Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Ripple transfers 500 million XRP from its escrow walletRipple turned heads this week when data from Whale Alert suggested the fintech startup has transferred 500 million XRP tokens from its escrow wallet — funds worth $130 million. This isn’t the first time that the California-based company has executed such an enormous transaction, and some factions of the XRP community are angry. Concerned that prices are crashing, Twitter user Crypto Bitlord started a Change.org petition urging the fintech startup to stop dumping, adding: “It’s amazing this sort of behavior is widely accepted in the crypto world.” Thursday saw yet another petition adopt a more sarcastic tone, urging Ripple to increase the dumping of XRP and “unleash the utility!” The company says it is selling XRP to invest in firms that could help its ecosystem grow and to fund its operations.
Craig Wright challenges court order requiring him to pay 500,000 BTCApple exec says cryptocurrency “interesting” — has long-term potentialBurger King starts accepting Bitcoin for online orders in GermanySomeone moved $1 billion for a $700 fee, overpaying 20 times Tron CEO Justin Sun accused of buying 5,000 Twitter followers per daySquare and Twitter CEO Jack Dorsey: Bitcoin not functional as currency yetPolice seize $15,000 crypto thief after he mistakenly disclosed identityBig Four and blockchain: Are auditing giants adopting yet?IRS expands penalties: Which tax mistakes are better not to commit Crypto, cash and drugs: Crypto use grows as drug trade digitizesContinue Reading on Coin Telegraph