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Tag: Ripple News

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 To Back Founders Of Realsupermojo As They Work To Make NFTs Accessible For Users
Blockchain

Ripple To Back Founders Of Realsupermojo As They Work To Make NFTs Accessible For Users

Monica Long, the Ripple General Manager is well known for being zealous about the Unveiling of new NFT which includes ticketing experiences, Ripple backs NFT lending start-up Supermojo. As stated in a tweet by the General Manager, Monica Long, She was congratulating Supermojo as Ripple is happy to back Amirsarrhangi, CEO and Founder at reasupermojo (previously Ripple, Google, CEO & Founder of Jibe) and Craig DeWitt, Founder Supermojo realsupermojo as they work to make NFTs reachable and transparent for users. Read Also: Bittrex, A Top U.S Crypto Exchange Officially Lists Shiba Inu https://twitter.com/MonicaLongSF/status/1547723978130673667 Some weeks ago, Monica display the big vision for NFTs at the Ripple Drop. As stated by Monica, the most used case for NFTs is collec...
Ducati Motor Enters Web3 Space In Partnership With NFT PRO™ And Ripple
Blockchain

Ducati Motor Enters Web3 Space In Partnership With NFT PRO™ And Ripple

Just yesterday XRPL got another milestone in partnership. The popularity is rising daily.  For instance, Three weeks ago, Lotus, the iconic British performance car brand set to launch into NFTs.  It is to partner on its first NFT collection with industry expert NFT PRO, and with Ripple as the blockchain partner providing technical support on the ultra-fast, low-cost, and carbon-neutral XRP Ledger (XRPL) blockchain. Read Also: Cardano's Smart Contracts To Hit 3,000 And The IOG Team Posted A Video That Explains The Essence Of EVM Sidechain On Cardano On June 17th, Ripple broadcast its collaboration with FLUF world, a pioneer in 3D-enabled, content-rich NFT collections and experiences. The announcement settled the primary aim of the partnership, which was to bring “...
OnXRP Presents Fiat Onramp Powered By Banxa; onXRP Users Can Now Buy XRP Using Bank Cards And ApplePay.
XRP News

OnXRP Presents Fiat Onramp Powered By Banxa; onXRP Users Can Now Buy XRP Using Bank Cards And ApplePay.

Recently, one of the fastest-growing XRPL-built projects, onXRP tweeted the introduction of the fiat onramp powered by Banxa into its ecosystem. The innovation was appalling as the onXRP users can now buy XRP using their bank cards or ApplePay. https://twitter.com/onXRPdotcom/status/1545081329531904000 Presently, the innovation is accessible to the whole world, except for New York and Hawaii residents. Getting the US to buy XRP with a bank card was the ultimate goal in the developing innovation. Read Also: Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added It was stated in the tweet, that Canada will not have access due to the regulations over the place. https://twitter.com/onXRPdotcom/status/1545081331478138880 At the moment, the developers have...
Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added
Ripple News

Ripple’s Lawsuit Against SEC Is Successful; Both Attorneys Can Be Added

As stated on James K. Filan’s Twitter page, the attempt of Ripple to add two attorneys to its legal team in the ongoing lawsuit against the SEC was denied. The move instigated by Kellogg Hansen, Kylie Kim, and Clayton Masterman, was denied because the duo did not comply with local rules. Read Also: MicroStrategy CEO Tweeted "You know someone who doesn't know Bitcoin" As Bitcoin Starts Picking. https://twitter.com/FilanLaw/status/1544382161758953472 As stated by James K. Filan, the motion was not accepted because the Attorneys’ affidavit was not notarized. https://twitter.com/FilanLaw/status/1544689699150856194 Following the court’s denial of the Ripple attempt, Ripple did not waste time further before filing an amended motion for admission to Pro Hac Vice. Pro hac vice ...
Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources
Ripple News

Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources

According to the copy of a request posted on James K. Filan’s Twitter page, the SEC is seeking leave to file a big motion that will limit or exclude 10 testimony of the Ripple’s expert. According to the court order on April 28th, the Plaintiff Security and Exchange Commission seek to leave to file one big motion of 120 pages long, to conserve the Judicial and SEC resources. As stated in the letter filed by SEC, they want to abridge the testimony of 10 experts previously retained by the defendant, Ripple, Bradley Garlinghouse (the current CEO of Ripple), and the former CEO Chris Larsen. Read Also: Still On The Elon Musk's Promise; Musk's Vegas Loop Company Starts Accepting Dogecoin As Payment For Rides. https://twitter.com/FilanLaw/status/1544799367554637826 Good to know t...
Ripple’s Developers Gets Confidence in XRPL’s capacity To Support The  XLS-20 Standard For NFTs After Conducting Test.
Blockchain

Ripple’s Developers Gets Confidence in XRPL’s capacity To Support The  XLS-20 Standard For NFTs After Conducting Test.

As far back as May, there was a vote in favor of activating the XLS-20 amendment on the XRPL which was done by Ripple's validators. Following the decision of building on the ongoing commitment to XRP Ledger’s good state, Ripple conducted extensive testing to get the XRPL’s capability to support the surplus transaction load brought about by local, on-ledger NFTs at scale. The RippleX also reached the top sustained throughput of 2,199 transactions every second when XRP payments. Read Also: DEA Summer Event To Start Next Week With The Support Of Ripple https://twitter.com/nbougalis/status/1544483208393261060 Test Result More also, the developer's tested NFT throughput by fabricating a million accounts that produced 20 NFTs each. XRP payments and NFT offers alongside NFT minted ...
Ripple Puts UniSwap-AMM Into Consideration In Quest To Bring Better And Faster DeFi potential To XRPL
Blockchain

Ripple Puts UniSwap-AMM Into Consideration In Quest To Bring Better And Faster DeFi potential To XRPL

It is good to note that XLS30d is listed in the XRPLF.ORG GitHub as a proposal that is presently under consideration. Although is not currently an amendment offer being voted on. https://twitter.com/WKahneman/status/1543726964397129729 The whole idea is that the XRPL AMM makes arbitrage faster, with reduced risk, while increasing profits for liquidity providers all while increasing liquidity in the system overall. What Are AMMs It is called automated market markers, they are part of the DeFi ecosystem which allows digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. Raed Also: Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger. ...
Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger.
Blockchain

Columbia Developers In Conjunction With Ripple Introduces The First Land Registry On The XRP Ledger.

Columbia collaborated with a Ripple-based solution for land registry on July 1st, 2022. This was the first of its kind, it is the first National Land Registry on the XRPL for Columbians and was developed by Peersyst Technology in collaboration with Ripple. It was officially announced on the @peersyst Twitter page, that a team of blockchain developers with the support of Ripple, has introduced the first national land registry on the XRPL. Read Also: WellyDogDAO To Come Live In The Next Two Months: Shiba Inu's Welly Team https://twitter.com/Peersyst/status/1542675101711212547 The solution is implemented based on XRPstamp which will allow the registration of digital assets on XRPL and also verify their authenticity with QRCode. Read Also: Ethereum Whales Has Not Ceased Accum...
Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP).
Blockchain

Airwallet Extends To New Zealand And Create A Big Opportunity For Ripple(XRP).

Airwallet, a fintech firm that joined RippleNet as far back as 2017 extended its payment services to new Zealand. Airwallet is a leading financial services platform. It offers services to businesses as a substitute for conventional banks. Read Also: Grayscale's Offer Of Conversion To ETFs Has Been Refuted By SEC And Grayscale Go For Appeal This was lately announced by the head office in Melbourne, Australia. The company as said earlier joined RippleNet in 2017 and since then, it has given a cost-effective and clear alternative to traditional banks. https://twitter.com/airwallex/status/1541914074472402944 Presently, the new Zealand-based businesses have access to Airwallexs’s service offering, including multi-currency wallets in more than eleven currencies, local payout in ov...