Archives

December 1, 2019 @ 8:44 pm By JD Alois  |  

MoneyGram (NASDAQ: MGI) has completed an investment by Ripple. According to an 8K filed with the Securities and Exchange Commission, Ripple has agreed to purchase up to $50 million of common stock and ten-year warrants to purchase Common Stock. On November 22, 2019, an “Additional… Read More

November 20, 2019 @ 8:38 am By JD Alois  |  

Elliptic, a provider of crypto-asset risk management solutions, has launched a monitoring system for XRP (Ripple) transactions. Simultaneously, Elliptic claims they have identified “$400 million of illicit activity” without naming perpetrators nor specifically what type of illegal transactions are taking place. Elliptic notes that this… Read More

November 10, 2019 @ 2:23 pm By Omar Faridi  |  

San Francisco-based Fintech firm Ripple announced recently that it has surpassed 300 customers. The company stated: “We have seen 10x year-over-year growth in transactions on RippleNet, our global network of banks, financial institutions and payment providers that sends money globally, instantly and reliably for fractions… Read More

October 13, 2019 @ 11:30 am By Omar Faridi  |  

Mobile wallet developer BRD is partnering with Fintech Ripple’s Xpring to promote XRP adoption. The companies revealed on October 11 that Xpring is planning to invest approximately $750,000 into BRD in order to develop the “internet of value.” As part of the strategic partnership, BRD… Read More

October 9, 2019 @ 7:21 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has teamed up with Finastra to offer its blockchain technology through Finastra’s payment solution to support cross-border payments. It was revealed: “As part of the collaboration, Finastra’s customers will be able to… Read More

September 30, 2019 @ 8:55 am By Omar Faridi  |  

San Francisco-based Fintech firm Ripple has acquired digital asset trading company Algrim. The acquisition has helped Ripple add six engineers, according to a September 30 blog post published on the company’s official website. The new team of engineers is expected to play a key role… Read More

September 28, 2019 @ 1:53 pm By Omar Faridi  |  

San Francisco-based Fintech firm Ripple is reportedly planning to develop decentralized finance (DeFi) products based on XRP, the world’s third-largest digital currency by market capitalization. Ripple has acquired the Logos Network, a decentralized payments platform. The American Fintech’s investment arm, Xpring, is planning to hire… Read More

September 8, 2019 @ 8:52 am By Omar Faridi  |  

One of Pakistan’s largest financial institutions, Faysal Bank Limited (FBL) has launched a digital payments solution through a partnership with US-based  Ripple, a blockchain-based money transfer platform. FBL is one of Pakistan’s largest commercial banks with over 220 branches nationwide and assets totaling $1.5 billion…. Read More

July 30, 2019 @ 2:01 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it has expanded its University Blockchain Research Initiative (UBRI) to Japan. According to Ripple, the expansion brings on new partners including Kyoto University and the University of Tokyo. While sharing more details about… Read More

July 30, 2019 @ 8:40 am By JD Alois  |  

Ripple, one of the largest cryptocurrencies/blockchain platforms in the world, is asking Congress to be thoughtful in how they regulate digital assets going forward. In an Open Letter to Congress, Ripple management takes a very different approach in contrast to Facebook’s frontal assault with the… Read More

June 18, 2019 @ 3:06 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced it has formed a new strategic partnership with money transfer service, MoneyGram. Ripple has also taken a $50 million stake in MoneyGram in a push to deploy XRP. Ripple reported that through the new collaboration,… Read More

June 11, 2019 @ 10:03 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday it is expanding its South America footprint by opening operations in Brazil. As part of the new location’s launch, Ripple reported it is bringing on Luiz Antonio Sacco as managing director to drive strategy… Read More

February 12, 2019 @ 2:01 am By JD Alois  |  

Ripple’s University Blockchain Research Initiative (UBRI) continues to grow. Launched in June of 2018, Ripple’s global initiative now supports 29 academic partners to further accelerate academic research and development in blockchain, cryptocurrency, and digital payments. Ripple has committed $50 million to the project. The Newest UBRI… Read More

January 16, 2019 @ 7:43 pm By Cali Haan  |  

An anonymous investigator called “Crypto Reckoning” has published a video containing allegations that three banking partnerships claimed by Ripple, the world’s second largest cryptocurrency project by market cap, are thin at best. Ripple’s creators came from banking, and, according to Cryptocurrencyfacts.com, determined to create Ripple… Read More

January 10, 2019 @ 3:04 am By Erin Hobey  |  

The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, has added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX), an exchange created with the high expectations of professional crypto-traders in mind. “Ripple is a major player within… Read More

September 10, 2018 @ 12:19 pm By Cali Haan  |  

The lawyer Brynly Llyr will be leaving her post as Lead Counsel at remittance company Ripple, a Ripple spokesperson has confirmed to Quartz: “We’re grateful for all that she did to help build an incredible team…(and) wish Brynly all the best in her next endeavor…(T)he… Read More

August 24, 2018 @ 4:23 pm By Cali Haan  |  

Thailand’s central bank, the Bank of Thailand (BOT), has announced it is trialing a version of R3’s distributed ledger system, Corda, as a means of making wholesale funds transfers more efficient. R3’s distributed ledger will also be used by the BOT to issue a wholesale Central… Read More

June 15, 2018 @ 7:30 am By Cali Haan  |  

For several weeks, the CEO of Ripple, Brad Garlinghouse, has been publicly calling out Bitcoin. The Ripple vs. Bitcoin rivalry goes all the way back to 2012, when Ripple’s founders developed the company’s services specifically to service the banks and cross-border remittance firms Bitcoin was… Read More

June 6, 2018 @ 11:42 pm By Cali Haan  |  

Ripple CTO Stefan Thomas has left the building and has taken with him a model for smart contracts shelved by the company in 2015. Thomas’s new venture, Coil, claims to have made smart contracts- literally, computer code-based contracts that can execute automatically when fed required… Read More

May 6, 2018 @ 2:42 pm By Cali Haan  |  

Ripple Labs, the company behind the cryptocurrency Ripple (XRP), are facing a class action lawsuit filed by an investor, Ryan Coffey, who alleges the company sold it’s cryptocurrency tokens to the public in violation of US securities laws. The filing also claims the company has… Read More