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Cryptocurrency

Ripple v. SEC Lawsuit Update October 8th

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TL;DR

  • The SEC appealed Judge Torres’s recent ruling, causing a sharp drop in the asset’s price.
  • The XRP community launched a petition against the SEC’s contend, but it lacks the legal power to stop the ongoing legal process.

The XRP Community is Not Pleased

The nearly four-year-old legal battle between Ripple and the US Securities and Exchange Commission (SEC) has seen numerous updates in the past few months. A key development was Judge Torres’s ruling in August, which determined that the sales of XRP on secondary markets to retail investors did not constitute securities transactions. However, she ordered Ripple to pay $125 million for violating certain securities laws.

The firm seemed satisfied with the decision, considering that the penalty represented a 94% reduction from the SEC’s initial request for $2 billion. That’s why many thought the Commission would appeal and, surely enough, it did

The news was followed by a sharp price decline for the token and dissent from the community. The XRP Army even created a petition called “Stop the SEC’s Unnecessary and Frivolous Appeal in the Ripple v. SEC Case.” The main purpose of the effort is “voices to be heard.” 

“The plea here is straightforward – stop the SEC’s baseless appeal in the Ripple v. SEC final judgment. The ramifications of this case extend beyond just Ripple and its stakeholders. It’s a matter of principle that goes to the very foundations of digital currency regulations.

We must protect the interest of all digital currency enthusiasts worldwide inspired by the prospects of a decentralized financial future,” the petition reads.

As of the moment, over 8,300 people have signed it, with 569 individuals joining the effort in the past 24 hours. The total goal is to reach 10,000 signatures.

Can the Petition Stop the Appeal?

It is worth noting that the legal process operates independently from public opinions and petitions. As such, the community’s initiative does not have the legal power to directly intervene or halt judicial proceedings.

On the other hand, it can raise awareness and trigger additional attention to the process.

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Cryptocurrency

Important Update Regarding Franklin Templeton’s Ripple (XRP) ETF: Details

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The United States Securities and Exchange Commission has delayed making a decision regarding the XRP ETF filed by Franklin Templeton.

Moreover, the Commission is now inviting public comment on whether to approve or deny the proposal, which was formally proposed for listing the Chicago Board Options Exchange (CBOE).

The deadline for submitting comments and rebuttals is set for late July. It’s worth noting that Franklin Templeton is currently the largest company to have filed for a spot XRP ETF and this delay is not indicative of the Commission’s decision to list the product. These extensions are well within its jurisdiciton and are considered relatively expected.

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Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

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Bitcoin’s price actions took another turn for the worse in the past several hours as the adverse developments on the Middle East front continue to unfold with more attacks and threats.

The latest statements from the POTUS indicated that the US has “complete and total control of the skies over Iran,” and he also demanded the country’s “unconditional surrender.”

Following the initial statement, Trump added on his social media platform that they knew “exactly where the so-called ‘Supreme Leader’ is hiding.” Although the US President said he is an easy target, he reassured that the ‘Supreme Leader’ is “safe there – we are not going to take him out (kill), at least not for now.”

He warned that the US’s patience is “wearing thin” and later demanded that Iran surrender unconditionally.

Bitcoin’s price, which has already been impacted on numerous occasions by the quickly evolving developments in the Middle East, started to lose value in the past several hours once again. The asset plunged to a five-day low of under $103,500 minutes ago, which meant a daily drop of roughly $5,000.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Santiment also weighed in on the matter by highlighting BTC’s price drop to new weekly lows. However, the analytics platform said the inflows into the Bitcoin ETFs “remain strong,” as the financial products have seen nearly $1.5 billion poured in since June 9.

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R0AR Introduces Unified DeFi Platform for Token, Liquidity, and NFT Staking

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[PRESS RELEASE – Sheridan, Wyoming, June 17th, 2025]

R0AR has launched its decentralized finance (DeFi) platform that integrates token staking, liquidity provision, and NFT-based rewards into a single user interface. Designed to support long-term engagement, the platform streamlines participation while incorporating embedded security measures and time-based reward models.

Streamlined Staking and Liquidity Solutions

The R0AR Platform enables users to interact with three primary mechanisms:

  • Token Staking: Users can stake $1R0R tokens for defined durations and earn time-weighted rewards based on lock-up periods.
  • Liquidity Provision: Participants contribute to ETH/$1R0R liquidity pools and receive rewards calculated through a dynamic, time-based APY system.
  • NFT Staking: Executive R0AR Society (ERS) NFTs allow holders to access monthly returns that scale with the duration of the stake. The NFTs also interface with governance and future AI-based personalization tools.

All services are accessible via a unified dashboard compatible with MetaMask, Trust Wallet, WalletConnect, and additional login methods.

Time-Based APY and Smart Engagement Logic

The SmartAPY system employed by R0AR replaces static returns and fixed lock-up models with a time-sensitive structure that increases rewards proportionally with the length of the stake. All liquidity and staking positions are subject to an 11-day minimum engagement window, enforced on-chain, with real-time visibility into countdowns for penalty-free withdrawal. (After 11 days their is no required lock periods letting you unstake at anytime while hitting APY tiers)

Security Infrastructure and Direct Token Access

The platform operates without reliance on third-party routing or aggregator services, reducing exposure to slippage and MEV-related risks. Smart contracts include embedded protections against unauthorized interactions and manipulation. Additionally, users can purchase $1R0R directly using ETH, Weth, USDC, or USDT via the platform, bypassing the need for centralized exchanges.

Practical Applications for NFTs

Beyond aesthetic or collectible use, ERS NFTs serve functional roles within the platform. When locked, they deliver increasing monthly payouts and can boost staking rewards when held alongside $1R0R in the same wallet. Bonus incentives are also available for verified users.

The NFTs include metadata designed to integrate with R0AR’s upcoming AI tools, allowing the system to adjust experiences based on behavioral patterns without requiring active user input.

Ecosystem Integration and Technical Foundation

Each of the platform’s core functions—staking, liquidity, and NFT utilities—contributes to a cohesive ecosystem. Built on the Optimism OP Stack, the R0AR Platform benefits from reduced transaction costs and scalability for future integrations, including real-world asset support and AI-enhanced personalization features.

Public Launch and Availability

The R0AR Platform is scheduled for public release on 6-16-2025 . Users will be able to access all staking, liquidity, and NFT functionalities (NFT staking to follow on the r0ar platform in the coming weeks after launch) at https://www.r0ar.io/platform.

About R0AR

R0AR is a decentralized finance platform offering token staking, liquidity solutions, and NFT-based engagement tools. Operating on the Ethereum Blockchain & R0AR’s custom OP Stack Layer 2 chain, the platform emphasizes time-based rewards, user protection, and simplified participation across DeFi protocols.

R0AR Platform: https://www.r0ar.io/platform.

How to use the r0ar Platform : https://www.youtube.com/playlist?list=PL9NGvnQ0OI2FM2VTtZrjqnxxgdKvz62F-

R0AR Homepage: https://www.r0ar.io/

Telegram: https://t.me/r0ar_community

X: https://twitter.com/th3r0ar

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