News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Ripple News
Established in 2012 under the name OpenCoin, Ripple Labs is the software corporation responsible for creating the XRP (XRP) cryptocurrency and its accompanying distributed ledger technology (DLT), the XRP Ledger. In addition, the company has crafted a collection of payment protocols, such as RippleNet, which are designed to optimize cross-border transactions for financial entities. RippleNet serves as a counterpart to the traditional SWIFT system, aiming to revolutionize and accelerate international money transfers by leveraging blockchain technology.
Initially featuring distinct services (xCurrent for bank payments, xRapid for liquidity via XRP and xVia for API integration), RippleNet consolidated these offerings in 2019. This strategic unification aimed to broaden XRP’s application in fund transfers under a single, cohesive RippleNet banner. Ripple’s XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. The XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
In 2020, the United States Securities and Exchange Commission filed a lawsuit against Ripple and its executives, Brad Garlinghouse and Christian Larsen, which accused it of conducting unregistered securities offerings worth over $1.3 billion via XRP sales. However, in July 2023, Ripple secured a partial victory when U.S. District Judge Analisa Torres ruled that XRP sales on public exchanges did not constitute unregistered securities offerings.
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Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment.
1766 - Markets News
XRP price is up 3% today, and improved market sentiment, anticipation of legal clarity and support from the 50-day SMA point to a higher move in the short term.
3038 - Newsletter
The SEC’s dismissal of the four-year legal case against Ripple is a “victory for the industry,” said Ripple CEO Brad Garlinghouse.
10328 - Market Analysis
In January, spot market traders drove the XRP price to an all-time high, and data shows this pattern emerging again. Are new highs in store?
7812 - News
Market participants have already been expecting the SEC to drop it’s four-year lawsuit against Ripple Labs, due to the Trump administration’s more crypto-friendly regulations.
6710 - Altcoin Watch
Ripple still faces a legal hurdle with an injunction preventing XRP sales to institutional investors, but price chart technicals are showing promise nonetheless.
20767 - News
Mt. Gox and Ripple co-founder Jed McCaleb is looking to send his company Vast’s commercial space station “Haven-1” into orbit and win a NASA contract in 2026.
10351 - News
The approval of the first spot SOL ETF may be the “next logical step” after the debut of the SOL futures ETFs, industry watchers told Cointelegraph.
4108 - Analysis
The high-profile SEC case against Ripple seems to have come to a close, but the crypto industry still doesn’t have the legal framework it wants.
10880 - News
The SEC’s dismissal of its years-long case against Ripple Labs marks a “new chapter” for crypto, the CEO said.
9720 - News
According to Deaton, Ripple has leverage to renegotiate its settlement with the SEC, possibly lowering the $125 million it has been ordered to pay.
12812 - News
Recent news indicates that the SEC’s enforcement actions against Ripple might be winding down during the Trump administration.
12541 - Market Analysis
Crypto advocates split hairs on whether XRP deserved to be in the digital asset stockpile, with many questions revolving around the token’s utility.
10379 - News
The blockchain has been a big beneficiary of the Trump administration, while Ethereum continues to fend off competition from rival L1s.
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