Nonfungible tokens, or NFTs, have been dominating the crypto market this year. With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. The rise of the Metaverse has also pushed the adoption of NFTs, demonstrating the … [Read more...] about ‘Overtime, we will see the NFT market broaden,’ says Ripple’s CTO David Schwartz
Ripples
U.S. courts deny SEC from viewing Ripple’s legal documents pertaining to XRP
The US Security and Exchange Commission´s (SEC) motion to access Ripple Labs´ legal communications regarding XRP‘s regulatory status was denied, a new filing shows.The appointed judge stated that the requested communications are protected by attorney-client privilege.Ripple caught a breakThe US SEC filed a complaint against Ripple last December, alleging that its sale of XRP … [Read more...] about U.S. courts deny SEC from viewing Ripple’s legal documents pertaining to XRP
Surveillance project supported by Ripple’s Chris Larsen sees backlash from LGBTQ group
A $695,000 donation from Ripple co-founder Chris Larsen towards a community-led surveillance camera project in San Francisco is receiving backlash from certain sections of society, local outlet San Francisco Examiner reported today.Larsen has been involved in the controversial project since 2012, making a hefty $4 million donation for teams to set up cameras and be monitored by … [Read more...] about Surveillance project supported by Ripple’s Chris Larsen sees backlash from LGBTQ group
Institutional investments in Ripple’s XRP nearly doubled last week
Ripple-issued token XRP has been the most popular altcoin among institutional investors as the assets under management (AUM) in related financial assets nearly doubled, a report published by asset manager CoinShares earlier this week showed.“We believe this recent renewed appetite for digital assets is due to a combination of increasing acceptance from institutional investors, … [Read more...] about Institutional investments in Ripple’s XRP nearly doubled last week
XRP is on the up and up following Ripple’s 40% acquisition of Tranglo
Ripple has announced a 40% acquisition in cross-border payments specialists Tranglo. Industry observers say this partnership will help Ripple meet the growing demand for cross-border solutions in the Asia region.Tranglo was founded in 2008 before cryptocurrency was a thing. It has developed a solid reputation around Southeast Asia since its formation.The price of XRP saw a … [Read more...] about XRP is on the up and up following Ripple’s 40% acquisition of Tranglo