David Schwartz, Ripple's former CTO, publicly criticized the idea of treating XRP-related meme coins as serious investments, calling it 'distasteful.' His comments came after rumors linked him to the FUZZY memecoin, which he clarified was only a technical wallet test and not an endorsement. Schwartz emphasized that meme coins lack intrinsic value and are driven by speculative hope, warning investors against building portfolios around them. He supports meme coins as internet humor but rejects their use as investment assets due to the risk of scams and misleading hype.
On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...
The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold ...
Ripple CEO Brad Garlinghouse highlighted the Dutch central bank's recent transfer of 86 tonnes of gold to illustrate how traditional financial systems rely heavily on physical location and custody, causing delays. He argued that cryptocurrencies offe...
Bitcoin briefly rose above $80,000 but fell back below $79,000, maintaining a market cap near $1.6 trillion. Ethereum stayed under $2,500, while XRP hovered near $1.40. Several altcoins like Chainlink, TAO, and Worldcoin posted notable gains, with TA...
Ripple transferred 1.36 million RLUSD from the XRP Ledger to Ethereum, increasing Ethereum's RLUSD supply lead to about $350 million. Ethereum now holds roughly 57.3% of the total RLUSD supply, valued at $1.38 billion, compared to $1.03 billion on XR...
