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2022-05-28 20:34:02 Ripple Plans to Explore IPO Possibilities

Ripple, one of the biggest blockchain and crypto solutions providers in the world, is planning to explore the initial public offering (IPO) opportunities after the end of the lawsuit from the US Securities and Exchange Commission (SEC).

Brad Garlinghouse, the Chief Executive Officer of Ripple, told CNBC that the company wants clarity in the US with the SEC. He added that Ripple witnessed strong demand for its products and services across the world.“But you know, we certainly are at a point, where that (IPO) is a possibility. And, we’ll look at that once we’re past this lawsuit with the SEC,” the CEO of Ripple added.

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2022-05-27 16:43:02 Cardano Reaches Another Interoperability Milestone, New Ethereum-Cardano Bridge Goes Live

Cardano has hit another interoperability milestone as the Iagon Ethereum-Cardano token bridge goes live in beta version.In late April, Iagon, a decentralized cloud computing platform, announced its migration from the Ethereum blockchain to Cardano.

Following that, it announced that it had migrated 50% of its token supply from Ethereum to Cardano, totaling 500 million IAG tokens.As explained by the IAGON team, the purpose-made token bridge was built to enable the conversion of ERC-20 IAG tokens to CNT IAG tokens, so the tokens on the different blockchains (Ethereum and Cardano) can interact.The new bridge relies on solutions provided by Milkomeda, a Layer 2 protocol, and Nomad protocol. Iagon also hinted at a plan to include support for other ERC20 projects, if allowed.

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2022-05-26 14:15:03 Crypto firm Ripple will explore IPO after SEC lawsuit ends, CEO says

DAVOS, Switzerland — Ripple will explore the possibility of an initial public offering once its lawsuit with the U.S. Securities and Exchange Commission has ended, CEO Brad Garlinghouse told CNBC.The company uses XRP, the world’s sixth-largest cryptocurrency, to facilitate cross-border payments. Effectively, fiat is converted to XRP which lowers the cost and increases the speed of the transaction. The XRP is then converted back to fiat.

But the SEC alleges Ripple, Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales of XRP. Ripple has argued that the digital coin should not be treated as a security, a designation that would bring it under much stricter regulatory scrutiny.“I think we want to get certainty and clarity in the United States with the U.S. SEC.

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2022-05-25 13:11:02 Cardano’s [ADA] trading takeaway ahead of Vasil hard fork

With some coins and tokens swimming in the red while others are still green, it can be hard to find your bearings and know when the tide might turn next. To that end, here are what the signs had to say about Cardano [ADA].At press time, ADA was trading at $0.5219 after slipping by 3.60% in the past day and falling by 8.82% in the past week.

However, there’s more to an asset’s performance than just its price and flows. Data from Santiment showed that Cardano’s development activity has been down since the beginning of May. Though there was some recovery from the middle of the month, the metric is still a long way down from the highs seen in late 2021. On the other hand, Cardano’s price indicators painted a more encouraging picture. The Bollinger Bands showed narrowing bands, signaling that volatility could be reducing. Furthermore.

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2022-05-24 19:12:02 Ripple CEO reveals he visited SEC several times before lawsuit struck

Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion at the WEF 2022.Brad Garlinghouse, the CEO of cross-border payments company Ripple, spoke during a panel discussion Monday at the World Economic Forum in Davos, Switzerland.

Garlinghouse, who also occupies a role as a member of the company’s board of directors, commented on a wide range of topics, most notably the current status of regulation in the United States versus G20 nations. Emphasising the prudent necessity for regulatory frameworks which serve integral principles of “clarity and certainty", Garlinghouse stated his belief that.Later in the conversation, Garlinghouse revealed that he personally went to the U.S. Securities and Exchange Commission (SEC) office "four or five times in the years leading up to their decision to file a lawsuit.

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2022-05-24 10:44:50 CRO|ADA|XRP Updates pinned « Daily News Cronos #CRO Cardano #ADA Ripple #XRP Telegram contact: @PedroBAYC @Cronos_Cardano_Ripple» Open / Comment

2022-05-24 10:44:48 Daily News

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2022-05-23 11:19:02 Ripple sets up a $100M fund to boost carbon removal

Ripple, a blockchain company, committed to transforming the digital payments sector, has issued a $100 million fund. The fund will boost carbon removal and support the modernization of these kinds of markets using investments secured from innovative carbon-removal technology.

Ripple’s Chief Executive Officer, Brad Garlinghouse, said, “Our $100 million commitment is a direct response to the global call to action for companies to help address climate change by deploying resources, including innovative technology, strategic capital, and talent. While reducing emissions and transitioning to a low-carbon future are paramount.

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2022-05-22 11:27:02 Ripple To Fund The Acceleration Of Global Carbon Markets; Dedicates $100M

Ripple, the crypto solutions company shall commit $100M for the goal of carbon removal by investing in climate oriented fintech companies.The blockchain-based payments network has aimed to facilitate the acceleration of carbon removal technology in order to bring about modernization of the carbon markets.

Carbon markets will let companies and individuals trade carbon credits for offsetting CO2 emissions that some companies haven’t found a way to bypass yet.According to reports, these funds will be directed towards Ripple’s portfolio of programs helping it become net zero by 2030.Along with the same, the fund will support the new functionality and developer tools that will empower carbon credit tokenisation as non-fungible tokens (NFTs) on XRP ledger.CEO Brad Garlinghouse, stated that this move by Ripple Labs.

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2022-05-21 12:29:02 Cardano accelerator program Genius X ISPO nets $105 million in ADA

Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO.Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO).

This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its ISPO on May 10, with over 14,500 delegators staking 270 million Cardano (ADA) across four official stake pools, making it one of the biggest ISPOs within the Cardano ecosystem.Genius Yield is a Cardano-based decentralized finance (DeFi) protocol that features a decentralized exchange with an order book. It integrates a liquidity provision model, which aims to mitigate market risk and eliminate impermanent loss.

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