#ripple

Brad Garlinghouse, the CEO of Ripple, delivered a distinctive congratulatory message to the new president. In addition to his well-wishes, he proposed key reforms aimed at restructuring the SEC in Trump’s early administration.

According to Ripple CEO Brad Garlinghouse, an XRP ETF (Exchange-Traded Fund) is inevitable.

The U.S. Securities and Exchange Commission (SEC) has filed an appeal in its case against Ripple (XRP), challenging a district court decision made a year ago. Back then, the crypto firm secured a victory as the judge ruled that XRP sales to retail investors did not breach securities laws.

Senator Elizabeth Warren, a Democrat with a strong anti-crypto stance, is challenging her Senate race rival — moderate Republican and crypto advocate John Deaton, a key figure in the “SEC vs. Ripple” lawsuit.

Crypto investment firm Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This makes them the second issuer in just a week, following Bitwise, in their attempt to offer traditional investors exposure to Ripple (XRP).

At the end of September, Ripple got a major update related to its Ripple USD (RLUSD) stablecoin. The blockchain payments company minted 800,000 RLUSD, or 99% of the total supply in 24 hours, according to an X post by XRP Ledger validator Vet.

During the weekend, hackers compromised two popular South Korean YouTube channels, tvN Drama and TVING.

A U.S. court has permitted a new lawsuit against Ripple Labs and its CEO, Brad Garlinghouse, for alleged violations of securities law. The plaintiffs in the case accuse Garlinghouse of making misleading statements during a 2017 interview, which they argue qualifies the XRP token as a security.

Team Ripple requested the court to review some points in their previous ruling regarding the case against the SEC.

Chris Larsen, co-founder of Ripple, has donated $10 million in XRP to support Kamala Harris’s presidential bid. He announced the news on his X account.

In addition to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and the stablecoin Tether (USDT), MoonPay users can now add XRP to their portfolios. This expansion aligns with the growing demand for this cryptocurrency and broadens the platform’s capabilities.

Ripple, a leading digital asset infrastructure provider, has announced its partners for the launch of the RLUSD stablecoin. Bitstamp, Uphold, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish will be collaborating on this initiative. Market makers B2C2 and Keyrock are also on board to support RLUSD’s liquidity.

The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple by appealing a court decision that significantly reduced the fine from $2 billion to $125 million.

The Colorado House of Prayer has issued tokens to fund the purchase of a 19th-century stone church building, valued at $2.5 million, which their congregation has rented since 2022. This fundraising initiative is spearheaded by Pastor Blake Bush, known for his keen interest in cryptocurrencies, including investments in Ripple (XRP).

District Judge Analisa Torres of the Southern District of New York imposed a $125 million fine on Ripple, citing their sales of XRP to institutional clients as breaches of federal securities laws.

Ripple (XRP) has disclosed plans for launching its own stablecoin, which will be pegged to the dollar and backed by bank deposits along with short-term U.S. Treasury bills. This move aims to expand Ripple Payments' capabilities in facilitating cross-border transactions. The introduction of this stablecoin promises: