The world of cryptocurrencies has come across yet another event in Ripple’s long-standing legal brawl with the SEC. This has taken partisans of the crypto firm by storm, as a result, folks are now thrilled for future proceedings. The enthusiasm comes as the defendants file their opposition to the SEC’s motion for partial reconsideration and...Read More
The crypto sphere amidst the current hassles prevailing from the tensity of geopolitical disputes. Has come across relief from one of its ails, which revolves around Ripple. However, a recent ruling from Ripple’s vs SEC lawsuit prevails in the favor of the defendants. Advertisement Successively, Judge Analisa Torres in a recent order has dismissed the...Read More
The leading banking service operator in Morocco – Attijariwafa Bank – has reportedly joined RippleNet. The latter is an international cross-border payment network designed by the American blockchain company Ripple. A local report revealed that Attijariwafa Bank had become a member of the RippleNet ecosystem. By joining the crypto world, the Moroccan financial institution has...Read More
Ripple’s developer arm, RippleX, announced the rollout of the NFT-Devnet platform to explore the native NFT capabilities introduced with XLS-20d. Ripple’s NFT-Devnet for Developers According to the official blog post, prominent cryptographer and RippleX software engineer Nik Bougalis revealed that the developers may begin building applications and tokenization use cases. It also outlined the addition...Read More
It has been quite a year for the blockchain platform Ripple. While its saga with the Securities and Exchange Commission (SEC) is far from over, the CEO Brad Garlinghouse is positive about how 2021 turned out for Ripple. Ripple’s Garlinghouse Reflects on the Past Year Filed on 22 December 2020, the SEC v. Ripple case...Read More
Visa – the leading payment processing company – has completed the acquisition of CurrencyCloud for a whopping 700 million British pounds, worth around $925 million. In a press release from December 20th, the payment processing mogul Visa announced that it had completed the acquisition of CurrencyCloud. The latter is a platform that allows banks and...Read More
The crypto space experienced a small sigh of relief for just a couple of days and yet seems to have fallen into the bearish well again. No sooner than Bitcoin price loosen its grip over the uptrend, the bears quickly jumped into action. And hence, many altcoins including XRP price are flowing through a notable...Read More
The prolonging legal battle between Ripple and the U.S Securities and Exchange Commission. Results in an increase in speculations over the outcome of the judgement. Investors and traders from the XRP community hold growing concerns over their XRP holdings. Advertisement Consecutively, crypto enthusiasts and the founder of Crypto Law U.S mentions the possible outcome from...Read More
San Francisco-based blockchain company Ripple recently announced that it will launch a product that will allow financial services companies to offer their clients access to crypto trading. Ripple Liquidity Hub In an official blog post, the company noted that the new product, dubbed the “Ripple Liquidity Hub,” will grant enterprise clients access to digital assets...Read More
Advertisement Over the last 24 hours, the market has been in the green. Bitcoin, the market leader, increased by 1.12%, while Ethereum increased by 0.44 percent. Meanwhile, Binance Coin (BNB) is one of the best performers, up more than 7%. XRP Price Action On the monthly chart, the XRP token price appears to be preparing...Read More
The legal tussle between Ripple and the U.S SEC has been a tug of war of sorts. With no end meeting, leaving investors and traders are in a dilemma. Because of which the makers and investors have dealt with huge losses. On the contrary, Ripple does hold ace cards in its deck, against the allegations...Read More
The blockchain-based digital payment company – Ripple – joined the Digital Pound Foundation to assist with the creation of a central bank digital currency. Incorporating with The Digital Pound Foundation According to a recent announcement, the enterprise blockchain provider will continue its involvement in CBDC projects by joining the Digital Pound Foundation. Launched on October...Read More
XRP has been moving in a narrow range, for quite some time now. The coin is still far off from its ATH. The light at the end of the tunnel seems distant for many in the space. The coin is trading at $1.11 with gains of 1.11% at the press time. However, the trading volume...Read More
Ripple is ridden under the clutches of its legal feud against the U.S Securities and Exchange Commission. Which has asserted significant harm to the platform and to XRP holders. The recent hearing has given significant inputs on the prevailing case. A popular lawyer has taken it to a public platform, giving out several insights from...Read More
The ongoing SEC’s investigation against ripple has seen some new developments over the last 24 hours. Additional directives issued by the governmental entity could become a major setback for Ripple labs. As they will cause the battle to drag on even longer. The SEC has requested a telephone conference in order to pursue a protective...Read More
Accesswire published a press release today claiming that Ripple had finished its battle with the SEC. Stuart Alderoty– General Counsel for Ripple– promptly responded by calling the story false. Accesswire has since removed the story from their site. What Did The Press Release Say? Though the original link has been taken down, Accesswire’s article was...Read More
Ripple has announced the establishment of a new fund worth $250 million to support the building of non-fungible token projects on its XRP ledger. The company promised to provide artists with the necessary support. Ripple took it to Twitter earlier on September 29th to outlined its newest endeavor, which this time will focus on the...Read More
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios Backs Ripple The former treasurer tweeted her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack...Read More
Ripple may not be the most beloved company in the crypto-verse, but its perseverance and desire to grow despite setbacks is something to be recognized. RippleX, Ripple’s branch focused on boosting the development of technologies around the XRP Ledger, has recently announced its first wave of XRPL grants and it is embracing the NFT mania. ...Read More
The Royal Monetary Authority (RMA) – Bhutan’s central bank – has joined forces with Ripple to launch a digital version of its national currency. The institution anticipates the initiative to boost the country’s financial inclusion by 85% in the next two years. Ripple and Bhutan Shook Hands The enterprise blockchain provider Ripple announced it would...Read More
Cryptocurrency users who purchased the Apple app “Toast Plus” have had their funds vanish, and they’ve filed a class action lawsuit against the iPhone maker. XRP holders went on the offensive, demonstrating once again the community’s level of organisation. Several XRP investors accused tech giant Apple of permitting criminal actors to steal their funds and...Read More
The SEC filed more responses to its letter motion demanding discovery of Ripple’s internal meetings’ audio-visual recordings in the latest move in the ongoing XRP case. The SEC stated in its response letter that now that the plaintiff’s request has been ruled moot, it will not engage and will not rectify “many inaccuracies” in Ripple’s...Read More
The legal case between the United States Securities and Exchange Commission (SEC) and the blockchain company Ripple Labs continues to intensify and this time, the regulator has been granted access to the payment processor’s employee Stack communications. A Win for the SEC As reported by Law360, the SEC earned the discovery win after US Magistrate...Read More
Amidst an ongoing legal tussle with the securities and exchange commission, Ripple defendants have fired back with a motion to expose the XRP holdings of SEC employees, a token they have alleged is an unregistered security. RIpple’s Recent Motion On August 27th, attorney James Filan unveiled Ripple’s new motion demanding the SEC to produce documents...Read More
Ripple announced that one of the leading non-bank remittance service providers in South Korea – Global Money Express Co. LTD (GME Remittance) – had joined its network. As a result, the financial institution can now connect to Siam Commercial Bank (SCB) and initiate payments between South Korea and Thailand. GME Looking to Expand According to...Read More
Just a few days after filing a motion to receive access to “obtain international discovery” of records belonging to Binance, US Magistrate Judge Sarah Netburn has approved Ripple’s request. The documents should shed some light on the company’s XRP sales made on the exchange. Through its legal team, Brad Garlinghouse, the CEO of Ripple, filed...Read More
XRP PRICE Ripples XRP has been one of the top gainers last week. Its announcement of the first ODL service in Japan catapulted its price by 19%. This pump helped XRP to break above the crucial 20 Day MA around $0.6. Although the price hit as high as $0.74 it failed to break above the...Read More
The legal battle between the Securities and Exchange Commission and Ripple has finally reached a conclusion. Since December 2020, Ripple has been battling the lawsuit. Claiming that its XRPs are utility tokens, outside the reach of US regulators. XRP Price, on the other hand, has been a clear outperformer. Jeremy Hogan Suspects “Strange Things” Many...Read More
U.S. Magistrate Judge Sarah Netburn granted permission for Hinman’s deposition to go forward with a delay to allow the SEC and Ripple to reach an agreement on the scope of the deposition. Hinman’s deposition was supposed to take place on July 19th. Tomorrow is William Hinman’s long-awaited deposition the former head of the SEC’s Division...Read More
Bitcoin’s inability to quickly recover from strong support levels suggested a lack of demand in the market. As a result, Altcoins have also suffered a loss of value. The recent market-wide sell-off struck the XRP price hard and does not appear to be positive right now. The first Death cross in five months appears to...Read More
