Tagged: xrp

Kadan Stadelmann of Komodo Comments on Ripple v. SEC Lawsuit

Crowdfund Insider recently caught up with Kadan Stadelmann, a blockchain developer, operations security professional, and Komodo Platform’s CTO. As a side note, Komodo, a blockchain interoperability and atomic swap technology leader, recently rebranded its flagship end-user application from “AtomicDEX” to “Komodo Wallet” and its “AtomicDEX… Read More

Crypto Exchange Binance has Reportedly Frozen XRP Tokens Linked to Recent Exploit

Cryptocurrency exchange Binance has reportedly frozen $4.2 million in XRP tokens that are said to be tied or linked to this past week’s $120 million exploit. This, according to an update shared via social media by Binance CEO Richard Teng. Teng noted via X that… Read More

Blockchain Firm Ripple to Reportedly Buy Back $285M of its Shares, Valuing the Fintech at $11B+

Ripple is reportedly buying back $285 million of its shares, valuing the Fintech firm at around $11 billion. This, according to sources familiar with the matter and cited by Reuters. Crypto firm Ripple Labs, which is well-known for its XRP token, is preparing to buy… Read More

Fintech Ripple Added to Central Bank of Ireland’s Virtual Asset Service Providers Register

Ripple, the enabler of enterprise blockchain and crypto solutions, announced that the Central Bank of Ireland (CBI) has added its Irish subsidiary Ripple Markets Ireland Limited to its list of registered Virtual Asset Service Providers (VASPs). The decision will support Ripple’s business since, “as a… Read More

Dubai Approves XRP as Crypto Token Under Virtual Assets Regime

Digital asset XRP has been granted approval by the Dubai Financial Services Authority (DFSA) for utilization within the Dubai International Financial Centre (DIFC), marking a significant endorsement for cryptocurrency usage in financial services in Dubai, according to Ripple. As the first virtual asset sanctioned by… Read More

Ripple Issues Statement on SEC’s Decision to Halt Lawsuit Against Chris Larsen and Brad Garlinghouse

It was reported yesterday that the Securities and Exchange Commission (SEC) had dropped its charges against Ripple executives Brad Garlinghouse (CEO) and Chris Larsen (Chairman). Charges remain for Ripple itself. Ripple has posted a release on the legal victory, calling it a “stunning capitulation by… Read More

“Not a settlement. This is a surrender” – SEC Dismisses Charges Agains Chris Larsen, Brad Garlinghouse in Ripple/XRP Case

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

The Securities and Exchange Commission (SEC) has dismissed the charges, with prejudice against Ripple principles Brad Garlinghouse and Chris Larsen. This is according to an X (Tweet) distributed by lawyer James Filan and reposted by Stuart Alderoty, Chief Legal Officer at Ripple. Alderoty stated: “The… Read More

XRP Rising Following the Court Win by Ripple

XRP has caught a small bid following the news that the courts have sided with Ripple regarding the ongoing battle with the Securities and Exchange Commission. US District Judge Analisa Torres has rejected the SEC’s appeal regarding part of the judge’s decision in its lawsuit… Read More

US District Judge Rejects SEC’s Motion to Appeal Part of Court Decision in Lawsuit Against Ripple Regarding Sales of XRP

US District Judge Analisa Torres has rejected the US Securities and Exchange Commission’s (SEC) to appeal part of the judge’s decision in its lawsuit against enterprise blockchain firm Ripple Labs regarding the sales of XRP. Judge Torres determined in July 2023 that a part of… Read More

Enterprise Blockchain Firm Ripple Determined to Battle SEC Lawsuit to the End

US-headquartered crypto firm Ripple recently stated that it intends to keep fighting the current lawsuit with the US Securities and Exchange Commission (SEC). The dustup with the regulator is emblematic of the broader challenges digital asset firms face in the US as the SEC has… Read More

Ripple Announces Purchase of Scott Purcell’s Fortress Trust, a Firm Serving the Crypto Industry

Ripple, creator of XRP, has announced the acquisition of Fortress Trust, a regulated entity that provides custody and other services in regard to digital assets. Terms of the acquisition were not disclosed. Ripple was an investor in Fortress during its seed funding round in 2022…. Read More

DLT Adoption: Gemini Adds Support for XRP Ledger, a Blockchain Network

Digital asset firm Gemini is pleased to announce support for XRP Ledger (XRP), adding a new blockchain to Gemini’s growing list of supported networks. XRP is now “available for trading on our API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile… Read More

SEC to Appeal Ripple-XRP Decision: If the appeals Court Adopts the decision it could “put a big hole” in its case against Coinbase

As the crypto-sphere knows, last month Ripple/XRP received a partial victory against the Securities and Exchange Commission (SEC) in a court decision that determined that people who bought XRP could not reasonably expect Ripple to act to increase the price of XRP and the sales… Read More

Enterprise Blockchain Firm Ripple Releases Q2 2023 XRP Markets Report

Brad Garlinghouse, CEO at Ripple, says that they began sharing detailed reports to voluntarily provide updates of their XRP holdings. Sadly, however, they were used against them in the US Securities and Exchange Commission SEC lawsuit – however, he added that they remain steadfast in… Read More

Web3 Adoption: Catalyze Research, Fintech Ripple to Enable XRP Ledger Adoption in South Korea

Catalyze Research, the Web3 and blockchain consulting group, and Ripple, which claims to be the “leader” in enterprise blockchain and crypto solutions, announced their partnership to bolster the presence of the XRP Ledger (XRPL) in South Korea. This collaboration aims to tap into the robust… Read More

Ripple Chief Legal Officer Says Court’s Ruling Regarding XRP Will Have “Profound” Consequences on How Digital Tokens Are Classified in the US

Fintech firm Ripple considers the recent court ruling (in the case Ripple v. US Securities and Exchange Commission (SEC) ) to be a “landmark victory” for the company and the entire crypto industry. As noted in a blog post, the recent ruling finds that XRP… Read More

Chainalysis Shares Insights After Digital Asset Markets React to SEC v. Ripple Ruling that XRP Exchange Sales Did Not Violate Securities Law

On July 13, 2023, the crypto and blockchain industry got “good news” when Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that Ripple did “not violate securities law in selling its token (XRP) via public exchanges,” the… Read More

Coin Metrics Takes Data-Driven Look at Digital Asset Markets, XRP After Milestone Ruling in US SEC vs. Ripple

Coin Metrics has taken a data-driven look at digital asset markets after a milestone ruling in the US Securities and Exchange Commission (SEC) v. Ripple Kyle Waters and Matias Andrade Cabieses from Coin Metrics noted in a detailed report that we’ve witnessed a significant development… Read More

CEI: Financial Policy Expert Comments on Ripple – XRP Court Ruling

John Berlau, a policy expert in financial services at the Competitive Enterprise Institute (CEI), has shared his thoughts on the recent court ruling regarding the legal battle between the Securities and Exchange Commission (SEC) and Ripple along with its founders. Berlau notes that XRP was… Read More

House Committees Issue Statement on Ripple – XRP Ruling, Crypto Legislation Advancing this Month

Representative Patrick McHenry, Chairman of the House Financial Services Committee, and Representative GT Thompson, Chairman of the House Agriculture Committee, have jointly issued a statement on the court ruling this week regarding the SEC’s lawsuit against Ripple and its issuance of XRP. McHenry and Thompson… Read More

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