Ripple to Respond to SEC’s Penalty Request by April 22
Ripple Labs Chief Legal Officer Stuart Alderoty has stepped up to defuse the misinformation about how the lawsuit between Ripple and SEC has been. This was one of the clarifications that had followed a post on X former Twitter post by a digital currency influencer known as ‘Crypto Eri’ that was not clear in detailing […]
Ripple’s XRP powers all Tranglo real-time transactions
A global payment processing firm, Tranglo, has incorporated Ripple’s On-Demand Liquidity (ODL) service into its operations to settle cross-border payments using the cryptocurrency XRP. This service creates a direct gateway to bypass the weaknesses of banking systems and helps in the execution of more efficient and low-cost transactions. Chad Steingraber, a very active member of […]
Ripple vs. SEC legal battle spurs settlement speculation
The Ripple Labs case with the U.S. Securities and Exchange Commission (SEC) has recently burst into litigation over plausible crypto-related issues. Recent developments have brought people again to this topic of creating a possible settlement. A crucial court filing on March 29 revealed that Ripple and the SEC had been to a meeting for settlement. […]
Ripple’s strategic XRP release fuels rumors of SEC settlement
Ripple has unlocked 500 million XRP from escrow in two transactions. The first transaction brought 200 million XRP sold for around 123.63 million dollars, and the second one created another 200 million XRP that cost approximately 183.89 million dollars. But this one is odd since Ripple usually arranges them for the first day of any […]
Ripple CEO Brad Garlinghouse hits back at scammers, vows to fight fraud
Brand Garlinghouse has criticized scammers who are trying to impersonate him on social media platforms. In a post on X social media platform, Brad Garlinghouse posted something colorful and referred to them as “pathetic lowlifes”. Ripple will fight these fraudsters. A video of a double in plaid pajama pants advertising a giveaway scam that is […]
Ripple CEO Brad Garlinghouse urges regulatory clarity amid XRP lawsuit
While delivering a speech at the Paris Blockchain Week recently, Ripple CEO Brad Garlinghouse highlighted the fact that before the conclusion of the XRP lawsuit, the blockchain industry truly requires proper regulatory clarity. Brad Garlinghouse’s comments have received a lot of feedback in the cryptocurrency community and thus have shown Ripple’s general position on regulatory […]
Ripple’s Metaco secures custody deal with BCB group
BCB Group, an innovator and leader in digital asset economic payment and trading activities, and Metaco, which is a global leader in the space of digital asset custody platforms, are shifting BCB Group’s electronic asset custody activities to Metaco. This deal was unveiled on Tuesday during the Metaco ceremony held in Ripple’s custody platform. The […]
Bill Morgan debukes myths affecting Ripple’s XRP token
Bill Morgan, a notable Ripple community member, tackled the recurring rumors that were undermining Ripple native token XRP. To begin with, Morgan’s analysis concerns three main areas of widespread disinformation. Morgan tackles the bullies with evident-based refutation, in order to lead the community to more constructive discussion. The first question is how Ripple handles its […]
Ripple is launching a stablecoin – but what does it actually mean?
Ripple, a name that’s been tossed around more in courtrooms than in crypto exchanges lately, is stepping into the stablecoin market. Ohh, yeah. While Bitcoin is making people’s wallets fatter and the crypto market is having more mood swings than a pregnant woman, Ripple’s throwing its hat in the ring with a stablecoin. But before […]
Ripple ODL’s impact on XRP price analyzed by crypto expert
Ripple’s On-Demand Liquidity (ODL) solution, now rebranded to Ripple Payments, has raised a lot of discussion among the community members, asking whether it affects the market value of XRP. A well-known author in the cryptocurrency domain, Panos Mekras, has put forward the claim that even though Ripple’s ODL mechanism has all the chances to succeed, […]
Ripple CTO Dismisses Proposal to Donate Escrowed XRP Tokens
Regarding a decision made by Ripple executives on their Escrowed XRP token donation to the XRP Ledger Foundation (XRPL), the CTO, David Schwartz, criticized the infeasible effects of such a move. The plan was drawn with the consideration of Panos Mekras, the co-founder of Anodos Finance, who suggested the XRPLF may possess a better position […]
Ripple CLO Stuart Alderoty critiques SEC’s crypto guidance after settlement talk
Following a settlement conference between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) on March 29, Ripple CLO, Stuart Alderoty, voiced concerns on social media platform X. Alderoty lashed out at the SEC for not providing clear regulatory guidance to the cryptocurrency industry despite the SEC stating that the DAO report offered considerable […]
Ripple faces criticism from Forbes over XRPL’s role in global finance
In the latest article, Forbes has classified the XRP Ledger (XRPL) and 19 other blockchains as not really working – to the point of calling them “zombie chains”. The research claims that these networks, among them XRPL, need more substantial use despite their presence within the blockchain ecosystem for more than a decade. Forbes’ analysis […]
Attorney Jeremy Hogan critiques SEC’s $2 billion demand from Ripple
Ripple Labs is facing a record fine of $2 billion proposed by the U.S. Securities and Exchange Commission (SEC). This action takes place in the context of unresolved litigations concerning the accusations of deceiving the federal securities law through Ripple’s institutional sales. Examining the SEC’s desire, attorney Jeremy Hogan pointed to the possible consequences for […]
Ripple faces mounting legal pressure as SEC seeks final judgment
In the legal battle between Ripple Labs Inc. and the Securities and Exchange Commission (SEC), a final blow is poised for Ripple Labs as the SEC works towards securing a final judgment. Pro-XRP lawyer Bill Morgan is a prominent figure with a deep knowledge of the downsides for Ripple from the SEC’s charges of non-compliance. […]
SEC proposes $2B fine against Ripple
The U.S. Securities and Exchange Commission (SEC) is reportedly seeking a $2 billion penalty against blockchain firm Ripple Labs, according to statements from Ripple’s Chief Legal Officer Stuart Alderoty. The request to impose fines and penalties is part of a legal filing that remains under seal, with public disclosure expected imminently. This development escalates the […]
Ripple lawyers challenge SEC chair on crypto stance
In a recent surge of critiques from the cryptocurrency community, prominent pro-XRP lawyers have voiced strong opposition against SEC Chair Gary Gensler. They accuse him of failing in leadership and unfairly targeting the crypto industry. The criticism follows Gensler’s remarks on the necessity of public disclosures by crypto firms, which many saw as an attempt […]
Ripple vs. SEC: Sealed documents set for public viewing
In the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, significant developments have occurred. The SEC has filed its opening remedies brief along with supporting documents, albeit under seal. These developments come as the latest in a series of legal moves that have captivated the attention of the cryptocurrency […]
Ripple and XRP ledger face allegations amidst EVM integration speculations
In the ever-evolving landscape of cryptocurrency, Ripple and the XRP Ledger (XRPL) find themselves at a crossroads as speculation mounts regarding Ripple’s intentions and potential impact on the XRPL’s integrity. Recent discussions within the cryptocurrency community have raised concerns about Ripple’s role within the XRPL ecosystem, particularly in light of its proposed integration of the […]
Ripple-SEC agreement sets course for transparent XRP lawsuit progress
In the ongoing legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) over the status of XRP, both parties have recently submitted a joint sealing proposal to the United States District Court for the Southern District of New York. Structured timeline in Ripple-SEC legal battle This proposal outlines a structured […]
Ripple CTO outlines XRP role in upcoming XRPL AMM launch
In an effort to dispel ongoing speculations within the XRP Ledger (XRPL) community, Ripple’s Chief Technology Officer, David Schwartz, recently provided clarifications regarding the use of XRP and other assets on the soon-to-launch XRPL Automated Market Maker (AMM). With the AMM feature poised to go live in a matter of days, the XRPL community has […]
XRP is now trading on the treasury-approved Atlantis crypto platform
In a significant development for cryptocurrency markets, XRP has commenced trading on Atlantis Exchange, a crypto trading platform registered by the U.S. Department of the Treasury. The exchange made this announcement via a post on X, revealing that XRP trading started on March 17 at 5:00 AM UTC. The platform has introduced a trading pair […]
Ripple CLO criticizes SEC’s recent legal challenges
In a recent development, the Fifth Circuit Court of Appeals has temporarily halted the Securities and Exchange Commission’s (SEC) climate reporting regulations. This decision interrupts the SEC’s initiative to mandate companies to disclose greenhouse gas emissions and other climate-related data. The court’s action responds to Liberty Energy’s argument that the new rules would inflict irreparable […]
SEC-Ripple legal battle intensifies: Key dates and expectations
As the longstanding legal dispute between the Securities and Exchange Commission (SEC) and Ripple unfolds, stakeholders eagerly anticipate significant developments in the coming weeks. With crucial deadlines looming, both parties are gearing up for a pivotal phase in the litigation process. Ripple key dates approaching The SEC’s opening brief is scheduled for submission on March […]
XRP legal status examined in ECGI research
A recent research paper by the European Corporate Governance Institute (ECGI) sheds light on the regulatory landscape surrounding Ripple (XRP), the cryptocurrency associated with Ripple Labs. Titled “Corporate Governance Meets Data and Technology,” the study, authored by Wei Jiang of Emory University and Tao Li of the University of Florida, delves into the evolving fundraising […]
Ripple-SEC lawsuit nears conclusion, XRP price outlook hangs in the balance
As the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its culmination, market participants eagerly anticipate the court’s verdict, which could significantly impact the trajectory of XRP, the cryptocurrency associated with Ripple. Key dates loom on the horizon, with April 12 marking the deadline for motions opposing proposed remedies and […]
Brad Garlinghouse emphasizes on XRP market resilience
Ripple’s CEO, Brad Garlinghouse, recently took to social media to discuss broader market trends, emphasizing the importance of real-world utility amidst a surge in XRP’s value. Garlinghouse underscored the significance of Bitcoin ETFs as a leading indicator of crypto market movements, alongside the anticipation of Bitcoin’s upcoming “halving” event. XRP surges 20% above $0.74 amid […]
Ripple CTO clarifies XRP’s potential for gradual appreciation
David Schwartz, the Chief Technology Officer of Ripple, offered insights into the nature and potential of the XRP token. Amid discussions surrounding the token’s role in generating passive income, particularly after the XRP Ledger’s automated market maker (AMM) activation, Schwartz provided clarity on its prospects. He described XRP as a high-volatility asset, akin to other […]
Pro-crypto candidate challenges Elizabeth Warren and John Deaton
Ian Cain, co-founder of Qubic Labs, is rumored to enter the U.S. Senate race as a Republican candidate, potentially posing a significant challenge to both Senator Elizabeth Warren and pro-XRP advocate John Deaton. Cain’s background in the blockchain industry, notably through his involvement with Qubic Labs, signals his pro-crypto stance and sets the stage for […]
Bill Morgan predicts XRP could surpass $3.4 amid legal clarity
Attorney Bill Morgan has outlined key factors that could drive the cryptocurrency XRP to surpass its previous all-time high (ATH) of $3.4 within the year. Despite the digital asset’s lackluster performance amid a broader market rally, Morgan’s insights shed light on possible catalysts for a significant price movement. XRP legal clarity and market confidence One […]
XRP community debates allegations of price manipulation by Ripple
In a recent development within the XRP community, a member known as Sherrie has sparked a heated debate regarding allegations of price manipulation surrounding Ripple’s XRP token. The controversy arose after documents emerged suggesting Ripple’s utilization of trading bots from GSR, a global crypto market maker, for institutional XRP sales. Despite these claims, Ripple’s Chief […]
SEC-Ripple case deadline pushed back by Judge – What it means
A recent move by Judge Analisa Torres has thrown a spotlight on the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs. To the surprise of many, the judge has given the nod to the SEC’s plea for more time to file critical documents in their case against Ripple. This decision […]
Ripple’s CTO calls for consensus on XRPL update before deadline
XRP Ledger (XRPL) community, Ripple’s Chief Technology Officer, David Schwartz, has issued a call to action for validators and node operators to upgrade to the newly released version 2.1.0 of the ledger’s reference server software, rippled. The update, which encompasses a range of amendments, bug fixes, and build improvements, aims to enhance the security, efficiency, […]
Ripple enhances XRP stability, locks 800 million
According to data from Whale Alert, Ripple, the renowned cryptocurrency payments firm, has secured 800 million XRP in its escrow accounts as of March 1. This move comes after the company only unlocked 500 million XRP at the start of the month, marking a significant shift from its regular escrow operations. The transactions were executed […]
XRP buyback proposal sparks feud between Terrett and Vallee
A recent dispute has emerged between Fox Business journalist Eleanor Terrett and Jimmy Vallee, Managing Director of Valhil Capital, over a contentious XRP buyback proposal that was initially put forward two years ago. The proposal, which suggested that the Federal Reserve could buy back XRP at an unprecedented rate of $37,500 per token, has reignited […]
Ripple and Zoniqx team up for XRPL multi-asset tokenization
RippleX, the development branch of Ripple, has formed a strategic partnership with Zoniqx, a Silicon Valley-based tokenization firm. This collaboration aims to bring multi-asset tokenization to the XRP Ledger (XRPL), marking a pivotal step towards transforming the XRPL into a hub for real-world asset (RWA) tokenization. The announcement was made public through a press release […]
Ripple CTO doubts AMMs will stabilize XRP prices soon
David Schwartz, the Chief Technology Officer of Ripple, expressed skepticism regarding the potential of Automated Market Makers (AMMs) on the XRP Ledger (XRPL) to significantly mitigate the volatility of XRP prices in the short term. Despite the theoretical benefits of AMMs, such as volatility harvesting and the provision of additional liquidity, Schwartz believes that their […]
SEC targets Ripple for $2.6 billion fine in landmark case
The U.S. Securities and Exchange Commission (SEC) is pursuing a case against Ripple Labs Inc., alleging that the company violated securities laws by selling XRP as an unregistered security. This legal battle, highlighted by prominent XRP community member Ashley Prosper on the social media platform X (formerly Twitter), underscores the SEC’s strategy to potentially secure […]
Ripple Surprises with Unforeseen 400 Million XRP Release
Ripple, the esteemed San Francisco-based blockchain company renowned for its innovations in the digital asset space, recently made waves within the XRP community with an unprecedented move. In a surprising twist, XRP opted for an unscheduled release of a staggering 400 million XRP tokens, equivalent to an estimated $217 million in value. This departure from […]
Ripple CTO unveils origins of XRP currency code naming
In a recent commentary shared with the cryptocurrency community on Reddit, David Schwartz, the Chief Technology Officer at Ripple and one of the key architects behind the XRP Ledger, provided an insightful explanation of the naming convention of the ledger’s native currency, XRP. This elucidation came to light following a highlight by Edward Farina, Head […]
