Thursday, May 9Welcome to Cryptolifedigital

XRP News

Attorney Hogan Says The XRP Tokens Is Not A Security Inherently
XRP News

Attorney Hogan Says The XRP Tokens Is Not A Security Inherently

The ongoing case between Ripple and SEC is the biggest one ever as far as the crypto industry is concerned. However, the blockchain firm, Ripple, has not received as much support from crypto-related projects as many expected. The Silicon Valley tech company has pretty much been left to engage with the SEC alone in the lawsuit.  Ripple's Case Maybe Put To A Stop Soon With the new development, Ripple would be getting the support it so badly helps which could aid the company to halt the ongoing lawsuits. Read Also: Users Can Now Convert LUNC And USTC To Bitcoin, BUSD, And Tether Without Paying Any Fees The partner at Hogan and Hogan Law firm, attorney Jeremy Hogan said in an announcement the Chamber of Digital Commerce, the world’s leading blockchain trade organization, has ...
A Whopping 542,967,762 XRP Worth $180.37 Million Is Transferred Between Unknown Wallets And Some Exchnages’ Addresses
XRP News

A Whopping 542,967,762 XRP Worth $180.37 Million Is Transferred Between Unknown Wallets And Some Exchnages’ Addresses

According to the official Twitter handle, a total of 542,967,762 XRP worth $180.37 million have been transferred between unknown wallets and addresses on prominent cryptocurrency exchanges. The above transactions were done following the spike in demand for Ripple’s On-Demand Liquidity (ODL). As tweeted by Whale Alert, a total of 40 million XRP worth $13.41 million were transferred from an unknown wallet to an address on the Bitstamp exchange in the first transaction. Read Also: LUNC Bypass Some Coins Like Bitcoin Cash, Monero, And Few Others To Occupy 26th Position https://twitter.com/whale_alert/status/1567647668842668032 Another transaction claimed a total of 37,067,762 (37.06 million) XRP from Bitstamp to an unknown wallet. At the time of the transaction, the XRP coins...
Following The Ripple Unlocking 1 Billion XRP, Ripple Locked Back A Whopping 900 Million Crypto Asset
XRP News

Following The Ripple Unlocking 1 Billion XRP, Ripple Locked Back A Whopping 900 Million Crypto Asset

A few hours after unlocking a whopping 1 billion, Ripple has locked back a whopping 900 million units of the crypto asset. The update was tweeted by Whale Alert, Roughly 10 hours ago, 200 million XRP worth $64.95 million at the time of the transaction were locked at Ripple escrow wallet. The transaction was made from an unknown wallet, Read Also: Binance CEO Clarifies Who The Guangying Chen Is And Where The True Binance Origin Is https://twitter.com/whale_alert/status/1565413486456348672 On the same premise, another 100 million XRP valued at around $32.94 million were locked in Ripple escrow wallet.  Another 100 million XRP worth $32.94 million was locked by the Silicon Valley tech company. Ripple also locked a whopping 500 million XRP coins in its escrow wallet, ...
XRP Ledger Updates Its Validators From “nay” To “yay” On The XLS20 Amendment In Support Of the Community
Blockchain, XRP News

XRP Ledger Updates Its Validators From “nay” To “yay” On The XLS20 Amendment In Support Of the Community

The XRPL Labs announces to update its validators from nay to yay on the XLS20 amendment. The update was announced on the XRPL Labs official Twitter handle, the XRPL validators will be updated from ‘nay’ to ‘yay’ on the XLS20 amendment as the vote has already gotten 50% “yay”. https://twitter.com/XRPLLabs/status/1561668882317836291 It is worth noting that Ripple’s XRPL Labs are not always involved in the affairs of the community, precisely matter regards to voting on the network but the recent amendment vote happens to have caught Ripple’s XRPL Labs' attention. Read Also: Attorney John Deaton Accuses Gary Gensler For Leveraging On The Lack Of Congressional Action To Pock-nose Into Crypto. The basic reason for the amendment is to aid the network upgrade to introduce NFT cap...
Shinsei Bank, A well-Known Japanese Bank Conducted Two Joint Campaigns In Partnership With SBI VC Trade To Reward Customers With XRP
XRP News

Shinsei Bank, A well-Known Japanese Bank Conducted Two Joint Campaigns In Partnership With SBI VC Trade To Reward Customers With XRP

Despite the series of a mass-action lawsuit of filed by SXC against the Ripple and its token, its popularity and its adoption hasn’t declined. Recently, Shinsei Bank, a well-known Japanese bank has conducted two joint campaigns to reward customers who are qualified with cryptocurrency exchanges coupons requirements. It is good to know that these coupons can be exchanged for Ripple’s XRP and /or BTC at the SBI VC trade. Interestingly, the Shinsei bank has partnered with SBI VC trade to build a joint campaign to present exchange coupons to new and already users. Read Also: BlackRock Launches A Spot Bitcoin Private Trust To provide Clients With Access To Their Choice Of Investment Opportunities  Read Also: The Node 1.35.3 Released By The Cardano's Developers Is Said To Provi...
Attorney John Deaton Reacted To Michael Saylor For Calling XRP A Security.
XRP News

Attorney John Deaton Reacted To Michael Saylor For Calling XRP A Security.

Seems the previous comment of one of the Bitcoin maximalists, Michael Saylor about the XRP and every other crypto is now triggering reactions from the members of the crypto community. Early enough, the IOG CEO reacted to the Michael Saylor comments, calling a Cardano, XRP, and Ethereum security and also said it is only Bitcoin that features the commodity. Following the reaction of the Ethereum Vitalik’s reaction, the attorney John Deaton, the lawyer representing over 68,000 XRP holders in the SEC versus Ripple lawsuit and later got the amici status also reacted to the same comment of Michael Saylor. It all happened when the attorney representing over 68,000 XRP holders invited the Bitcoin maximalist, Michael Saylor for further clarification on his comment on XRP  as “Security”....
XRP Token Ahead Of The Altcoins As The Huge XRP Wallets Start Shifting Their Tokens
XRP News

XRP Token Ahead Of The Altcoins As The Huge XRP Wallets Start Shifting Their Tokens

As stated by the Santiment, a large amount of dormant XRP tokens is being transferred. More also, from the same tweet, the 7th largest cryptocurrency, the Ripple XRP token has reached another milestone, the XRP is at the top of the other altcoin. While the Santiment team is still on the watch over the XRP data, they stated that several primary active wallets resume transacting their XRP tokens. and more also, various huge dormant XRP wallets have also begun to shift their coins. Read Also: 3AC Founders Surface After Five Weeks Of Hiding Revealing The Reasons For The Collapse Of 3AC Read Also: Ethereum Network To Handle 100K Transactions Per Seconds As The Network Will Be 55% Complete After The Merge Says Vitalik Buterin https://twitter.com/santimentfeed/status/155062610312273...
Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders
XRP News

Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders

The issue between SEC and Ripple started in December 2020. It is all because of the initiation of an unregistered securities offering in the united states. Since then Ripple has never conceded to SEC, it has been taking its stand over the comment of the SEC, tagging the Ripple native token, XRP "a security". Despite the recalcitrance mindset of Ripple, US-based exchanges still discontinue their support for the Ripple token. Read Also: SHIB Burn Rate Spikes Over 785% As Over 573 Million SHIB Tokens Were Destroyed. A few hours, the Ripple executives reacted to the comments made on Tuesday by Brad Sherman, D-California, where he said the SEC should still go after the crypto exchanges transacting the Ripple token, XRP. Sherman, who is the Chair of a Congressional subcommittee focu...
Ripple Former CTO, Jed McCaleb Emptied His Wallet Till He Has Less Than 50 XRP Left
XRP News

Ripple Former CTO, Jed McCaleb Emptied His Wallet Till He Has Less Than 50 XRP Left

Recall the Friday statement of the former CTO at Ripple, Jed McCaleb, when he was having a total of 5 million XRP, he said he will keep the remaining amount just in case the digital token rallied in the long run. Read Also: Shiba Inu Lead Developer Highlights The Requirements For Massive Burns And Shiba Inu Token Once Again Becomes The Most Used Smart Contract By 5000 Largest ETH whales.  As covered by Cryptotowncrier, McCaleb said this in a Zoom call. He stressed that “If you think about it, it would be really stupid if I sell it all. I mean, what if it does go to $589 a token? I could be RICH!” “I dunno, maybe it’s this inflation, maybe the cost of gas, you know. But I just have this feeling that holding the rest of this XRP is gonna give me and my family more securi...
CryptoBar P2P In Tokyo Announces support on XRP
XRP News

CryptoBar P2P In Tokyo Announces support on XRP

Recently, XRP has been getting support from various platforms. The project has been on the lookout for the best for XRP and the community as a whole. The blockchain company in charge of this token has been working tirelessly to make all things look cool and fine. Read Also: Bittrex, A Top U.S Crypto Exchange Officially Lists Shiba Inu As recently reported by Cryptolifedigital, Bitrue, one of the cryptos exchanges extends its support of the token. The Bitrue supports the XRP by listing the token with 10 new pairs. Presently, XRP now acts as a base pair for the following cryptocurrencies; MANA, SAND, ALG, BTTC, HBAR, AAVE, CHZ, DENT, APE, and AR as revealed in a tweet by Bitrue. CryptoBar P2P Now Supports XRP The CryptoBar P2P has just announced through their Twitter ...