
Ripple’s Sudden Exit: Sells 40% Stake in Tranglo, Sparks Controversy
TL;DR Ripple has sold its 40% stake in Tranglo, a major partner in cross-border payments. Ripple’s exit from Tranglo has sparked controversy in the XRP community.
Ripple is a digital payment protocol and cryptocurrency founded in 2012. Its native cryptocurrency, XRP, is used to facilitate fast and low-cost international money transfers.
Ripple’s network operates on a decentralized blockchain, but unlike Bitcoin and other cryptocurrencies, it does not require mining. Instead, transactions are validated through a consensus algorithm, which allows for faster processing times and lower fees. Ripple’s technology has been adopted by various financial institutions and payment networks, making it a popular choice for cross-border payments and remittances.
TL;DR Ripple has sold its 40% stake in Tranglo, a major partner in cross-border payments. Ripple’s exit from Tranglo has sparked controversy in the XRP community.
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TL;DR XRP trading volume has increased by 52.5% in the last 24 hours, surpassing $865 million, coinciding with its approach to the $30 billion market capitalization
TL;DR The U.S. House of Representatives passed two important bills regarding cryptocurrencies and financial privacy. The CBDC Anti-Surveillance State Act prevents the Federal Reserve from issuing
TL;DR Leading technology companies join together to combat online fraud and financial scams. The “Tech Against Scams” coalition includes giants such as Match Group, Coinbase, Meta
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