Tag: Ripple
Ripple will introduce RLUSD today
December 17 is the launch date of Ripple’s eagerly awaited U.S. dollar-pegged stablecoin. Tomorrow, RLUSD will be accessible on international exchanges. U.S. dollar deposits, U.S. government bonds, and cash equivalents…
The NY Department of Financial Services has authorized Ripple’s stablecoin, RLUSD
Ripple’s RLUSD stablecoin has received final approval from the New York State Department of Financial Services. Ripple CTO David Schwartz expressed his optimism that RLUSD would be ready to debut…
As Ripple delays the launch of the RLUSD stablecoin, XRP drops from third place among all cryptocurrencies
On Wednesday, XRP, the native cryptocurrency of Ripple, had a precipitous 6% loss, falling from an intraday high of $2.68 to finish at $2.3574. Due to this decline, Tether’s USDT,…
XRP surpasses Tether’s USDT in market capitalization to become the third-largest cryptocurrency globally
After bitcoin and ether, XRP is now the third-largest cryptocurrency in the world by surpassing Tether’s USDT stablecoin in market capitalization. As of this writing, XRP, which is primarily linked…
As Gensler announces his retirement from the SEC, XRP soars to a three-year high
Amid the prolonged cryptocurrency market boom and the news of U.S. Securities and Exchange Commission Chair Gary Gensler’s resignation, the price of Ripple’s token soared to its highest level since…
Due to a favorable regulatory climate and ETF filings, XRP has increased by more than 20%
In a dramatic move for the cryptocurrency, the price of Ripple’s XRP token has surged by around 25% in the past day to hit its highest level since November 2021….
Ripple files a notice of cross-appeal in the ongoing SEC lawsuit
Ripple Labs filed a cross-appeal in a lawsuit that was initiated more than four years ago by the US Securities and Exchange Commission. Ripple sent the U.S. on Thursday, the…
$125 million fine for Ripple; the entire SEC demand is denied by the judge
A court document states that Ripple has been penalized $125 million in connection with its multi-year legal battle with the U.S. Securities and Exchange Commission. The petition, which was signed…
Brad Garlinghouse, CEO of Ripple, criticizes the SEC for its lack of transparency and hypocrisy
The CEO of Ripple, Brad Garlinghouse, attacked the US Securities and Exchange Commission for its uneven and hypocritical enforcement of its regulations. Brad Garlinghouse, CEO of Ripple, criticizes the SEC…
In its argument, Ripple points to the Terraform settlement and calls for less sanctions than the SEC’s proposed $2 billion
In an attempt to settle the company’s lawsuit with the US Securities and Exchange Commission for a lesser fine, Ripple Labs’ attorneys are attempting to take advantage of recent fines…
XRP ETF to Launch by 2025, According to Ripple CEO, Amid Growing Interest in Cryptocurrency Market
His hope stems from the expanding interest in a variety of cryptocurrency ventures as well as the changes in US regulations. Crypto ETFs, in the opinion of Ripple CEO, are…
In Q1 2024, XRPL on-chain transactions increase by 108%
According to Ripple’s Q1 2024 XRP Markets Report, the number of transactions on the XRP Ledger (XRPL) nearly doubled and the average transaction cost nearly halved between the end of…
‘Block Trading’ Facility for MATIC, SOL, and XRP Options Revealed by Paradigm
Over-the-counter cryptocurrency liquidity network On Monday, Paradigm announced the launch of a block trading facility for options linked to well-known alternative cryptocurrencies (altcoins), such as MATIC, SOL, and XRP, on…
Ripple participates in the DeRec Alliance’s asset recovery program
The association wants to make digital asset implementation and recovery easier. Users may retrieve their personal data even in the event that they misplace their smartphone or another device used…
Ripple Unveils USD-Pegged Stablecoin Aimed at Competing with USDT and USDC
Ripple, a leading blockchain solutions provider, has revealed its intention to launch a stablecoin pegged to the U.S. dollar later this year, signaling a strategic move to penetrate the stablecoin…
RippleX Discovers Glitch in XRP Ledger, Suspends Deposits
RippleX has encountered a technical anomaly affecting certain Automated Market Maker (AMM) pools within the XRP Ledger (XRPL). This disruption has impeded transactions within these pools, prompting RippleX to issue…
Ripple CEO Predicts SEC’s Fate in Ethereum Case Echoes XRP Legal Battle
Ripple’s CEO, Brad Garlinghouse, foresees a parallel outcome between the ongoing speculation of the U.S. Securities and Exchange Commission (SEC) targeting ether and the agency’s prior legal clash with XRP….
Ripple CTO’s Innovative Approach to XRP Management Sparks Community Confidence
In a bid to address concerns surrounding the management of over 40.7 billion XRP in escrow, Ripple’s Chief Technology Officer, David Schwartz, has introduced a groundbreaking method. This revelation comes…
BlackRock CEO Drops Hints on Possible XRP ETF Launch
In a recent turn of events, BlackRock, a prominent asset management firm, has sparked speculation within the cryptocurrency community by subtly suggesting the potential development of an Exchange-Traded Fund (ETF)…
$4.2M worth of XRP that was stolen from Chris Larsen’s accounts frozen by Binance
Binance has frozen about $4.2 million worth of pilfered XRP in an attempt to assist Ripple in getting their money back. In an official post on X, Binance CEO Richard…