The Urban Mine

Empowering Communities with E-Waste

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 Executive Says Company Working With Central Banks To Develop Digital Assets

The vice president of RippleX James Wallis says Ripple is currently working with central banks on developing digital currencies. In a new interview on the Voice of FinTech podcast, Wallis outlines Ripple’s role in the minting of central bank digital currencies (CBDCs), emphasizing that the company is not trying to uproot existing financial structures, but […]

Top Crypto Lawyer Says There’s a Core Problem With XRP As Ripple’s Day in Court Approaches

Crypto lawyer Stephen Palley thinks Ripple faces an overarching problem with XRP in terms of its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC alleges Ripple illegally sold XRP as an unregistered security upon its launch and maintains that the digital asset is a security to this day. The SEC also […]

Ripple and SEC Release Joint Statement on Prospects for Settling XRP Lawsuit

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have released a status report on the odds they will reach a settlement as a pre-trial conference approaches. In a joint letter, the SEC and Ripple say that they appear unlikely to settle the lawsuit anytime soon. The SEC alleges Ripple sold XRP as an […]

Ripple Reveals Push To Expand Institutional XRP Liquidity in Asia, Launches Hiring Spree for RippleX

A new job opening at Ripple is highlighting the payments startup’s efforts to expand XRP liquidity for institutions across the world’s largest continent. In a new job listing, Ripple says it is looking for a manager for institutional markets who will play an instrumental role in the company’s efforts to expand its reach in the […]

Ripple Patents XRP-Powered On-Demand Liquidity Network for Cross-Border Transactions

Ripple has patented a network computing system for its XRP-powered cross-border payment product, On-Demand Liquidity (ODL). The United States Patent and Trademark Office (USPTO) officially granted the patent on January 26th, according to documents filed on the USPTO website. Ripple’s patent explains that ODL helps banks avoid keeping money tied up in the “correspondent banking” […]

LuLu Exchange and Federal Bank Enhance Cross-Border Payments Experience into India with RippleNet

At 3.5 million people, the United Arab Emirates is home to the largest population of Indian migrants globally, making the UAE the top source of remittances for India. Recognizing a need to enhance the cross-border payments experience in one of the biggest remittance corridors in the world, LuLu Exchange, a leading Abu Dhabi-based financial services […]

Analyst Says XRP Poised To Pop and Outperform Bitcoin – Here’s His New Target

A pseudonymous crypto strategist with a large following on Twitter is bullish on XRP. The trader, known in the industry as Credible Crypto, tells his 113,100 followers that the crypto asset is likely to break out against Bitcoin in the short term. “Did I mention I think XRP is gonna pop? Odds XRP increases against […]

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