Ripple Abandons Plan to Acquire Fortress Trust
Almost 20 days after the announcement of the acquisition, Ripple has made the decision to pull out from the Fortress Trust deal. The CEO of Ripple,
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.
Almost 20 days after the announcement of the acquisition, Ripple has made the decision to pull out from the Fortress Trust deal. The CEO of Ripple,
In a significant move for the cryptocurrency industry, Galaxy Digital, led by CEO Mike Novogratz, has joined forces with Ripple to expand its operations in Europe.
On Monday, September 18, the New York Department of Financial Services (NYDFS) proposed substantial changes to its virtual currency oversight regime. These changes have a direct
Recent data shows that crypt asset investment products are consistently showing considerable outflows. Bitcoin (BTC) comprised 85% of these outflows in the last week. On the
John Deaton, a prominent attorney known for his involvement in the Ripple vs. SEC legal case, has stepped into the legal arena once again, this time
Whale Alert, a crypto-tracking platform, has recently detected a considerable purchase of Ripple’s XRP token. The platform reported a transfer of approximately 66,666,669 XRP tokens, accounting
Brad Garlinghouse, the CEO of Ripple (XRP), has just announced plans for a “proper victory party” for members of its community in New York City on
The high octane drama continues as the upcoming trial date for another court room battle between Ripple, the maker of XRP, and the United States Securities
Mastercard, the second-largest payment processor, has launched a CBDC Partner Program to foster the development of the infamous central bank digital currencies. Rippe and ConsenSys are
Ripple Labs, the maker of XRP, has just filed an opposition to an interlocutory appeal expected from the United States Securities and Exchange Commission (SEC), after
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
© Crypto Economy