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Ripple Labs is reportedly preparing to raise at least $1 billion to accumulate XRP, the digital asset that powers its global payment network. The move, which may be executed through a special purpose acquisition company (SPAC), marks one of Ripple’s biggest commitments to date toward strengthening i…
After a week of speculation in the XRP community, Ripple has confirmed its August token release, unlocking 1 billion XRP from escrow on August 9. The move quashes rumors that this month might pass without an unlock, something that hasn’t happened since the escrow program began in late 2017. With its…
Ripple has just locked up 700 million XRP in escrow, worth over $2 billion, in three back-to-back transactions. Is this just their monthly XRP shuffle? Nope. It’s part of a bigger strategy Ripple seems to be quietly building behind the scenes, and the timing says a lot.Here are the details you can’t…
Fresh speculation about the U.S. government’s interest in Ripple’s XRP escrow is stirring debate across the crypto space, but Ripple-affiliated lawyer Bill Morgan has stepped in to squash the noise over Ripple’s XRP escrow for the national reserve. As rumors spread about the possible use of XRP in A…