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Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would be implemented, given the nation’s openness to blockchain initiatives. Ripple Launches … Read more
Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies, financial data, and internal communications. Public access to this information could give competitors an unfair advantage and damage Ripple’s market position. … Read more
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services to corporations while adhering to domestic and international regulatory compliance. The … Read more
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List (UNL) of trusted validators recommended by … Read more
XRP price fell over 14% year-to-date pressured by Ripple’s ongoing legal battle with the SEC so a bounce is in order, analysis suggests. Go to Source
Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market. Go to Source
The recent price movement of XRP has caught the attention of crypto whales, who have been actively accumulating the digital asset amidst its fluctuations. Over the past week alone, these whales have acquired more than 31 million XRP tokens, signaling a bullish sentiment in the market. Currently trading at $0.544, XRP has outperformed many other … Read more
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to … Read more
Today, XRP, the digital asset closely associated with Ripple Labs, has captured the attention of investors amidst a broader downturn in the cryptocurrency market. The price of XRP experienced a notable decline, reaching $0.56, marking its lowest point in the past two weeks. Data from Santiment feed reveals that XRP holders collectively incurred losses totaling … Read more
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point … Read more
