A prominent Bitcoin maximalist, Chase, recently provided a serious yet contrarian prediction for XRP’s potential price. Running The Bitcoin Express YouTube channel, Chase dismissed notions of XRP reaching $1,000, $589, or even $100 in a video presentation. “Even if XRP had the same market cap as Bitcoin today ($1 trillion),
In a strategic move aimed at bolstering its presence in the evolving digital asset landscape, Ripple has announced its agreement to acquire Standard Custody & Trust Company, a respected platform renowned for its enterprise-grade services in digital assets. Despite its ongoing legal tussle with the U.S. Securities and Exchange Commission
An enterprise-grade regulated platform for digital assets, Standard Custody & Trust Company, was acquired by blockchain payments provider Ripple Labs. As of yet, regulatory clearance is required before Ripple Labs can complete its acquisition of Standard Custody, a PolySign subsidiary. Requesting clearance from the relevant authorities highlights Ripple’s dedication to
After the biggest breach of 2024 thus far—a $112 million attack on Ripple co-founder Chris Larsen’s personal wallet on January 31—cryptocurrency exchange Binance froze $4.2 million worth of XRP. Richard Teng, CEO of Binance, took to social media to announce that the exchange has blocked the exploiter’s address. He also
ZachXBT, an on-chain independent investigator reported that a huge breach at Ripple had resulted in the loss of almost 213 million XRP, which is worth about $112.5 million. Major crypto firm’s security practices came under scrutiny after the event, which was revealed on January 31, 2024, caused widespread worry among
Bold proclamations are commonplace in the cryptocurrency space, with exuberant investors declaring their allegiance to various digital assets. However, when a seasoned millionaire investor who has successfully navigated the volatile peaks and gut-wrenching plunges of this digital landscape vehemently suggests, “Sell Ripple and Buy Retik Finance (RETIK) Now,” undoubtedly piques
In the volatile world of cryptocurrency, opportunities for significant gains often come as quickly as they go. For those who may have missed out on XRP’s historic surge in the past, a new altcoin opportunity has emerged on the horizon. Meet Pandoshi (PAMBO), an altcoin priced at $0.008 in its
The battle between Ripple Labs and the United States Securities and Exchange Commission continues to escalate as the regulator strongly dismissed several of the blockchain company’s assertions this week. In a court filing Tuesday, the SEC maintained that its request for additional Ripple financial documents and XRP sales contracts as
In the ongoing legal saga between Ripple Labs and the U.S. Securities and Exchange Commission, the latest development reveals Ripple’s strong opposition to the SEC’s motion seeking audited financial statements and details on post-complaint contracts. The SEC had requested information regarding the sale or transfer of XRP to “non-employee counterparties”
In the continuing legal struggle between XRP and the SEC, Ripple, the firm behind the token, is pushing back. The newest development is that Ripple has opposed the SEC’s most recent request for post-complaint discovery. The crux of the matter is the SEC’s request that Ripple provide more records and
