Joined: 10.01.2021   
Dipanshu Saini             
in Blockchain since 2009
I am manager of National bank of India
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Since December 22nd, when the Securities and Exchange Commission (SEC) announced that it was filing an action against Ripple Labs and its founders, many have been closely following the newest developments aroun...d the popular cryptocurrency. The questions started to raise: How will this event impact the XRP price? Why are the prominent exchanges delisting the Spark airdrop, which was one of the most popular airdrops of 2020? Has this event shown us a regulatory risk of centralized cryptocurrencies?

In this blog post, we’ll answer some of the most burning questions. Let’s dive in.

What does Spark airdrop have to do with XRP?
Spark is the native token of the Flare Network. The network is designed to offer smart contract functionality to XRP but on a separate blockchain. Spark tokens were set to be distributed by airdrop on December 12th, 2020. Who was eligible for the airdrop? In short, anyone holding XRP in their accounts was automatically qualified to participate. The amount of received tokens depended on the amount of XRP in wallets.

Many prominent exchanges, including names such as Coinbase, Binance, Huobi, and Kraken, announced that they would support the airdrop. The initial plan was to distribute Spark tokens over a minimum of 25 and a maximum of 34 months. However, things got complicated.

Ripple Labs and its founders face charges from the SEC
On December 22nd of 2020, SEC, the primary federal regulator responsible for enforcing federal securities laws in the United States, announced that it had filed an action against Ripple Labs and its two founders. According to the announcement, the company has raised over $1.3 billion through an unregistered, ongoing digital asset securities offering. In addition, the complaint states that two executives, Bradley Garlinghouse and Chris Larsen, also affected unregistered personal sales of XRP, totaling approximately $600 million. Several notable companies, including major crypto exchanges, asset managers, and market makers, stopped their XRP-related operation after the complaint.

Does this affect XRP and Spark price?
Actually, it has already started to affect. When the Spark airdrop was announced, we witnessed a surge in XRP’s price, which rose from $0.30 to $0.73 within a couple of days. Besides, XRP saw an increase of 1,000% in its trading volume on eToro just before the airdrop.

However, after the SEC filed a complaint, XRP’s started to decline. After the news broke, the price of XRP dipped 2.1% to a 24-hour low of $0.199910. According to CoinMarketCap, XRP has stabilized at about $0.50, down 27.5% from its November (before the airdrop) high and more than 16% over the past days. And that wasn’t the only consequence that Ripple and XRP need to face
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Happy New Year We expect the live distribution to start in March !!!

https://bitcoin.black/#a_aid=5b47532be9af8 Welcome to the Bitcoin Black Rewards Program! USD 36,000,000.

The first to share... the free coins with most of their friends will receive 180,000,000 coins each (equal to $ 1,800,000 per person)
Participants 11-110 will receive 18,000,000 coins each (equal to $ 180,000 per person)

You also get rewards from friends of your friends, so don't forget to invite friends with more friends!
When a friend joins rewards, you also receive a reward for receiving an Airdrop
Anyone who subscribes to the Airdrop will receive 3,600 free coins ($ 36).

The more you share through the reward panel, the more opportunities to earn!

Bitcoin Black continues to grow at a record pace and has surpassed 500,000 members.
The cryptocurrency market by market capitalization has exceeded $ 1 trillion.


AIRDROP
We expect the live distribution to start in March.


APPENDIX INTRODUCTION AWARDS
Once the airdrop is complete, App Implementation Rewards will begin and commission for each referral will be paid instantly to your Bitcoin Black wallet.
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PI Network
4 years ago

1 QCP

I am sending you 1π! Pi is a new digital currency developed by Stanford PhDs, with over 10 million members worldwide. To claim your Pi, follow this link https://minepi.com/mungi1969 and use my username (mungi19...69) as your invitation code.Show more >

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We are at the final stage of IOS version. It will be with you very soon

https://www.truefeedbackchain.com/

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https://news.bitcoin.com/ransomware-ryuk-rakes-in-150-million-in-bitcoin/

A new report by two cybersecurity firms has revealed that one ransomware family is particularly successful, raking in over $150... million in bitcoin. The ransom payments “sometimes amount to millions of dollars and typically run in the hundreds of thousands range.”Show more >

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Hello
I am manager of national security Bank
in India.
My website earn cryptocurrencies website
Link Earn More👉 https://bit.ly/3qiLunN

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