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Shortly after the XRPL was launched, McCaleb, Britto and Chris Larsen founded the company Open Coin in September 2012 to operate on the ledger. On September 26, 2013, OpenCoin officially changed its name to Ripple Labs, Inc and was at the time headed by Chris Larsen. Unlike many cryptocurrencies, XRP was pre-mined, with 100 billion tokens ...
That caused a significant decline in XRP's market capitalization and created chaos on the markets. [2] [3] According to Bloomberg, in November 2019, Coinmarketcap introduced a Liquidity metric designed to combat fake trading volume. [4] In April 2020, Binance, a cryptocurrency exchange, acquired Coinmarketcap for an undisclosed amount.
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
Today, XRP has a market cap of $21.6 billion and is the world’s sixth-largest cryptocurrency, according CoinMarketCap, behind these top cryptocurrencies: bitcoin, ethereum, tether, usd coin and bnb.
XRP, the native token of the Ripple payment network, started trading at $0.0058893 in 2013, soared to its all-time high of $3.84 in 2018, but now trades at $0.59.
XRP BFT: No No No Immediate Account-balance Blockchain is known as XRP Ledger. Smart contract capabilities are being added. [26] [27] [28] Stacks? STX Vertcoin: Jan 8, 2014 VTC Hedera Hashgraph? HBAR Yes No Yes Account-balance Uses a directed acyclic graph instead of a chain per se: Zcash: Oct 28, 2016 [4] ZEC PoW: Yes uses zero-knowledge ...
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Circle is a regulated fintech and it’s USDC Cryptocurrency stable coin is a trusted, widely accepted and highly liquid digital dollar; for seamless cross-border payments and real-time settlements. The partnership went live in June 2022, allowing MoneyGram customers in various countries to send and receive payments more efficiently.
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