In their Q4 report, Ripple Labs provided an extensive update on the performance of XRP and the company’s significant legal and regulatory strides, alongside insights into the evolving landscape of the crypto market. The document reveals a series of developments affecting Ripple, XRP, and the broader crypto ecosystem. Crypto Market Performance The report highlights a
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Hacken, a leading cybersecurity firm, has uncovered evidence suggesting an inside job in the recent hacking of Ripple co-founder and chairman Chris Larsen’s personal wallets. The sophisticated breach led to the loss of 213 million XRP, amounting to $112.5 million, and has since been under the microscope for its potential implications on Ripple’s internal security
Former Securities and Exchange Commission (SEC) Chair Jay Clayton recently commented on the long-running battle between the SEC and Ripple. Going by his remarks, there is reason to believe that the case isn’t coming to an end anytime soon. SEC Could Appeal Court’s Ruling In an interview with Henri Arslanian, the host of the Future
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial details and information about its institutional sales of XRP. The court’s decision mandates Ripple to present its financial statements for
In a recent interview, Ripple’s Chief Technology Officer (CTO), David Schwartz, discussed the company’s plans to expand beyond its current focus on payments into a wider range of use cases. This pivot comes against the backdrop of the cryptocurrency industry’s evolving landscape and Ripple’s ongoing efforts to innovate within it. Ripple Is Still Committed To
Ripple shareholder and founder of Dizer Capital, Yassin Mobarak, has expressed his discontent over the suppressed growth and development in XRP. The private equity founder declares that XRP holders have been sold a pipe dream and may face losses after holding the cryptocurrency for an extended period. XRP Holders To Face Harsh Reality Recent developments
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t be released without their permission. What Kraken’s Victory Means For Its Customers The court ruled that
Veteran Wall Street analyst Linda Jones has laid out a comprehensive scenario where Ripple could potentially set a new benchmark in IPO valuation history. Speaking with Digital Perspectives, Jones elaborated on her predictions about the company’s future, particularly focusing on its pre-IPO share value. Pre-IPO Shares Have The Potential For A 2000% Rise She began
Some crypto market analysts have weighed in on what must happen before the Securities and Exchange Commission (SEC) can approve a Spot XRP ETF. Calls for this kind of investment fund have become louder since the Commission approved the Spot Bitcoin ETFs. An XRP ETF Isn’t Feasible Until This Happens Sharing his opinion with Cointelegraph,
Ripple, a cryptocurrency payments network, is diving into the crypto custody sector, aiming to effectively take advantage of a multi-trillion dollar market. This move is significant as it could potentially trigger renewed bullish momentum for the XRP price. Ripple Enters Crypto Custody Market In a YouTube interview with Tony Edward, the founder and host of
Former federal prosecutor James Filan recently revealed that Judge Sarah Netburn has granted a motion that Ripple recently filed with the court in its case against the SEC. This could end up being a turning point, considering that the crypto firm had noted in its motion that the “court would benefit” if it were allowed
David “JoelKatz” Schwartz, the Chief Technology Officer (CEO) of the payment firm Ripple Labs, has provided an analysis of the workings of the impending XRPL Automated Market Maker (AMM) feature to help the XRP community better understand the initiative. Ripple CTO Clarifies AMM Functionality The Ripple CTO took to the social media platform X (formerly
Ripple looks to have one less legal battle to worry about following a recent revelation that it had reached a settlement in one of its long-running legal battles. This comes at a time when the crypto firm’s case against the Securities and Exchange Commission (SEC) has intensified once again. Ripple Settles With GCC Exchange In
The Ripple ecosystem has been experiencing significant growth, achieving new milestones in its expansion into different regions and sectors. The cryptocurrency payments network may have scored one of its best achievements yet in 2024, as reports reveal that the United States banks are potentially gearing up to integrate XRP for international payments. Ripple Set To
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of the payment firm Ripple Labs, has weighed in on several community questions regarding the missing genesis block on the XRP Ledger. Ripple CTO On Missing Genesis Block Schwartz took to the social media platform X (formerly Twitter) to address the issues behind the XRP ledger’s missing
In a recent development, Ripple has filed a response to the Securities and Exchange Commission’s (SEC) motion to compel. As part of its argument, the crypto firm laid out two reasons why the court should not grant the Commission’s request. Ripple Says SEC’s Requests Are “Untimely” In the letter addressed to Judge Sarah Netburn, Ripple’s
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