Ripple
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Don’t Fall for XRP Scams: How to Protect Your Ripple Holdings from Fraud
On March 27th, the hardware wallet Ledger warned the XRP community on Twitter about the rise of encryption scams targeting Ripple holders, where fraudsters use fake Ledger Live app
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Cryptocurrencies Making Headlines: A Look at the Top Five Coins by Positions
It is reported that according to the 24-hour statistics of currency coin data, BTC\’s positions are 25.5456 million USD, EOS\’s positions are 305700 USD, LTC\’s positions are 1.2142 m
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Ripple Partners with Great Ormond Street Hospital Children’s Charity to Support Cancer Treatment
It is reported that Ripple has announced the establishment of a new two-year partnership with Great Ormond Street Hospital Children\’s Charity (GOSH Charity). Ripple will donate fun
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Ripple Invests in Singapore’s Web3 Early Venture Capital Fund
It is reported that Ripple, an enterprise blockchain and encryption solution provider, has announced that it has made a strategic investment in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF), but has not disclosed the specific investment amount. Ripple stated that this investment is part of its efforts to accelerate global adoption of blockchain technology to support high-potential early stage companies focused on Web3 infrastructure and products. (finsmes) Ripple Announces Strategic Investment in Blockchain Founders Fund Analysis based on this information:Ripple, an enterprise blockchain and encryption solution provider, has recently announced that it has invested in the Singapore Web3 Early Venture Capital Fund Blockchain Founders Fund (BFF). While specific investment details were not revealed, Ripple has confirmed that it is part of a strategic investment aimed to boost the global adoption of blockchain technology. Ripple’s involvement in BFF will help support high-potential early-stage companies with their Web3 infrastructure and products. Blockchain technology has made significant strides in…
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Ripple’s Business Expansion Unaffected by SEC Lawsuit
According to reports, Rahul Advani, Ripple’s Asia Pacific policy director, said at a news conference in South Korea on Wednesday that the court ruling in the SEC lawsuit against Ripple Labs Inc. had the smallest impact on the company’s global business expansion. 90% of Ripple’s business is outside the United States, with a significant portion in the Asia Pacific region. In the two years of legal battles with the Securities and Exchange Commission, the company achieved its largest growth. Ripple executives say the XRP lawsuit ruling has little impact on global business operations Analysis based on this information:Rahul Advani, Ripple’s Asia Pacific policy director, addressed the impact of the SEC lawsuit against Ripple Labs Inc. on the company’s global business expansion. According to reports, Advani stated during a news conference in South Korea that the court ruling had the smallest impact on Ripple’s business expansion. He further noted that 90% of Ripple’s business occurs outside the United States, with a…
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Michael Barr appointed head of supervising and regulating banking case in Silicon Valley
It is reported that Michael Barr, the former adviser of Ripple and the current vice chairman of the Federal Reserve’s supervision, has been appointed by the board of supervisors as the head of supervision and regulatory review of the banking case in Silicon Valley. Barr will be responsible for conducting a thorough and comprehensive review of the supervision and supervision methods of failed banks and preparing follow-up work before May. The Federal Reserve appointed the former Ripple consultant as the supervisor of the banking case in Silicon Valley Analysis based on this information:Michael Barr, the former adviser of Ripple, is now the vice chairman of the Federal Reserve’s supervision, and the board of supervisors has appointed him as the head of supervision and regulatory review of the banking case in Silicon Valley. This is a significant move as Barr will be responsible for conducting a comprehensive review of the failed bank’s supervision and monitoring methods, and preparing follow-up work before…
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Airwallex Air Cloud Remittance Ensures Security of Customer Accounts Amid Silicon Valley Bank Incident
According to reports, in response to inquiries related to the Silicon Valley Bank incident, Ripple’s partner Airwallex Air Cloud Remittance officially released a statement confirming that the security of customers’ account funds in Airwallex Air Cloud Remittance was not affected by the Silicon Valley Bank incident. The company is connected to global systemically important banks (GSIBs) and leading financial institutions, including JPMorgan Chase, Standard Chartered Bank, Barclays Bank, etc, Ensure the stability and security of funds. Ripple Partner Air Cloud Remittance: The security of customers’ funds is not affected by the bank incident in Silicon Valley Analysis based on this information:As reported, Ripple’s partner, Airwallex Air Cloud Remittance, has released a statement confirming that the security of customers’ account funds in their platform has not been affected by the recent incident involving Silicon Valley Bank. The company assures its customers that they are fully connected to global systemically important banks (GSIBs) and other leading financial institutions like JPMorgan Chase, Standard…
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Ripple CEO assures financial stability amid exposure to Silicon Valley banks
It is reported that Ripple CEO Brad Garling house tweeted that Ripple has some exposure to Silicon Valley banks. Silicon Valley Bank is Ripple’s banking partner and holds part of Ripple’s cash. However, Ripple’s daily business is not expected to be disturbed, and most of the dollars are deposited in other banks. In addition, Ripple’s financial position remains stable. Recent events have highlighted the fragility of the financial system. Ripple CEO: Ripple has some exposure to Silicon Valley banks, and its daily business is not affected Analysis based on this information:Ripple CEO Brad Garlinghouse recently tweeted that the company has some exposure to Silicon Valley banks, its banking partner. Specifically, part of Ripple’s cash is held by the Silicon Valley Bank. However, Garlinghouse assured that Ripple’s daily business is not likely to be affected by this exposure, as most of the dollars are deposited in other banks. Furthermore, he emphasized that Ripple’s financial position remains stable. This message highlights the…
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Ripple’s CTO David Schwartz Refrains From Commenting on Bank Collapse
It is reported that David Schwartz, the chief technology officer of Ripple, said in response to the question about whether the company had contacted the failed Silicon Valley bank that the official statement of Ripple would be released soon. He will not make any personal comments on this matter before making a statement. The collapse of Silicon Valley banks has shaken the global financial markets, but as of the writing of this article, Ripple has not provided any statement on whether there is any capital exposure in Silicon Valley banks. (u.today) Ripple CTO: An official statement will be issued soon on the situation of banks in Silicon Valley Analysis based on this information:The recent collapse of a Silicon Valley bank has sent shockwaves throughout the global financial markets, raising questions about the extent of its impact on Ripple, a leading blockchain-based payments platform. As the market awaits a statement from Ripple, David Schwartz, the company’s chief technology officer, has remained…
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Ripple’s Legal Battle Against SEC Continues
It is reported that the legal struggle between Ripple and the United States Securities and Exchange Commission (SEC) is still ongoing, and both parties have fi…
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Ripple Develops Private XRP Ledger for CBDC
On March 5, Matt Hamilton, former director of developer relations at Ripple, revealed that the company was currently developing a private version of XRP Ledger…
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Ripple CEO Brad Garlinghouse Suggests Limitations on Cryptocurrency Transfer for Innovation in the US
It is reported that Brad Garlinghouse, chief executive of Ripple, said on Twitter that the transfer of cryptocurrency overseas is not conducive to innovation i…
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Ripple Lawsuit Will Have Significant Impact on Cryptocurrency Industry
According to reports, Brad Garlinghouse, chief executive of Ripple, said that the lawsuit filed by the United States Securities and Exchange Commission (SEC) a…
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Blockchain and Cryptocurrency: Accelerating Payment Infrastructure
On March 3, a white paper recently released by Ripple and the US Fast Payments Council showed that 97% of the payment industry leaders believe that blockchain …
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Ripple Middle East Managing Director Shares Insights on CBDC Objectives and Regulator Interaction
On March 1, Brooks Entwistle, Managing Director of Ripple Middle East, spoke about the company\’s efforts and objectives in the field of central bank digital cu…
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Chia Network CEO predicts Ripple’s loss in legal battle against SEC
On February 27, Gene Hoffman, the new CEO of Chia Network, said on Twitter that he believed Ripple would lose the legal battle with the Securities and Exchange…
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Empower Oversight Backs Technical Policy Expert in SEC-Ripple Cryptocurrency Case
It is reported that Empower Oversight, the US government regulator, issued a document supporting Roslyn Layton, a technical policy expert, to the South Distric…
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RippleX Developers Propose New Standard for Cross-Chain Bridge
It is reported that Ripple is compatible with EVM side chain XRP Ledger (XRPL) and Ripple development laboratory RippleX developers have proposed a new XRPL st…
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Ripple Supports Creators’ Fund in the Cryptocurrency Market
On February 17, Ripple announced the third batch of creators\’ fund support list, with a total of seven independent creators, including five artists, including …
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Technical Expert Roslyn Layton Seeks to Intervene in SEC and Ripple Lawsuit to Access Hinman’s Speech Document
On February 16, Roslyn Layton, a technical policy expert, filed a motion for intervention in the lawsuit between the United States Securities and Exchange Comm…