In the action brought forward by the U.S. Securities and Exchange Commission (SEC), Ripple Labs and XRP holders are anxiously awaiting a Summary Judgment. Ripple, however, has released additional XRP into circulation as the day of reckoning draws near. Data shows that in two distinct transactions, Ripple released one billion
ChinaBank, a Philippine banking institution, has partnered with Qatar National Bank (QNB) to enable a direct transfer of funds through the RippleNet payment technology from Qatar to the Philippines. ChinaBank has said that the partnership’s overarching goal is to better serve Filipinos. Especially who have been sent to work abroad
A Summary Judgement from the district court is still pending in the significant battle between the U.S. Securities and Exchange Commission and Ripple Labs. John E. Deaton, an attorney for the XRP community, stated today that he will be participating in a Zoom hearing. The court overseeing the case will not
Ripple (XRP) has reportedly one of the greatest-performing assets in the cryptocurrency industry. The price of Ripple has been steadily rising since the start of 2023. On March 21, the token moved from the $0.3 zone to the $0.4 zone. The token eventually conquered a fresh hurdle to reach $0.5
The rumored spokesmen of Sam Bankman-Fried linked FTX scandal — Shark Tank investor Kevin O’Leary and Crypto YouTuber Ben Armstrong (“BitBoy Crypto”) – have called on an end to their Twitter quarrel. The renowned billionaire tweeted the possibility of appearing on an exclusive podcast with BitBoy Crypto to talk in
Ripple has announced the official launch of Liquidity Hub, a new business service. According to the company’s official statement, it plans on getting onboard the first generation of users after a protracted stress-testing exercise. The first iterations of the liquidity hub will support the digital currencies Bitcoin (BTC), Ethereum (ETH),
In the latest Twitter post by James K. Filan, a defense lawyer who is a former prosecutor has recently shared the response to SEC. It states that Ripple (XRP) defendants have filed their response to the Securities and Exchange Commission’s (SEC) Letter of Supplemental Authority regarding the SEC’s Motion for
Expectations of success in a lawsuit against the U.S. Securities and Exchange Commission (SEC) have boosted the value of Ripple’s native token, XRP. According to WhaleAlert’s data, in the previous 24 hours, whale addresses have contributed over 146 million XRP (about worth $77 million) over several transactions. The largest accumulation
The Central Bank of Montenegro (CBCG) has agreed to work with cryptocurrency and blockchain solutions provider Ripple to create a plan and pilot project to introduce the nation’s first digital currency in the form of a Central Bank Digital Currency (CBDC) or national stablecoin. Montenegrin Prime Minister Dritan Abazovic first
The biennial Digital Monetary Institute Symposium in London is one of the most prominent gatherings of central bank digital currency (CBDC) industry leaders. For the year 2023, Ripple is the first platinum partner. Ripple, a San Francisco-based digital firm that develops infrastructure for global payments, has become the first platinum
