Ripple co-founder finally empties XRP wallet after 8-year dumping spree

Ripple Refutes Rumors Alleging XRPL Labs Working On A Card Payment System For Xumm Wallet

Sologenic (SOLO) Now First XRPL Token To Be Listed On A Top Exchange

Huobi Global is the first major cryptocurrency exchange to list an XRPL token, and that token is Sologenic (SOLO). The XRP Ledger serves as the foundation for the complex ecosystem that is known as Sologenic.

SEC blocks XRP traders from helping Ripple

The SEC has submitted a petition to the court to block any attempt to testify by XRP holders. The lawsuit between the agency and Ripple has been proceeding, albeit under less scrutiny by the media. However, in a new twist, the commission has prayed the court to cross out XRP holders and lawyer John Deaton from interfering with the case. XRP holders lament the loss of profits In a document submitted to the court by the agency, it prayed the court not to grant over 1,000 holders of the token and Deaton as amici curiae. The word is generally interpreted as friends of the court, meaning those under the category can assist in any case. In this context, the XRP holders and the attorney can provide detailed assistance to the court regarding essential information and insight.

SEC Moves to Disregard Agitations of XRP Holders Aiding Ripple Defense

The SEC submitted an official ‘objection’ document to the United States District Judge SDNY. In the document, the Commission moves against the decision to recognize attorney John E. Deaton alongside 1,746 XRP holders as “amici curiae” or “friends of the court”. This is an individual or organization that is not a party to a case. However, such individuals or organizations can assist a court by providing information, expertise, or insights. In the SEC-Ripple showdown, this implies the provision of relevant data in support of Ripple’s defense.

XRP Worth Millions of Dollars Continue to Flow into Exchanges and Wallets, Now Directly from Ripple Address

Ripple Remittance Technology Launches on Shopify via Airwallex's New Online App

Airwallex joined Ripple's enterprise blockchain network, RippleNet, in 2017, to modernize global payments, leveraging the power of blockchain. The global fintech platform also became a part of RippleNet, adopting blockchain commercially to provide its customers with a unique global payments experience. In other news, African-based Xago recently announced the launch of the British Pound, USD and Circle's USDC on its payment gateway and trade exchange developed on the XRP Ledger, signifying expansion.

Hermez 1.0 is the first-ever decentralised ZK Rollup on the Ethereum mainnet. Polygon Hermez has been busy building Hermez 2.0 -- a ZK implementation of the Ethereum Virtual Machine (EVM) and something that has never been accomplished before. Here is what you can expect from this much-anticipated release.

, is a decentralized Ethereum Layer 2 scalability solution utilising cryptographic zero-knowledge technology to provide validation and fast finality of off-chain transaction computations.

a virtual machine that executes Ethereum transactions in a transparent way, including smart contracts with zero-knowledge-proof validations. Although taking on this revolutionary design approach was a hard decision to make, the objective is to minimise the users and dApps friction when using the solution.

On July 14, crypto analyst Miles Deutscher talked about some of Polygon’s recent partnerships in an interesting Twitter thread:

Also, on July 13, the Polygon team tweeted that its new product, which is expected to be a zkEVM, would be announced soon:

Smart Layer 2 — A solid, scalable, cheap, and decentralized technical infrastructure to act as the transaction layer, which is secure enough for everyone to use, smart enough to support the sudden increase of user flow, and robust enough to run and sustain DApps and the Web3 economy.Reputation Power (RP) — The most fundamental and decentralized identity infrastructure in the Web3 world, to demonstrate each member’s credibility, trustworthiness, level of engagement across multiple chains/ecosystems/metaverses, and their social contribution to specific areas.Decentralized Autonomous Company (DAC) — An individual-centric, decentralized framework to support and facilitate every person’s collaborations in the Web3 world, which will be on-chain, Reputation Power based, and open for community members to co-build and co-govern.

MetisDAO Foundation 2nd Half Year Roadmap 2022