Ripple Ecosystem Gets 1 Billion XRP also Bitcoin and Crypto Adoption in 2022 HEATED DEBATE
Elizabeth Warren Questions Crypto in Congressional Hearing
we've actually got software that allows you don't think chain hopping makes it any easier to hide your money how about depositing tokens in wallets that don't require identifying information?
you can always
split the money up into wallets that don't require
that would
help hide the money and how about using them?
that doesn't remove the record of where the
money actually?
US senator Elizabeth warren at a congressional
hearing yesterday talking all about cryptocurrency watch this clip of Jonathan Levin
co-founder of chain analysis heavily respected analytics and software platform
and crypto trying to answer senator warren's questions about a hypothetical
oligarch with one billion dollars already in crypto this gets heated notice how
friendly and transparent Jonathan is aiming to be and then notice how combative
senator Elizabeth warren is this is about a two-minute clip watch this
next up let's talk about XRP
ripple to give out 1 billion XRP in developer grants
so a lot of building is potentially about to take place on the XRP ledger
the newly announced grant is an extension of the company's XRPL grants program which was launched last year in 2021
the developer grant would be focused on encouraging open source projects on the xrp ledger built for enterprise remittance assistance and they are dedicating 1 billion XRP to fund this to make this happen according to the current Ripple price the total value of that grant is about 794 million dollars worth of XRP
out of which the firm has already awarded a total of 6 million in funding to over 50 projects to date the firm also offers financial technology and business assistance to developers looking to build on XRPL
so 6 million down over 700 million to go and this funding ripple's new developer grant will be released over the course of the next decade
the firm has also committed to conducting a number of boot camps to encourage non-board developers and the first two waves of the XRPL grant were focused on the non-fungible token space as well as federated side chains
while the third wave aims to onboard open-source projects on its ledger
so if you like XRP this is a huge fundamental green flag of their major investment into their ecosystem
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