In our “Ripple” section, we cover news and developments related to the Ripple network and the XRP cryptocurrency. Here you will find updates on Ripple technology, partnerships, regulatory issues, and factors influencing the XRP market. Read the “Ripple” section on ForkNews to stay informed about the Ripple ecosystem.
Brad Garlinghouse and Chris Larsen will file a motion to dismiss the SEC's supplemental claim alleging their individual liability.
Yesterday, someone transferred 90,000,000 Ripple XRP tokens from one unknown address to another. Typically transfers of this magnitude are made to the wallet of an easily identifiable cryptocurrency exchange, but in this case the sender and recipient addresses are unknown, making the transaction even more suspicious.
Ripple received registration on one of the world's most popular crypto exchanges. Singapore-based crypto platform KuCoin has announced the listing of the XRP token, developed by US firm Ripple Labs, on its trading platform.
Yesterday a large amount of XRP (1 billion) was withdrawn. The transaction was recorded on the Bithumb exchanger, and the commission amount was a meager 0.000012 XRP.
SBI Ripple Asia has teamed up with the Japan Payment Card Consortium (JPCC) to launch a proof of concept (PoC). The companies intend to provide an environment in which payment card manufacturers can share information about fraud, thereby preventing the further spread of illegal transactions.
On Tuesday, the market capitalization of the XRP currency, which is linked to the Ripple payment network, temporarily surpassed the capitalization of Ethereum. Part of the reason for this was the popular rumor that the next SWIFT network update will be integrated with Ripple. A SWIFT spokesperson denied the rumors on Tuesday.
During a briefing with SBI Financial, CEO Yoshitaka Kitao said that the company has already begun negotiations on a new project to use Ripple by R3.
Ripple has announced its expansion plan focused on the Middle East region. This was stated by the company's head of infrastructure innovation, Dilip Rao, at a conference in Dubai.
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