Ripple
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Cryptocurrencies
Ripple CLO Raises Pertinent Questions About The $4 Billion Binance Deal
In the wake of Binance’s settlement with the Department of Justice (DOJ), Ripple’s Chief Legal Officer (CLO) Stuart Alderoty has highlighted an important point as it relates to crypto regulation in the country. Crypto Tokens Are Not Securities In a post on his X (formerly Twitter) platform, Alderoty questioned the Securities and Exchange Commission’s (SEC) stance on crypto tokens. He noted that neither did the DOJ mention anything about Binance…
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Cryptocurrencies
Ripple Integration With ISDA Ushers In $1.2 Quadrillion Market, Can XRP Breach $100?
XRP, the native token of Ripple, is poised to take part in a $1.2 quadrillion derivatives market following Ripple’s integration into the ranks of the ISDA ushers. XRP To Enter The $1.2 Quadrillion Derivatives Market Earlier in August 2023, Ripple, a crypto payments solution, announced its membership with the International Swaps and Derivatives Association (ISDA). The strategic move came as a pleasant surprise to XRP community members, as it positioned…
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Cryptocurrencies
Ripple And SEC To Navigate Factual Issues In Upcoming Closed Assembly
Amid the ongoing legal battle between Ripple and the SEC, the US regulator has recently announced an upcoming closed-door meeting with the crypto firm, which is expected to take place at the end of the month. SEC Upcoming Closed Door Meeting With Ripple The United States Securities and Exchange Commission’s (SEC) announcement started off with the time and date of the upcoming closed-door meeting which is expected to take place…
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Cryptocurrencies
Complete Victory For Ripple? SEC Excludes XRP From Checklist Of Crypto Securities
The US SEC, in its lawsuit against Kraken, has deliberately excluded XRP from the list of cryptocurrencies it has classified as securities. The action has sparked speculation in the crypto community about a potential victory for XRP given the regulator’s decision to not categorize XRP as a security in its filing. XRP Omitted From SEC Securities List The United States Securities and Exchange Commission (SEC) has made alarming allegations against…
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Cryptocurrencies
Ripple Vs. SEC Update: Pro-XRP Attorney Finds The Subsequent Significant Dates To Stumble on
A pro-XRP lawyer has disclosed the final dates of the Ripple and SEC case, sharing insights into the upcoming dates and what could transpire during the hearing. Ripple And SEC Case Final Dates Disclosed Pro-XRP lawyer, John E. Deaton has revealed the dates of the final case between Ripple, the technology company behind XRP, and the United States Securities and Exchange Commission (SEC). In a live video posted on his…
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Cryptocurrencies
Ripple CTO On How The XRP Ledger Is Powering Asset Tokenization
Ripple CTO David Schwartz recently sat down to chat about how the XRP Ledger is enabling a revolution in the tokenization of real-world assets. While speaking in a recent interview, Schwartz noted his excitement around the XRP ecosystem graduating from the investors’ obsession with the XRP token to a more generalized interest in the functionalities of the XRP Ledger. According to the CTO, the institutional adoption of the XRP Ledger’s…
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World
Ripple continues to steadily strengthen its position
(ORDO NEWS) — Ripple is still optimistic, despite the news that Coinbase Wallet will stop supporting this asset in the near future. As of December 1, the quotes of the coin are held at $0.4, having added about 2% per day. During the week, XRP has risen in price by almost 7%. In recent weeks, the coin has been trading steadily in the green zone, largely ignoring the overall price…
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News Headlines
1,400,000 XRP stolen with a fake Chrome extension
US, WASHINGTON (ORDO NEWS) — Fake applications and extensions abound on the Net, and it is better to be sure of their legitimacy before entering your private keys. Unfortunately, this is exactly what just happened with a fake “Ledger Live” that allowed scammers to pocket 1.4 million XRPs. Cybersecurity experts at xrplorer forensics said on Twitter they found a fake extension for the Chrome browser, which masquerades as the Ledger…
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News Headlines
Ripple partner rejects XRP solution for $ 36 billion translation market
US, WASHINGTON (ORDO NEWS) — Money Transfer Provider International Money Express Inc. (Intermex), a Ripple partner, said it did not intend to use startup solutions for its key markets such as Mexico. In 2019, $ 36 billion in remittances arrived in Mexico , mainly from the United States. Intermex is one of the largest service providers in this area. Ripple announced a partnership with the company last month. Fintech startups…
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News Headlines
XRP drops below the threshold of 0.16296, down 12%
US, WASHINGTON (ORDO NEWS) — XRP fell below the threshold of $ 0.16296 this Thursday. XRP was trading at 0.16296 at 19:26 (18:26 GMT), down 11.92% on the day. This is the largest drop since March 13. The bearish movement dropped XRP’s market capitalization to $ 7.15998B, or 0.00% of the total cryptocurrency market capitalization. At its all-time high, XRP’s capitalization was $ 20.48129B. XRP has traded in the range…
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News Headlines
Ripple drops below the threshold of 0.1460, down 2%
US, WASHINGTON (ORDO NEWS) — XRP fell below the $ 0.14360 threshold on Wednesday. XRP was trading at 0.1460 at 19:25 (18:25 GMT) on the Investing Index, down 2.37% on the day. This is the largest drop since March 18. The bearish move brought XRP’s market capitalization down to $ 6.17828B, or 0.00% of the total cryptocurrency market capitalization. At its all-time high, XRP’s capitalization was $ 20.48129B. XRP has…