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The Satoshi Of XRP Returns: Ripple Co-Founder Suddenly Breaks 14-Year Silence

by admin June 24, 2025

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The XRP community is in shock following the emergence of Ripple’s co-founder, Arthur Britto, after a 14-year silence. Britto has been inactive on the X platform over these years but is known to have played a major role in Ripple and the XRP Ledger’s (XRPL) development.

Ripple Co-Founder Makes First-Ever Post On X

Arthur Britto made his first ever post on the X platform on June 23, despite joining the platform in August 2011. His post was simply a blank face emoji, which got the XRP community wondering what it might mean and why exactly the Ripple co-founder has returned now. Britto has cut a mysterious figure, despite co-founding the crypto firm alongside Jed McCaleb and Chris Larsen.

Following Britto’s first X post, Ripple Chief Technology Officer (CTO) David Schwartz confirmed that the Ripple co-founder wasn’t hacked or compromised. Well-known XRP Ledger Validator Vet also replied, saying ‘no way,’ expressing his shock at Britto’s remergence. Meanwhile, Pumpius, a prominent XRP community member, gave an overview of who Britto was.

In an X post, he first declared that the co-founder may be the “most important ghost in crypto history,” putting him ahead of Bitcoin founder Satoshi Nakamoto, who remains a mystery. Pumpius further stated that Britto helped build the XRP Ledger to help create a neutral bridge asset capable of handling global liquidity.

Arthur Britto is also said to have designed the 100 billion XRP supply cap and co-authored the XRP whitepaper before he then disappeared without any trace on social media. Away from Ripple and the XRP Ledger, Pumpius revealed that Britto now runs PolySign. The company is working on building institutional custody, and Ripple allegedly has ties to PolySign.

Community Members Raise Price Angle

XRP community members also related Arthur Britto’s reemergence to the XRP price and what it could mean for the altcoin. Prominent community member Edo Farina said that the co-founder’s post has to be the “moon sign” that XRP holders have been waiting for, indicating that the price might soon surge.

Crypto influencer John Squire highlighted how the co-founder was the same person who once said that XRP was designed to reach $10,000. He then questioned if this was a coincidence or if something big was brewing. Squire went on to answer the question by highlighting how the XRP Ledger has recorded its highest transactions in four months this week.

He added that Britto’s appearance also coincides with “record on-chain volume, Ripple IPO rumors, and pre-bullrun conditions.” Based on this, he declared that the Ripple co-founder’s sudden burst into the scene is “not nothing” but most likely a pattern.

At the time of writing, the XRP price is trading at around $2.19, up over 7% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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June 24, 2025 0 comments

Crypto Trends

Ripple CTO Weighs In on Co-Founder’s Mysterious Return

by admin June 23, 2025

David Schwartz, chief technology officer at Ripple, has confirmed that Arthur Britto, the enigmatic co-creator of the XRP Ledger, has actually posted on social media for the first time in almost 14 years.

As reported by U.Today, Britto sent shockwaves across the cryptocurrency community by posting a mysterious emoji on X (formerly Twitter).

The fact that the account, which was originally created in August 2011, suddenly posted for the first time prompted some social media users to speculate that Britto could have been hacked.

However, Schwartz has clarified that there was no security breach, meaning that the Ripple co-founder himself posted the aforementioned emoji. “Unless, of course, I was hacked too. How deep does this conspiracy go?” the Ripple CTO quipped in a social media post on X.

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Earlier this month, Schwartz confirmed that he was staying in touch with Britto after all these years.

The emoji is believed to be Britto’s first public expression ever. The Ripple co-founder is particularly known for having an extremely private lifestyle (to the point where there is not a single picture of him on social media). There is virtually no available information about him apart from the fact that Britto was a video game designer.

Following his reemergence on social media, Britto’s account is now steadily approaching 30,000 followers. His emoji, which the XRP community is persistently trying to decipher, has now attracted nearly 800,000 views on X. It remains to be seen whether there will be a follow-up post.

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June 23, 2025 0 comments

GameFi Guides

Pro-XRP Lawyer Ends Speculation on Ripple v. SEC Final Verdict Delay

by admin June 23, 2025

There was a lot of speculation about a possible two-year delay in the SEC v. Ripple case, but pro-XRP attorney Bill Morgan has now shut that down. After a post went viral saying the final decision might not be made until late 2026, Morgan said that is not going to happen unless Judge Torres rejects the current joint request.

Morgan says the better outcome is probably going to be that both sides accept the summary judgment, penalty and permanent injunction. There is still a small chance of the settlement breaking down, and then there could be two appeals, but it is not that likely.

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This comes after Ripple and the SEC recently asked for an indicative ruling again, after Judge Torres’s original refusal of the motion back in May. The court is now waiting for an SEC filing that is due by mid-August.

In the meantime, the XRP community is left wondering whether Judge Torres might change any part of her previous decision. This uncertainty led to predictions of a long legal process, including the “late 2026” timeline that Morgan’s comment effectively dismissed as overblown.

What are odds?

Marc Fagel, who used to be the SEC regional director, also had his say last week, offering a more considered opinion. He said it is hard to say whether the judge will change her decision, and that “it could go either way.” But so far, no legal voice has backed the idea of a delay extending into 2026, so it is more of a fringe prediction than a likely path.

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If the court rules in line with what the parties expect, it will then lift the injunction, releasing $50 million to the SEC and returning $75 million to Ripple. Once that is done, the SEC’s appeal and Ripple’s cross-appeal could be thrown out, putting an end to the case that kicked off in December 2020.

In the meantime, the clock is ticking toward August, but not, it seems, toward 2026.

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June 23, 2025 0 comments

NFT Gaming

Ripple Rebounds From Intraday Lows, Forms Bullish Pattern Above Key Support

by admin June 22, 2025

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.

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June 22, 2025 0 comments

NFT Gaming

Ripple CTO: Satoshi Was Bitcoin’s Issuer

by admin June 22, 2025

Ripple CTO David Schwartz has opined that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, was once the issuer of the leading cryptocurrency.

“One could argue Satoshi was once Bitcoin’s issuer,” the executive said.

The reasoning is based on the fact that Satoshi launched the network and mined the early blocks.

Ripple CTO: Satoshi Was Bitcoin’s Issuer

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The Ripple CTO also pointed to the fact that Ethereum, the main altcoin by market cap, had an issuer during its pre-sale.

Is Ripple the “issuer” of XRP?

The comment was made amid a discussion about whether or not Ripple can be considered an issuer of XRP.

Schwartz has reframed the idea of an “issuer” away from who created the token to who supports and structures its financial ecosystem.

This means that the exchanges that provide markets for XRP could be viewed as the token’s main issuers.

If one defines the term “issuer” narrowly (as in “who created the token?”), some might say Ripple could be considered the token’s issuer. However, if one applies a broader definition, the company’s role becomes substantially smaller.

XRP was “literally worthless”

Schwartz also noted that XRP was “literally worthless” at launch. In fact, the prominent Ripple executive was not even certain whether or not the ledgre stream was going to continue.

This essentially means that there was no original intend to create an asset that would hebe markable, and there was no trading ecosystem behind it.

Could Schwartz be Satoshi?

There has been some speculation that the architect behind the XRP Ledger could be the man who started it all. As reported by U.Today, Schwartz previously denied that he is Satoshi.

The prominent Ripple executive claims that he first discovered Bitcoin back in 2011, which happened way after the launch of the original cryptocurrency.

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June 22, 2025 0 comments

Can XRP hit $10 in 2025? Analysts point to potential breakout

GameFi Guides

XRP safe? Ripple lawyer dismisses government seizure claim

by admin June 21, 2025

Ripple’s legal counsel Bill Morgan has dismissed speculation that the U.S. government could seize XRP tokens from the company’s escrow accounts for national reserve purposes.

Morgan’s blunt “No it won’t” response countered analyst John Squire’s claims about potential government confiscation of Ripple’s XRP holdings.

Technical transfer mechanisms exist but face limitations

XRPL validator “Vet” outlined a theoretical mechanism for transferring escrowed XRP to government control without waiting for scheduled releases. The process would involve setting the regular key of XRP escrow accounts to a government-controlled address, enabling complete transfer through a single XRPL transaction.

However, Ripple senior software engineer Mayukha Vadari noted significant limitations with this approach. “Wouldn’t work if you only wanted to do a partial transfer, though — it’s an all-or-nothing solution,” Vadari explained, highlighting the inflexibility of the proposed mechanism.

Correct, every account could only be “transferred” to one address. But there are many accounts out there, instead of one account with many escrows.

— Vet (@Vet_X0) March 3, 2025

SEC settlement process continues

Morgan has provided detailed updates on the SEC v. Ripple settlement negotiations, which began with Ripple signing an agreement on April 23, followed by SEC approval on May 8. The parties have successfully obtained court approval to hold appeals in abeyance through June 16.

The settlement process has encountered procedural complications. Judge Torres initially denied the parties’ first joint motion due to technical errors. A second joint motion addressing Rule 60 requirements was filed on June 12, seeking proper court approval for the settlement terms.

The agreed settlement reduces Ripple’s fine to $50 million and dissolves the injunction against XRP (XRP) sales. Upon completion, both the appeal and cross-appeal will be dismissed, ending the multi-year litigation.

Legal experts note that government seizure of cryptocurrency assets typically requires criminal conduct or national security threats. Ripple’s civil SEC case does not provide grounds for asset forfeiture, as the settlement acknowledges no criminal wrongdoing.

The company’s escrow structure, designed to provide market stability through controlled XRP releases, remains intact throughout the settlement process.

Ripple holds approximately 50 billion XRP in escrow accounts and releases up to 1 billion tokens monthly based on market conditions. This systematic approach has provided predictability for XRP markets and institutional users.

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June 21, 2025 0 comments

GameFi Guides

Ripple Mints 13 Million RLUSD to Compete with USDT and USDC

by admin June 21, 2025

Ripple has minted 13 million RLUSD, taking its stablecoin closer to the $500 million market cap milestone. The transaction was detected on Etherscan and posted by Ripple Stablecoin Tracker on X, indicating that the new tokens were transferred to a familiar liquidity address, alluding to increasing usage.

RLUSD, launched to compete with USDT and USDC, is designed for payments, trading, and on-chain liquidity. This latest mint shows Ripple’s clear push to gain a bigger slice of the stablecoin market. Just two days earlier, Ripple minted another 10 million RLUSD, and now the total market cap has reached $428.7 million.

According to market observers, RLUSD may soon break the half a billion dollar mark within a matter of weeks at the current rate. The achievement of such a level might indicate the increase of trust and potential interest of institutional players.

The on-chain data shows that the RLUSD is distributed well among wallets with no single wallet having an excessive proportion. This proves the fact that RLUSD is gaining momentum in different DeFi platforms and exchanges.

The wallet receiving the 13 million tokens has previously handled similar-sized transactions, suggesting the funds may be heading to centralized exchanges or major DeFi protocols.

Since stablecoins are increasingly becoming a part of the crypto economy, the swift growth of RLUSD by Ripple is an indication of intent. A market cap of 500 million dollars will not be a figure anymore, but it may be the time when RLUSD will be a real contender in the stablecoin world.

Also Read: How the GENIUS Act Could Benefit Ripple’s RLUSD, USDC, USDT

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June 21, 2025 0 comments

NFT Gaming

13 Million RLUSD Tokens Minted by Ripple: Details

by admin June 20, 2025

Blockchain company Ripple has issued an additional 14 million tokens on the Ethereum blockchain, according to a Friday update.

This is the largest number of tokens minted in a single day since Apr. 25, according to Ripple Stablecoin Tracker.

Ripple has so far minted a total of 42 million RLUSD in June. Notably, all of these tokens were created on Ethereum instead of the XRP Ledger.

The total market capitalization of the stablecoin is now approaching $450 million, CoinGecko data shows.

As reported by U.Today, RLUSD expanded its global presence by securing key regulatory approval in Dubai earlier this month.

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Ondo Finance also launched U.S. Treasuries on the XRP Ledger, making it possible for qualified purchasers to mint OUSG with the help of the RLUSD stablecoin.

On top of that, Ripple teamed up with AlchemyPay to expand access to RLUSD by enabling hundreds of fiat payment methods such as Visa and Apple Pay.

Meanwhile, Circle recently announced that USD Coin (USDC), the second-largest stablecoin, had added support for the XRP Ledger.

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June 20, 2025 0 comments

Crypto Trends

Is Ripple Integrated with Fedwire Through ECS Fin? Fact Check

by admin June 20, 2025

A social media post recently stirred buzz about Ripple possibly connecting to Fedwire, the real-time payment system run by the U.S. Federal Reserve. The claim came from crypto researcher SMQKE, who shared two images: one from an ECS Fin datasheet and another from the company’s website, implying that Ripple might be set up for Fedwire interoperability through ECS Fin’s platform.

In the first image, ECS Fin showcases its IMS Payments platform, a comprehensive payments solution used by banks. The platform is built to handle a wide range of messaging standards and payment channels, including SWIFT, Fedwire, ACH, CHIPS, and ISO 20022.

Ripple and blockchain also appear in the list of supported technologies, which led some to believe there may be a deeper connection.

The platform promises to streamline the full transaction lifecycle, validation, routing, compliance, settlement, and reporting, using a modular, microservices-based architecture.

The second image, pulled from ECS Fin’s “Partners” page, mentions the company’s role in supporting the Federal Reserve Banks’ migration to the ISO 20022 messaging standard for the Fedwire Funds Service.

ECS Fin states that it works directly with the Fed and provides FedWire, FedACH, and FedNow solutions to banks and financial institutions.

These references sparked talk that Ripple could be tied to Fedwire through ECS Fin. It sounds logical ECS Fin supports Ripple and works with the Fed, but the link doesn’t hold up on closer look.

Nowhere in the ECS Fin datasheet or on its website is Ripple or XRP mentioned in direct connection with Fedwire. Ripple is listed simply as one of many supported payment technologies within ECS Fin’s broader ecosystem. There is no evidence of interoperability between Ripple and the Fed’s core payment rails.

A user on X (formerly Twitter) also responded to SMQKE’s post, pointing out, “This is incorrect. These rails function independently on their own endpoint within the same system… They are parallel capabilities and not going to be interoperable.”

In short, while ECS Fin supports Ripple and works with the Fed, there is no confirmation, technical or otherwise, that Ripple is interoperable with Fedwire.

Also Read: Federal Reserve Using XRP for All Payments: Fact Check

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June 20, 2025 0 comments

GameFi Guides

Ripple Whale Transfers 26.6M XRP Worth $58M to Coinbase

by admin June 20, 2025

A Ripple whale just transferred 26.6 million XRP, worth around $58 million, to Coinbase, sparking fresh speculation in the crypto market. According to blockchain tracker Whale Alert, the transfer came from an unknown wallet and raised immediate concerns of profit booking and potential sell pressure.

To everyone surprise, the price of XRP remained unchanged. It is holding at the time of reporting at $2.16, which is surprisingly strong given the massive inflow into a centralized exchange.

This kind of whale action is normally a sign of a potential sell-off and this tends to pull prices down. However, this time the market remained calm.

Alva, a crypto analytics platform, said XRP showed “impressive resilience” at a time when other cryptocurrencies were struggling amid heavy liquidations and fears linked to the Israel-Iran tensions.

The responses are divided on social media. Other traders are cautioning that the whale could be about to dump, whereas others are interpreting this as a bullish indicator of increased market maturity. It is thought that the price is being boosted by increasing optimism of a potential spot XRP ETF in the US and massive treasury buying.

The recent rally of XRP contributes to the story. Since November 2024, the token has increased by more than threefold, breaking the $2 threshold, and providing investors with more than 300 percent returns. It has caused a round of profit taking, with Glassnode data indicating that $68.8 million worth of daily profits were realized in early June.

This whale is either selling or not selling, but the price action of XRP is showing that the market is becoming stronger.

Also Read: USDC Now Live on XRP Ledger via Uphold Integration

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June 20, 2025 0 comments