Ripple Walks Away from Deal to Acquire Fortress Trust Only a Few Weeks after Announcement
By
Tolu Ajiboye
For reasons best known to Ripple and CEO Garlinghouse, the deal to acquire Fortress Trust is now off despite enthusiasm shown weeks ago.
XRP News
Find real-time updates on Ripple's XRP, explore recent price swings, check expert price forecasts and stay updated on major developments in XRP adoption
Ripple Plans to Expand Workforce beyond US Borders to Asia and Europe
Ripple’s expansion plans come months after its partial victory in its ongoing legal battle with the US SEC.
Ripple Says Ongoing SEC Lawsuit Presents Global Expansion Opportunities
Top voices in the crypto industry have continued to criticize the US government and its approach toward regulation.
Ripple Rescues Fortress Trust Customers in Potential Acquisition Deal
Ripple, an investor in Fortress, has stepped in to compensate Fortress customers for any incurred losses as part of the acquisition process.
Pantera Capital: Bitcoin Set to Hit $35K Pre-Halving and $148K After
By
Tolu Ajiboye
Pantera Capital believes that the recent XRP ruling, possibility of a BlackRock ETF and the next Bitcoin halving will spike prices.
XRP Relinquishes Post-SEC Victory Gains as Bears Prevail
Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case.
Gemini Opens XRP Deposits after Announcing Support for XRPL
Gemini highlighted that XRP will be available for trading under several currency pairs including USD, GBP, EUR, CAD, SGD, HKD, and AUD.
SEC vs Ripple: District Judge Analisa Torres Schedules Jury Trial for Q2 2024
Following the announcement by Judge Analisa, Jeremy Hogan, a partner at Hogan & Hogan, highlighted that the final judgment in the case will not be issued until at least late 2024.
Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity
The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet.
Brad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit
Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
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