Ripple News Archives - Cryptolifedigital

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...

Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effective Payments

3Mar

By CryptolifedigitalNo Comments

Blockchain

Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effective Payments

According to the recent whitepaper released by Ripple and the US Faster Payments Council, noted an overwhelming 97% of payment industry leaders think that blockchain and cryptocurrency have the potential to accelerate payments in the next three years. Payment Leaders Support Crypto For Fast And Effective Payments An excerpt from the report released by Ripple on the 2nd of March. Saying that almost 300 surveyed payment leaders across 45 countries reached the consensus that implementing blockchain and crypto for payment solutions will result in a payment infrastructure that is faster, more cost-effective, and more transparent than the current capital-moving systems. https://twitter.com/Ripple/status/1631369032359108630 Notably, crypto payments have been a beneficiary of the Ri...

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

27Feb

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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...

Ripple Works More To Enhance XRP Price As It Buys $8.4B Worth Of XRP From Secondary Market

4Feb

By CryptolifedigitalNo Comments

XRP News

Ripple Works More To Enhance XRP Price As It Buys $8.4B Worth Of XRP From Secondary Market

The leading blockchain company, Ripple, has not ceased the activities that can enhance the price of XRP tokens in the general crypto industry. The recent record revealed that the price of Ripple’s XRP has been affected by the ongoing battle between the US commission and Ripple. Ripple Buys From Secondary Market To Aid XRP Price The SEC alleged that Ripple and its execs conducted unregistered securities offerings in the US that helped them raise over $1.2 billion. Both the SEC and Ripple have been in a heated legal battle for more than two years. The ongoing lawsuit has wreaked havoc on the price of XRP, which has plunged 87.9% from an all-time high of $3.4, Coingecko data shows. Read Also: Crypto Trader Ali Predicts Bullish Moment For Shiba Inu Provided Its Hold Unto Its Curren...

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...