Sentences with phrase «xrp tokens»

Ripple said that Coinbase could later repay the amount either in U.S Dollars or in form of XRP tokens.

One of the major reasons for Ripple's rise to fame as well as its price earlier this year was a rumor which said that Coinbase is likely to list XRP tokens on its exchange.

The simple reason behind Ripple pushing so many efforts was that getting listed on these exchanges would mean a lot of liquidity for the XRP tokens in return.

When the broader cryptocurrency market fluctuated and investors worried about a blockchain bubble destined to burst, Ripple countered by announcing it will hold 55 billion XRP tokens in escrow to protect the currency's long - term liquidity.

Ripple Labs is the company behind the token, formally called XRP tokens.

That's due to the fact that the directors still hold 60 % of all XRP tokens.

For example, when Ripple was started, much of its 80 billion XRP tokens were made universally available through similar means.

The cryptocurrency has also benefited from rumors that Coinbase may soon support XRP tokens, a move that would allow more people to purchase Ripple using fiat money.

Ripple price has received a major boost after the company locked up 55 billion XRP tokens in an escrow...

Given the fact that around 61.4 billion XRP tokens are held by Ripple Labs, it could be said that Ripple is centralized, or at least more so than the majority of other cryptocurrencies.

CoinMarketCap estimates Ripple's XRP tokens sank around 29 percent over the past 24 hours to $ 1.34 per token, a steeper decline than OnChainFX's measurements.

Ripple pre-mined 1 billion XRP tokens and sold it to willing investors for bitcoin or fiat currencies in return.

Of the nearly $ 2 billion in XRP tokens transacted Monday, roughly 55 % were traded using the won, according to CoinMarketCap.

Over the past two months, the blockchain startup is inking key collaborations with many companies for instant global payments services either using the XRP tokens or other specialized technologies.

Ripple donated 29M XRP tokens to DonorsChoose, a non-profit organization that supports the US public schools by attracting financing for classroom projects.

Drawing further skepticism from investors is the fact that the vast majority of XRP tokens are owned by Ripple's parent company, thus making it technically capable of regulating the price of said tokens.

Buying activity has been heavily concentrated in South Korea, where XRP tokens trade at a significant premium.

Coinbase continues to onboard new clientele, but does not currently offer XRP tokens.

At the time of writing, roughly 38.7 billion XRP tokens have been released into circulation.

Ripple prices jumped 60 % yesterday as more than $ 2.0 billion worth of XRP tokens changed hands.

Of the 100 billion XRP tokens in existence, Ripple holds 61 billion of them.

Ripple is known to hold approximately 62 percent of all XRP tokens» supply.

This hardware wallet which has recently rendered its support towards XRP tokens can be carried out anywhere for offering enhanced security.

Yet many bitcoin enthusiasts feel XRP tokens have less potential than the parent company.

The San Francisco startup Ripple was already penalized by the Financial Crimes Enforcement Network for failing to register as a «money service business» and meet these requirements when initially selling its XRP tokens.

CNBC reported fellow cryptocurrency giant Ripple, maker of XRP tokens that are currently estimated to be worth $ 26 billion, may freeze around half of its tokens to protect their scarcity and value.

Second, since Ripple is not a public company — and XRP tokens are not shares — the owners of these digital tokens are not entitled to the company's potential profits.

One can even think of XRP tokens as merely «demo» digital tokens to woo banks.

In other words, investors FOMO - ing into buying up XRP tokens upon every partnership announcement from Ripple could be left holding some hefty bags.

Indeed, after XRP Ledger (then called the Ripple Consensus Ledger) was created, XRP tokens were distributed to users of popular bitcoin forums in what isn't all that different from what's today called an «airdrop.»

Last month, blockchain startup for servicing banks and other financial institutions - R3 - had filed a lawsuit against Ripple Labs claiming that the latter has violated a purchase agreement involving XRP tokens, between the two companies.

The confusion stems from Ripple's treasure trove of XRP tokens.

Last month, blockchain startup for servicing banks and other financial institutions — R3 — had filed a lawsuit against Ripple Labs claiming that the latter has violated a purchase agreement involving XRP tokens, between the two companies.

This hasn't quelled cryptocurrency fans» rush to buy XRP tokens.

Ripple, the San Francisco - based blockchain start - up behind XRP tokens, has a completely different approach compared to its more decentralized cousins.

Abstract: In this piece, we briefly look over the history of Ripple and examine various disputes between the founders and partner companies, typically over control of XRP tokens.

As a non-mined token, the bulk of XRP tokens are concentrated in the hands of Ripple's management.

Chris Kline, COO of BitcoinIRA, said the demand for Ripple's XRP tokens has been «immense,» prompting the addition.

Ripple has mislaid the quarrel with a program association R3HoldCo in a Californian justice over a brawl over tenure of 5 billion XRP tokens owned underneath a partnership agreement.

This be purchased on Binance and it revolutionizes inter-bank transfers through XRP tokens.

McCaleb revealed that he had made a donation to a donor - advised fund worth 2 billion XRP tokens.

Since they have an enormous holding supply, this would only make the price go down unless they choose to buy XRP tokens back, which they haven't shown any intentions to do.

It's not in their best interest for XRP tokens to be worth a lot since that would increase the cost per transaction.

Brad Garlinghouse, the current CEO of Ripple owning a 6.3 % stake in the company has also churned out hefty profit figures courtesy the significant price movement of XRP tokens.

This isn't 100 % confirmed, however as we noticed throughout the press convention, they declare «only NEM was affected», and that assertion leads me to imagine that XRP tokens had been withdrawn by their rightful house owners as a precautionary measurement.

While the platform is powered by Ripple's blockchain technology, it does not require the use of XRP tokens.

Unlike other cryptocurrencies, Ripple's XRP tokens are largely held at the company's San Francisco - based headquarters.

The fund uses Ripple's XRP tokens to pay everything from distributions to salaries.

Larsen's wealth swelled to extravagant proportions when the price of Ripple's XRP token hit an unprecedented high of $ 3.84 per coin Thursday, per data from the industry tracker CoinMarketCap.

Ripple's XRP token traded at about $ 0.69 during Asia afternoon trade on Friday.