Ripple for Dummies

SEC and Ripple each seek ruling in long-running unregistered securities case

SEC and Ripple each seek ruling in long-running unregistered securities case

QUICK TAKE Ripple and the SEC have each asked for a swift judgment in the regulator’s case against the crypto firm. The SEC has accused Ripple of selling unregistered securities when it issued XRP tokens. Ripple and the Securities and Exchange Commission (SEC) have each asked for a swift judgment in the regulator’s case against …

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Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years

Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years

Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored …

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Ripple Opens First Office in Canada with New Growth Plan

Ripple Opens First Office in Canada with New Growth Plan

Ripple has announced the opening of a new office in Toronto, which will serve as an engineering hub. The new office is Ripple’s first physical establishment in Canada built to support the company’s continued growth in North America and beyond. Ripple, the company behind XRP cryptocurrency, also plans to initially hire 50 engineers in Toronto with …

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Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says

Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says

KEY POINTS Ripple will explore the possibility of an initial public offering once its lawsuit with the U.S. Securities and Exchange Commission has ended, CEO Brad Garlinghouse told CNBC. The SEC alleges Ripple, Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP. Garlinghouse’s comments come amid a cryptocurrency price …

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Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub, which aims to be “a one-stop shop for enterprises to source any tokenized asset.” The product “will allow customers to seamlessly access crypto assets from a variety of global venues, including market makers, exchanges, …

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Ripple Reports Massive Sales Growth in Q3 Riding on Crypto Price Surge

Ripple Reports Massive Sales Growth in Q3 Riding on Crypto Price Surge

Blockchain payments firm Ripple Labs Inc has announced its sales record for the fiscal third quarter in a bid to provide transparency to its broad community around the world voluntarily. According to the firm, the total XRP sales by Ripple, net of purchases, came in at $491.74 million as against $157.92 million it recorded in the …

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US PUBLIC PENSION FUND INVESTS IN BITCOIN FOR THE FIRST TIME

US PUBLIC PENSION FUND INVESTS IN BITCOIN FOR THE FIRST TIME

The Ripple boss claims his company has been unfairly treated, thereby giving Ethereum the edge. Ripple chief executive Brad Garlinghouse has been airing his thoughts over the state of the crypto market and regulations, and a grudge over the financial regulator’s approach to Ethereum appears to have surfaced. Speaking at the DC Fintech Week virtual …

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