⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

Ripple CTO Celebrates 11th XRPL Launch Anniversary

Published 2023-12-03, 06:44 a/m
Ripple CTO Celebrates 11th XRPL Launch Anniversary
XRP/USD
-

U.Today - has taken to the X app (formerly popular microblogging platform Twitter) to make an announcement to the XRP community.

That X post seems to have pleased the XRP army, and Schwartz received a large inflow of positive reactions and congratulations as well.

Ripple CTO celebrating “Rippleversary”

David Schwartz tweeted that this weekend he is going to celebrate his “11 year Rippleversary,” most likely implying that 11 years ago, in 2012, XRP Ledger was launched for the first time.

Then in the same year, OpenCoin was founded, which was soon renamed as Ripple Labs. Schwartz is known to be one of the founders of XRP Ledger and its native cryptocurrency XRP, which later began to be used by Ripple.

The XRP community sent their hearty congratulations and good wishes to the co-founder of XRP Ledger and the current chief technology officer of Ripple Labs.

Ripple locks 800 million XRP back until next release

According to X posts published by Whale Alert, approximately 13 hours ago, Ripple blockchain behemoth made three transfers carrying astonishing XRP chunks of 500,000,000, 200,000,000 and 100,000,000 XRP. They were evaluated at $304,378,440, $121,705,709 and $60,893,306 at the time when those transactions were made.

With these transfers, the blockchain decacorn sent to be locked there. This followed a regular programmed release of a massive 1 billion XRP on Dec. 1.

Whale Alert also spotted an anonymous whale withdrawing a much smaller amount of XRP from an exchange — 17,900,000 XRP worth $10,849,815. It was made from Bitso, a crypto trading platform based in Mexico.

It is a crypto unicorn, the largest crypto exchange in Latin America and also a Ripple partner in its “Ripple Payments” service powered by RippleNet and utilizing XRP. Formerly, it was known as On-Demand Liquidity (ODL), but it has been rebranded recently.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.