XRP
XRP is the native cryptocurrency for the Ripple distributed ledger payment network. XRP acts as a bridge currency to other currencies. Ripple operates on an open source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether it is fiat or cryptocurrency.
Ripple (XRP) CTO responds to phishing scam concerns following Cory Doctorow's $8000 loss
Ripple's CTO David Schwartz emphasizes his cybersecurity savvy, responding to phishing scam concerns after Cory Doctorow's $8000 loss. Ripple educates on scam identification and prevention, amidst increasing social media-based crypto frauds.
SEC Gains Upper Hand: Ripple Ordered to Disclose XRP Sales Data
A US district judge has ordered Ripple to disclose XRP's financial and institutional sales data, a significant victory for the SEC amid allegations of unregistered sales.
BlackRock Has No Plans for XRP ETF
BlackRock Inc., the world's largest asset manager, halts its plans for a spot XRP ETF due to ongoing regulatory uncertainties and concerns over XRP's legal status in the midst of the Ripple vs. SEC case.
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC's Approach
Ripple CEO Brad Garlinghouse predicts the approval of an Ether ETF by the SEC, critiquing the commission's approach under Gary Gensler as a political liability and detrimental to the U.S. economy's growth.
Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt
Bitfinex successfully prevented a complex exploit attempt targeting $15 billion worth of XRP, highlighting the continuous need for advanced security measures in cryptocurrency exchanges. The exchange's correct system configurations played a pivotal role in averting potential theft, emphasizing the importance of robust cybersecurity practices in the digital currency domain.
Ripple May Dump Over 96 Million XRP Soon
Ripple's strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics.
Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.
Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End
Ripple is expected to win a legal battle with the SEC, potentially settling $20 million or less. This victory is expected due to legal perspectives and the recent Second Circuit Court ruling, impacting digital currency regulation.
Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach
Ripple CEO Brad Garlinghouse criticizes former SEC Chair Jay Clayton for his aggressive regulatory approach, citing hypocrisy based on a 2020 lawsuit against Ripple. The ongoing legal tussle and recent developments highlight the broader regulatory uncertainties in the crypto industry.
Ripple Executives Cleared of SEC Charges in Landmark Decision
In a major development, Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all charges by the U.S. Securities and Exchange Commission (SEC). This is the third legal victory for the executives and Ripple, leaving the crypto industry questioning the SEC's approach.