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Japan-based SBI Group launches NFTs on XRP Ledger for World Expo 2025
2.7.2024
SBI Group of Japan has issued non-fungible tokens (NFTs) on the XRP Ledger in anticipation of the upcoming World Expo 2025 in Osaka. This is intended to enhance the quality of interactions among attendees by utilizing blockchain technology, according to the company’s perspective. This...
Ripple vs SEC case moves forward, awaits final verdict
1.7.2024
The SEC vs Ripple legal battle will have implications. It will be on XRP, and the token is speculated to experience volatility. One safe bet is for Ripple to win the verdict in its favor by defying the SEC’s allegations that it is involved in offering unregistered securities. The allegation...
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
30.6.2024
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s “buy and hold forever” strategy. Vivek Ramaswamy’s chances of becoming Trump’s vice presidential pick have surged by 1,100% on Polymarket....
Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation
28.6.2024
In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court
Ripple to unlock 1 billion XRP in the upcoming month
28.6.2024
The Ripple unlocking process has an influential role in the cryptocurrency market. Ripple utilizes the crypto wallets Ripple 24 and Ripple 25 to manage the unlocking of 500 million XRP. They placed the remaining XRP in future contracts scheduled for September 2027, the biggest monthly sale...
California judge sends Ripple case to trial, contradicts NY judge
21.6.2024
A judge in California has ordered Ripple to go to trial under the civil law on securities. This decision is significant within the realm of digital currencies. Judge Phyllis Hamilton of the U.S. District Court for the Northern District of California partially granted Ripple’s request for...
Whales transfer over 52M XRP to exchanges amid price recovery
20.6.2024
XRP is showing signs of price recovery by hovering within a defined range. This is a good signal, as the token aims for a higher milestone and the XRP lawsuit nears its settlement. In this scenario, two transactions stand out. Their collective transfer to centralized exchanges amounts to more than...
Ripple’s legal woes and SEC appeals dim XRP’s outlook
19.6.2024
XRP, one of the widely-used cryptocurrencies, plummeted by 2.65 percent on Tuesday, June 18th. This decline partially mitigated the previous day’s increase when it had climbed by 3.19 percent and traded at $0.4914 at the close. Despite this, XRP’s value has been swinging as legal advancements...
Scam alert: Fake Ripple USD tokens emerge ahead of official release
19.6.2024
Scamsters are busy scouring ways to take advantage of Ripple’s stablecoin release by issuing an imitation version of the Ripple USD (RLUSD) token on the XRP Ledger. The yet-to-be-introduced RLUSD token will be shouldering its way forward through the big timers like Tether and Circle, falling...
The US SEC opposes Ripple’s initiatives to lower its fines
18.6.2024
“Ripple is agreeing to nothing”, the Securities and Exchange Commission indicated in its response to Ripple’s request for lower fines. The company has been constantly engaging in legal battles with the Securities and Exchange Commission since 2022. The Securities and Exchange Commission refuted...
Buyer demand rises for XRP amid hopes for SEC vs Ripple settlement
18.6.2024
The value of XRP has gone up by 2.31% in the last 24 hours. This is largely credited to the hopes that the community members have. They stem from the speculation that the US Securities & Exchange Commission and Ripple may soon settle. While Ripple will have to shed a few bucks, the numbers...
SEC rejects Ripple Labs plea to lower fines, insists on nearly $2B penalty
17.6.2024
The San Francisco based Ripple Labs Inc. is currently engaged in a legal battle with the SEC over the latter’s request for a $2 billion penalty. They are advocating for a decrease, claiming that Terraform Labs’ recent $4.5 billion settlement is a point of reference. Ripple’s lawyers also say that...
Rumors of SEC settlement behind highs and lows of XRP
17.6.2024
Rumors doing the rounds regarding a possible settlement by the SEC is creating the oscillation of XRP price reaching $0.5049, to go south almost immediately. Previously too, the price lowered by 0.27%, from the figure of 3.50%, finally standing at $0.4892, following a further decline by 1.77%. ...
Ripple backing Terraform Labs against a penalty charged by SEC
14.6.2024
Ripple is siding with Terraform Labs by taking a firm stand against the Securities and Exchange Commission levying a penalty charge against the company. In Ripple’s opinion, the court should discard the settlement issue. Recently, the SEC asked the founder of Terraform, Do Kwon, to make a payment...
Ripple & Archax drive millions in assets to XRP Ledger
13.6.2024
XRPLApex 2024, Amsterdam—A major development for growth and progress in the field of enterprise blockchain and cryptocurrency, Ripple has announced a partnership with Archax, which is the first digital asset exchange broker and the custodian to be regulated by the Financial Conduct Authority in...
Ripple CEO unveils RLUSD stablecoin at XRP Ledger Apex Summit
12.6.2024
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 Adds Ethereum Virtual Machine Compatibility to XRP Ledger
12.6.2024
The XRP Ledger (XRPL) will now be compatible with the Ethereum Virtual Machine (EVM) thanks to the launch of the XRPL EVM Sidechain by the Ripple team. This new product will enable EVM compatibility and unlock opportunities for decentralized finance (DeFi) and real-world asset tokenization (RWA)...
Ripple buys Standard Custody, names Jack McDonald SVP of stablecoins
11.6.2024
Ripple has performed exceptionally well in achieving yet another feat, as the company successfully struck a deal to acquire Standard Custody & Trust Company, a virtual asset custodian. The regulatory authorities’ approval of this important acquisition will complement Ripple’s...
Ripple launches XRP Ledger Innovation Fund in Japan and Korea
11.6.2024
Ripple, the pioneer in enterprise blockchain and crypto solutions, has come up with a new product: the XRPL Japan and Korea Fund. It will extend support to a wide variety of endeavors to promote technological novelty on the XRP ledger in Japan and Korea. The XRPL Japan and Korea Fund will join...
Ripple grows influence with Georgian National Bank partnership
10.6.2024
Despite being in a lawsuit against the SEC for years, Ripple is still generating a buzz in the market. The venture recently entered into a partnership with the NBG (National Bank of Georgia). That is not all, as a recent report shows 80% of Japanese banks are partnering with Ripple. Most of these...