Ripple Locks Away 800 Million XRP In Escrow, Impact On Price?

Ripple Locks Away 800 Million XRP In Escrow, Impact On Price?

[ad_1] Ripple Labs, a leading American-based payment firm has locked away a substantial amount of XRP tokens in its escrow wallet as part of its monthly unlock program to help bolster its ecosystem and XRP. Ripple Takes Back 800 Million XRP  A recent report from on-chain tracker Whale Alert revealed that Ripple took back about … Read more

Was 50% Of XRP Supply Sent To Bitfinex? Separating Facts From Fiction

Was 50% Of XRP Supply Sent To Bitfinex? Separating Facts From Fiction

[ad_1] A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex. Were … Read more