Category: XRP
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Ripple Locks 800 Million XRP In Escrow Amid Surge In Whale Activity
The cryptocurrency community was abuzz with speculation on Thursday as Ripple, the 6th largest cryptocurrency by market capitalization, made headlines. Two significant whale transactions and the locking of 800 million XRP in escrow by Ripple captured the attention of crypto enthusiasts worldwide. According to data from the blockchain tracker Whale Alert, a staggering 867.6 million XRP was on the move, sparking intense interest. Of the total XRP transferred, 800 million tokens found their way into escrow at Ripple, a move aimed at securing and stabilizing the token’s supply. Meanwhile, 67.6 million XRP made their way to various cryptocurrency exchanges (CEXs),
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Palau’s Ripple-supported stablecoin pilot achieves positive results
The U.S. dollar-pegged Palau Stablecoin was used by 168 volunteers for $100 of retail purchases in three months.
XRP spike on hoax filing a ‘bad look’ but won’t sway SEC’s ETF approvals
Bloomberg ETF analyst Eric Balchunas doubts the SEC will deny ETFs after XRP’s price spiked on a faked BlackRock XRP trust filing, but it is a “bad look.”
Ripple exec reiterates need for tech-neutral crypto regulations
Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative use cases can help crypto companies navigate through varying regulations.
XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown
FixReducedOffersV1 aims to minimize the prevalence of order books obscured by reduced offers, enhancing the overall functionality of the XRPL.
Ripple faces slim odds of $770M disgorgement – XRP holder Attorney
Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement.
Is it altseason? Altcoin 30-day performance and total market cap flash bullish
3 key data points highlight the 60-day strength shown by altcoins.
Ripple Teams Up with Onafriq To Alter African Remittance
Ripple, a pioneer in blockchain-based payment solutions, has produced a significant partnership with Onafriq, a fintech company, with a vision to establish novel remittance corridors among Africa and key regions such as the Gulf Cooperation Council (GCC), the Unified Kingdom, and Australia. Leveraging Ripple’s innovative payment technology, this joint effort sets out to address normal challenges in cross-border payments, including delays and costly fees, possibly upsetting the remittance landscape in Africa. We’re proud to announce that our partner @Onafriq will utilize Ripple Payments, our crypto-enabled payments technology, to open up three new payments corridors between Africa and the rest of
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XRP, TON win approval in Dubai International Financial Centre free trade zone
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.