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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
Ripple chief technology officer David Schwartz says the San Francisco payments company is looking at ways to bring non-fungible tokens (NFTs) to the XRP Ledger. In a new interview on Thinking Crypto, Schwartz notes that he personally has been interested in two particular ideas regarding NFTs and the space they occupy in the digital world. […]
A lawyer and XRP enthusiast is attempting to insert a “motion to Intervene” in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple, arguing that the case caused the crypto asset to lose billions of dollars in value. John Deaton, a managing partner at Deaton Law Firm, which focuses on asbestos litigation, first filed […]
Digital payments giant Ripple appears to be preparing to expand its network, acquiring an unnamed firm with proficiency in developing exchange platforms. This week, XRP researcher Steven Diep uncovered news of the acquisition in a video entitled, Ripple – Improving our Global Payment Infrastructure with Blockchain Technology & Data Science, from June of last year […]
The U.S. Securities and Exchange Commission (SEC) is pushing back against Ripple executives’ attempts to dismiss the charges against them. The legal teams representing Ripple’s chief executive Brad Garlinghouse and executive chairman Chris Larsen recently argued that the SEC’s charges should be dismissed for a variety of reasons, chief among them that XRP is not […]
Ripple is settling the lawsuit it filed against YouTube alleging the video-sharing site tolerated and even profited from fake XRP giveaway scams on its platform. The lawsuit, which was filed last year, claimed that YouTube’s failure to prevent fraudsters from impersonating Ripple and its CEO Brad Garlinghouse to solicit XRP from unknowing victims caused monetary […]
Ripple CEO Brad Garlinghouse says the U.S. Securities and Exchange Commission’s (SEC) allegations that the payments startup participated in an illegal securities offering is misguided. In an Axios on HBO interview, Garlinghouse explains that XRP does not have the hallmark characteristics of a security. “That lawsuit I think is misguided. I think the idea that […]
XRPL Labs’ Hubert Getrouw is explaining how the XRP Ledger is preparing to accommodate non-fungible tokens (NFTs) into its network. Leading NFT marketplaces like Rarible (RARI) or OpenSea currently require the use of an Ethereum wallet, but in an interview with crypto Eri, Getrouw says that when the XRP Ledger starts facilitating NFT transactions, users […]
Ripple has officially responded to the U.S Securities and Exchange Commission’s (SEC) allegations in a 100-page document that mentions the word “denies” 440 times. According to court documents filed in the Southern District of New York, Ripple refutes the SEC’s main allegation that the payments startup participated in an illegal securities offering when they first […]
Kraken CEO and co-founder Jesse Powell fears that the U.S. Securities and Exchange Commission’s (SEC) case against Ripple could put crypto exchanges in jeopardy. This week Powell took to Twitter to voice his concerns over the SEC’s lawsuit against Ripple, in which the regulatory agency alleges that the payment startup knowingly sold unregistered securities in […]
Japanese financial giant SBI Holdings and crypto startup FXcoin Ltd. are announcing a new achievement in their XRP pilot program. In its digital payments experiment, FXcoin is working with the Japanese general trading firm Sumitomo Corporation to settle debts and credits to other Sumitomo Group companies using XRP. The program has previously had success utilizing […]
