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A judge imposed a small-than-expected $125 million fine on Ripple, the company that operates XRP. But the SEC wasn't happy with that ruling, and the agency recently filed a notice of appeal .
On Saturday, XRP saw its open interest surge to a record high. This move comes amid a continuation of strong momentum in the crypto sector, as investors price in a much more favorable regulatory ...
The good news is that Ripple has capped XRP's supply at 100 billion tokens. On the demand side, Ripple's adoption will ultimately determine its success and XRP's investment potential.
In April 2012, Garlinghouse joined the board of video startup Animoto. [5] He joined Hightail and served as its CEO until September 2014, leaving after a disagreement with the board regarding company direction. [7] Garlinghouse joined Ripple as COO in April 2015, reporting to then CEO and co-founder Chris Larsen.
The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
The firm funds accepted startups with up to US$50,000 (equivalent to $64,352 in 2023) in XRP, Ripple's native currency, in exchange for a 3% to 6% stake in diluted common stock. Mentorship and support is provided by CrossCoin and Ripple Labs, Inc. [17] Ripple also developed early partnerships with companies such as ZipZap. [18] [19]
Ripple distributes all the XRP tokens on a timed, pre-determined schedule. That said, the cap is a staggering 100 billion, and only half are currently in circulation.
YouTube Live was a 2008 event streamed live on the Internet from San Francisco and Tokyo. It was launched November 22–23, 2008. It was hosted by a variety of YouTube celebrities, including The Black Eyed Peas rapper will.i.am, Tom Dickson of Will It Blend, Michael Buckley, The Happy Tree Friends, Fred, Smosh, Esmée Denters, Bo Burnham and singer Katy Perry among others. [1]