Ripple

Ripple Opens New Remittance Corridor Between Malaysia and Bangladesh

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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’

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’

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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 […]

MoneyGram Received $15.1 Million in XRP Incentives From Ripple in Q2 2020

MoneyGram has received $15.1 million from Ripple in the second quarter of this year for providing liquidity to the company’s XRP cross-border settlement network, the On-Demand Liquidity (ODL) platform. According to MoneyGram’s second-quarter results, the Texas-based remittances firm received the funds in what it called “market development fees,” which were offset by transaction expenses of […]

Analysts Say XRP is Pushing Against Significant Resistance After Recent Price Rally

Several crypto analysts are pointing to XRP pushing up against significant resistance after reaching a relative price high.

Popular Crypto Analyst Peter Brandt Says Bitcoin Pointing Towards All-Time High, XRP Could Follow

Veteran crypto analyst Peter Brandt said bitcoin appeared to be setting for a new all-time high before settling at $50,000.

YouTube Denies Liability for Cryptocurrency Scams and Impersonators

YouTube lawyers have countered Ripple and CEO Brad Garlinghouse’s lawsuit by saying the video streaming platform is not liable for cryptocurrency scams and impersonations generated by third parties.