Ripple | ForkLog

ForkLog 8 13.05.2024

Ripple CEO Suggests US Authorities Targeting Tether

The US government is closely monitoring Tether’s activities, with potential regulatory measures that could significantly impact the industry, according to Ripple CEO Brad Garlinghouse. “The US government is going to pursue Tether. This is obvious to me. I view USDT as a very important part of the ecosystem and do not know what impact this […]

AI translated

ForkLog 8 09.05.2024

Ripple Joins DeRec Alliance for Asset Recovery Initiative

Ripple has joined Swirlds Labs and the Algorand Foundation as a founding member of the DeRec Alliance. The initiative aims to simplify the adoption and recovery of digital assets. We are excited to announce that @Ripple and @XRPLLabs have joined @swirldslabs and @AlgoFoundation as Founding Members of the Decentralized Recovery Alliance, with two-year seats on […]

AI translated

ForkLog 49 09.05.2024

SEC Rejects Ripple’s $10 Million Settlement, Demands $2 Billion

The U.S. Securities and Exchange Commission (SEC) has opposed Ripple Labs’ proposal to pay a $10 million fine for selling XRP to institutional investors. The regulator insists on $2 billion. In its motion, the SEC stated that Ripple’s proposed penalty is a “slap on the wrist.” “It would encourage other crypto asset issuers to violate […]

AI translated

ForkLog 12 04.04.2024

Ripple Sets Timeline for Launch of Its Own Stablecoin

Ripple has announced plans to launch its own stablecoin, pegged to the US dollar, by the end of 2024. 1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There’s a clear demand for trust, stability, and utility. That’s why later this year we’re launching a stablecoin […]

AI translated

ForkLog 16 01.04.2024

Forbes Labels XRPL and 19 Other Blockchains as ‘Zombie Networks’

Forbes magazine has published an article criticizing 20 different blockchains for their perceived uselessness, including Ripple’s XRPL. The Unnecessary XRPL The article’s authors described Ripple’s network as inefficient and the XRP token as “purely speculative,” questioning its market capitalization. “To fund their ambitious project, Ripple’s executives created 100 billion XRP and sold them for $1.4 […]

AI translated

ForkLog 16 26.03.2024

SEC Seeks $2 Billion Penalty for Ripple Labs

The United States Securities and Exchange Commission (SEC) intends to request a court to impose a $2 billion fine on Ripple Labs, including penalties. This information has reached the firm’s legal representatives. As you will see when the SEC’s brief is made public tomorrow, they ask the Judge for $2B in fines and penalties. 1/4 […]

AI translated

ForkLog 13 25.03.2024

Ripple Team Warns of AMM Pool Disruption

A technical error has been identified in several of Ripple’s automatic market maker (AMM) pools, leading to incorrect transaction execution. We’ve identified a discrepancy in a few AMM pools, in which transactions are not executing as intended. Our engineering team is working to resolve the issue alongside community participants. Out of an abundance of caution, […]

AI translated

ForkLog 11 28.02.2024

Investors Renew Class Action Lawsuit Against Ripple

Another lawsuit has been filed against fintech company Ripple and its CEO, Brad Garlinghouse, over alleged violations of securities laws. This class action complaint continues a legal initiative started by investors back in January 2020. In a statement submitted to the Northern District of California court, the plaintiffs request recognition of violations of federal and […]

AI translated

ForkLog 34 23.02.2024

Ripple CTO Reveals Origins of XRP’s Name

Ripple’s Chief Technology Officer, David Schwartz, has shared the story behind the naming of the native token of the XRP Ledger (XRP). David Schwartz explains why the currency was named ” $XRP”. X: Not issued by any countryRP: ”Ripples”= $XRP pic.twitter.com/kOenrcKEGp — EDO FARINA ? XRP (@edward_farina) February 23, 2024 He initially explained the process […]

AI translated

ForkLog 104 21.02.2024

Ripple CEO Dispels Rumours About XRP-ETF

Ripple “welcomes” the emergence of exchange-traded funds (ETFs) based on XRP, but has yet to disclose specific plans, stated the company’s CEO, Brad Garlinghouse, in an interview with Bloomberg. When asked about negotiations with asset manager BlackRock regarding the issuance of an ETF, the head of the firm responded: “I will not comment on that. […]

AI translated

ForkLog 22 09.02.2024

Ripple CTO Criticizes ‘Robin Hood’ Token Concept

The concept of issuing ‘Robin Hood’ tokens based on the community-approved XLS-39 amendment is not without its flaws, according to Ripple’s Chief Technology Officer, David Schwartz. I *love* that idea. — David “JoelKatz” Schwartz (@JoelKatz) February 9, 2024 The Ripple CTO expressed his “love” for the idea. This was his reaction to the concept of […]

AI translated

ForkLog 15 09.02.2024

Ripple Predicts Significant Shifts in Cryptocurrency Market Structure

The year 2024 is anticipated to be a period of potential large-scale changes in the cryptocurrency market structure, driven by institutional demand, according to Ripple’s quarterly report. Our latest XRP Markets Report is live — detailing Q4 events in crypto that brought important topics such as compliance and anti-money laundering to the forefront, key regulatory […]

AI translated

#Ripple