Ripple
Ripple CEO Expects SEC to Lose Against Ethereum, Mirroring XRP Lawsuit Outcome
Ripple’s chief executive believes the U.S. Securities and Exchange Commission (SEC) will be unsuccessful in classifying ether as a security, similar to how the agency lost its legal battle, for the most part, against XRP. Noting that the SEC has been “losing badly in courts” against crypto firms, the Ripple CEO stated: “At what point […]Ripple’s CEO thinks that an XRP ETF ‘makes sense’
Ripple Acquires US-Based Digital Asset Platform Standard Custody & Trust Company to Strengthen Product Offerings
Payments company Ripple Labs is acquiring US-based digital asset custodian Standard Custody & Trust Company, a move that will expand its services in the crypto industry. In a new announcement, Ripple says the acquisition, which is subject to regulatory approval, will allow the firm “to strengthen its existing product offerings, as well as explore new, […]
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Ripple Aims to Expand Regulatory Reach With Standard Custody 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 […]Ripple Executive Chairman Chris Larsen Says Hacker Accessed His Personal XRP Accounts
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
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
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
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
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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