Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade. […]
Fox Business Senior Correspondent Charles Gasparino has raised the possibility that the favorable ruling received by Ripple from Judge Analisa Torres against the US Securities and Exchange Commission (SEC) might not withstand higher judicial review. This speculation comes in the wake of a divergent decision in the Coinbase vs. SEC lawsuit, where the SEC secured […]
In an escalation of the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), the regulatory agency has advanced its position by filing a Motion for Remedies and Entry of Final Judgment, which notably includes a request for a $2 billion penalty against Ripple. Fred Rispoli, a pro-XRP lawyer and […]
Several crypto news outlets are reporting today that Ripple has been hit with a new class action lawsuit over its XRP sales. The backdrop is a newly published document which made the round on X (formerly Twitter). Fox Business journalist Eleanor Terrett stated, “I’ve been getting some messages about this class action lawsuit against Ripple […]
Edo Farina is a prominent figure in the XRP community, known for serving as the Head of Social Adoption at XRPHealthcare and is the CEO of Alpha Lions Academy, has put forward a wild theory about the origins of Ripple and XRP. Farina’s extensive research into the origins of Ripple and XRP has unearthed a […]
In a recent interview with “Bloomberg Crypto,” Ripple CEO Brad Garlinghouse shared his perspectives on the potential for an XRP Exchange Traded Fund (ETF), the crypto regulatory environment, and Ripple’s strategy in the evolving digital asset space. With the crypto community still buzzing from the SEC’s recent approval of a spot Bitcoin ETF, speculation has […]
In the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC), speculation regarding a potential settlement has been met with skepticism and outright dismissal by several legal authorities closely monitoring the case. This development follows a recent court ruling mandating Ripple to furnish comprehensive financial records related to its institutional sales […]
Hacken, a leading cybersecurity firm, has uncovered evidence suggesting an inside job in the recent hacking of Ripple co-founder and chairman Chris Larsen’s personal wallets. The sophisticated breach led to the loss of 213 million XRP, amounting to $112.5 million, and has since been under the microscope for its potential implications on Ripple’s internal security […]
Yesterday, in a significant development in the ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC), US District Judge Sarah Netburn granted the SEC’s request for Ripple to disclose more comprehensive financial details and information about its institutional sales of XRP. The court’s decision mandates Ripple to present its financial statements for […]
RippleX, the development wing of Ripple Labs, has recently addressed a critical technical issue identified in the XRP Ledger’s Automated Market Maker (AMM). The problem emerged during extensive integration testing, aimed at ensuring the AMM’s long-term functionality. RippleX’s engineers found a specific scenario where multiple AMM transactions were unable to execute within the same ledger. […]
Veteran Wall Street analyst Linda Jones has laid out a comprehensive scenario where Ripple could potentially set a new benchmark in IPO valuation history. Speaking with Digital Perspectives, Jones elaborated on her predictions about the company’s future, particularly focusing on its pre-IPO share value. Pre-IPO Shares Have The Potential For A 2000% Rise She began […]
Japanese financial giant SBI Holdings has announced plans to issue a Non-Fungible Token (NFTs) on the XRP Ledger (XRPL), specifically designed for the upcoming EXPO 2025 in Osaka, Japan. This initiative represents a major advancement in the adoption of NFTs and blockchain technology in large-scale international events. SBI Holdings, a longstanding partner and investor in […]