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Ripple CEO unveils RLUSD stablecoin at XRP Ledger Apex Summit


At the XRP Ledger Apex event, Brad Garlinghouse, the CEO of Ripple, revealed the name of the much-discussed stablecoin. The future digital currency, RLUSD, will introduce a revolutionary change in the Ripple network by providing a safe and stable way of executing trades. This exciting announcement...

Ripple CEO Unveils New Stablecoin Name at XRP Ledger Community Summit


In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like...

Ripple CEO Expects SEC to Approve Spot XRP ETF Next Year


Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot XRP ETFs next year, reiterating that they are inevitable. The executive discussed cryptocurrency regulations in the U.S., highlighting the SEC’s shift towards pragmatism after...

FTX CEO John Ray III sold its remaining Anthropic shares


The CEO of FTX Estate, John Ray III, sells its balance shares in Anthropic, amounting to 15 million, at a price of $30 per share. Through this, he managed to rake in the amount of $450 million. Incidentally, Anthropic is an AI startup that introduced its chatbot, Claude.  The FTX Estate has filed...

Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’


Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think...

Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California


Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao...

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