Tag: Jed McCaleb

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What Is Ripple?

Ripple, one of the financially strongest companies in the entire crypto sector, blends traditional banking and finance with digital assets. This comprehensive analysis addresses the question “What is Ripple?” and looks at its origins, technological advances and products, market dynamics, a potential IPO, and the ongoing legal battle with the US Securities and Exchange Commission…
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Ripple co-founder Jed McCaleb adds space station-building to resume

Stellar’s CTO and co-founder is now building a team of industry experts and engineers to pioneer a new frontier of space exploration. Blockchain technology pioneer Jed McCaleb is shifting some of his focus to a new frontier, space. The prominent crypto billionaire announced the launch of his new venture “Vast” on Sept. 12, which is…
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Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy

Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a…
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Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years

Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored…
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Jed McCaleb’s Ripple Stash Down to 81 Million — Co-Founder’s XRP Cache Likely to Dry Up This Year

After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left.…
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Ripple co-founder Jed McCaleb sold $400 million worth of XRP in 2020

Ripple co-founder Jed McCaleb appears to have enjoyed a prosperous 2020, having sold more than $400 million worth of XRP over the last 12 months. Stellar CTO and Ripple architect Jed McCaleb cashed out a whopping $411 million in XRP in 2020, according to an updated report from blockchain analytics account Whale Alert.  McCaleb sold…
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Grayscale reportedly dumps massive stakes in XRP, XLM (Updated 12/31/2020)

The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Update 12.31.2020 at 15:49 ET. Grayscale has clarified to Cointelegraph that despite the data set published by Bybt on Dec. 30, the fund has not liquidated positions in XRP or XLM. Grayscale’s commentary is available here. Grayscale Investments, the world’s largest digital asset…
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Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April

Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity. Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30.  According to a May 2 report by TheCryptoAssociate based on data…
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Ripple Co-founder Jed McCaleb Sold a Billion XRP and Has 4.7B Left

Ripple co-founder Jed McCaleb has sold more than a billion XRP so far and has another 4.7 billion left to sell, according to a new analysis. Analysis by blockchain monitor Whale Alert suggests that Ripple co-founder Jed McCaleb sold off more than one billion XRP between 2014 and 2019. In a Medium post published on…
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