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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Ripple Proposes Massive XRP Ledger Upgrade To Support DeFi and Smart Contract Capabilities

Ripple is proposing a major XRP ledger upgrade that the company says could unleash decentralized finance (DeFi) and smart contracts across the broader XRP ecosystem without decreasing XRPL’s efficiency. Ripple plans to accomplish this through the use of federated sidechains, according David Schwartz, the company’s chief technology officer. The sidechains would be connected to the

New Ripple Report Says This $15 Trillion Market Could Benefit From Blockchain Technology

A new report issued by payments giant Ripple is investigating how blockchain technology could improve the efficiency of this lucrative sector. In a report entitled, Big Opportunity in Small Business Payments, Ripple discusses the ways in which small and medium-sized enterprises (SMEs) could improve their cross-border payments systems by utilizing blockchain technology. Ripple’s research highlights

Not Just XRP? Legal Expert Says SEC Could Target Two Additional Altcoins

US attorney Jeremy Hogan says he believes the U.S. Securities and Exchange Commission (SEC) may target two additional altcoins after launching its battle with payments giant Ripple over the alleged illegal sale of XRP as an unregistered security. Hogan cautions that stablecoin Tether (USDT) could find itself in the crosshairs of the SEC for misleading

Ripple Lawyers Say SEC Citing Irrelevant Evidence in XRP Lawsuit

Lawyers for Ripple say that recent evidence cited against the San Francisco-based payments company by the U.S Securities and Exchange Commission (SEC) is wholly irrelevant and misleading. The SEC accuses Ripple of unlawfully selling its native XRP token as an unregistered security and alleges that XRP remains one today.   The SEC has cited over

Federal Judge Sides With Ripple, Denies SEC Access to Legal Communications

A federal judge has denied the U.S. Securities and Exchange Commission (SEC) access to Ripple’s communication with lawyers. The SEC wanted the San Francisco-based company to produce any legal advice it received on whether its offers/sales of XRP violated any securities laws.   The SEC argues that Ripple is “artfully” pleading a “good faith defense,”

Ripple Unveils Plans To Achieve Carbon Net-Zero by 2030

Payments giant Ripple says it wants its operations to be carbon neutral within 10 years as the company aims to contribute to the sustainability of the crypto industry. The San Francisco-based firm, which owns a significant portion of the global supply of XRP, says it is teaming up with non-profit organization XRP Ledger Foundation, energy-focused