The Ripple boss claims his company has been unfairly treated, thereby giving Ethereum the edge.
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP functions as the bridge currency underlying Ripple’s liquidity and exchange product, xRapid, which provides financial institutions a medium for global value transfer between various fiat currencies.
XRP Ledger is the open-source DLT that provides cryptographically secure, verifiable settlement of the XRP currency. XRP Ledger is not part of Ripple’s suite of proprietary software products, as it is accessible and open to all.
At Cointelegraph, we are chronicling the progress of Ripple Labs (and XRP) as it competes with cryptocurrency protocols and traditional fintech platforms alike.
With the lack of regulation and common standards, a lot depends on crypto companies’ social responsibility and blockchain-based CSR.6338
Ripple has contributed the majority of a $44-million fund to support solar energy projects across the United States.7653
The XRP price chart is painting a golden cross while rising inside an ascending channel.21616
The partnership will enable MoneyGram customers to fund and withdraw from their accounts using the USDC stablecoin at physical branches.9699
The judge ruled that the SEC would be required to launch enforcement actions against each individual XRP holder should they be allowed to participate in the case as defendants.21759
Like other large-cap legacy altcoins, XRP is stuck in a rut and data suggests investors are content just to sit and watch.18115
“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple.6768
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool.18405
The company claimed its CBDC solution would allow Bhutan’s central bank to deploy a digital ngultrum “without compromising financial stability or monetary policy objectives.”8000
Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.20544
Ripple is now required to produce terabytes of Slack messages to the SEC that were previously withheld due to an apparent data error.34528
In the ongoing SEC vs. Ripple lawsuit, the judge has sided with the latter over its request for "fair use" access to internal documents from the U.S. regulator.31980
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on its employees’ XRP holdings.27244
XRP price has bounced back from its July lows but some indicators are starting to suggest that the rally is due for a pullback.72784