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XRP is a native digital asset created in 2012 by Ripple Labs and is designed for global payments. XRP is a faster, less expensive, and greener alternative to Bitcoin
The XRP Ledger (XRPL) is almost ready for the launch of its much anticipated Ethereum Virtual Machine (EVM) compatible sidechain, according to developers working on the project. The project aims to allow Ethereum (ETH) developers, who are used to Solidity, the main programming language for writing smart contracts on Ethereum, to access and build on […]
The chief executive officer (CEO) of Ripple Labs is certain that other cryptos will follow in Bitcoin’s (BTC) footsteps on their way to spot exchange-traded funds (ETFs). In a new interview with CNBC, Ripple CEO Brad Garlinghouse says the possibility of an Ethereum (ETH) ETF and others is a “certainty.” “It’s a certainty. I’m not […]
Blockchain-based payments company Ripple reportedly wants to repurchase $285 million worth of company shares from early investors and employees. Citing two sources familiar with the matter, Reuters reports that Ripple Labs is setting aside $500 million for the buyback. The allocation will cover the costs of taxes and converting restricted stock units (RSU), or those […]
A prominent crypto lawyer who helped Ripple Labs and XRP in the case against the U.S. Securities and Exchange Commission (SEC) is volunteering to represent US retail token holders during an upcoming Congressional hearing. Responding to an announcement made by the Financial Services GOP about the upcoming Capital Markets and Digital Assets, Financial Technology and […]
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) made moves in an effort to declare the digital asset XRP a security. Stuart Alderoty says on the social media platform X that before commencing the lawsuit against Ripple, the regulator approached the company with a settlement that would have changed the trajectory […]
Ripple President Monica Long thinks 2024 will be a “breakout moment” for the crypto space, particularly the decentralized finance (DeFi) sector. Long says crypto is primed to break the “speculative hype cycles” that the industry has been chained to since the origin of Bitcoin (BTC). “We as an industry will break the cycle by paving […]
Blockchain-based payments firm Ripple Labs can now provide certain digital asset services in Ireland. In a new statement, the San Francisco-based firm says the Central Bank of Ireland (CBI) has just granted its local subsidiary, Ripple Markets Ireland Limited, the license to operate as a Virtual Asset Service Provider (VASP). VASPs can carry out transactions […]
Cryptocurrency analyst and trader Ali Martinez is predicting that XRP could see lower prices as it faces rejection from a key resistance level. Martinez tells his 36,200 followers on the social media platform X that XRP has failed to close above the mid-point of an ascending parallel channel on the three-day chart. According to the […]
Crypto billionaire Mike Novogratz is walking back his past skepticism of XRP. In a new interview on Real Vision, the chief executive of crypto investment firm Galaxy Digital says he was initially dubious about XRP because of the amount held by San Francisco payments company Ripple. “I was skeptical that XRP would have lasting power […]
Ripple Labs’ Metaco is integrating with an institutional custody firm backed by financial services giant Standard Chartered. According to a new press release, Metaco, a provider of digital assets infrastructure, is integrating with the London-based crypto custodian firm Zodia Custody as a means of creating a global network for institutions. “The integration enables institutions to […]
