Ripple

May 30 is when the Ripple case public Zoom hearing is scheduled. Price of XRP at $0.5121, indicating good performance even after the recent decline. The class action lawsuit against Ripple Labs has just seen the scheduling of a public hearing for May 30. Several motions to exclude testimony from important witnesses, as well as a petition for summary judgment, will be addressed at this hearing. There is a great chance for public engagement and observation as the hearing is…

Ripple and Peersyst are developing the XRP Ledger EVM sidechain, which is currently in DevNet, using evmOS, a modular tech stack built on the Cosmos SDK. XRPL  joins the interchain, an ecosystem of over 90 interconnected blockchains and gains access to all Cosmos SDK chains, opening up access to hundreds of apps for XRP holders. Interoperability will be one of the critical factors that will determine the success of any blockchain network in the future; in this regard, the XRP…

Professor Massimiliano Sala from the Università di Trento warns of the significant risks quantum computers pose to blockchain security. Urgent need for transitioning to quantum-resistant cryptographic systems to protect blockchain infrastructures. In a recent update from Ripple, Professor Massimiliano Sala of the Università di Trento issued a critical warning about the vulnerabilities of current cryptographic systems against the advancing capabilities of quantum computers. This announcement comes in the wake of a report by CNF on a Ripple cybersecurity incident, where…

The post Ripple 2024 Predictions: XRP Sales, Stablecoins, IPOs, and More appeared first on Coinpedia Fintech News Ripple published its official 2024 Q1 report yesterday, marking significant strategic shifts in its journey. Popular Udemy instructor and crypto analyst, the Bearable Bull, upon reading Q1 2024, believes there are 6 possible plans for Ripple, naming the same in his recent X post. Ripple Predictions Pivot from XRP Sales The Bearable Bull suggests that “Ripple is likely beginning to pivot away from…

Ripple released its Q1 2024 report this weekend, showing huge growth with a surging trading volume and on-chain transaction activity. The launch of the AMM positions Ripple as a major contender in the DeFi market, joining Uniswap and PancakeSwap Ripple, the American fintech company behind the cryptocurrency Ripple just released the highly anticipated Q1 2024 earnings. The report exhibits outstanding growth for both XRP  and the XR Ledger (XRPL). According to the report, XRP spot trading funds saw a 40%…

For one crypto whale, the decision to sell their entire Ripple (XRP) bag marks a strategic pivot towards a new opportunity: Retik Finance (RETIK). With plans to accumulate a large position in Retik Finance at its launch on May 21, 2024, at 12 PM UTC on Uniswap and multiple exchanges, this whale investor aims to capitalize on what could be a game-changing project in the decentralized finance (DeFi) space. In this analysis, we explore the journey of this crypto whale,…

As the crypto market anticipates the bull run, Ripple (XRP) and BNB (BNB) are facing a battle to stay afloat of the bear pressure. These top crypto coins have to contend with crucial resistance levels that may determine their next trajectories. Meanwhile, the available on-chain data has given a hint that KangaMoon may be the best new crypto to invest in. The on-chain data suggests that due to KangaMoon attributes, the token is expected to pump massively in the forthcoming…

The post Ripple Labs Reports 108% Surge in XRPL Transactions for Q1 2024 appeared first on Coinpedia Fintech News In the latest report released by Ripple Labs Inc., total XRPL transactions increased by 108%, rising to 251 million from 121 million in Q4 2023. New applications and users drove this impressive growth. Additionally, its volume on the DEX increased by 5% from the previous quarter. Despite these developments, the number of new wallets on the protocol dropped by 11% compared…

In the ongoing legal battle, Ripple aims to protect sensitive operational details and customer privacy, awaiting a decision from the Judge. Additionally, XRP’s price action reflects a pattern of bullish and bearish fractals, with support at $0.48 and resistance at $0.56. Amid the Bitcoin price resurgence, Ripple’s native cryptocurrency XRP has given a strong bounceback in the last three days with its price trading at $0.52. The rise in XRP value mirrored a broader trend across most cryptocurrencies, driven by…