Mon, August 3

Ripple Purchased Millions of XRP Under Buyback Program in Q2

The XRP buyback program is intended to be sold to On-Demand Liquidity (ODL) firms. The use of Ripple’s ODL solution has increased significantly in the last quarter. When Ripple released its Q2 2022 financial report, it revealed that it has been purchasing XRP back from the secondary market. The XRP

July 31, 2022 2 mins read

Ripple’s Lawyer Says SEC Is Threatening Crypto Market

Stuart Alderoty stated that SEC is pressurizing the crypto market regularly.   There is an urgent need for responsible crypto legislation in Washington, as per Alderoty. Ripple’s General Counsel, Stuart Alderoty, recently criticized U.S Securities and Exchange Commission (SEC) for its viewpoint on cryptocurrency regulation. According to Alderoty, the SEC is

July 28, 2022 2 mins read

Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response

July 27, 2022 2 mins read

Ripple CEO Discloses the Expenses for Its Lawsuit Against SEC

Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC)  financial expense, they will

July 16, 2022 1 min read

Ripple Predicts the Future of Crypto Adoption in the Next 3 Years

76% of financial firms expected to use cryptocurrencies in the next three years.  As per the financial organizations, crypto is an effective fence against inflation. The leading crypto solutions provider, Ripple has a recent forecast on crypto adoption among financial organizations. According to Ripple, in the next three years, about

July 15, 2022 2 mins read

Will Ripple Collaboration Enhances NFT Platform Functionalities?

CrossTower partnered with Ripple to add XRP Ledger NFTs. Marketplace allows the creators to onboard the NFT projects quickly. The crypto trading platform, CrossTower has recently announced a collaboration with the leading crypto solutions provider, Ripple. With the latest partnership, they aim to add NFT tokens minted on the XRP

July 14, 2022 2 mins read

Ripple Claims First Winning Against SEC

Defense lawyer James Filan won the attorney-client privilege argument.  SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to

July 13, 2022 2 mins read

Is SEC Being Against Public’s right to Access in Ripple Case?

Ripple criticizes the SEC for their unprecedented request. The court ordered SEC to present its case for sealing by June 14. The Security Exchange Commision (SEC) is taken the extreme position that the identities of its experts and any significant commentary of their reports should remain secret request for an

July 11, 2022 2 mins read

XRP Community Excited Following Recent Smart Contract Development

Colombia’s first national land registry on the XRPL blockchain had been announced. A testnet for XRP Ledger’s smart contracts has been launched. Although the market is down and there is a Ripple litigation going on, the XRP community remains upbeat about the XRP price. Valhil Capital CEO Jimmy Vallee and

July 11, 2022 2 mins read

XRP Now Ranks 7th on CoinMarketCap Ranking, Overtakes Cardano

XRP has risen 9.46 percent in the last seven days. After two years of development, the XRPL Labs team presented Hooks Amendment. In CoinMarketCap’s top market-capitalization rankings, XRP has been able to beat Cardano (ADA) and is now standing at 7th position. After entering the month of July with almost

July 9, 2022 1 min read