Ripple to give out 1 billion XRP in developer grants
The first two waves of the XRPL grant have offered $6 million in funding to 50 open source projects built on the XRP ledger. Ripple, the enterprise payment technology company, plans to give out one billion XRP in grants for developers. The newly announced grant is an extension of the company’s XRPL Grants program launched in 2021.The developer grant would be focused on encouraging open-source projects on the XRP ledger, built for enterprise remittance assistance. Ripple has built a strong foothold in the Asia Pacific region through its XRPL based remittance technology called....
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As part of its ongoing commitment to ecosystem expansion, popular blockchain company Ripple is distributing 1 billion XRP tokens to developers that build on its payment-focused ledger. At the moment, the tokens have a market valuation of nearly $790 million. Late Thursday, XRP price was at $0.795389, with a 24-hour trading volume of $2,416,871,021. The […]
David Schwartz, CTO at payment solution company Ripple, weighted in on Elon Musk’s attempts to buy Twitter. The CEO at Tesla made a bid to take over the social media platform valued at over $40 billion. Related Reading | Ripple Distributes 1 Billion XRP In Developer Grants, As Chief Developer Resigns Musk argues, amongst other things, […]
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to CEO Brad Garlinghouse. He added that despite the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the status of XRP cryptocurrency, Ripple had the best year on record.
Ripple’s $15 Billion Valuation and ‘Best Year on Record’
Ripple CEO Brad Garlinghouse announced via Twitter Wednesday that Ripple has bought back its Series C shares at a $15 billion valuation.
The CEO described that....
Photo by _Mo. Jed McCaleb, co-founder of Ripple Labs (formally OpenCoin), announced on Wednesday that he will be selling the entirety of his XRP holdings, resulting in a 40% loss of exchange value over 24 hours. McCaleb began his message by recounting his history with OpenCoin, and revealing roughly how much XRP he controls, I started working on ripple in the summer of 2011. I soon hired Arthur and David to help me. In 2012, I met Chris Larsen. He joined us about 5 months before ripple was launched. Chris, Arthur and I kept 20 billion XRP, of which 9 billion were mine. We gave the....
Web developer Isaac Miller tells his story on allegedly getting sued by Ripple over a website he created selling fidget spinners. The San Francisco-based fintech firm alleges that Miller had infringed copyright and defrauded its customers. Ripple Sends Cease And Desist Notice Miller recounts what happened by saying several years ago; he noticed that the […]