Ripple SEC Case: Judge Torres Halts $125M Penalty Pending Appeal
Judge Torres approved Ripple’s request to hold a $125 million penalty as the SEC considers appealing rulings in the ongoing case. Ripple’s proposed order to retain a $125 million penalty has been authorized by New York District Court Judge Torres, even as the US Securities and Exchange Commission (SEC) considers an appeal. As the SEC […]
Ripple Adds Smart Contracts to XRP Ledger
This addition is aimed at expanding XRPL’s capabilities, making it more attractive to developers, entrepreneurs, and users. Ripple, a company specializing in international payments, has announced that the XRP Ledger (XRPL) developer environment will soon receive smart contracts. Ripple claimed that the move will make it possible for users, builders and entrepreneurs to take advantage […]
Metaplanet Teams Up with Ripple Partner SBI
Japanese Bitcoin investor Metaplanet, known as the “Japanese MicroStrategy,” has partnered with SBI VC Trade, a crypto investment service by Ripple’s partner SBI Group. Metaplanet, a prominent Japanese Bitcoin investor who is frequently referred to as the “Japanese MicroStrategy,” is collaborating with Ripple’s banking partner, the financial services firm SBI. Simon Gerovich, CEO of Metaplanet, […]
XRP Whales Sell as Ripple Prepares $125M Move
XRP whales have been making headlines by offloading huge amounts of the crypto, coinciding with Ripple’s upcoming $125 million settlement with the SEC. XRP whales have once again captured the attention of the media by selling off a significant quantity of tokens in anticipation of Ripple’s $125 million settlement with the Securities and Exchange Commission. […]
Ripple Advances Stablecoin Strategy with 185 RLUSD Burn
This strategic move is part of Ripple’s effort to control the stablecoin’s supply in line with regulatory requirements. By removing 185 Ripple USD (RLUSD) tokens from circulation, Ripple has increased the amount of progress it has made with its stablecoin effort. This effectively removed the tokens from circulation and returned them to the issuer’s account […]