In its continued effort to grow in mainstream market adoption, Ripple (XRP) has announced the appointment of Sendi Young as the managing director of its European operations. Sendi brings over 15 years of experience in the fintech sector and global payments solution to “oversee strategy and champion the expansion of Ripple’s global financial network technology, […]
Ripple (XRP) appears to be holding the $0.6000 line quite well as the broader market recovers from its recent crash. Ripple traded up by over 6% over the past 24 hours, while the overall market cap of the crypto market gained over $100 billion in the same period. Meanwhile, Ripple whales are at it again […]
The US Securities and Exchange Commission (SEC) intends to file a motion tomorrow to suppress the deposition subpoena issued by Ripple Labs on a former SEC official. The suppression motion getting pushed by the Commission comes as the SEC argues that the questioning of a former official under oath was unacceptable. That said, the decision […]
Whale Alert DLT, an analytics company tracking large cryptocurrency transactions in the crypto space, has highlighted large Ripple (XRP) movements over the past 24 hours. Their report shows that over 282 million XRP has exchanged hands across prominent exchanges. Meanwhile, Whale Alert noted that Ripple moved 127.6 million XRP (over $107 million) in two tranches. […]
Ripple (XRP) has claimed yet another small victory in its ongoing legal case against the US Securities and Exchange Commission, following a court ruling denying the SEC from gaining access to Ripple’s lobbying activities and logs. Magistrate Judge Sarah Netburn of the District Court for the Southern District of New York ruled on June 15 […]
Cryptocurrency provider Ripple has just released a proposal to integrate Federated Sidechains into the XRP Ledger (XRPL). The goal behind this undertaking is for each sidechain to operate as an independent blockchain, thereby preserving the XRPL’s leanness and efficiency for cross-border payments. The CTO of Ripple, David Schwartz, noted that developers on the XRP network […]
According to a recent report by CoinShares, Ripple (XRP) investment products recorded a spike in capital inflows last week. CoinShares also highlighted the growing popularity of Cardano and Polkadot. In its digital asset fund flows report, the assets manager noted that the entire cryptocurrency investment products attracted about $74 million in capital inflows last week. […]
In the ongoing SEC vs. Ripple (XRP) case, the Commission is now requesting that Judge Sarah Netburn depose five more witnesses, including former Ripple CFO Ron Will and former Xpring senior vice president Ethan Beard. The Securities and Exchange Commission asserts that its increase in deposition requests spurs from the new development of evidence and […]
Ripple (XRP) continues to expand its footprint in the MENA region. The cryptocurrency provider announced today that it signed a new partnership with the National Bank of Egypt. With the new partnership, Egypt’s largest banking institution in terms of assets can facilitate remittance inflows from the United Arab Emirates through LuLu International Exchange.&. The North […]
