Ripple’s XRP, once basking in the glow of last week’s gains, has plunged back into the doldrums as massive selloffs and whale movements ignite a storm of uncertainty. At the center of the turbulence lies a colossal 80 million XRP transfer by Ripple itself, sending shockwaves through the community and raising legal eyebrows. The staggering
Ripple CEO Brad Garlinghouse is set to participate in the prestigious World Economic Forum (WEF) in Davos, scheduled from January 15th to 19th, 2024 this week. Notably, this year marks a significant shift in Ripple’s engagement at the WEF, transitioning from peripheral events to a direct involvement in the forum’s central discussions. Garlinghouse will be
In a recent turn of events regarding the Ripple Vs. SEC lawsuit, a cryptocurrency expert known as Zach Rector has revealed a shocking scenario that could lead to the firm paying billions of dollars in fines to the United States Securities and Exchange Commission (SEC). Potential $3 Billion Disgorgement For Ripple The well-known financial expert
Pro-XRP legal expert Fred Rispoli has commented on how things have been too quiet in the long-running legal battle between the Securities and Exchange Commission (SEC) and Ripple. He also offered his thoughts on why that may be so and the possible outcomes in the case as an end draws closer. All Seems Calm As
The US Securities and Exchange Commission (SEC) is in a delicate position following a “compromising” event involving its X (formerly Twitter) account, which has Ripple executives demanding answers. The account posted a false announcement stating that all spot Bitcoin ETF applications had been approved by the regulatory body, escalating concerns and demands for transparency. Ripple
Ripple Labs has made a significant move by buying back $285 million worth of shares from early investors and employees, as per two informed sources who spoke to Reuters. This strategic investment, which is a tender offer, has set the company’s valuation at a staggering $11.3 billion. Crunchbase’s data reveals that since 2015, Ripple has
After months of delays and uncertainty, the US SEC has finally approved Spot Bitcoin ETFs. In response to this development, Ripple Chief Legal Officer (CLO) Stuart Alderoty has shed some light on the regulator’s sudden change of heart. He emphasized that the United States Securities and Exchange Commission’s (SEC) approval decision was influenced by its
Ripple CEO Brad Garlinghouse unleashed a deepfake-fueled volley across the digital landscape this week, aiming his sights at social media platforms and regulators for their sluggish response to a surge in sophisticated XRP-linked scams. The company’s ire stems from a recent deepfake video featuring an unnervingly realistic AI-imposter Garlinghouse promising airdrops and doubling investors’ XRP
Ripple Labs has joined the Digital Euro Conference 2024 (#DEC24) as a gold sponsor, according to an announcement via X (formerly Twitter) by the Digital Euro Association (DEA). The DEA expressed enthusiasm for Ripple’s involvement, stating, “We are happy to have Ripple on board as a gold sponsor for the Digital Euro Conference (#DEC24)! Join
January 11 has been set as the day for the court hearing in the case between Ripple and a class of XRP investors in what has been a long-running legal battle. The outcome of the case is of huge significance as another precedent could be laid for the crypto industry and its stakeholders. Why This
The ongoing legal battle between Ripple Labs Inc. and a group of XRP investors led by Vladi Zakinov is set to reach a pivotal moment on January 11, 2024, as both parties prepare for a significant court hearing. This date, highlighted by the XRP community and closely monitored by the cryptocurrency sector, marks a crucial
In a move to redefine international financial transactions in the IT services sector, Ripple has set its sights on the burgeoning $1.5 trillion industry. In its latest publication, “Accelerating Global Payments for Your IT Services Business,” the company explains how Ripple Payments can revolutionize the way IT service providers handle cross-border payments. Outdated Global Payment
Leading crypto solutions provider, Ripple has provided insights into the potential end date for its XRP unlocks, shedding light on the company’s XRP escrow releases in the coming months. XRP Escrow Release Timeline Global crypto payments provider Ripple has recently released its 2023 XRP Markets Q3 report. According to the report, the XRP tokens that
One of the world’s leading blockchain-based payment companies Ripple Labs has been observed making large XRP transactions amid the crypto asset’s recovery from a decline earlier this week. Ripple Transfers Massive XRP Tokens To Exchanges According to reports from on-chain crypto tracker Whale Alert, the firm recently performed three massive transfers of XRP. The tracker
Global payments network Ripple has secured a major victory by obtaining official regulatory approval to provide crypto services in Ireland from the Central Bank of Ireland. Ripple’s Regulatory Triumph Last week, the Ripple team made a major announcement celebrating the addition of Ripple Markets to the Central Bank of Ireland’s Virtual Asset Service Providers (VASP).
In a significant legal development within the ongoing bankruptcy case of defunct crypto exchange FTX, Ripple, the blockchain payment company, has emerged victorious with a claim on FTX assets. Notably, Ripple Singapore is the party making the claim against Alameda assets in the legal battle. Ripple Singapore Asserts Rights To FTX Assets The filing with the
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