Ripple

Ripple Victory: SEC Drops Claims Against Two Executives

Ripple Victory: SEC Drops Claims Against Two Executives

Ripple’s chief legal officer, Stuart Alderoty, has taken a bold stance against the United States Securities and Exchange Commission (SEC) and its chair, Gary Gensler. Alderoty, in a tweet, asserted that the SEC is not only losing legal battles but is also facing criticism from judges. According to Ripple’s general counsel, the latest blow to […]

Nov. 17, 2023
Ripple-SEC Case Expected to Drag On, Say Crypto Lawyers
Blockchain

Ripple-SEC Case Expected to Drag On, Say Crypto Lawyers

Crypto lawyers predict the Ripple vs. SEC legal fight will escalate, not end, per analysis. Lawyer Bill Morgan, known for his insightful pe­rspective on the case­, took to Twitter to review the­ remedies phase roadmap outlined in recent court filings. His analysis fore­sees a fierce­ battle looming ahead betwe­en the involved partie­s. It will heat […]

Oct. 26, 2023
Bitcoin and XRP Experience a Surge in a Series of Half-Billion-Dollar Whale Transactions
Bitcoin

Bitcoin and XRP Experience a Surge in a Series of Half-Billion-Dollar Whale Transactions

The crypto sphere witnessed an unprecedented surge in whale transactions. Bitcoin (BTC) and XRP stole the limelight with a jaw-dropping half-billion-dollar surge over a mere 15-hour span. The crypto spectacle ignited with a bang as a staggering 2,664 BTC, valued at a whopping $92.22 million, flowed into Coinbase. Little did observers fathom that this marked […]

Oct. 26, 2023
Ripple CTO Hits Back At Charles Hoskinson’s Comment On SEC’s Ethereum ‘Favoritism’
Crypto

Ripple CTO Hits Back At Charles Hoskinson’s Comment On SEC’s Ethereum ‘Favoritism’

David Schwartz, the chief technology officer at Ripple, has responded to the Cardano founder and IOG CEO Charles Hoskinson’s comments about possible reasons behind the United States regulators’ determination that Ethereum (ETH) is not a security. During an ‘Ask Me Anything’ session on October 8, Hoskinson (one of the eight former Ethereum founders) voiced his […]

Oct. 13, 2023
Ripple’s CLO Claims XRP Holds Distinct Position In US
Blockchain

Ripple’s CLO Claims XRP Holds Distinct Position In US

In a recent CNBC interview, Ripple’s Chief Legal Officer, Stuart Alderoty, highlighted the changing landscape of cryptocurrency regulations in the United States, stressing XRP’s unique status.  Alderoty mentioned that countries like the UK, EU, Dubai, Singapore, Brazil, Japan, and Australia have well-defined and logical crypto rules. These regulations foster innovation while maintaining robust oversight. However, […]

Oct. 13, 2023
Judge Denies SEC’s Request To Appeal Ripple Verdict
Blockchain

Judge Denies SEC’s Request To Appeal Ripple Verdict

District court judge Analisa Torre­s rejected the­ SEC’s request to Ripple appeal. She stated that the­ regulatory body failed to present substantial grounds for a differing perspective­. Furthermore, District Court Judge Analisa Torre­s has rejected the­ United States Securitie­s and Exchange Commission’s (SEC) motion to appeal its loss against Ripple Labs. Ripple­ Labs, the company […]

Oct. 4, 2023
Brian Armstrong Worries About FTC’s DeFi Enforcement
Blockchain

Brian Armstrong Worries About FTC’s DeFi Enforcement

Coinbase CEO opposes CFTC’s actions on DeFi protocols in the United States. His main concern revolves around the­ possible weakening of the­ nation’s industry strength. Furthermore, Armstrong is urging DeFi protocols not to se­ttle and instead pursue the­se cases in court. He argues that se­tting a precedent is crucial, as he­ believes the­ claims lack […]

Sep. 14, 2023
XRPL’s AMM Revolutionizes On-Chain FX: A Paradigm Shift In Finance
Crypto

XRPL’s AMM Revolutionizes On-Chain FX: A Paradigm Shift In Finance

On August 31st, in a recent Twitter thread, Panos, the author of “Understanding the Crypto Economy,” highlighted a substantial opportunity emerging with the XRPL Automated Market Maker (AMM). Panos pointed out that on-chain foreign exchange (FX) could revolutionize payment networks, benefitting Ripple’s ecosystem, financial institutions, businesses, and individuals. The XRPL AMM allows anyone to trade currencies and […]

Aug. 31, 2023
Ripple Transfers 31 Millions XRP After Grayscale’s Legal Triumph Against SEC
Blockchain

Ripple Transfers 31 Millions XRP After Grayscale’s Legal Triumph Against SEC

On August 30, popular crypto tracking service Whale Alert spotted several XRP transactions totaling a staggering amount — nearly half a billion XRP. Ripple Labs was actively involved in the transfer of this huge crypto stash.  Whale Alert highlighted three XRP transactions, carrying 424,018,481 XRP, 31,000,000 XRP, and 27,600,000 XRP. Ripple Lab transfers 31 million […]

Aug. 31, 2023