Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition

February 13, 2024 Bitcoin.com

Acquisition

In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking a significant step in the company’s expansion. Ripple Plans to Acquire Standard Custody & Trust […]

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Ripple Executive Chairman Chris Larsen Says Hacker Accessed His Personal XRP Accounts

February 2, 2024 The Daily Hodl

chris larsen

A hacker has cracked Ripple’s co-founder and executive chairman Chris Larsen’s personal wallets, reportedly stealing more than $117 million worth of XRP. Larsen acknowledged the hack on the social media platform X. “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to catch the […]

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Ripple Hiring for Business Development Manager To Drive Firm’s ETF and Institutional DeFi Initiatives

January 29, 2024 The Daily Hodl

Daily Hodl

Blockchain payments firm Ripple is looking for a new hire who will support its bid to drive the adoption of institutional decentralized finance (DeFI). In a new job posting, Ripple says it’s headhunting for a senior manager of business development to help the firm look for financial institutions and institutional investors who are keen on […]

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Non-Zero XRP Wallets Skyrocket to New All-Time High After Doubling in Three Years: Santiment

January 28, 2024 The Daily Hodl

Bitcoin

New data from crypto analytics firm Santiment finds that the number of wallets holding XRP – the digital asset used to operate Ripple Labs’ payments platform – has exploded to new all-time highs. The market intelligence platform says on the social media platform X that the number of wallets holding non-zero XRP is now at […]

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XRP Ledger Now Closer Than Ever To Ethereum Compatibility As Second Audit Nears Completion: Developers

January 24, 2024 The Daily Hodl

Daily Hodl

The XRP Ledger (XRPL) is almost ready for the launch of its much anticipated Ethereum Virtual Machine (EVM) compatible sidechain, according to developers working on the project. The project aims to allow Ethereum (ETH) developers, who are used to Solidity, the main programming language for writing smart contracts on Ethereum, to access and build on […]

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Ripple Moves To Buy Back $285,000,000 Worth of Shares From Early Investors and Employees: Report

January 12, 2024 The Daily Hodl

Ripple Moves To Buy Back 5,000,000 Worth of Shares From Early Investors and Employees: Report

Brad Garlinghouse

Blockchain-based payments company Ripple reportedly wants to repurchase $285 million worth of company shares from early investors and employees. Citing two sources familiar with the matter, Reuters reports that Ripple Labs is setting aside $500 million for the buyback. The allocation will cover the costs of taxes and converting restricted stock units (RSU), or those […]

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Ripple’s Chief Legal Officer Reveals SEC Approached Payments Firm With a Deal Before Filing Lawsuit

December 25, 2023 The Daily Hodl

Daily Hodl

Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) made moves in an effort to declare the digital asset XRP a security. Stuart Alderoty says on the social media platform X that before commencing the lawsuit against Ripple, the regulator approached the company with a settlement that would have changed the trajectory […]

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Ripple President Reveals 2024 Predictions, Says ‘Breakout Moment’ May Be Around the Corner

December 21, 2023 The Daily Hodl

Bitcoin

Ripple President Monica Long thinks 2024 will be a “breakout moment” for the crypto space, particularly the decentralized finance (DeFi) sector. Long says crypto is primed to break the “speculative hype cycles” that the industry has been chained to since the origin of Bitcoin (BTC). “We as an industry will break the cycle by paving […]

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Central Bank of Ireland Adds Ripple to List of Registered Virtual Asset Service Providers

December 21, 2023 The Daily Hodl

crypto

Blockchain-based payments firm Ripple Labs can now provide certain digital asset services in Ireland. In a new statement, the San Francisco-based firm says the Central Bank of Ireland (CBI) has just granted its local subsidiary, Ripple Markets Ireland Limited, the license to operate as a Virtual Asset Service Provider (VASP). VASPs can carry out transactions […]

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Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE

December 18, 2023 Coin Telegraph

Avalanche

Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.

The S&P 500 Index (SPX) rose 2.49% last week, extending its string of weekly gains to seven weeks, the longest such winning streak since 2017. However, Bitcoin (BTC) could not maintain its momentum and succumbed to profit-booking by the bulls. Trading resource Material Indicators said in a X (formerly Twitter) post that “ year-end profit taking and tax loss harvesting” will prevail in the short term.

However, a crash is unlikely because several analysts expect the United States Securities and Exchange Commission to approve one or more spot Bitcoin exchange-traded fund applications in January. If that happens, it could prove to be a game-changer for the sector.

VanEck CEO Jan van Eck said in an interview with CNBC that Bitcoin is likely to hit a new all-time high in the next 12 months. He expects Bitcoin to become an accompaniment to gold.

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