Category: XRP

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

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Crypto Markets See Record Capital Outflows As Institutional Investors Weary of Interest Rate Hikes: CoinShares

Institutional investors are remaining bearish on the crypto markets, resulting in digital asset investment products seeing record outflows to start the new year. According to digital asset manager CoinShares, crypto investment products reached a new weekly record outflow of $207,000,000 last week. “Digital asset investment products saw outflows totaling a weekly record of US$207m.  This

Anti-Corruption Watchdog Sues SEC To Comply With Freedom of Information Request, Alleges Conflict of Interest in XRP Lawsuit

A non-profit dedicated to government oversight is taking legal action against the U.S. Securities and Exchange Commission (SEC), alleging conflicts of interest in its handling of the crypto space. Empower Oversight is suing the SEC to compel the regulator to comply with the Freedom of Information Act (FOIA) and reveal communications between its senior officials

Smart Money Whales Have Accumulated Over $2,664,000,000 Worth of One Altcoin: Crypto Insights Firm Santiment

Crypto insights firm Santiment says deep-pocketed crypto investors have been stocking up big on one large-cap altcoin while markets undergo price dips. Santiment tells its 117,000 Twitter followers that whales, or holders with wallets that contain between one million and 10 million XRP, accumulated over 19 million more of the eighth-largest cryptocurrency in the last

Ripple Forms Partnership To Explore New Digital Currency and Additional Use Cases for XRP Ledger

San Francisco-based software company Ripple is partnering with the Republic of Palau to develop a government-backed stablecoin and ease cross-border money transfers. Ripple says that the partnership with the western Pacific country will focus on “developing strategies for cross-border payments and a USD-backed digital currency for Palau” on the XRP Ledger (XRPL). Republic of Palau’s

Ripple CEO Brad Garlinghouse Says Payments Firm Making Good Progress in SEC Lawsuit, Gives Timeline for Resolution: Report

Ripple chief executive Brad Garlinghouse thinks “good progress” has been made in the payment company’s legal battle with the U.S. Securities and Exchange Commission (SEC). In a new interview with CNBC, Garlinghouse also issues a loose prediction on the case’s timeline. “We’re seeing pretty good progress despite a slow-moving judicial process in the federal courts.

Ripple Issues Statement Suggesting New System for Regulating Crypto Industry

Global payments firm Ripple is proposing various measures for regulating the cryptocurrency industry in the US. Ripple says it hopes for a regulatory framework that “encourages the unleashed potential of cryptocurrency and blockchain technologies, while also establishing important consumer and market protections.” The San Francisco-based company says it supports innovation sandboxes which offer a conducive

Ripple Launches New Product That Allows Financial Service Firms To Offer Crypto Trading

Ripple Labs is moving towards a “crypto-first future” with a new product allowing traditional financial institutions to offer cryptocurrency services to their customers. In a new press release, the makers of XRP announced their newest product called the Ripple Liquidity Hub. “[It is] a groundbreaking new way for enterprises to easily and efficiently source digital assets