Ripple News Archives - Page 7 of 16

It is Illegal to Impersonate a Judge; Ripple CTO Warns Top XRP Community Member

26May

By Daniel AbangNo Comments

Ripple News

It is Illegal to Impersonate a Judge; Ripple CTO Warns Top XRP Community Member

The CTO of Ripple warns XRP community members that it is Illegal to impersonate the presiding judge over the CEC’s legal battle with them. A tweet by a Satirical tweeter account that aims at sharing jokes about the sixth-largest cryptocurrency according to Market cap was responded to by Ripple’s CTO David Schwartz, saying that it is a federal crime. The Ordeal came to play yesterday after XRPP tweeted that Judge Analisa Torres is on the verge of issuing a summary conclusion on the SEC vs. Ripple case. Read Also: SEC vs. Ripple Case to End Mid-July Say Hogan’s Attorney A screenshot was shared by the person behind the satiric Twitter account, claiming that Judge Torres started the conversation with XRPP and that she is ready to release the ruling. This was all done in a Parody ac...

SEC vs. Ripple Case to End Mid-July Say Hogan’s Attorney

26May

By Daniel AbangNo Comments

Ripple News

SEC vs. Ripple Case to End Mid-July Say Hogan’s Attorney

A tweet about Ripple Case ending Mid-July by Attorney Jeremy has been received with confidence and mixed excitement by Ripple’s community members. A partner at Hogan and Hogan Attorney Jeremy Organ yesterday gave a prediction about when Judge Lisa Torres will give a Ruling on the court case between SEC and Ripple. In a tweet yesterday made by Hogan, he mentioned that Judge Analisa Torres would likely issue a summary judgment decision come mid-July. The Attorney who has been on the top list of the people following the court case highlighted the pattern that Judge Torres has been following while giving major rulings on the case to give his prediction. Read Also: SEC is Weak To continue battle against Ripple say Bob Ras https://twitter.com/attorneyjeremy1/status/166180968304315...

New Free Structure for XRP Be introduced Through XRP Amendment Ledger

25May

By Daniel AbangNo Comments

Ripple News

New Free Structure for XRP Be introduced Through XRP Amendment Ledger

A new free structure for XRP through the amendment of the XRP ledger which is currently in development. The primary aim of the process is to implement a complete review of the fee structure that is used in the network. That is to modify the current way that fees are being computed by transforming them from “fee units” to XRP drops. In November 2021 the same amendment was proposed, it respectfully addresses some issues but some area was left out. These areas still affect fee units to implement backward compatibility. Read Also: Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effective Payments The recent amendment is directed towards updating the areas that were not affected the last time, which are still using “fee unit” in the netwo...

SEC is Weak To continue battle against Ripple say Bob Ras

25May

By Daniel AbangNo Comments

Ripple News

SEC is Weak To continue battle against Ripple say Bob Ras

The co-founder of Sologenic Bob Ras expresses that the Security and Exchange Commission (SEC) has become weak to continue the lawsuit files against Ripple. He However asserts that the current development in the Crypto industry has sown how weak SEC has become on the notion of cryptocurrency regulation as compared to past attempts. According to him; ‘The “Ripple effect” of the SEC’s aggressive approach to crypto regulation is being felt throughout the industry, the current situation reveals that the SEC has never been in a weaker position on the Crypto topic in the past https://twitter.com/bobrasX/status/1660920134481870849?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1660920134481870849%7Ctwgr%5E06ac5f4adc034584147246d9b0d0b7447686921a%7Ctwcon%5Es1_c10&ref_url=https%3A...

XRP Sets to Enjoy Adoption as Only Regulated Asset: Beyond Broke’s CEO

23May

By Daniel AbangNo Comments

Ripple News

XRP Sets to Enjoy Adoption as Only Regulated Asset: Beyond Broke’s CEO

The digital asset XRP has been set to enjoy adoption as the only regulated asset. The Direction at Digital Ascension Groups and the CEO of Beyond Broke LLC, Jake Claver, believes that XRP will receive institutionalized adoption as the only regulated Asset in the United States when the Law-suite between Ripple and SEC ends. Claver asserts that this development has the potential of elevating XRP to a remarkable position. This insight was shared by Claver while speaking in the latest episode of the Black Swan Capitalist YouTube channel hosted by Versan Aljiarrah. In his word: “I think the law-suite solves different problems. Let’s say it does end before congressional legislation that comes around these assets, XRP will be the only thing that has clarity” Read Also: The SEC Says It Ta...

SEC May Have Bitten more than What it can Chew: Forb Contributor.

22May

By Daniel AbangNo Comments

Ripple News

SEC May Have Bitten more than What it can Chew: Forb Contributor.

The Security Exchange Commission (SEC)may have bitten more than what it can chew, this was revealed in a tweet by a well-respected Forb contributor Sam Lyman, in its law-suite with XRP, a digital company associated with Ripple. According to Lyman, Gary Gensler’s accusation of the industry lacking regulatory compliance rather than clarity is still in motion. But the agency's effort to make digital assets as security and to subject them to security laws are being challenged unexpectedly by big players in the digital world. Lyman said that the paradox between the SEC's past statement and its position is becoming clear to the court. https://twitter.com/SamLyman33/status/1660276259337715713?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1660276259337715713%7Ctwgr%5Eef39370925c...

Five Major Wins For Ripples This Weekend

20May

By Daniel AbangNo Comments

Ripple News

Five Major Wins For Ripples This Weekend

Ripples has ended the week with five major wins ranging from scoring a victory in the ongoing SEC’s lawsuit to the acquisition of Metaco a Swiss-based company focused on digital asset custody and Tokenization. The technology firm witnessed a week of pleasant and favorable development. Hinman Docs Will be Released Recall that SEC and Ripple were in an intense legal battle claiming that XRP is an unregistered security. The ruling judge Analisa Torres rule to reject SEC’s request to seal Hinman’s Documents According to the judge, the document is important for the court’s forthcoming decision on the case. The landmark ruling has given Ripple authorization to make the document accessible to the public. This ruling came after several months of attempts by the SEC to seal the document....

“I Am Incredibly Bullish about Ripple’s Interjectory” says Ripple’s CEO.

19May

By Daniel Abang1 Comment

Ripple News

“I Am Incredibly Bullish about Ripple’s Interjectory” says Ripple’s CEO.

The CEO of Ripples said that he is incredibly bullish about Ripple's Interjectory. The CEO Brad Garlington, believes that the company is in a good position to take on the Bearish atmosphere that surrounds the crypto industry. This was disclosed in a tweet by Garlinghouse, according to him, “Coming out of the coldest crypto winters yet, I am Incredibly Bullish About Ripple’s Trajectory” He went further to communicate the company’s commitment to providing long-term opportunities for crypto utility by partnering with individuals that share the same mindset. Adding that their vision as Ripple will be achieved with these concepts. https://twitter.com/bgarlinghouse/status/1658807935638843393?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1658807935638843393%7Ctwgr%5E8b0b575a963...

Dubai Government Now Sees Ripple As A Leader In Enterprise Blockchain And Crypto Solution

12May

By OLAJIDE SAMUELNo Comments

Ripple News

Dubai Government Now Sees Ripple As A Leader In Enterprise Blockchain And Crypto Solution

In a recent development, the government of Dubai has recognized Ripple as a leader in enterprise blockchain and cryptocurrency solutions. The official media office of the government of Dubai gave a shout-out to Ripple following the company's move to expand into the city with a new office. https://twitter.com/DXBMediaOffice/status/1656550717019004928 Ripple is a San Francisco-based company that specializes in cross-border payments and settlement solutions using blockchain technology. The company has been expanding its presence globally, and its move to establish an office in Dubai signals its commitment to the region. Read Also: Terra Classic (LUNC) Staking Reaches Its All-Time High With 970.3 Billion Tokens Locked Dubai Government Actively Promotes Ripple The government of Dubai...

XRP Community Celebrates As They Receive Major Support Against SEC

25Apr

By CryptolifedigitalNo Comments

Ripple News

XRP Community Celebrates As They Receive Major Support Against SEC

The XRP community is celebrating after receiving major support in its legal battle against the US Securities and Exchange Commission (SEC). The community has been eagerly awaiting a resolution to the ongoing lawsuit, which alleges that XRP is a security and that the company behind it, Ripple Labs, conducted an unregistered securities offering. The latest update came in the form of a tweet from Paul Grewal, the Chief Legal Officer at Coinbase, who shared a document filed by the SEC in which it appears to be backtracking on its previous claims about XRP. The document, which was filed in response to a motion to dismiss the case by Ripple, suggests that the SEC is now admitting that it did not previously have clear guidance on whether XRP is a security. Read Also: TerraCvita To Relaunch ...