Ripple Validator Addresses XRP Price Crash, Here’s What’s Really Happening
The XRP price crash this week has stirred up a lot of discussion in the crypto community, eliciting mixed reactions from key players and the broader crypto community. While XRP’s decline is undeniable, a prominent validator within the ecosystem has weighed in on the situation, arguing that the price decline is part of a larger […]
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With the second half of the month of October underway, the crypto market has now turned its attention toward Ripple and its native XRP token. A number of important events await Ripple and XRP, starting from next week. These developments could be incredibly bullish for the altcoin’s price, triggering a run that many have expected […]
The legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) is taking major steps towards a final ruling after almost two years now. As Bitcoinist reported, Ripple Labs already published its brief rejecting a summary judgment on Friday. Shortly thereafter, the SEC followed suit with its judicial adversary. Both briefs are only […]
Blockchain research is an important area of research and development these days. Now MIT has announced they will advance their blockchain research by running a validator for the Ripple Consensus Ledger. Most digital currency enthusiasts will know the name Ripple, as this company has been focusing on the development of blockchain technology for financial....
The firm emphasized that its rather large XRP ownership is decreasing and that it only “operates 4 out of 130+ validator nodes on the XRPL.” Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history. Ripple has faced criticism in the past by some that have raised questions over the firm’s significantly large ownership of XRP tokens, arguing that it gives the company centralized control over its XRP Ledger (XRPL). In a Q3 report published on Oct. 27, Ripple once again refuted that criticism, while also pointing out....
It began with nine CGI employees holed up at Ripple's San Francisco headquarters. Spread out in two separate rooms, the team of engineers, developers, architects, testers and analysts worked side-by-side with the distributed ledger startup's staff for a week to integrate Ripple's DLT solutions into its infrastructure. And that was just the beginning of work that culminated at Sibos with the launch of CGI's new Ripple validator node. Revealed on Tuesday in Geneva, the validator node gives the $14.1bn company a firsthand look into how a live distributed ledger network operates, offering a....