Tag: Ripple

XRP Ledger Smart Contract Network Enters Public Open Beta

Evernode is a layer-2 smart contract network proposed by Scott Chamberlain and Richard Holland. Chamberlain is an entrepreneurial fellow at the Australian National University College of Law (ANU), a recipient of a grant by Ripple’s University Blockchain Research Initiative. Using the funding from Ripple, ANU launched courses exploring legal issues with the application of smart

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Popular XRP Wallet Set to Offer Integrated Fiat On and Off-ramps

XUMM seems set to launch integrated fiat on and off-ramps. XUMM is a non-custodial XRP wallet. It also features native access to tokens and web apps called xApps. The pro version has an optional KYC process native to the XUMM app. XUMM’s support documentation indicated that this KYC process was for a yet-to-be-implemented fiat on/off-ramp.

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Ripple Hints at Ethereum Virtual Machine Powered Sidechains

RippleX software engineer Mayukha Vadari hinted that Ripple was working on Ethereum Virtual Machine powered sidechains during a recent Ripple Drop episode: “We’re also working on EVM-based sidechains that will allow people to basically use solidity smart contracts but still within the XRP ledger ecosystem.” “We’re working on adding support for sidechains to the XRP

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MoneyGram Files Motion to Seal Portions of a Deposition Transcript in Ripple-SEC Lawsuit

brown wooden gavel on brown wooden table

Popular payment provider MoneyGram filed an unopposed motion to seal a few lines from a deposition transcript of a MoneyGram Officer filed during the Ripple v. SEC lawsuit. The payment giant argues that the deposition contains highly confidential business information and, as such, the court should move to protect the privacy interests of innocent third

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Buyer Beware: NFT Gaming Projects Flock to the XRPL

woman using virtual reality goggles

VerseX is an XRPL-powered Metaverse shopping, social, and gaming platform. It features a virtual-reality mall and integrated play-to-earn activities. The platform has two main tokens. $XVR is the platform’s native currency and governance token. And $XMEN (which definitely won’t ruffle feathers at Marvel) is the platform’s early investor token. Despite my repeated insistence on Twitter,

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Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Grills SEC Enforcement Director

brown wooden table inside the building

American oversight committees are interesting expressions of state power. The committee room is filled with rows of seats cascading upwards with the representatives seated at the highest point and the subject, in this case, the Director of the SEC’s Division of Enforcement, Gurbir Grewal, placed far beneath them so that he must constantly look upwards

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xSPECTAR Aims to Bring the Metaverse to the XRPL

black car steering wheel and interior during night time

NFT projects have increasingly latched on to the nebulous concept of the metaverse to justify expansive token monetization efforts. But what exactly is the metaverse? Vice described it as a 3D model of the internet — a virtual reality powered digital world operating in parallel to the physical one. The Facebook metaverse project, Horizon Worlds,

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Ripple’s Gaming Juggernaut

a woman playing a video game

Ripple’s blockchain investment wing has funded some promising projects over the years, but the one that I’m most excited about is Forte. Forte is a blockchain-based gaming marketplace that allows developers to integrate decentralized marketplace features into their emergent gameplay experiences. Back in 2020, Forte announced a partnership with the Will Wright chaired Gallium Studios.

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The SEC’s Ripple Lawsuit Reeks of Regulatory Capture

small judge gavel placed on table near folders

When I was a student at university, my International Relations professor told us a story about corruption in the Soviet Union. When he was young, he visited the Soviet Republic and wound up getting arrested and spending time in a Soviet holding cell. One of the guards demanded a bribe and promised they’d be released

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