David Schwartz, chief technology officer at Ripple Labs, has published a paper claiming XRP cryptocurrency is actually more decentralized than Ethereum and BTC, in the latest attempt to persuade the skeptics.
A district court in the United States has junked a motion seeking to remand against Ripple Labs and its subsidiary XRP II.
Ripple Labs has been served with yet another lawsuit seeking to have its cryptocurrency, XRP, classified as a security.
Canadian banks Simplii Financial and the Bank of Montreal were on damage control after hackers reportedly bypassed their security and stole the data of tens of thousands of the banks’ clients.
The company, which issues the Ripple (XRP) token, has announced plans to rebrand the XRP token in a bid to establish distance between its corporate identity and the name of the cryptocurrency it issues.
A San Francisco resident has filed a securities class action lawsuit, claiming that Ripple Labs has violated state and federal securities laws whilst engaging in illegal schemes to raise hundreds of millions of dollars through the sale of unregistered XRP tokens.
XRP has been consistently touted as a "crucial link" between banks and the innovative cryptocurrency market, but the coin is reportedly struggling to get listed on two major exchanges in the United States.