The XRP Ledger experienced a massive spike in on-chain activity over the past day, with the number of daily transactions rocketing 350% to reach approximately 4.11 million. This staggering level smashes the ledger’s previous record high, set in November 2021. Behind the influx lies a controversial new NFT minting project
XRP is now witnessing a surge in market activity due to large-scale whale transactions. 20 million XRP tokens, worth $12.6 million, were sent to Bybit by an unidentified sender. But that wasn’t the end of this whale’s play. Two further substantial transactions took place within a 12-hour timeframe. In the
Former Ripple Director Matt Hamilton has set the cryptocurrency community abuzz with a revelation. He stated that Ripple might wield the ability to burn all XRP stashed in its escrow wallets. This intriguing possibility has introduced a fresh layer of complexity to Ripple’s protracted legal clash with the U.S. Securities
Since its 2017 high, XRP has suffered a succession of losses, despite being a former front-runner in the competition for digital currency dominance. Prominent members of the XRP community have seen a decline in the token’s trading volume after a brief but noticeable spike in its value, even if investors’
A deepfake video impersonating Ripple CEO Brad Garlinghouse has been uploaded on YouTube. The video uses a tried-and-true tactic used by scammers to trick XRP users into sending their tokens for a promised double. The XRP community is furious because Google has decided not to delete the video after several
The Central Bank of Ireland (CBI) has approved Ripple as a virtual asset service provider (VASP), marking another regulatory milestone for the company in Ireland. With its addition to the CBI’s list of registered VASPs, Ripple is now able to provide specific digital asset services in Ireland, the company said
In a notable breakout, XRP’s price surged by 5% yesterday, reaching $0.609 and positioning itself for a potential reclamation of its historically high ranking, which it lost earlier in the year to Binance Coin (BNB). This daily growth has allowed XRP to narrow its losses over the past seven days
In the fast-paced world of cryptocurrencies, the slow-moving nature of Ripple (XRP) has become a source of frustration for many investors. Over the last 7 days, XRP has emerged as the worst performer, trailing behind even Bitcoin in terms of performance among the top 10 global coins.With its price barely
Uphold, a prominent trading platform, has unveiled its latest offering, the “Uphold Vault.” This self-assisted custody solution is set to redefine the user experience by combining the benefits of self-custody with instant trading, all while ensuring bank-grade security. Uphold formally introduced the Uphold Vault on its official X page, emphasizing
Pro-XRP lawyers John Deaton and Bill Morgan have recently demanded that Congress step in and investigate the SEC’s behavior and the Republican members of the House Committee on Financial Services’ unwillingness to issue a subpoena. A federal court scolded the SEC’s attorneys in a case involving a crypto firm on
