Ripple
TechCrunch Founder Questions SEC’s Lawsuit Against Ripple Over XRP Token
- Francisco Memoria
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- 25 Jan 2021
Michael Arrington, the founder of TechCrunch, has questioned the U.S. Securities and Exchange Commission’s (SEC’s) lawsuit against Ripple Labs over the XRP token, arguing the Howey test is outdated. During an interview with Layah Heilpern, first spotted by Daily Hodl, Arrington argued that the Howey test, which asks whether the value of a transaction for […]
Ripple Senior Executives Predict the Future of Cryptoassets
- Michael Lavere
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- 25 Jan 2021
Ripple executives predict adoption and innovation for crypto-assets will accelerate in 2021, with an emphasis placed on DeFi and new regulatory oversight.
Pornhub’s Premium Services Add XRP, BNB, USDC, and DOGE as Payment Options
- Francisco Memoria
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- 21 Jan 2021
One of the largest websites in the world, Pornhub, has added four new cryptoassets as payment options: XRP, Binance coin (BNB), Dogecoin (DOGE) ,and Centre’s USDC stablecoin. The coins can now be used to pay for its premium services. According to TheBlock, Pornhub’s 120 million daily visitors can now use these four cryptoassets to pay […]
Ripple Co-Founder Jed McCaleb Sells 28.6 Million XRP After 25-Day Pause
- Francisco Memoria
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- 19 Jan 2021
Jed McCaleb, a co-founder of Ripple Labs, has sold 28.6 million XRP tokens, worth over $8.78 million at press time, after pausing his sales for 25 days. McCaleb, it’s worth noting, sells the funds he was awarded for co-founding the firm. McCaleb is said to have started working on Ripple back in 2011, and was […]
Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh
- Michael Lavere
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- 17 Jan 2021
Blockchain payments enterprise Ripple has announced a new partnership with Mobile Money to provide a digital remittance corridor between Malaysia and Bangladesh.
Japan’s Top Securities Watchdog Says XRP Is Not a Security
- Francisco Memoria
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- 14 Jan 2021
Japan’s top securities watchdog, the Financial Services Agency (FSA) has reportedly said it does not consider XRP to be a security, arguing the token does not meet the definition of a security under Japanese law. According to TheBlock, Japan’s FSA said in an email, before pointing out it “refrains from making comments about other authorities’ […]
GateHub Joins Uphold in Keeping XRP Listed Until the SEC’s Lawsuit Against Ripple Is Resolved
- Francisco Memoria
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- 13 Jan 2021
United Kingdom-based cryptocurrency gateway service GateHub has revealed it will keep XRP listed until the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs is resolved, following the footsteps of crypto exchange Uphold. According to an announcement GateHub published, the company will wait for a decision on whether XRP is a security before delisting […]
Ripple CTO Gets Into Twitter Debate Over XRP’s Use Case
- Michael Lavere
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- 13 Jan 2021
Ripple’s CTO David Schwartz got into a Twitter debate with Venture Coinist founder Luke Martin over the utility of XRP and whether it was superior to stablecoins.
Ripple CEO Answers Some Frequently Asked Questions About U.S. SEC’s Lawsuit
- Siamak Masnavi
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- 8 Jan 2021
On Thursday (January 7), Ripple CEO Brad Garlinghouse, answered five of the most frequently asked questions about the action filed last month by the U.S. Securities and Exchange Commission (SEC) against Ripple, himself, and Chris Larsen. As every XRP HODLer must know by know, on 22 December 2020, one day before former SEC Chairman Jay […]
XRP Price Jumps Over 50% as Community Signs Petition, Airdropped FLR Token Starts Trading
- Francisco Memoria
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- 7 Jan 2021
The price of XRP has jumped by more than 50% in the last 24 hours as the cryptocurrency’s community has rallied to support the token through a petition, and the Spark (FLR) token airdropped to holders has started trading on exchanges. The price of XRP dropped after the U.S. Securities and Exchange commission’s (SEC) announced, […]
XRP Supporters’ Petition to the White House Hits 36,000 Signatures
- Michael Lavere
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- 7 Jan 2021
A White House petition has generated more than 36,000 signatures asking the federal government to consider XRP as a currency.
Crypto Exchange Uphold to Keep XRP Listed Until SEC’s Lawsuit Against Ripple Is Resolved
- Francisco Memoria
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- 6 Jan 2021
Cryptocurrency exchange Uphold has revealed it will maintain the XRP token listed on its platform until the U.S. Securities and Exchange commission’s (SEC) lawsuit against Ripple Labs is resolved. The lawsuit was filed on December 22, one day before former SEC Chairman Jay Clayton resigned, and names Ripple’s two of its executives, who are also significant […]
Grayscale Removes XRP From Its Digital Large Cap Fund
- Francisco Memoria
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- 5 Jan 2021
The XRP token has been dropped from the Grayscale Digital Large Cap Fund, which is also made up of other top cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, over the recent lawsuit the U.S. Securities and Exchange Commission (SEC) filed against Ripple. As CoinDesk reports, Grayscale has dropped XRP from its Digital Large Cap […]
Ripple Exec Says SEC Laws Are ‘Vague,’ Will Not Shut the Door on Future Projects
- Michael Lavere
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- 4 Jan 2021
Ripple CTO David Schwartz called US laws ‘vague’ in regards to crypto assets and said his company was simply attempting to understand the regulatory parameters rather than conducting illegal business.
Grayscale Did Not Unload 9 Million XRP Amidst Ongoing Ripple Lawsuit
- Michael Lavere
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- 3 Jan 2021
Grayscale Investments LLC has dumped more than 9 million XRP following the bombshell lawsuit brought against parent company Ripple by the SEC.
eToro Suspends XRP Trading for U.S. Users Over SEC’s Lawsuit Against Ripple
- Francisco Memoria
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- 31 Dec 2020
Social trading platform eToro has become the latest firm to suspend XRP trading following the U.S. Securities and Exchange commission’s lawsuit against Ripple Labs over the sale of the cryptocurrency. In an update, eToro’s team cited the lawsuit as the reason for the suspension, but stressed that the move will, for now, only affect its […]
Nomura Analyst Defends XRP as Token’s Price Stalls
- Francisco Memoria
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- 30 Dec 2020
An analyst from the economic research firm Nomura Research Institute, Sadakazu Osaki, has argued that the XRP token is not a security. Key Ripple partner SBI Holdings, a financial giant that has even distributed XRP to shareholders, echoed Osaki’s sentiment. According to a report published by the analyst, first spotted by Bitcoin.com, the XRP token […]
SEC Lawsuit Hurt ‘Countless Innocent XRP Retail Holders’, Ripple Says
- Francisco Memoria
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- 30 Dec 2020
Ripple Labs has released a statement on the U.S. Securities and Exchange Commission’s lawsuit against the firm, alleging it sold $1.3 billion worth of XRP, which is seen as an unregistered security. In the statement, Ripple said that the SEC’s decision to file a lawsuit against the firm is “an attack on the entire crypto […]
XRP Price Plunges After Coinbase, Crypto.com Announce Trading Suspension
- Francisco Memoria
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- 29 Dec 2020
The price of XRP, previously the third-largest cryptocurrency by market capitalization, has plunged over 25% in 24 hours after popular cryptocurrency exchange Coinbase and Crypto.com announced trading suspensions for the cryptocurrency. The suspension announcements came after the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs over the sale of XRP, alleging it’s an unregistered […]
XRP Is Currently Not a Security, but It’s Not That Simple: Cardano Founder
- Francisco Memoria
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- 28 Dec 2020
The creator of Cardano (ADA), Charles Hoskinson, has weighed in on the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs over the sale of the XRP token, which the agency asserts is an unregistered security. Over several ask-me-anything videos, Hoskinson said that regulating cryptoassets isn’t simple as tokens are dynamic and hard to categorize. […]
Multiple Investment Firms Cutting Ties With XRP: Report
- Michael Lavere
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- 24 Dec 2020
Investment firms Galaxy Digital and Jump Trading have cut ties with XRP following the $1.3 billion lawsuit levied against parent company Ripple by the SEC.
Ripple Lawsuit Could See Investors Suffer ‘Multibillion-Dollar Losses’, Says Former SEC Commissioner
- Francisco Memoria
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- 24 Dec 2020
Joseph Grundfest, a former commissioner of the U.S. Securities and Exchange Commission (SEC), reportedly wrote to current commissioner Jay Clayton criticizing the lawsuit and noting it could see investors suffer “multibillion-dollar-losses.” As reported, The SEC sued Ripple this week for alleged violations of investor-protection laws when it sold the third-largest cryptocurrency by market cap, XRP. […]
Bitwise’s Crypto Index Fund Liquidates XRP Position After SEC Sues Ripple
- Francisco Memoria
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- 23 Dec 2020
Bitwise Asset Management’s Bitwise 10 Crypto Index Fund (BITW) has liquidated its position in XRP, one of the largest cryptocurrencies by market cap, after the U.S. Securities and Exchange Commission (SEC) sued Ripple, the largest XRP holder, over the token’s ‘ongoing’ sale from the firm. In a press release, Bitwise revealed its decision to liquidated […]
XRP Price Plunges Over 35% as Exchanges Start Delisting It Over SEC Lawsuit
- Francisco Memoria
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- 23 Dec 2020
The price of the third-largest cryptocurrency by market capitalization, XRP, has plunged over 30% as various cryptocurrency exchanges started delisting the cryptocurrency in reaction to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against ripple. Cryptocurrency exchanges OSL, Beaxy, and CrossTower have already either temporarily stopped trading or delist XRP. Hailey Lennon, […]
Ripple Warns SEC May Sue Company Over XRP Token
- Francisco Memoria
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- 22 Dec 2020
Ripple has warned that the U.S. Securities and Exchange Commission (SEC) is set to file a lawsuit against the company over the alleged sale of unlicensed securities, in this case, the third-largest cryptocurrency by market cap XRP. Fortune reports Ripple CEO Brad Garlinghouse and cofounder Chris Larsen are set to be named as defendants in […]
Flare to Airdrop 45.8 Billion Spark (FLR) Tokens to XRP Holders
- Francisco Memoria
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- 21 Dec 2020
Ripple-backed cryptocurrency startup Flare Networks has revealed it will airdrop over 45.8 billion Spark (FLR) tokens to XRP investors in the first half of next year, after taking a snapshot of the XRP network on December 12. According to a blog post the firm published, since the snapshot of the XRP network was taken, Flare […]
XRP Whale Population Hits All-Time High Ahead of Flare Networks’ Spark Token Airdrop
- Francisco Memoria
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- 11 Dec 2020
The number of XRP whales, entities holding at least 10 million tokens of the third-largest cryptocurrency by market capitalization, has hit a new all-time high shortly before the network snapshot for Flare’s Spark token airdrop. According to on-chain data firm Santiment there are now 339 XRP addresses with over 10 million tokens in them. The […]
81,500 XRP Accounts Ready to Receive Flare’s Spark Token ($FLR) Airdrop
- Francisco Memoria
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- 9 Dec 2020
Over 81,500 XRP accounts, with a total of over 17.5 billion XRP between them, have already been set up to receive the Spark token airdrop from the Flare Network, which will distribute the tokens to XRP holders on a 1:1 ratio. Spark tokens will be used for governance on the Flare network through voting mechanisms, […]
Ripple CEO Is Open to the Idea of Using Additional Cryptocurrencies
- Michael Lavere
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- 7 Dec 2020
Ripple CEO Brad Garlinghouse says the payments company is open to the use of crypto-assets other than XRP in markets where the customer would benefit.
Ripple Co-founder Jed McCaleb Now Unloading His XRP Even Faster
- Michael Lavere
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- 5 Dec 2020
Ripple co-founder Jed McCaleb has increased the amount of XRP he is selling from his massive stockpile. XRP analyst Leonidas Hadjiloizou says that, according to data from the XRP Ledger, McCaleb currently owns around 3.836 billion XRP, and that due to the increasing average daily trading volume of XRP, he is now able to sell […]
Ripple CTO David Schwartz Is an XRP Whale
- Michael Lavere
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- 1 Dec 2020
Ripple CTO David Schwartz claims to own between one million and ten million XRP, giving him a substantial position in the altcoin.
XRP up 170% in a Month Ahead of Flare Token Airdrop: What You Need to Know
- Francisco Memoria
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- 30 Nov 2020
The third-largest cryptocurrency by market capitalization, XRP, has seen its price surge over 174% over the last 30 days ahead of an upcoming token airdrop that will reward XRP holders with Spark tokens on a 1:1 ratio according to their holdings. Data from CryptoCompare shows that the price of XRP went from about $0.2455 per […]
XRP Price Surged 118% Over Last 30 Days Ahead of Flare Token Airdrop
- Francisco Memoria
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- 27 Nov 2020
The price of the third-largest cryptocurrency by market capitalization, XRP, has surged over 118% in the last 30 days ahead of a major token airdrop set to occur on December 12, which will reward XRP token holders with Spark tokens. According to CryptoCompare data, the price of XRP went form about $0.2455 per coin while […]
Institutional Investment in Crypto ‘Skyrocketing’ Says Ripple CEO Brad Garlinghouse
- Michael Lavere
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- 25 Nov 2020
Ripple’s Brad Garlinghouse says institutional investment into cryptocurrency is skyrocketing and pointed to the growing real world uses for bitcoin and XRP.
Crypto Analysts Bullish on XRP as Its Whale Number Hit New All-Time High
- Francisco Memoria
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- 17 Nov 2020
Various cryptocurrency analysts have taken a bullish stance on the fourth-largest cryptocurrency by market capitalization, XRP, as the number of whales invested in the cryptocurrency has hit a new all-time high. Scott Melker, a cryptocurrency trader at Texas West Capital, revealed on social media that he is bullish on the cryptocurrency and could see it […]
South Korean Exchange Foblgate Supporting XRP Flare Spark Airdrop
- Michael Lavere
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- 17 Nov 2020
South Korean exchange Foblgate has announced support for Flare Network’s upcoming fork of XRP which will airdrop spark tokens to holders.
Ripple Initiates $46 Million XRP Buyback in Q3
- Michael Lavere
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- 11 Nov 2020
San Francisco-based tech company Ripple has initiated its first buyback of XRP in Q3 2020, purchasing $46 million from the market.
Ripple CTO David Schwartz Outlines Hurdles for XRP
- Michael Lavere
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- 31 Oct 2020
Ripple’s chief technology officer (CTO), David Schwartz, took to Twitter to outline the obstacles XRP faces in order to gain mainstream adoption. In a series of tweets published on October 28, Schwartz responded to questions posed by the Ripple community over the development of XRP moving forward. Schwartz, who is one of the original architects […]
Ripple Board Member Arrested on Cyberstalking Charges
- Michael Lavere
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- 26 Oct 2020
Ripple board member Ken Kurson is being held in federal custody after being arrested for charges related to cyberstalking.
Japanese Financial Giant SBI to Pay e-Sports Hires in XRP
- Francisco Memoria
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- 17 Oct 2020
SBI e-Sports, a subsidiary of the Japanese financial services giant SBI Holdings, has hired two e-sports players to its professional team, an is set to pay them their entire salaries in XRP, the fourth-largest cryptocurrency by market cap. In two separate announcements, SBI e-Sports revealed that it recruited two top gamers: Subary Sagano, known as […]
Ripple Donates $10 Million to Help the Unbanked and Underbanked
- Siamak Masnavi
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- 17 Oct 2020
Californian FinTech firm Ripple has announced that it has donated $10 million to Mercy Corps to “expand financial inclusion and increase economic empowerment globally.” Ripple’s blog post starts by explaining the motivation behind the company’s desire to expand financial inclusion for the whole world: “The existing financial system is antiquated, broken and poorly designed to […]
Ripple’s ‘Line of Credit’ Lets RippleNet Members Using ODL ‘Send Now, Pay Later’
- Siamak Masnavi
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- 9 Oct 2020
On Thursday (October 8), Ripple announced a new service (currently in beta) named “Line of Credit” that allows financial institutions on RippleNet to use XRP to make fast and low cost cross-border payments for their customers and then pay Ripple back at a later time. In its blog post, Ripple started by explaining the problem […]
FinTech Firm Ripple Partners With Pan-European Payment Institution ‘Lemonway’
- Siamak Masnavi
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- 7 Oct 2020
On Tuesday (October 6), Californian FinTech firm Ripple announced that French firm Lemonway had joined RippleNet to “unlock faster euro-to-euro payments.” Paris-headquartered Lemonway was founded in 2007. It is “a pan-European Payment Institution that offers a solution dedicated to marketplaces, crowdfunding platforms, as well as to large groups requiring payment and fundraising services on behalf […]
Popular Analyst Predicts Shake-up for Top 10 Cryptoassets
- Michael Lavere
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- 6 Oct 2020
Popular crypto analyst Michaël van de Poppe has predicted that bitcoin cash, XRP and litecoin will fall out of the top 10 by market capitalization as the industry matures.
Ripple Leads Initiative to Be Carbon Neutral by 2030 Starting With XRP Ledger
- Michael Lavere
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- 2 Oct 2020
Ripple has announced an initiative to reduce global carbon emissions with a new tool for purchasing renewable energy from markets worldwide.
XRP to Enter Growing eSports Industry via New Sponsorship Deal
- Francisco Memoria
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- 30 Sep 2020
SBI e-sports, a subsidiary of the Japanese financial services giant SBI Holdings, has signed a new sponsorship deal with the company’s venture capital arm SBI VC Trade, which will help XRP enter the growing eSports scene. According to an announcement SBI Holdings published, the partnership will see SBI e-Sports’ teams add the SBI VC Trade […]
Investors Register 1.5 Billion XRP to Ripple-Backed Flare Network
- Michael Lavere
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- 30 Sep 2020
Investors have registered more than 1.5 billion XRP to the RIpple-backed Flare Network in anticipation of the platform’s native token launch.
KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out
- Francisco Memoria
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- 29 Sep 2020
The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]
Holders Set 1.1 Billion XRP to Participate in Upcoming Spark Token Airdrop
- Francisco Memoria
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- 17 Sep 2020
XRP holders have set up nearly 20,000 XRPL accounts to participate in an upcoming massive token airdrop to those who hold XRP. These accounts have a total of 1.1 billion XRP in them. According to XRP blockchain forensics firm xrplorer, a total of 19,997 accounts have set a message key to receive tokens in the […]
Regulations Will Make Demand for XRP ‘Skyrocket’, Says Crypto Analyst
- Michael Lavere
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- 15 Sep 2020
Popular Twitter user and contrarian investor CryptoWhale gave their support for XRP in the event of greater market regulations, saying demand for the altcoin would skyrocket.
Crypto Exchange Uphold to Support Spark Token Airdrop for XRP Holders
- Francisco Memoria
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- 3 Sep 2020
Popular cryptocurrency exchange Uphold has announced it will support the Spark token airdrop for XRP holders “after fervent public commentary.” According to the exchange, those who hold XRP on the exchange on December 12, 2020 – the date of the network’s snapshot for the token distribution – will receive Spark tokens on a 1:! Bases […]
Major Australian Financial Firm Sues Ripple Over Trademark Infringement
- Michael Lavere
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- 27 Aug 2020
An Australian financial services firm is suing Ripple over trademark infringement for the use of its “PayID” service.
XRP’s Daily Active Addresses on the Rise Despite Price Pullback
- Michael Lavere
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- 26 Aug 2020
Active daily addresses for XRP have continued to climb to a seven-day peak despite the altcoin undergoing a price pullback of more than nine percent.
Ripple’s SVP of Product: Almost 20% of RippleNet Transactions Use XRP-Powered ODL
- Francisco Memoria
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- 20 Aug 2020
Ripple’s senior vice president of product and corporate development, Asheesh Birla, has revealed that over 20% of all transactions the firm conducts on its global network of financial institutions use the XRP-powered On-Demand Liquidity (ODL) solution. According to a tweetstorm Birla published, On-Demand Liquidity is increasingly being used for RippleNet transactions. ODL facilitates cross-border payments […]
Ripple Exec: XRP Does Not Compete With Stablecoins or CBDCs
- Michael Lavere
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- 19 Aug 2020
Ripple Senior Director of Global Operations Emi Yoshikawa claims that XRP does not compete with stablecoins and central bank currencies and instead provides synergy through solving liquidity issues.
Coinbase Users Lost Over 940,000 XRP to YouTube Scammers, Says XRPlorer Founder
- Francisco Memoria
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- 18 Aug 2020
The founder of the “community-driven” XRP data aggregator XRPlorer has revealed on social media XRP giveaway scams on YouTube may have cost Coinbase users over 940,000 XRP tokens, worth over $20,000 at press time. According to Thomas Silkjær, Coinbase users have been sending funds to fake cryptocurrency giveaways on YouTube and lost hundreds of thousands […]
Ripple Partner Flare Launching Public Network Using XRP Integration
- Michael Lavere
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- 13 Aug 2020
Ripple partner Flare has announced plans to launch its public network which will utilize XRP integration as well as the native token Spark.
Ripple Transfers 25 Million XRP, Jed McCaleb Cashes Out Another 10 Million
- Michael Lavere
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- 13 Aug 2020
Ripple, the parent company behind XRP, transferred a whopping 25 million XRP while co-founder and former CTO Jed McCaleb cashed out an additional 10 million XRP.
Australian Woman Jailed for Stealing Over 100,000 XRP
- Francisco Memoria
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- 11 Aug 2020
An Australian woman who hacked into the email of a 56-year-old man and access his cryptocurrency wallet to steal over 100,000 XRP tokens, has been sentenced to two years in prison for the theft. According to « Australian news outlet Information Age the woman, 25-year-old Kathryn Nguyen, stole the funds back in January 2018, at […]
XRP’s Rally Continues, Up by 4.5% Today Despite Sales by Ripple and Jed McCaleb
- Siamak Masnavi
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- 4 Aug 2020
According to data by CryptoCompare, XRP’s strong rally in the past two-week period has taken it all the way from $0.1986 (10:00 UTC on July 21) to $0.3262 (03:00 UTC on August 2), which is the highest it has been since February 15. Scott Melker, a crypto trader at Texas West Capital, yesterday, called this […]