Ripple News Archives - Page 10 of 17

Analysis Platform Noted That Ripple Could Succeed Despite The SEC’s Battle

25Mar

By CryptolifedigitalNo Comments

Ripple News

Analysis Platform Noted That Ripple Could Succeed Despite The SEC’s Battle

Fortune, a leading business and finance publication, recently published an article suggesting that Ripple and its cryptocurrency XRP could still succeed regardless of the outcome of the ongoing legal case with the US Securities and Exchange Commission (SEC). The article cited several factors that could contribute to Ripple's success, including the growing adoption of blockchain technology, the increasing popularity of cryptocurrencies, and Ripple's strong partnerships with major financial institutions. Read Also: The Most-Anticipated Shiba Inu's Shibarium Documentation Goes Live Furthermore, the article highlighted Ripple's recent announcement of a new on-demand liquidity service, which could make it easier for financial institutions to transfer funds globally using XRP. Ripple C...

Ripple Announces New Job roles Amidst Of Ongoing Legal Battle With SEC

17Mar

By CryptolifedigitalNo Comments

Ripple News

Ripple Announces New Job roles Amidst Of Ongoing Legal Battle With SEC

Ripple, the blockchain-based payments platform, has announced the addition of several new job roles, including senior technical program managers, security engineers, and marketing managers. This comes amidst an ongoing legal battle with the United States Securities and Exchange Commission (SEC) over the sale of XRP, the native cryptocurrency of the Ripple network. The company is currently facing a lawsuit from the SEC, which alleges that Ripple conducted an unregistered security offering when it sold XRP. Ripple has denied the allegations and maintains that XRP is not a security but rather a cryptocurrency like Bitcoin and Ethereum. Read Also: Terraport Releases Its Launch Roadmap, Its Public Launch Edges Close https://twitter.com/Ripple/status/1636512420725239809 Ripple Unveils ...

Ripple’ ODL Gains More Ground Across The Globe As Ripple’s Partner, MFS Africa Signs A Partnership With Western Union

4Mar

By CryptolifedigitalNo Comments

Ripple News

Ripple’ ODL Gains More Ground Across The Globe As Ripple’s Partner, MFS Africa Signs A Partnership With Western Union

The recent development shared revealed that Ripple’s ODL is encroaching everywhere as Ripple’s partner, MFS Africa, recently partnered with global American financial services giant Western Union. The update was shared yesterday by a Nigerian-based media platform, Benjamindada, noting that The partnership will allow customers to send money from nearly anywhere globally to mobile wallets in Africa powered by MFS Africa’s payment rails. Read Also: TerraCVita Talks About The Progress Of Terra Classic Crypto Wallet, Sharing The Issues Faced In Its Coding Ripple's Payment Solution Takes More Ground As disclosed in the report, the service is set to debut in Madagascar. However, no precise timeline is given for this. According to Hassan Chatila, Global Head of Account Payout Network...

Gary Gensler’s Failure To Investigate Sequoia Could End His Tenure Deaton Says. What Is Your Opinion?

27Feb

By CryptolifedigitalNo Comments

Ripple News

Gary Gensler’s Failure To Investigate Sequoia Could End His Tenure Deaton Says. What Is Your Opinion?

Attorney Deaton told the Ripple community that the failure of the United States Commission to investigate questionable Chinese investments by Sequoia Capital could be the end of the SEC’s Gary Gensler. Gary Gensler Fails To Investigate Sequoia In his recent tweet, John Deaton noted that Sequoia was also an FTX investor. It came in response to a thread by Brian Costello, a technology executive with a background in international finance. Costello, in his line, calls out Congress for playing a role in allowing China to become a more significant threat to U.S. national security by turning a blind eye to the reluctance of the Gensler-led SEC to investigate firms like Sequoia. Read Also: Bone Shibaswap Unique Wallet Now Surpasses 76,000 https://twitter.com/JohnEDeaton1/status/1629...

XRP Ledger-based NFT Marketplace XRP Café Receives a Nod From Ripple CTO

16Feb

By OLAJIDE SAMUELNo Comments

Ripple News

XRP Ledger-based NFT Marketplace XRP Café Receives a Nod From Ripple CTO

The recent tweet shared revealed that XRP Ledger-based NFT marketplace xrp café receives a node from Ripple CTO, David Schwartz yesterday. The update came following the time when the marketplace unveiled that it had made many of its set milestones in the days prior which include a 1-of-1 NFT minter, XRP minting pages, and IPFS support. Notably, 1-of-1 NFTs are single edition NFTs. Consequently, it is not part of a collection, and no other one of it exists. IPFS is short for Interplanetary File System. It is used to store off-chain NFT data, serving as a pointer to this data and eliminating disputes over NFT ownership. Ripple CTO, David Schwartz, Gives A Nod To XRP Ledger-based NFT Marketplace Aside from the above mentioned, the Non Fungible Token marketplace shared data fro...

Attorney Deaton Says No Settlement Between SEC And Ripple. Would SEC Settle With Ripple?

15Feb

By OLAJIDE SAMUELNo Comments

Ripple News

Attorney Deaton Says No Settlement Between SEC And Ripple. Would SEC Settle With Ripple?

Attorney Deaton of Ripple has stormed the internet as he says the SEC chairman, Gary Gensler, will not settle with Ripple. Recall that Deaton once stated earlier this year, saying that Gensler would not want to settle with Ripple because such a move would require him to publicly agree that XRP transactions, including secondary market sales, are non-securities. Read Also: Terra Classic Community Stakes A Total Of 3.5 Billion LUNC Tokens In A Day, Summing The Total Staked To Almost 1T https://twitter.com/JohnEDeaton1/status/1625627765293678593 In the same vein, he said that Ripple will only consider settling with the United State commission only if the commission is ready to provide clarity for XRP and declare the crypto asset non-security, attorney Deaton added. Would SE...

Deaton Forces The SEC To Believe That XRP Is Software Code And Not A Security

13Feb

By OLAJIDE SAMUELNo Comments

Ripple News

Deaton Forces The SEC To Believe That XRP Is Software Code And Not A Security

Attorney Deaton noted in the recent tweet that the Securities and Exchange Commission was forced to admit that XRP is a “software code” following the amici brief he filed on behalf of the community. The update on accepting the SEC was a big win for the Ripple community. The attorney that represents the over 75,000 XRP holders made this known following a Twitter user-backed self-acclaimed Bitcoin creator Craig Wright calling XRP a scam and security. After Wright described XRP as a scam, Deaton disclosed that he responded with a phrase: “the pot calling the kettle black.” Read Also: Some Community Members Doubt LUNC Hits $1. What Do You Think? Stripped down, XRP is software code. However, Deaton’s statement was not pleasing to Wright and for that reason, he blocked Deaton on Twi...

Bank Of England Mentions Ripple In Its Consultation Paper, Saying It Has Joint Project With Ripple

10Feb

By OLAJIDE SAMUELNo Comments

Ripple News

Bank Of England Mentions Ripple In Its Consultation Paper, Saying It Has Joint Project With Ripple

The recent update revealed that the good dead of the leading blockchain company, Ripple, has started paying as it was recently mentioned in the Bank of England (BoE) consultation paper on the digital pound, U.K.’s digital currency. It is worth noting that Ripple has been extraordinary in helping central banks in different parts of the world, including Bhutan. The Bank of England sought a method to get a digital version of the pound, which would eliminate the use of banknotes and coins in the United Kingdom. However, the BoE said it would decide whether to proceed with the plans highlighted in the consultation paper. Read Also: Rex Harrison Highlights Some Of The Benefits Of The Long-awaited Terraport. Bank Of England Says It Has Joint Project With Ripple In the qu...

Ripple’s Proponent, John Deaton To Join Zakinov V Ripple Case To Fight Claims That Tags XRP As A Security.

7Feb

By OLAJIDE SAMUELNo Comments

Ripple News

Ripple’s Proponent, John Deaton To Join Zakinov V Ripple Case To Fight Claims That Tags XRP As A Security.

John Deaton, the attorney that represents over 75,000 XRP holders as a friend of the court in the US Securities and Exchange Commission case against Ripple, is set to request to join the Zakinov v Ripple case to fight investors’ claims that XRP is a security. Attorney Deaton To Fight Claims Against XRP In Zakinov V Ripple Case According to the tweet shared by Ripple’s defence lawyer, James Filan K, saying; “Attorney Deaton will be filing a Motion to File an Amicus Brief in Zakinov v. Ripple in California. The plaintiffs claim that Ripple sold XRP as an unregistered security.” Read Also: LUNC's Total Gain Hits A Total Of 51% In The Past Eight Weeks, 995% Spikes Above Its Last May Price https://twitter.com/FilanLaw/status/1622719755097440274 Furthermore, the defence attorne...

Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP

2Feb

By CryptolifedigitalNo Comments

Ripple News

Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP

It was a celebration gallon when the Coinbase exchange gained victory over the allegation laid against it for selling unregistered security to the customers and given this, the community of XRP got their hope alive, expecting the exchange to list XRP tokens again. According to reports, United States District Judge Paul Engelmayer dismissed a class action filed by Coinbase customers claiming the exchange sold unregistered securities to them. The customers also claimed that the prominent San Francisco-based exchange failed to register as a broker-dealer. Read Also: London Lions Basketball Team Now Supports Shiba Inu The case, filed against Coinbase and its CEO Brian Armstrong, was dismissed yesterday by Judge Engelmayer. The United States District Judge tossed out the case because...