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
Month: December 2023
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
In a recent post on X (formerly Twitter), David Schwartz, Ripple’s Chief Technology Officer (CTO), shared his predictions for the blockchain industry in 2024 and beyond. Interoperability As Catalysts For DeFi Growth On The XRPL According to Schwartz, the convergence of artificial intelligence (AI) and blockchain will revolutionize cybersecurity and financial services. AI, according to
In a series of predictions, Ripple’s Senior Vice Presidents (SVPs) Eric van Miltenburg and Aaron Sears foresee a transformative shift in the financial landscape, with traditional finance institutions embracing cryptocurrencies and regulatory alignment taking place. Financial Institutions Embracing Blockchain Eric van Miltenburg, Ripple’s SVP for Strategic Initiatives, foresees a “new era of finance” emerging as
The Securities and Exchange Commission (SEC) is in the spotlight once again in relation to Ripple, and not for the right reasons. This time, Ripple’s Chief Legal Officer (CLO) has made some revelations as it pertains to the Commission and how they tried to box the crypto firm into a corner. The SEC Initially Offered
In a surprising turn of events, Ripple CEO has accused the Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler of being hypocritical in his attempt to regulate cryptocurrencies. Garlinghouse Criticizes SEC Chair Bradley Kent Garlinghouse, Chief Executive Officer of Ripple, the network behind the XRP token, has recently taken to X
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
In a series of regulatory achievements, blockchain company Ripple has marked another significant milestone by announcing the inclusion of its Irish subsidiary, Ripple Markets Ireland Limited, in the Central Bank of Ireland’s list of registered Virtual Asset Service Providers (VASPs). Ireland’s Favorable Stance On Blockchain Innovation According to the company’s announcement on December 20, Ripple’s
In a year marked by regulatory pressure on the crypto industry, Ripple CEO Brad Garlinghouse has renewed his call for industry cohesion to rally behind pro-crypto candidates in the upcoming 2024 US presidential election. Garlinghouse emphasizes the urgent need to counter the anti-crypto and anti-innovation stance the Biden administration took, particularly about blockchain technology. Ripple
Blockchain company Ripple has recently released a comprehensive white paper shedding light on central bank digital currencies (CBDCs). The document offers an analysis of CBDCs’ potential benefits, associated risks, and hurdles to adoption. G20 Nations At The Forefront According to Ripple’s white paper, CBDC projects are gaining momentum worldwide. Currently, 130 countries, representing 98% of
Big-shot crypto player Mike Novogratz of Galaxy Digital just did a U-turn. He used to be skeptical about Ripple and XRP, but guess what? He’s owning up to it now and saying, “I was wrong.” Talk about a plot twist in the crypto world. At first, Novogratz expressed reservations about the future of XRP, pointing
Pro-XRP legal expert John Deaton has once again come to the defense of Ripple in its ongoing legal battle with the Securities and Exchange Commission (SEC). This time around, he has blasted the former SEC Chair Jay Clayton for making misrepresentations in relation to the case. Ripple Vs. SEC: Deaton Comes For Clayton In a
Bitcoin (BTC) tapped $40,000 after the Dec. 8 Wall Street open as United States employment data shrunk market bets on interest rate cuts. BTC/USD 1-hour chart. Source: TradingView Bitcoin holds firm as jobs data unsettles U.S. dollar Data from Cointelegraph Markets Pro and TradingView covered the latest BTC price action as risk assets reacted to
India’s homegrown e-commerce giant Flipkart will use Polygon’s chain development kit (CDK) to launch a Web3 loyalty program. On Dec. 2, Polygon and Flipkart announced a strategic partnership to effectively position the e-commerce platform into Web3 and the metaverse. This included initiatives such as Flipverse for nonfungible tokens (NFTs), eDAO for metaverse and the FireDrops
The UK’s antitrust regulator is considering initiating a merger investigation into Microsoft’s multi-billion dollar collaboration with OpenAI. This announcement resulted in a response from Microsoft, declaring that it only plays a non-voting observer role on the board of the ChatGPT maker. The investigation announcement follows the ChatGPT maker’s disclosure that the U.S. tech giant would
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