Ripple News Archives - Page 3 of 10

Ripple’s Chief, Brad, Says Over Half Of The Transaction Volume In its Payment Rails Now Goes Through XRP

19Jan

By CryptolifedigitalNo Comments

XRP News

Ripple’s Chief, Brad, Says Over Half Of The Transaction Volume In its Payment Rails Now Goes Through XRP

Brad Garlinghouse, the Ripple CEO recently promised that over half of the transaction volume possessed by the community through its various payment rails now goes through XRP. Brad Garlinghouse noted in the recent Fireside chat on CNBC’s Tech Transformers at Davos. For Context, Garlinghouse made this claim as he explained that the blockchain-focused payments company continued to grow abroad despite legal troubles at home. He further pointed out that over 95% of the firm’s customers signed in the aftermath of the United State Securities and Exchange Commission lawsuit are outside the United State. Read Also: Neblio To Build A LUNC Staking Functionality Via Mobile Wallet. More Than Transaction Volume Now Goes Through XRP Chief Brad stated; “…now well over 95 per cent of the ...

SentBe, Ripple’s Partner, Launches An International Money Transfer Service In United State.

11Jan

By CryptolifedigitalNo Comments

Ripple News

SentBe, Ripple’s Partner, Launches An International Money Transfer Service In United State.

The recent press release revealed the launching of an International Money Transfer Service in the United States. The launch implies that migrant workers and customers can leverage the service to move money to over 50 countries, including South Korea, China, the U.K., India, and France. According to the press release, the centre will help its users efficiently complete the transaction at a lower rate than existing money transfer services in the United States. Read Also: TerraCVita Launches Discounted Private Sale Of Its DEX Commenting on the development, Alex Seong-Ouk Choi, CEO of SentBe, said in a statement that migrant workers had widely adopted the company’s service across Asia. These migrant workers have recorded tremendous success using the service in Asia due to SentBe’s...

SEC’s Claim Prompts Ripple Community’s Responses Including Ripple Counsel Stuart. Detail

5Jan

By CryptolifedigitalNo Comments

Ripple News

SEC’s Claim Prompts Ripple Community’s Responses Including Ripple Counsel Stuart. Detail

In a recent tweet shared by the Ripple General Counsel, Stuart Alderoty reacted to the SEC's claim filed against Ripple for defying its authority. Stuart said; “Even if true, this only shows that the SEC’s unelected bureaucrats believe they have unchecked power to issue indiscriminate closed-door edicts under pain of punishment to those who don’t blindly obey,” Alderoty further wrote. “We have crossed from regulation by enforcement to hubris most foul.” Read Also: Terra Classic Releases Proposal 11243 To Get LUNC Gas Fees Increased. Is It A Plus? https://twitter.com/s_alderoty/status/1610744821567655950 SEC's Claim Prompts Ripple Counsel's Response The statement by Ripple’s counsel came as a result of the FOX Business’ Charles Gasparino, who claimed that in the course of ...

Brad Garlinghouse Says “He is Cautiously Optimistic That 2023 Is The Year We Will Have Breakthrough. Do You Agree With This?

4Jan

By OLAJIDE SAMUELNo Comments

Ripple News

Brad Garlinghouse Says “He is Cautiously Optimistic That 2023 Is The Year We Will Have Breakthrough. Do You Agree With This?

In a recent tweet shared by Ripple’s chief, Brad Garlinghouse, saying that "Today is the first day of the 118th Congress, saying while prior efforts at regulatory clarity for crypto in the US have stalled, I am cautiously optimistic that 2023 is the year we will (finally!) see a breakthrough.” Brad Garlinghouse Anticipates Breakthrough In 2023 In the same premise, Brad Garlinghouse highlighted that Congress is not starting from scratch, as different groups have submitted bills covering different aspects of the emerging industry. https://twitter.com/bgarlinghouse/status/1610352765129338880 He also agreed that no bill is all perfect, on this view, he warned saying that waiting for perfection could prove costly, as Singapore, the European Union, Brazil, and Japan have already ...

Attorney Deaton Reveals What XRP Community Needs To File A Successful Legal Action Against SEC

29Dec

By CryptolifedigitalNo Comments

Ripple News

Attorney Deaton Reveals What XRP Community Needs To File A Successful Legal Action Against SEC

Attorney John Deaton recently revealed why it would be hard for the file a successful legal action against the United State Security and Exchange Commission and also stated what the XRP community would needs to do Attorney Deaton and the representative of over 75k amicus brief stated that the SEC would not be defeated for calling Ripple’s XRP security because the principle of separation of powers limits the power of the courts on its core functions like enforcement and legal action. Read Also: Shytoshi Kusama, The SHIB Lead Developer, Hints On The Launch Of Shibarium. See What He Said Attorney Deaton Hints On what XRP Community Needs To do It is worth noting that attorney Deaton once filed a petition for a writ of mandamus he filed in January 2021. The attorney explains ...

Ripple’s Partner, DeeMoney, Initiates Partnership With Visa To incorporate Visa Direct With International Payment Platform

27Dec

By CryptolifedigitalNo Comments

Ripple News

Ripple’s Partner, DeeMoney, Initiates Partnership With Visa To incorporate Visa Direct With International Payment Platform

The recent development revealed that Ripple’s partner, DeeMoney, has entered a partnership with Visa to incorporate Visa Direct with its international payments platform. According to the report, the partnership will allow users to carry out near-instant peer-to-peer cross-border payments to over 170 countries in 160 currencies using only the recipient’s Visa card details. Visa said recipients would receive funds within 30 minutes of the transaction, unlike traditional cross-border payment methods that take days to reach the recipients. Read Also: Proposal 1111 To Repeal Reminting Of 50% LUNC Has Been Successfully Passed https://twitter.com/1CrypticPoet/status/1607542655285694464 DeeMoney And Visa Partnership To Function By 2023 As a matter of precision, the service will c...

13Dec

By CryptolifedigitalNo Comments

Ripple News

Employers Can Now Pay Salaries In XRP

In a recent development, NOWPayment revealed that its employers can now use its solution to pay employees’ salaries in XRP. Per the recent blog post, NOWPayment stated that paying salaries in XRP would help to boost companies’ efficiency while reducing transaction costs. NOWPayment Now Offer Payment Of Salaries With XRP Paying employees’ salaries in XRP comes with numerous perks, including eliminating the delay associated with the traditional financial system by offering rocket-fast transactions, NOWPayments said. Other benefits associated with paying salaries in XRP include security, low transaction fees, borderless payment, privacy, and transparency. Read Also: Terra Classic Developers Successsfull Links The IBC To Osmosis The excerpt from the post noted; “[Paying salari...

Attorney Jeremy Hogan Predicts 50.12% In Favor Of Ripple In the Ongoing Lawsuit. How Possible is This?

10Dec

By CryptolifedigitalNo Comments

Ripple News

Attorney Jeremy Hogan Predicts 50.12% In Favor Of Ripple In the Ongoing Lawsuit. How Possible is This?

Jeremy Hogan, a partner at Hogan and Hogan law firm, has given predictions concerning the ongoing lawsuit between the United State Commission and the leading blockchain company, saying that the possibility that Judge Torres will rule in favour of Ripple is 50.12%. Notably, Hogan Jeremy did not only give speculation for the chances of the Ripple company but also go a long way to give the possible analysis that the lawsuit could also favour SEC and the tendency that both parties should end in a draw was also stated by him. Read Also: Jared, A TFL Staff Highlights Some Major Benefits The Terra Classic Stands To Enjoy From Terra Station Independence It is worth noting that the lawsuit between the SEC and Ripple has been for a couple of years, which was a result of the U.S. declaring ...

Ripple Posts A Job Vacancies Despite The Unfavorable Market. What Can You Say On The Confident Of Ripple?

6Dec

By CryptolifedigitalNo Comments

Ripple News

Ripple Posts A Job Vacancies Despite The Unfavorable Market. What Can You Say On The Confident Of Ripple?

The recent development showed that the leading blockchain company, Ripple, posted two job vacancies for its Toronto office. The update came earlier today, saying that the Ripple blockchain company wants to hire a Senior Director of Engineering and a Senior Staff Software Engineer. Read Also: Terra Classic To Lose Terra Station Support As It Prepares To Onboard Onto The Rebel Station Wallet: What Could Be The Result Of This On LUNC? https://twitter.com/Ripple/status/1599948994393903104 Ripple Posts A Job Vacancies Ripple described the vacancy as the job of a lifetime. Per the announcement, the engineers will contribute immensely to the firm’s effort to develop scalable and robust solutions for its growing clients. As stated on the official website where the vacancy was dec...

Whales Move Over 421.1M Worth $168.4 Million Between Unknown Wallets And Bitstamp

26Nov

By CryptolifedigitalNo Comments

XRP News

Whales Move Over 421.1M Worth $168.4 Million Between Unknown Wallets And Bitstamp

In the recent development, seven different transactions were initiated by Whales to move 421.1M XRP tokens valued at $168.4M. The transaction occurred between 3 and 7:45 AM on Saturday (UTC) between an unknown wallet and bitstamp, an ODL’s partner. The rate at which Ripple’s XRP is breaking ground is huge, as yesterday’s report stated, that as the lawsuit between Ripple and SEC is being waited for to bring to a successful close on the 30th of November, the XRP price is reacting to it positively. Read Also: Binance holds SHIB more than any other exchange as a reserve, It Holds Over 87 Trillion SHIB The detail of the transaction are as follow: The first transaction occurred at exactly 3:07 (UTC) and moved 29 million XRP ($11.6M) from a multisig Bitstamp address to another Bitst...