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Tag: Ripple

Ripple Announces That It Now Funding More Than 45 Universities And Over 1000 Researched Projects
12Apr By CryptolifedigitalNo Comments
Ripple News

Ripple Announces That It Now Funding More Than 45 Universities And Over 1000 Researched Projects

Ripple, the blockchain-based payment technology company, has announced that it is now funding more than 45 universities and over 1,000 research projects around the world. This initiative aims to promote the development of blockchain and cryptocurrency-related technologies and provide support for the next generation of industry leaders. Read Also: What To Know About Ripple and XRP https://twitter.com/Ripple/status/1645922176040685571 Ripple Is Now Funding Over 45 Universities Ripple's University Blockchain Research Initiative (UBRI) was launched in 2018 and has since grown to support universities and research projects in more than 30 countries. The initiative aims to provide academic institutions with financial and technical resources, as well as access to Ripple's network and techn...
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What To Know About Ripple and XRP
11Apr By CryptolifedigitalNo Comments
Crypto Guides

What To Know About Ripple and XRP

Ripple is a blockchain-based platform that was designed to facilitate faster, cheaper, and more secure cross-border payments. The platform was created by Ripple Labs Inc. in 2012 and is based on a decentralized ledger technology called the XRP Ledger. XRP is the native digital currency of the Ripple network. It was created as a means of facilitating faster and more cost-effective cross-border payments. Unlike traditional fiat currencies, XRP is a decentralized cryptocurrency that is not controlled by any central authority. It is designed to be used as a bridge currency for facilitating transactions between different currencies. In this article, we will explore the key features and benefits of Ripple and XRP, as well as the challenges and opportunities they present for the wider crypt...
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A Top Lawyer, Jeremy Hogan, Identifies Reasons Why XRP Should Not Be Considered A Security
10Apr By CryptolifedigitalNo Comments
Uncategorized

A Top Lawyer, Jeremy Hogan, Identifies Reasons Why XRP Should Not Be Considered A Security

In recent news, a top US lawyer has identified the number one reason why XRP, the cryptocurrency used by Ripple, should not be considered a security. This insight was shared by Jeremy Hogan, a legal expert in the field of cryptocurrency and blockchain, on his Twitter account. https://twitter.com/attorneyjeremy1/status/1644907190455529473 Per Hogan, the analysis of what qualifies as an investment contract is usually governed by the Howey case and its “progeny.” He added that the famous Howey Test, “an investment in a common enterprise with expectations of profit from the efforts of others,” responded to a lower court’s opinion that a speculative case was necessary. Read Also: Terraport Protocol Allegedly Suffers A Major Breach Resulting In The Theft Of Almost 15 Billion LUNC Tokens...
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Deaton Predicts Another Date For The Termination Of The Battle Between Ripple And SEC.
8Apr By OLAJIDE SAMUELNo Comments
Ripple News

Deaton Predicts Another Date For The Termination Of The Battle Between Ripple And SEC.

According to recent reports, there is a possibility that the Ripple vs. SEC summary judgment could come before May 6, 2023. This information was shared by lawyer and XRP supporter, John Deaton, who analyzed the timeline of Judge Sarah Netburn's recent ruling in the case. Deaton Predicts Termination Date For Battle SEC And Ripple In an interview with Thinking Crypto, attorney Deaton, representing thousands of XRP holders in the lawsuit, speculates that Judge Torres’ ruling might come on or before May 6.  Read Also: Terraport's First-ever LUNC Burn Accounts For 100M Terra classic “[…] There was a case where it [summary judgment] was two weeks between. And then there was a case when it was 30 days between, and then there was a case when it was 60 days, right? So what I’ve been telling...
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How To Use Cryptocurrency For Cross-Border Payments.
3Apr By OLAJIDE SAMUELNo Comments
Crypto Guides

How To Use Cryptocurrency For Cross-Border Payments.

Cryptocurrency has become a popular mode of payment in recent years due to its decentralized and borderless nature. It enables individuals and businesses to make cross-border payments with ease and low transaction fees. In this article, we will discuss how to use cryptocurrency for cross-border payments. Understanding Cryptocurrency Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of central banks. Bitcoin is the most popular cryptocurrency, and it is used for cross-border payments. Cryptocurrencies are based on blockchain technology, which is a decentralized public ledger that records all transactions. Cryptocurrencies are stored in digital wallets, and they can be used to purchase goods and services or exchanged for other...
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Ripple CEO And Counsel Recently Slam SEC, No Hope Of Settlement
31Mar By OLAJIDE SAMUELNo Comments
Ripple News

Ripple CEO And Counsel Recently Slam SEC, No Hope Of Settlement

In a recent development in the ongoing legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), it has been reported that no settlement has been reached between the two parties. Ripple's CEO, Brad Garlinghouse, and General Counsel, Stuart Alderoty, have both taken to Twitter to criticize the SEC's actions in the case. Bill Morgan, Reacted To Recent Ripple CEO Comment Saying No Settlement An XRP community member has reacted to recent comments by Ripple CEO Brad Garlinghouse and General Counsel Stuart Alderoty criticizing the Securities and Exchange Commission. Bill Morgan, a pro-XRP lawyer, noted that the unending criticisms from the Ripple executives against the SEC show that the blockchain company is not planning to settle with the regulator. Morgan made ...
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Ripple Product Manager Contributes To Newly Released Paper By The Digital Euro Association
28Mar By OLAJIDE SAMUELNo Comments
Ripple News

Ripple Product Manager Contributes To Newly Released Paper By The Digital Euro Association

In recent news, a product manager at Ripple who focuses on central bank digital currencies (CBDCs) has contributed to a new paper released by the Digital Euro Association. The association is a non-profit organization that aims to promote the adoption of a digital version of the euro. The blockchain payments company disclosed this in a tweet today. The latest paper from the think tank explores privacy controls for central bank digital currencies (CBDCs), as explained in an accompanying blog post. Read Also: Rexyz Predicts That Terra Classic (LUNC) Could See A 10X Increase If Its Market Cap Reaches Shiba Inu's https://twitter.com/Ripple/status/1640504979558481924 Ripple Product Manager Contributes to a paper titled "Exploring the digital euro The paper, titled "Exploring the digit...
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Analysis Platform Noted That Ripple Could Succeed Despite The SEC’s Battle
25Mar By CryptolifedigitalNo Comments
Ripple News

Analysis Platform Noted That Ripple Could Succeed Despite The SEC’s Battle

Fortune, a leading business and finance publication, recently published an article suggesting that Ripple and its cryptocurrency XRP could still succeed regardless of the outcome of the ongoing legal case with the US Securities and Exchange Commission (SEC). The article cited several factors that could contribute to Ripple's success, including the growing adoption of blockchain technology, the increasing popularity of cryptocurrencies, and Ripple's strong partnerships with major financial institutions. Read Also: The Most-Anticipated Shiba Inu's Shibarium Documentation Goes Live Furthermore, the article highlighted Ripple's recent announcement of a new on-demand liquidity service, which could make it easier for financial institutions to transfer funds globally using XRP. Ripple C...
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Ripple Moves A Staggering 120 Million XRP Amidst Rally
22Mar By CryptolifedigitalNo Comments
XRP News

Ripple Moves A Staggering 120 Million XRP Amidst Rally

A massive XRP transaction occurs in the last 24 hours which claimed a total of 120 million XRP tokens valued at $57.6 million amid a massive price surge that has seen the asset appreciate by over 21%. It is worth noting that such a solo rally happens while the battle between the blockchain and the SEC is ongoing and this has added hope to the XRP investors. According to the  Whale Alert, the Ripple movement occurred on Tuesday at 20:31 (UTC), with the funds sent to an unknown address. An investigation revealed that the recipient address was activated by Ripple, indicating an affiliation with the Silicon Valley firm. Read Also: Stablecoins vs Bitcoin: Are They The same? https://twitter.com/whale_alert/status/1638277152771657752 Detail of the XRP transaction Following the trans...
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Ripple Whales Move Almost 1 Billion XRP Following The SVB Exposure
13Mar By CryptolifedigitalNo Comments
XRP News

Ripple Whales Move Almost 1 Billion XRP Following The SVB Exposure

The recent update revealed that a massive amount of XRP was moved within a short period following the SVB exposure, while FDIC Affirms It Would Cover All Deposits. This massive movement prompted questions from the community, thinking about what could have been the cause of such a staggering transaction. Data suggests that up to 916.3 million XRP was shuffled in eight transactions, with Ripple accounting for 200 million tokens. Ripple Whales Take Massive Move Of XRP, Today Marks SVB Exposure The massive transaction commenced by the Silicon Valley firm, transferring a sum of 200 million XRP ($72.7 million) to an unknown address on Sunday at 18:31 (UTC). The receiving address was activated by Ripple, indicating an affiliation with the firm. Read Also: While Relist XRP Came In Resp...
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