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Ripple co-founder Arthur Britto posts on X for the first time in 14 years

2025-06-24 03:07

BlockBeats News: On June 24th, Ripple co-founder Arthur Britto tweeted on X for the first time in 14 years, featuring a "silent face" emoji.

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08:50

U.S. Housing Regulator Could Let Crypto Be Considered in Mortgage Applications

Director Bill Pulte said that the FHFA will examine whether cryptocurrency holdings should help when it comes to U.S. home loans.

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Report: UK could achieve £ 40 billion in encryption and Web3 economic value by 2035

The latest study "The Economic Potential of Decentralization" released by the UK independent advocacy group Startup Coalition shows that by 2035, the cryptocurrency and Web3 sectors in the UK could create up to £ 40 billion in economic value. The report points out that the application of stablecoins, user generated content based on DLT (such as social media), and the combination of blockchain and AI will be the main growth drivers. Although the Financial Conduct Authority (FCA) in the UK has started to develop regulations related to encryption and Web3, specific policy documents are expected to be released only in 2026. Currently, the lack of a clear decentralized regulatory framework has led many startups to prefer the more regulated US market.

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Data indicator update: Added contract clearing map and long short ratio to gain insight into market long short sentiment

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07:55

South Korean Political Commissar: The taxation of digital assets has not been specifically discussed yet

The National Affairs Planning Commission (NSC) directly under the President of South Korea stated at a regular press conference on June 24th that there have been no specific discussions on the implementation of digital asset taxation. The spokesperson for the National Political Commission stated that the content of the report is only a policy concept and not a final task, and all items should not be considered as formally implemented policies. The National Political Commissar plans to determine the topic and scope of discussion at the Tax and Fiscal Reform Working Group (TF) meeting on June 26th, and decide on the subsequent public content based on the meeting results. Previously, in a report on June 17th, the National Political Commissar mentioned expanding the tax system for the new economy, including digital assets such as Bitcoin, which attracted market attention. However, the implementation of digital asset taxation is expected to be postponed until 2027 due to insufficient infrastructure.

07:52

Ripple CTO: Arthur Britto's account has not been attacked, and he does not want to become a public figure

BlockBeats News: On June 24th, David 'Joel Katz' Schwartz, Chief Technology Officer of Ripple, confirmed in a post that the account involved in "Ripple co-founder Arthur Britto's first tweet on X in 14 years" has not been attacked or leaked. Arthur Britto's tweet features a 'silent face' emoji. According to Cointelegraph, Britto, along with Schwartz and Jed McCaleb, the founder of Mt. Gox, created the XRP ledger launched in 2012 and subsequently assisted in the development of the blockchain token XRP (XRP). He also co founded NewCoin with Schwartz, McCaleb, and Chris Larsen, which was later renamed OpenCoin and eventually evolved into the current Ripple Lab. Afterwards, he transferred to the position of consultant. The most well-known characteristic of Britto in the industry is his "mysterious" existence - there are no verified photos, he has never been interviewed or made public statements (excluding this emoji post), and he seems to deliberately avoid the public eye. He is also listed as the founder and president of PolySign, a blockchain infrastructure company. The commercial documents of the cryptocurrency trading platform Bitstamp show that Brito served as a director in May 2014 and subsequently resigned in September 2015. Britto's name has been mentioned in multiple US court case documents, including the Securities and Exchange Commission's (SEC) lawsuit against Ripple, but these documents only mention him as a co creator of XRP. He also sued McCaleb in a California court in 2015, accusing him of violating contract terms by creating Stellar, claiming that Stellar copied Ripple's code. The Ripple team has explained that Brito chose to maintain privacy because management work "may bring huge pressure", he is "introverted and extremely concerned about personal privacy", and for personal reasons, he does not want to become a public figure.