Ripple News
XRP surpasses 5M wallets holding nearly 60B tokens amid market rally
The Surge of xrp: A Milestone in Adoption with Over 5 Million Wallets In the dynamic world of cryptocurrencies, xrp has made a remarkable stride forward. According to recent data from XRPL Services, a leading xrp Ledger explorer, over 5 million wallets now hold approximately 59.87 billion xrp tokens – a noteworthy increase that highlights…
SEC-Ripple case deadline pushed back by Judge – What it means
Judge Torres’ Decision Grants SEC More Time in Ongoing ripple Case The legal performance between the Securities and Exchange Commission (SEC) and ripple Labs has been making headlines since December 2020. Recently, Judge Analisa Torres made a surprising decision that could significantly impact the timeline of this high-stakes case. The SEC Is Given More Time…
Ripple enhances XRP stability, locks 800 million
As reported by the data analytics platform Whale Alert, ripple, the well-known payments firm in the cryptocurrency sector, has recently taken steps to secure a substantial amount of xrp tokens worth approximately 800 million in their escrow accounts as of March 1, 2023. This move comes after the company had only unlocked 500 million xrp…
SEC requests deadline extensions in Ripple lawsuit briefing
The Securities and Exchange Commission (SEC) has requested for an extension of deadlines in the ongoing legal performance against ripple Labs, Inc., due to recent developments in the case. According to former US federal prosecutor James K. Filan, the SEC has petitioned for adjustments to the briefing schedule regarding “remedial measures” in the lawsuit. The…
Ripple CTO doubts AMMs will stabilize XRP prices soon
David Schwartz, the Chief Technology Officer of ripple, has shared his reservations about the short-term capacity of Automated Market Makers (AMMs) to bring about significant price stabilization for xrp on the xrp Ledger (XRPL). Although AMMs present attractive theoretical advantages, such as volatility harvesting and increased liquidity provision, Schwartz believes their impact on xrp’s price…
- 1
- 2