According to reports, Ripple (XRP) recorded some massive coin movements just a few hours before its current recovery. At the time of the transactions, XRP traded at $0.8000. According to U.today, the value of the transactions summed up to $76 million. The first and largest transaction saw 40 million XRP (Worth $32 million at the […]
Following a recent network issue, it has become more pressing for Ripple to implement improvements on its “Trust Line” on the XRP Ledger (XRPL). Yesterday, two XRP nodes operated by Ripple, “s1 and s2,” broke synchronization with the network. The break lasted for over five hours, with users of non-custodial wallets like Xuum and xrplcluster.com […]
Ripple (XRP) CEO Brad Garlinghouse recently expressed his optimism over the ongoing XRP vs. SEC lawsuit, noting that he expects the case to end next year. Garlinghouse made the comments in an interview with CNBC Monday. Elaborating on his timeline projection for the lawsuit, the CEO noted that: “We’re seeing pretty good progress despite a […]
Following in the footsteps of Coinbase, Ripple (XRP) published a proposal for a regulatory framework for cryptocurrency dubbed “A Real Approach to Cryptocurrency Regulation” yesterday. The company explained that the proposal was its “vision for how existing financial regulatory frameworks can be used to advance innovation and enhance consumer and market protections,” elaborating that: “Today, […]
Ripple (XRP) has taken a step further into creating more innovative crypto products as the company prepares to launch a new product to provide institutional customers with digital assets services. According to Ripple CEO Brad Garlinghouse, the new enterprise-focused service, dubbed Liquidity Hub, would launch next year. Once the product goes live, institutions will have […]
Ripple (XRP) appears to have regained a decent level of bullish sentiment following positive developments from the ongoing legal battle with the SEC and Wrapped announcement. Wrapped recently announced that it would support XRP (wXRP) on the Ethereum blockchain by December. The announcement detailed that the wXRP token will receive backing 1:1 by XRP in […]
Commenting on the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission, Coinbase CEO Brian Armstrong noted that the case appears to be on a better track than anticipated. Citing a Forbes article titled “The crypto uprising the SEC didn’t see coming,” the Coinbase boss tweeted on Monday that: “The Ripple […]
In the latest development on the ongoing Ripple Labs vs. SEC lawsuit, Ripple has filed an opposition to the SEC’s letter requesting a two-month extension on the Court-ordered expert discovery deadline, which would drag the case into 2022. The defendant noted that while it agreed on the deadline for rebuttal expert reports to November 12, […]
One of the top enterprise blockchain and cryptocurrency solutions, Ripple (XRP), recently announced a partnership with Nelnet Renewable Energy through a $44 million joint investment. The official press release noted that Ripple provided a higher share of the investment. The investment would finance solar energy projects across the US as a show of support for […]
