Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.
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.
Ripple is now required to produce terabytes of Slack messages to the SEC that were previously withheld due to an apparent data error.34137
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.31398
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.26939
XRP price has bounced back from its July lows but some indicators are starting to suggest that the rally is due for a pullback.72568
The classic "double bottom" pattern's success rate of hitting its profit target lies around 78.55%.43131
The SEC said that the previous production of Slack messages from Ripple was incomplete, and a massive quantity of data has not been collected.15603
The documents may provide critical evidence that CEO Brad Garlinghouse was acting outside of the SEC’s jurisdiction.24394
Ripple’s XRP token is in the middle of a bullish breakout, which could open the door to $1 next.21873
Japan’s first On-Demand Liquidity service implementation helps Ripple drive the adoption of crypto-enabled services.16595
The lines between traditional payments networks and fintech continue to blur with Visa’s acquisition of the London-based firm.7481
The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets.18833
Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status.50326
The NFT marketplace plans to integrate Ripple’s XRP Ledger blockchain.6411
XRP price bulls watch out! The popular Head and Shoulder pattern is statistically among the most accurate trend indicators.11438