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Price data by
Deep DivesJed McCaleb

Jed McCaleb

Role

Cofounder of Stellar Development Foundation

Location

San Francisco Bay Area

Current Project

Stellar Development Foundation,Machine Intelligence Research Institute

Previous Projects

ripple.com,Code Collective,MetaMachine

Twitter

@jedmccaleb

LinkedIn

View Profile

About Jed McCaleb

Jed McCaleb is the former co-founder of Ripple and a current co-founder of Stellar.

Recent News

  • Images: Voltage Park/Shutterstock

    Stellar Co-Founder’s Nonprofit Fires Up 24,000 GPUs for AI Development

    Voltage Park, an AI-focused non-profit organization backed by cryptocurrency billionaire Jed McCaleb, has announced the launch of a cloud computing cluster comprising 24,000 GPUs. The initiative aims to serve the rapidly-growing machine learning (ML) compute market, which has been grappling with challenges ranging from rigid long-term contracts to exorbitant GPU rental rates. “Not enough people understand how much the compute shortage is affecting AI innovators,” Voltage Park CEO Eric Park said...

  • XRP (Image: Shutterstock)

    Jed McCaleb Sells $69 Million of XRP in a Week

    Jed McCaleb, the co-founder and former CTO of Ripple Labs, has released 140 million XRP from his "tacostand" wallet over the course of the last week. This is roughly $69.3 million at current prices. According to data by XRPscan, between February 4 and 6, McCaleb sold approximately 38 million tokens in three batches of 12.7 million XRP. This was followed by two more batches in the next two days, consisting of 19 million XRP each. Three more sales, again worth 19 million XRP each, have happened th...

    NewsCoins
    2 min read
    Andrew Asmakov
  • An XRP coin. Image: Shutterstock

    After 25 Day Pause, Jed McCaleb Sells 28.6 million XRP

    Jed McCaleb, co-founder of Ripple Labs, sold 28.6 million XRP ($8.78 million) on Monday, marking his first sale in 25 days. The news was shared by crypto researcher Leonidas Hadjiloizou. Hadjiloizou assumed that the break was due to the SEC lawsuit against Ripple, Brad Garlinghouse and Chris Larsen, who together with Jed McCaleb co-founded the company in 2012. This is not the first time that McCaleb has paused his XRP sales. The researcher pointed out that, on the previous occasions he did so,...

    NewsBusiness
    3 min read
    Andrew Asmakov
  • Image: Shutterstock

    Jed McCaleb Immediately Sells 30 Million XRP After Getting 266 Million

    Stellar co-founder Jed McCaleb is taking advantage of high XRP prices while he still can. The former Ripple CTO received over 266 million XRP earlier this week and immediately proceeded to sell the tokens, on-chain data shows. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 266,305,309 #XRP (148,031,671 USD) transferred from Jed McCaleb Settlement to Jed McCaleb wallet Tx: https://t.co/8BJ9q9V5IV — Whale Alert (@whale_alert) December 9, 2020 McCaleb was part of Ripple’s founding team until 2013, trying to buil...

    NewsCoins
    3 min read
    Shaurya Malwa
  • The price of XRP has finally caught on to the rally. Image: Shutterstock.

    Ripple co-founder increases XRP dumps in 2020 by 266%

    XRP, the third-largest cryptocurrency by market cap, is on the rise. Early on Sunday morning, it hit a peak of $0.32, according to CoinMarketCap, its highest price since mid-February. And the pump has held strong through until Monday; its current price is $0.31.  But anxieties abound in the XRP community that one of the coin’s creators, Jed McCaleb, is about to dump all of his XRP onto the market and therefore crash the price.  McCaleb was owed 9 billion XRP when he left Ripple, the company he c...

    NewsCoins
    3 min read
    Robert Stevens
  • XRP is the third largest cryptocurrency by market cap. Image: Shutterstock

    While ETH falls, XRP pump continues as price hits $0.30

    Nearly all of the most popular cryptocurrencies have soared in price in recent weeks. Bitcoin briefly hit $12,273 last night and Ethereum’s briefly touched $400. But then in the wee hours of the morning both coins crashed. Bitcoin, which peaked at $12,273, fell to $11,235 in five minutes. And Ethereum, which peaked at $411, dropped to $373. But Ripple (XRP), the third-largest cryptocurrency by market cap, has marched on unimpeded. It hit a peak of $0.322561 at about 5.30am, only retreating slig...

    NewsCoins
    3 min read
    Andrew Hayward
  • Image: Shutterstock

    Stellar trendspotter Jed McCaleb just wants crypto to be useful

    Few people are better placed to talk about crypto's evolution than Jed McCaleb. After creating the world's first Bitcoin exchange, MtGox, he moved on to help lead Ripple and co-found Stellar, a platform used for speedy, cross-border transactions.  But does he know what's coming next?  In a Consensus: Distributed Q&A this morning, McCaleb looked toward a near future in which, "in five or 10 years, hopefully, Stellar is adopted by some fraction of financial institutions and they're using it as thi...

    NewsTechnology
    3 min read
    Jeff Benson
  • Photo credit: unsplash

    Ripple moves $26.3 million XRP to co-founder Jed McCaleb

    Ripple moved 100,000,000 XRP, worth $26.3 million to the wallet of Jed McCaleb, one of the founders of Ripple, defunct Mt. Gox crypto exchange and Stellar, according to Whale Alert. The newfound riches are part of the 9 billion XRP that McCaleb was given for starting Ripple. McCaleb, who’s since left the company, has a history of dumping huge amounts of XRP. In a market that struggles to keep its price afloat after a series of dumps from others, McCaleb could make things a whole lot worse.  See,...

    NewsMarkets
    2 min read
    Robert Stevens