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“# MoneyGram launches USDC settlement using the Stellar blockchain ” Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) and convert directly to and from fiat. Per a 6 Oct. announcement, MoneyGram has integrated support allowing crypto wallets connected…
“# Judge rejects XRP hodlers’ bid to join SEC against Ripple case as defendants ” There has been another twist in the ongoing battle between distributed ledger technology firm Ripple and the U.S. Securities and Exchange Commission (SEC). On Monday, Oct. 4, U.S. District Judge Analisa Torres ruled that individuals holding the company’s XRP token…
“# Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70 ” Ripple’s (XRP) rallied 72% from Aug. 7 to Aug. 14, but since then, every attempt to break out of the descending channel has been quickly suppressed. The past ten days have been no different, with the XRP price…
“# Ripple launches $250M fund for NFT creators ” Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working…
“# XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer ” Amid the ongoing legal battle between Ripple and United States’ securities regulators, a former U.S. Treasurer and Ripple board member has voiced support for XRP. Former Treasurer Rosa Rios, who joined Ripple’s board of directors in May 2021, took to Twitter on…
“# Ripple is helping Bhutan pilot a CBDC ” The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital…
“# Evolve or die: How smart contracts are shifting the crypto sector’s balance of power ” One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear…
“# Judge orders Ripple to hand over 1 million Slack messages to the SEC ” U.S. Magistrate Judge Sarah Netburn has ordered Ripple to produce one million missing Slack messages between employees which the Securities and Exchange Commission (SEC) has sought to access. Despite Ripple’s protestations that complying would cost up to $1 million, the…
“# XRP price chart ‘bull flag’ puts the next bullish target at $1.50 ” XRP price edged higher on Sep. 2 as traders assessed Ripple Labs gaining an edge over the United States Securities and Exchange Commission (SEC) in an ongoing courtroom battle. The XRP/USD exchange rate surged by up to 4.74% to reach $1.296…
“# Ripple files motion to expose XRP holdings of SEC employees ” Ripple has filed a motion to compel the United States Securities and Exchange Commission, or SEC, to disclose its internal cryptocurrency trading policies as part of the ongoing legal battle with the securities regulator. James Filan, an attorney closely following the SEC’s case…