US Exchanges Don't Want to List Ripple, Bloomberg Says

XRP is controlled by one company means, this means that cryptocurrency has at least one sign of a security, so the exchanges can have issues with it
05 April 2018   498

Ripple has one serious problem: the two largest US exchanges refused to list XRP. This is reported by Bloomberg.

Sources, familiar with the situation said that last year Ripple offered Gemini and Coinbase big money for the listing, but they were adamant. The thing is that US regulators are pursuing a policy aimed at preventing the distribution of securities under the guise of cryptocurrencies and digital tokens. The fact that XRP is controlled by one company means that this cryptocurrency has at least one sign of a security, therefore, listing it can lead to serious problems for the exchange.

Last year, the head of Ripple appealed to Gemini with a proposal to conduct a listing of XRP for $ 1 million in Fiat. This was followed by several other proposals with differing conditions, the source said.

During preliminary talks with Coinbase last fall, Ripple suggested to borrow to the exchange over $ 100 million in its own crypto currency, with the prospect of extracting a major benefit from the subsequent growth of the exchange rate.

Both exchanges were forced to refuse Ripple, the source explained.

A spokeswoman for Ripple stated that not all the information provided by the sources corresponded to reality, but refused to say what they had made a mistake.

Among other things, if XRP will still be recognized as a security, exchanges can begin delisting process of the coin.

Ledger Live to be Released

Ledger Live is a complex application that combines the functions of managing a hardware device and digital assets
10 July 2018   234

On Monday, July 9, the release of new software for hardware bitcoin wallets Ledger Nano S and Ledger Blue under the name Ledger Live with support for Windows, Mac and Linux operating systems.

According to the developers, Ledger Live is a complex application that combines the functions of managing a hardware device and digital assets. The new software has replaced many browser extensions based on Chromium.

Installing a new device and connecting an existing account to Ledger Live takes place as quickly as possible. Simultaneously, all crypto-currencies are now available in one account, which eliminates the need for users to use different applications for Bitcoin, Ethereum or Ripple.

It is noteworthy that the user interface provides data on the cost of all crypto assets in real time, and also displays the status of transactions.

The first version of Ledger Live does not support ERC-20 tokens, but the developers have already promised to add this option in the next releases.