Ripple Potentially Sped Up its XRP Distribution Timeline by 21 Years: Crypto Researchers

2019-5-18 22:52

By CCN: CoinMetrics, a firm that analyzes blockchain data for crypto investors, published a bombshell report this week which tells the story of how Ripple Labs has allegedly misrepresented its escrow system.

Ripple has effectively misrepresented the amount of XRP transferred back to escrow at least twice. More importantly, the bank-friendly cryptocurrency’s escrow process diverges significantly from the way it was presented initially. Ripple Escrow System: Not Working As Advertised Ripple is supposed to take 1 billion XRP out of its fund every month, liquidate what it needs, and return the remainder to escrow. The recovered funds are supposed to

The post Ripple Potentially Sped Up its XRP Distribution Timeline by 21 Years: Crypto Researchers appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0092754 (-100%)

ripple escrow xrp crypto misrepresented system supposed

ripple escrow → Результатов: 32


Something is Wrong With Ripple’s XRP Escrow Reporting

Blockchain analysis and data firm, Coin metrics, has published a report that claims Ripple’s reports on their escrow service for XRP should probably be taken with a pinch of salt. This is because it found a few significant inconsistencies between the actual information found on the XRP ledger and what Ripple reports as the specifics […] The post Something is Wrong With Ripple’s XRP Escrow Reporting appeared first on ZyCrypto.

2019-5-18 08:42


Coin Metrics Research Reveals Contradictions Between Ripple’s Escrow System Report and Reality

A company focused on blockchain analysis called Coin Metrics has recently found some discrepancies in how Ripple reports its escrow system. According to the company, which also analyzes several other tokens, they were investigating Ripple and ended up discovering that there were some evident contradictions in their system. For instance, the report found that what […]

2019-5-17 21:52


На эскроу-счете Ripple разморожены 1 млрд токенов XRP

Калифорнийский финтех-стартап Ripple высвободил со счета условного депонирования 1 млрд монет XRP на сумму $308,89 млн. 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 🔓 1,000,000,000 #XRP (308,891,433 USD) unlocked from escrow at Ripple Escrow wallet Tx: https://t.

2019-5-1 17:49


Ripple’s Q1 report called out by Messari Crypto Founder over manipulation of facts

Users, especially the ‘XRP Army,’ have always been excited about being notified about Ripple and news about its tie-ups and developments. The latest development out of Ripple’s stables is its Q1 report for 2019, which provided insight into the amount of XRP taken out from the escrow account and an overall overview of the company’s […] The post Ripple’s Q1 report called out by Messari Crypto Founder over manipulation of facts appeared first on AMBCrypto.

2019-4-25 16:00


Q1 2019 XRP Markets Report

Ripple sold $169.42 million of XRP in Q1 2019 Ripple’s Q1 sales accounted for 0.32 percent of global XRP volume Three billion XRP were released out of cryptographic escrow, 2.30 billion returned to escrow XRP is now listed on approximately 120 exchanges worldwide   Sales Summary (dollars in millions) Q4 2018 Q1 2019 Institutional direct … Continued The post Q1 2019 XRP Markets Report appeared first on Ripple.

2019-4-25 19:00