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.
Breaking: Ripple XRP Acquires Web3 Financial Institution Fortress Trust
Ripple has acquired Fortress Trust, a subsidiary of Fortress Blockchain Technologies, which offers Web3 financial, regulatory, and technological solutions for blockchain pioneers. The acquisition strengthens Ripple's business and product trajectory, following its $250M purchase of Metaco in 2023. The merger extends Ripple's regulatory credentials, including a Nevada Trust license and 30+ Money Transmitter Licenses across the US and Singapore.
Ripple XRP Expands European Presence with University Blockchain Research Initiative
Ripple has expanded its University Blockchain and Research Initiative in Europe, incorporating Trinity College Dublin, EPITA, IE University, and University of Trento. The initiative aims to nurture blockchain leaders and align with Europe's goal to become a global crypto hub. IE University will organize a virtual asset regulation workshop.
Ripple XRP Joins The Giving Block's Initiative for Maui Wildfire Relief
The Giving Block has added Ripple's XRP to its list of supported cryptocurrencies for Maui residents affected by wildfires. The platform pledges a 1:1 match for the first $500,000 donated to the Maui response fund, including cryptocurrencies, stocks, DAF grants, and cards.
SBI Remit Expands Ripple XRP Based Remittance Services
SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets.
Binance Adds DOGE, XRP, SOL to FDUSD with Zero Maker Fees
Binance introduces five new trading pairs, including DOGE/FDUSD and SOL/FDUSD, and offers zero maker fees on FDUSD pairs until further notice, potentially increasing liquidity and trading volumes, with TRY as part of TOMO/TRY and UNFI/TRY pairs.
Ripple Alert: Over 400M XRP Moved from Bitvavo-Connected Wallet
Whale Alert reported a $214.3 million XRP transaction on September 1, 2023, executed on the Ripple blockchain, causing widespread speculation and prompting Bitvavo, the Netherlands' largest cryptocurrency exchange, to reorganize its wallets.
Bithumb Korea Reports Operational Losses Due to Declining Crypto Trading Volume
Bithumb Korea reported a Q2 operational loss of KRW 3.442 billion in 2023, down from a KRW 38.42 billion profit last year. The decline is attributed to reduced crypto trading volumes and fee income. The exchange is now offering no-fee events to boost activity.
Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST
Gemini is hosting an XRP giveaway, dubbed the 'XRP Faucet,' from Aug 11-18, 2023. Eligible U.S. residents with verified accounts can participate daily.
Ripple CEO Criticizes SEC's Use of Quarterly XRP Report in Lawsuit
The Chief Executive Officer of Ripple, Brad Garlinghouse, expressed his hatred for the United States Securities and Exchange Commission (SEC) on August 2, 2023.
Crypto Trends: Weekly Inflows and Outflows in Altcoins, North American Markets, and Investment Products
Altcoins saw $3M in weekly inflows; North America had $11B outflows. Digital asset products had minor withdrawals of $21M, with Bitcoin trading at $16B.