The debate of whether or not to burn the more than 40 billion XRP held in escrow by Ripple has continued to wax stronger. As it continues to gain widespread popularity, it has drawn the attention of execs at the crypto firm. Most especially, David Schwartz, who serves as the Chief Technology Officer (CTO) of
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The long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple is set to take further shape, with the discovery deadline coming up on February 20. The Commission is expected to be furnished with all the documents needed to get the case done and dusted. Ripple Set To Produce Post-Complaint Contracts As ordered
Talks about a Ripple Initial Public Offering (IPO) have continued to reverberate around the crypto community. This time, crypto expert Zach Rector has highlighted how successful that event could be if Ripple becomes a publicly traded company. Can Ripple’s IPO Become The “Biggest Ever”? In a video posted on his YouTube channel, Rector posed a
In a post on X (formerly Twitter), Stuart Alderoty, the Chief Legal Officer (CLO) at Ripple, has vehemently denounced the US Securities and Exchange Commission (SEC) approach under the leadership of Gary Gensler. Leveraging a discussion initiated by Paul Grewal, Chief Legal Officer at Coinbase, Alderoty didn’t mince words, portraying the SEC’s operations as akin
In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement. Intriguingly, the outcome of the case may be influenced by the potential change in the US presidency, which could lead to a shift
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple Labs, has offered an interesting commentary on the narrative regarding Tron founder Justin Sun working for the company years ago. Justin Sun Is Commended By The CTO Of Ripple In a recent development on the social media platform X (formerly Twitter), Justin Sun talked about
The XRP community is currently filled with discontent as concerns are on the rise over the prolonged underperformance of XRP’s price. Various community members have voiced their disappointment and criticism, urging Ripple, a world-leading crypto solutions provider, to take decisive action in addressing the challenges affecting the price of XRP. XRP Enthusiast Demands Solutions To
Cryptocurrency analyst, and professional game designer, Chad Steingraber has delved into the impacts of an XRP Exchange Traded Fund (ETF) on the value of XRP. Steingraber has provided a detailed analysis of how the approval of an XRP ETF could trigger a significant price increase for the cryptocurrency. XRP ETF To Fuel Price Increase In
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
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
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