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.

The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications.
IBM unveils new air-gapped cold storage solution for digital assets
Tristan Greene
Altcoin Watch
XRP may need to undergo a short sell-off period before confirming the upside continuation setup as whales demonstrate bullishness.
XRP price bull flag hints at 20% rally by New Year’s
Yashu Gola
Altcoin Watch
A BlackRock ETF rumor prompted a big pump-and-dump in the XRP market, which may result in a 20% correction over the next few weeks.
Why is XRP price down today?
Yashu Gola
SEC Chair Gary Gensler shared a speech on X, triggering heated reactions across the crypto community.
Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’
Ezra Reguerra
Navin Gupta, managing director of South Asia, Middle East and North Africa (MENA) at Ripple, told Cointelegraph that education and introducing non-speculative u...
Ripple exec reiterates need for tech-neutral crypto regulations
Hermi De Ramos
Ripple CEO Brad Garlinghouse discussed discouraging maximalists and factors that could drive further institutional adoption at the recent Ripple Swell event hel...
Brad Garlinghouse jabs at maximalists: ‘It will be a multichain world’
Ezra Reguerra
John Deaton highlights that the legal action against Ripple is not centered on fraud but instead constitutes a regulatory disagreement.
Ripple faces slim odds of $770M disgorgement — XRP holders attorney
Amaka Nwaokocha
HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform.
HSBC taps Ripple’s Metaco to launch security token custody
Helen Partz

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