He039s – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Tue, 05 Aug 2025 09:59:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 He039s – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ripple CTO Back in Code, Here's What He's Building for XRP https://earlybirdsinvest.com/ripple-cto-back-in-code-heres-what-hes-building-for-xrp/ https://earlybirdsinvest.com/ripple-cto-back-in-code-heres-what-hes-building-for-xrp/#respond Tue, 05 Aug 2025 09:59:17 +0000 https://earlybirdsinvest.com/ripple-cto-back-in-code-heres-what-hes-building-for-xrp/

A couple of days after surprising the XRP community with the news that he had built and deployed a fully operational XRPL server out of his own pocket, Ripple CTO David Schwartz is already thinking about what comes next — and no, it is not more hardware. This time, it is about visibility.

Back in early August, Schwartz said he is planning to write a custom monitoring tool to track the performance and activity of his setup. This is specifically to support tools like rrdtool or Cacti.

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It might sound like a side project, but it is actually based on the same ideas that went into the hardware build: keep it simple, strong and built specifically for XRPL. The server, which is in a New York datacenter and runs Ubuntu with a 9950X processor, 256 GB RAM and a 10 Gbps unmetered link, is already syncing and providing live connectivity. 

Schwartz confirmed it can realistically handle 192 server connections and possibly more but wants to keep plenty of headroom in reserve for moments of network stress or instability.

What’s next?

There are not any monitoring graphs yet, but that is what the next step is for. Actually, while one of his followers suggested using Grafana, Schwartz just dismissed it, saying that it is not necessary for what he is building. 

It is not about fancy dashboards — it is about understanding how the infrastructure performs under pressure and making sure it stays reliable, even in unpredictable situations.

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The project is still personal and independent, with no official Ripple involvement, but the implications for XRPL’s decentralization are real. With Schwartz back in the trenches running infrastructure directly, the network might gain not only more connectivity but also sharper insights into how it performs outside the lab.

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Senate Democrat Says He's Looking Into Trump's Crypto Businesses https://earlybirdsinvest.com/senate-democrat-says-hes-looking-into-trumps-crypto-businesses/ https://earlybirdsinvest.com/senate-democrat-says-hes-looking-into-trumps-crypto-businesses/#respond Wed, 07 May 2025 00:47:20 +0000 https://earlybirdsinvest.com/senate-democrat-says-hes-looking-into-trumps-crypto-businesses/

The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump’s recent crypto activities and whether they’re part of a “pay-to-play scheme to provide access to the Presidency to the highest bidder.”

Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations — a panel housed within the Committee on Homeland Security and Government Affairs — wrote letters to Bill Zanker of Fight Fight Fight LLC and Zach Witkoff, a co-founder of World Liberty Financial on Tuesday, asking them a series of questions about the ownership and investment structure for Trump-affiliated entities, including Fight Fight Fight LLC (the company behind the TRUMP memecoin), CIC Digital LLC (which issued Trump’s NFTs and co-owns Fight Fight Fight), Celebration Cards LLC (another entity affiliated with Trump’s NFTs) and DTTM Operations LLC (which manages Trump’s IP rights), as well as World Liberty Financial and its affiliated entities.

“The Permanent Subcommittee on Investigations is conducting a preliminary inquiry into potential conflicts of interest and violations of the law from President Trump’s cryptocurrency ventures … and associated businesses’ financial dealings with foreign nationals, foreign governments and other cryptocurrency firms,” the letters both said, with one pointing to World Liberty Financial and the other to the $TRUMP memecoin.

The letters went on to say that the businesses “may be enabling the violation of government ethics requirements,” before posing a number of questions for the companies’ respective executives.

These questions include asking how the companies identify or block investments from foreign governments, how much revenue they’ve generated and whether individuals facing prosecution or investigations can participate.

The letters also ask the executives to produce records tied to the Trump-affiliated crypto businesses.

Because Democrats are currently the minority party in the Senate, Blumenthal does not have subpoena power unless his Republican counterpart, Sen. Ron Johnson, also signs on. A spokesperson for Johnson did not immediately return a request for comment.

Democrats have sounded the alarm over Trump’s crypto businesses in recent days. Earlier Tuesday, Rep. Maxine Waters, who leads her party on the House Financial Services Committee, objected to a joint hearing with the House Agriculture Committee to address market structure legislation and instead hosted her own hearing focused on these crypto tie-ups.

A weekend statement from Sen. Ruben Gallego and a handful of other Democrats saying the lawmakers would not vote for the Senate’s stablecoin bill also seems to stem from Trump’s crypto ties — in particular the announcement by Eric Trump that Abu Dhabi-based investment firm MGX would use the Trump-affiliated USD1 stablecoin to close a $2 billion investment into Binance.

Sen. Chris Murphy also introduced a bill Tuesday which would ban the U.S. president and other senior government officials from issuing memecoins or other financial assets.

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