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Despite the Ripple’s trouble, XRP Army remains resolute. The community continues to support the cross-border payment firm as the case progresses. Many people, including Ben Armstrong, believe that XRP enthusiasts will reap the reward once Ripple comes out victorious. Ben Armstrong Says XRP Will Make People Rich In a now-viral tweet, Ben Armstrong told his over 790,000 followers that he believes XRP will eventually make its teeming holders rich. https://timestabloid.com/ben-armstrong-xrp-will-make-people-rich/

Eleanor Terrett, a Fox Business journalist has recently questioned the ongoing lawsuit between the United States Securities and Exchange Commission9SEC) and Ripple Labs, the San Francisco-based cross-border payment firm. According to Terrett in a tweet, the digital token XRP was reviewed on 13th June 2018 by the SEC legal team, which was the day before Hinman’s speech about Ethereum security status. The journalist said the legal team came with no recommendation to bring enforcement against Ripple and its executives. This fact left her to ponder on what could have brought about the change in 2 years. According to the Fox Business journalist, the information was got from John Deaton, the founder of Crypto-Law.us. She promised that the issue will be discussed later with another prominent Fox Business Journalist, Charles Gasparino. Eleanor Terrett tweeted, “On the latest ruling in the SEC vs. Ripple case: John E Deaton gave me his biggest takeaways and here’s what I find the most interesting: On June 13th 2018, the day before the Hinman speech, the SEC legal team reviewed whether XRP was a security in a legal memo and did not recommend bringing any enforcement action against Ripple or its executives. This shows SEC lawyers did NOT think it was unequivocal that XRP was a security. So what changed in two years?” https://timestabloid.com/xrp-was-deemed-not-a-security-by-sec-legal-team-in-2018/

Binance, the largest crypto exchange by trading volume, has announced that it has completed the integration of Wrapped XRP and had opened deposits for wXRP on Ethereum (ERC). In the report, users were urged to find their assigned XRP deposit addresses on the Ethereum Network (ERC20) within the Deposit Crypto page. Why This New Integration Is Important Back in October 2021, Wrapped in collaboration with Hong Kong-based crypto custodian Hex Trust, announced that Wrapped XRP (wXRP), a digital asset backed 1:1 by XRP, will make the cross-chain jump into Ethereum-based decentralized finance (DeFi) starting in December 2021. According to Mason Borda, CEO of Tokensoft, the driving force behind Wrapped, the new connectivity for XRP holders will allow access to various DeFi applications, such as lending and borrowing, among others. In an interview, Mason Borda noted: “We do a lot of these wrapped tokens, but we just think this wrapped XRP asset is going to be huge. It’s a top ten digital asset and has one of the biggest communities in crypto.” https://timestabloid.com/binance-completes-the-integration-of-wrapped-xrp-wxrp-heres-why-this-is-important/

XUMM, a noncustodial wallet by XRPL Labs, has just sealed a partnership that will ease the money transfer process for XRP Ledger users. According to the official joint announcement, XUMM, a mainstream retail wallet for XRP token and assets issued on XRP Ledger distributed network, has integrated FIO Send, a crucial function of the Foundation for Interwallet Operability (FIO) ecosystem. The new development implies that over half a million XUMM users will be able to send and receive money via XUMM’s new function. With FIO Send, crypto users can replace their cumbersome auto-generated addresses with human-readable handles. The integration enables users to choose the FIO Crypto Handle in the format of alice@website or satoshinakamoto@xumm. FIO Protocol tweeted, “We’re thrilled to announce XUMM is integrating FIO Send, a core feature of FIO Protocol, to bring better usability to their 500,000 global users! XUMM is one of the top non-custodial wallets to manage/use your XRP & any other issued token on the XRP Ledger!” https://timestabloid.com/heres-how-to-send-xrp-to-human-readable-addresses-via-a-new-xumm-integration/

John Deaton, the founder of CryptoLaw, a platform based on United States legal and regulatory news for digital asset holders, who launched Connect to Congress in 2021 to help retail holders make themselves heard, has questioned the U.S. Securities and Exchange Commission (SEC) for targeting XRP while Ethereum (ETH) is given a free pass. It can be recalled that in December 2020, the SEC sued Ripple, the San Francisco-based blockchain payments firm, for illegal sales of XRP deemed as an unregistered security for relatively seven years. In a series of tweets on 11th January, John Deaton, who has been showcasing his support for the XRP Army since the start of the lawsuit, stated that the case is a direct attack on XRP and its teeming community members. He said since Connect to Congress was launched, over 11,000 messages have been sent to every sitting member of Congress, stating that the move is paying off as many of them have started to pay attention. John Deaton noted: “I believe what we need now is a focused action to help get answers about the glaring improprieties by the SEC that we’ve uncovered together, and that I’ve laid out on CryptoLaw.” About targeting XRP, Deaton said, “The alarming evidence demonstrating serious conflicts of interest serve as the background for the attack on XRP. That attack and the ETH free pass cannot be ignored. It’s too obvious, too troubling and can’t just live on social media alone. We need real action.” https://timestabloid.com/cryptolaw-founder-john-deaton-questions-sec-for-targeting-xrp-while-ethereum-eth-is-given-free-pass/

The world’s leading payment processing firm, Visa, has completed the acquisition of Ripple partner CurrencyCloud in a whopping deal worth $925 million. CurrencyCloud is a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. Currencycloud’s cloud-based platform already supports over 500 banking and technology clients with reach in over 180 countries and will continue to serve and support its customers and partners across the industry. According to a press release on 20th December, the acquisition will empower Visa and CurrencyCloud clients and partners to provide enhanced transparency, flexibility, and control for customers and businesses when initiating international payments. The report added that the existing partnership between the two payment networks is the foundation of the latest acquisition. It’s worthy of note that CurrencyCloud sealed a partnership with Ripple, the San Francisco-based cross-border payments firm, back in 2020. The partnership is focused on processing cross-border payments on RippleNet. https://timestabloid.com/visa-acquires-ripple-partner-currencycloud-in-a-whopping-deal-worth-925-million/

David Schwartz, the chief technical officer at Ripple, has mocked the hottest meme token in the market, Shiba Inu (SHIB), for its massive supply. After a massive rise in price, little-known Shiba Inu (SHIB) became a coin of interest for investors and traders. Despite its chart-topping performance, it’s worth noting that the crypto’s massive supply still remains a top issue... https://timestabloid.com/ripple-cto-david-schwartz-taunts-shiba-inu-shib-for-its-massive-supply/

Raoul Pal, the chief executive officer of Real Vision, has recently shared the reason for holding Ripple’s digital token XRP and his opinion on the risk/reward ratio of the digital currency. In an interview with Thinking Crypto, the former Goldman Sachs executive revealed that he bought a position in XRP about a year ago. He then pointed out that the primary reason for making the purchase was the lawsuit filed against Ripple by the United States Securities and Exchange Commission (SEC). Raoul Pal noted: “I bought it for the reason that A) It does have use cases and it is being used, and The court case is a phenomenal risk/reward. “It got heavily discounted in the price, and then I looked at it and thought, ‘Well, what’s it going to do? Fall 100% from here to zero? But if it gets solved, it’s [up] 10x.’ And I’m like, ‘Well that’s a no-brainer.’ Why would you not take a 10-1 risk/reward that has a catalyst around it?” https://timestabloid.com/real-vision-ceo-raoul-pal-gives-reasons-for-holding-xrp/

Brian Armstrong, the CEO of the largest US-based crypto exchange, Coinbase, has recently showcased support for Ripple, the San Francisco-based cross-border payment firm, and its digital token XRP, amidst the legal tussle with the United States Securities and Exchange Commission (SEC). In a tweet on 26th October, Armstrong stated that the case between Ripple and SEC seems to be going better than expected, stressing that the regulator is starting to realize that any rule against crypto is an indirect attack on consumers... https://timestabloid.com/coinbase-ceo-brian-armstrong-ripples-case-seems-to-be-going-better-than-expected/

https://timestabloid.com/brad-garlinghouse-says-ripple-would-settle-with-u-s-sec-on-one-condition/

https://timestabloid.com/ripples-brad-garlinghouse-welcomes-brian-armstrong-to-the-party-as-sec-threatens-to-sue-coinbase/

https://timestabloid.com/judge-orders-ripple-to-produce-1000000-missing-slack-messages-as-requested-by-sec/

https://timestabloid.com/david-schwartz-on-why-ripple-chose-not-to-pressure-customers-on-ripplenet-to-use-xrp/

https://timestabloid.com/credible-crypto-xrp-is-destined-to-reach-somewhere-between-20-and-30-in-this-bull-cycle/

https://markettabloid.com/flare-networks-is-set-to-airdrop-another-token-to-xrp-holders-who-are-those-eligible-details/