Ripple CTO Resigns, XRP Bear Destroyed After Massive Short, Bitcoin (BTC) Price to $150,000 — Crypto News Digest
The post Ripple CTO Resigns, XRP Bear Destroyed After Massive Short, Bitcoin (BTC) Price to $150,000 — Crypto News Digest appeared on BitcoinEthereumNews.com. David Schwartz to step down as Ripple CTO after 13 years Ripple CTO has announced that he will step down from his role at the end of the year. Big announcement. Ripple CTO David Schwartz revealed he will step down from his role at the end of 2025, ending a 13-year tenure at the company. David Schwartz has announced that he will step down as Ripple’s chief technology officer at the end of the year after more than 13 years at the company. “The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside,” he said. Schwartz has confirmed that he is not breaking ties with Ripple. In fact, he will be joining the company’s board of directors. He will also remain involved as CTO Emeritus. Legacy. Recognized as architect of the XRP Ledger (XRPL), designed to tackle financial system inefficiencies and blockchain scalability. Schwartz was appointed as the company’s CTO back in July 2018. Before him, this role was held by Coil CEO Stefan Thomas and Ripple/Stellar co-founder Jed McCaleb. He has always been regarded as a pivotal figure within the XRP community given that he is the architect behind the XRP Ledger (XRPL). He is one of the original designers of the network that is meant to solve the inefficiencies of the current financial system and address the scalability issues of other blockchains. Trader suffers another brutal XRP liquidation A trader has suffered massive losses with his XRP short. The setup. Trader qwatio opened a 20x leveraged XRP short with a notional value of $17.6M. According to data provided by Onchain Lens, trader @qwatio got liquidated on…
The post Ripple CTO Resigns, XRP Bear Destroyed After Massive Short, Bitcoin (BTC) Price to $150,000 — Crypto News Digest appeared on BitcoinEthereumNews.com.
David Schwartz to step down as Ripple CTO after 13 years Ripple CTO has announced that he will step down from his role at the end of the year. Big announcement. Ripple CTO David Schwartz revealed he will step down from his role at the end of 2025, ending a 13-year tenure at the company. David Schwartz has announced that he will step down as Ripple’s chief technology officer at the end of the year after more than 13 years at the company. “The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside,” he said. Schwartz has confirmed that he is not breaking ties with Ripple. In fact, he will be joining the company’s board of directors. He will also remain involved as CTO Emeritus. Legacy. Recognized as architect of the XRP Ledger (XRPL), designed to tackle financial system inefficiencies and blockchain scalability. Schwartz was appointed as the company’s CTO back in July 2018. Before him, this role was held by Coil CEO Stefan Thomas and Ripple/Stellar co-founder Jed McCaleb. He has always been regarded as a pivotal figure within the XRP community given that he is the architect behind the XRP Ledger (XRPL). He is one of the original designers of the network that is meant to solve the inefficiencies of the current financial system and address the scalability issues of other blockchains. Trader suffers another brutal XRP liquidation A trader has suffered massive losses with his XRP short. The setup. Trader qwatio opened a 20x leveraged XRP short with a notional value of $17.6M. According to data provided by Onchain Lens, trader @qwatio got liquidated on…
What's Your Reaction?
