Ripple Excludes XRP from Liquidity Hub: Here’s Why
Ripple’s recently launched Liquidity Hub offers enterprises an optimized solution for accessing global payout rails and crypto liquidity. However, the absence of Ripple’s native token, XRP, from the supported digital assets list has raised questions. Ripple’s general counsel, Stuart Alderoty, explained the reasons behind this decision on Twitter. Alderoty said that institutional customers, mostly in […]
Ripple CTO dismisses the XRP hoax on ChatGPT
The company’s CTO made fun of an AI chatbot that claimed Ripple could covertly control its blockchain through an unreported backdoor in the network’s code. The XRP Ledger (XRPL) is allegedly being surreptitiously controlled by Ripple, according to a conspiracy theory created by ChatGPT, an AI tool. This claim has been refuted by Ripple’s chief […]
Ripple Will Settle In Minutes If SEC Confirms XRP Is Not Security
Investors in XRP are still waiting for the Ripple vs. SEC lawsuit to end, and legal experts think the federal agency could lose the case. Both sides have already sent in their motions for summary judgment and their replies. But the public can only see versions of their filings that have been changed. From the […]
SEC Be Inching Closer to Its Defeat in the XRP Lawsuit
Ripple Labs and SEC could be getting closer and closer to a loss. Layton of Forbes says that the SEC realized that it had fallen into its own trap. If the SEC goes to the Supreme Court, it will set a precedent that makes the Howey Test less useful. The US Securities and Exchange Commission […]
Ripple discloses XRP holdings under 50% for first time
Ripple noted that its XRP ownership is declining and that it only “operates 4 of 130+ validator nodes on the XRPL.” For the first time in the history of the company, the amount of XRP tokens held by Ripple Lab has fallen below 50% of the entire circulating quantity. Some have questioned Ripple’s disproportionately substantial […]