ripple – WAF – What a Faucet

Ripple Labs Taps BNY Mellon for RLUSD Reserves Custody

Blockchain payments firm Ripple Labs XRP $2.41 24h volatility: 4.7% Market cap: $142.55 B Vol. 24h: $4.35 B has selected BNY Mellon to manage the reserves backing its stablecoin, RLUSD. This move is expected to help Ripple meet regulatory standards and attract more confidence from big companies and institutions. BNY Mellon to Safeguard RLUSD Reserves…

Ripple vs. SEC: Parties Want Continued Pause of Appeals

Ripple Labs and the United States Securities and Exchange Commission (SEC) have decided to hold off on appeals for now. To this end, they have written a joint status report to the United States Court of Appeals for the Second Circuit. Both parties recently requested that District Judge Analisa Torres amend the final ruling. This…

Ripple Labs Releases $2.2 Billion in XRP From Escrow In New Schedule

Ripple Labs has released 1 billion XRP BTC $103 271 24h volatility: 1.8% Market cap: $2.05 T Vol. 24h: $26.23 B from escrow, valued at approximately $2.2 billion. This time, the release did not occur on the first day of the month, breaking from its usual routine. The change marks a continuing shift in the…

SEC-Ripple Lawsuit: Why June 16 Deadline Is Important for XRP Holders?

The ongoing Ripple lawsuit with the US Securities and Exchange Commission (SEC) is approaching a critical deadline on June 16, wherein SEC’s 60-day window will expire to update the US Court of Appeals. Previously, the deadline was set in April, however, following the joint request from both parties, the Second Circuit Court of Appeals agreed…

Ripple CTO Breaks Silence on Controversial TRUMP Wallet

David Schwartz, Chief Technology Officer at blockchain payments firm Ripple Labs Inc., disagrees with the narrative that President Donald Trump and his sons have no involvement with the new TRUMP Wallet generating attention. On June 4, he took to X to highlight the apparent connection between these parties, emphasizing that it is unlikely the Trump…