In a recent post on X (formerly Twitter), David Schwartz, Ripple’s Chief Technology Officer (CTO), shared his predictions for the blockchain industry in 2024 and beyond. Interoperability As Catalysts For DeFi Growth On The XRPL According to Schwartz, the convergence of artificial intelligence (AI) and blockchain will revolutionize cybersecurity and financial services. AI, according to
XRP
One of the world’s leading blockchain-based payment companies Ripple Labs has been observed making large XRP transactions amid the crypto asset’s recovery from a decline earlier this week. Ripple Transfers Massive XRP Tokens To Exchanges According to reports from on-chain crypto tracker Whale Alert, the firm recently performed three massive transfers of XRP. The tracker
In a series of regulatory achievements, blockchain company Ripple has marked another significant milestone by announcing the inclusion of its Irish subsidiary, Ripple Markets Ireland Limited, in the Central Bank of Ireland’s list of registered Virtual Asset Service Providers (VASPs). Ireland’s Favorable Stance On Blockchain Innovation According to the company’s announcement on December 20, Ripple’s
In a year marked by regulatory pressure on the crypto industry, Ripple CEO Brad Garlinghouse has renewed his call for industry cohesion to rally behind pro-crypto candidates in the upcoming 2024 US presidential election. Garlinghouse emphasizes the urgent need to counter the anti-crypto and anti-innovation stance the Biden administration took, particularly about blockchain technology. Ripple
Blockchain company Ripple has recently released a comprehensive white paper shedding light on central bank digital currencies (CBDCs). The document offers an analysis of CBDCs’ potential benefits, associated risks, and hurdles to adoption. G20 Nations At The Forefront According to Ripple’s white paper, CBDC projects are gaining momentum worldwide. Currently, 130 countries, representing 98% of
Big-shot crypto player Mike Novogratz of Galaxy Digital just did a U-turn. He used to be skeptical about Ripple and XRP, but guess what? He’s owning up to it now and saying, “I was wrong.” Talk about a plot twist in the crypto world. At first, Novogratz expressed reservations about the future of XRP, pointing
Pro-XRP legal expert John Deaton has once again come to the defense of Ripple in its ongoing legal battle with the Securities and Exchange Commission (SEC). This time around, he has blasted the former SEC Chair Jay Clayton for making misrepresentations in relation to the case. Ripple Vs. SEC: Deaton Comes For Clayton In a
JPMorgan CEO Jamie Dimon is being hauled over the hot coals on crypto X (Twitter) after claiming Bitcoin (BTC) and cryptocurrency’s “only true use case” is to facilitate crime. “The only true use case for it is criminals, drug traffickers, money laundering, tax avoidance,” Dimon said in a hearing before the United States Banking Committee
The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains. ORDI notched a new all-time high of over $65 on Dec. 5, surging more than 850% from around $6.80 on Nov. 5, according to CoinGecko data. ORDI is up 216%
PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could
Bitcoin (BTC)-related investment products have become the “main beneficiary” of recent investor interest in crypto, amid growing anticipation of a spot Bitcoin ETF approval in the United States. A total of $1.76 billion of investors’ funds have flowed into crypto products over a 10-week period, making up for the largest inflows over such a period
Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to maintain the momentum and achieve a strong close to the year, while the bears will try to pull the price down. The major
Top Stories This Week Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the United States. On Nov. 29, Pando submitted a Form S-1 — used to register securities with the agency — to the U.S. Securities
We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one: Blockchain based AI marketplaces, and financial analysis. It may not seem like the most exciting use case blending AI and crypto, but both
The cryptocurrency industry has now seen its most “damaging” month for crypto thievery, scams, and exploits, with crypto criminals walking away with $363 million in November, according to a blockchain security firm. Around $316.4 million came from exploits alone, flash loans inflicted $45.5 million in damage, and $1.1 million was lost to various exit scams,
The Ripple battle with the United States Securities and Exchange Commission (SEC) over the security status of the XRP token is yet to come to an end even after multiple partial victories. In an effort to end the three-year-long battle, the court has ordered that both parties consider a settlement and work out the terms
Bankrupt crypto exchange FTX has been given the green light to sell around $873 million of trust assets, with proceeds used to repay creditors impacted by the exchange’s collapse in 2022, according to a Nov. 29 filing in a Delaware bankruptcy court. The $873 million in assets will be sourced from FTX’s stakes in various
Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI for smart contract auditing and cybersecurity, we’re so near and yet so far. AI artwork for the ChatGPT written TurboToad memecoin. (Twitter) One of the big use cases for AI
Amid the downturn in the global financial technology market, the rumored Ripple Initial Public Offering (IPO), a highly anticipated event, could be affected by a potential delay. Ripple IPO Might Be Delayed In The Thick Of Fintech Downturn Director of FinTech Investment Banking at Rosenblatt Securities Dushyant Shahrawat has recently suggested a potential delay in
Ripple CEO Brad Garlinghouse expressed his astonishment in response to former Securities and Exchange Commission (SEC) Chair Jay Clayton’s recent statements. The moment was captured in a video shared by prominent XRP influencer Crypto Eri, featuring Clayton’s live stream on November 21, 2023, for an interview with the Council on Foreign Relations, an American think
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