XRP

Ethereum co-founder Vitalik Buterin spoke out on Monday against centralized projects associating themselves with the “crypto” ecosystem. The founder called out IOTA and XRP in particular, which he called “completely centralized.” In an interview with the Bankless podcast, Vitalik said he was beginning to deliberately use the word “Ethereum” as opposed to “crypto” when discussing decentralized applications. “It’s not maximalist,” he noted. “It’s more saying ‘we are not going to ally with you are a cryptocurrency by default.’” Vitalik explained…

You can't go anywhere on social media where cryptocurrency enthusiasts gather these days without seeing certain trending coins mentioned. Crypto opportunities are much more plentiful than just Bitcoin, Ethereum, and a select few others. Also, altcoins now boast sufficient liquidity and volume for serious traders and investors, with market caps in the tens of billions and beyond. Taking note of these trends, Hyrotrade recently added seven of the most popular and trending crypto assets to its margin trading platform. Move…

Blockchain as an innovation is inappropriately being conflated with the “giant con” that is crypto, according to CNBC’s Jim Cramer on Thursday. The Mad Money Host suggested that multiple top cryptocurrencies are being artificially propped up in value. Among them are Solana, XRP, and Dogecoin.  Cramer’s Latest Take Speaking with CNBC’s Rebecca Quick, Cramer asserted that blockchain technology is worth separating from the drama surrounding FTX’s collapse. He added that Kevin O’Leary – a paid spokesperson of $15 million for…

According to an update on the crypto platform’s help page, Coinbase wallet will no longer support payment network Ripple’s XRP token. The digital asset is not the only cryptocurrency Coinbase has delisted as Bitcoin Cash, Ethereum Classic, and Stellar will also be unavailable. Coinbase Halts Wallet Support for XRP, BCH, ETC, and XLM The delisting will take effect from January next year and Coinbase’s wallet application will drop support for the aforementioned tokens. Coinbase Wallet like MetaMask and similar providers…

Indian crypto exchange, CoinDCX had its Twitter account hacked on Tuesday. The hackers used the compromised account to promote a fake Ripple (XRP) giveaway. Today we are pumping XRP. To support our community, we are announcing 100,000,000 XRP GIVEAWAY,” the now-deleted tweet read. The fake promo was then followed by a phishing link. To erase suspicions, the hackers retweeted official posts from Ripple Labs CEO, Brad Garlinghouse. They also replied to tweets with phishing links.  As they strove to regain…

Payment networks need to be more cohesive and cohesive. Transferring money within a nation or between accounts on the same system or ledger is quite simple. The same goes for transferring money between accounts on a different network or ledger. In most cases, transmitting data from one ledger to another is unfeasible. Even in places where connections are available, they are often manual, sluggish, or costly. Ripple’s Interledger Protocol allows the routing of payments across multiple digital asset ledgers. Meanwhile, it protects…

A New York court has declined to drop the Security and Exchange Commission's lawsuit against payments processing company, Ripple. Interestingly, the court also dismissed SEC’s motion against Ripple. Ripple’s CEO Brad Garlinghouse has declared the latest development a “huge win”. Judge Denies Execs' Dismissal Motions A New York court turned down the motions of two senior executives at Ripple to dismiss the pending lawsuit against them. The verdict, delivered by Magistrate Analisa Torres, nullified the executives' motions to drop the…

Ripple is in the spotlight again for its lengthy, ongoing cryptocurrency lawsuit with the Securities and Exchange Commission (SEC). This time, the court has ruled against a defendant claiming that the term "dealer" had no fair notice. Therefore, it would have less binding authority than the “investment contract” term. Nevertheless, attorney Hogan quickly explained that it is the Commission's fault and the burden is on them. Meanwhile, SEC has filed a letter of supplemental authority. This document should support its…

In 2022, the crypto market boasts a $2 trillion value. Bitcoin is trading for more than $40k apiece, and blockchain penetrates almost every industry. So, is it too late to invest in crypto? According to Rosie Rios, former U.S. treasurer, and Harvard scholar, "the train has already left the station." Rios broke the "bad news" for those still hesitating to jump on the crypto wagon in a recent CNBC interview. The ex-treasurer in the Obama Administration is adamant that “blockchain…