Tagged: ripple

Ripple Announces New Appointments to Leadership Team

Ripple announced on Wednesday two new appointments to its leadership team. The company reported that David Schwartz, who previously served as Ripple’s chief cryptographer, has been appointed to CTO while Kahina Van Dyke has joined Ripple as Senior Vice President of Business and Corporate Development. According… Read More

Ripple Admits Its Expedited Banking Network, xRapid, “Hasn’t Gotten There Yet”

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

Swarm Announces Launch Of Secondary Market for Robinhood, Ripple, and Didi

Swarm, a blockchain for private equity platform, announced on Wednesday the launch of tokens representing equity in individual tech companies, allowing Swarm investors to purchase security tokens representing fractional shares in private companies. According to Swarm, the secondaries, which are sourced through partners who acquire equity… Read More

On Again, Off Again Blockchain Firm R3 Running Out of Money, Former Staff Claim

Enterprise blockchain developer R3 is running out of money, sources to Fortune magazine say.   R3 began as a startup in 2014, and tasked itself with creating blockchain products for banks and finance firms. It is considered to be one of Ripple’s main competitors. Blockchain… Read More

SEC Trading and Markets Director: Self-Reporting by ICOs “Underwhelming”-Decision Coming

Brett Redfearn, the Director of the Division of Trading and Markets at the SEC has criticized crypto producers and exchanges for failing to voluntarily register and report their activities to the SEC. “We’re underwhelmed by the enthusiasm for coming within the regulatory structure right now,”… Read More

SharesPost Appoints Senior Ripple Veteran Vijay Chetty As New Vice President of Business Development

SharesPost, a provider of late-stage private company liquidity solutions and private capital markets research, announced on Friday it has appointed Vijay Chetty as its new Vice President of Business Development. SharesPost reported that before he joined its team, Chetty spent more than three years focusing… Read More

Ripple CTO Leaves Company, Resurrects Smart Contract Protocol, Dumps the Blockchain

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

Ripple Hires Big Guns: Former SEC Chair Mary Jo White and Former SEC Enforcement Director Andrew Ceresney to Defend Unregistered Securities Claim in Sale of XRP

How times have changed. Ripple Labs, creators of the third largest cryptocurrency (CRP) by market cap following only Bitcoin and Ethereum, have hired two well known big legal guns to defend their case in the California Courts. Ripple has hired former SEC Chair Mary Jo… Read More

Ripple Launches New Initiative “Xpring” to Invest In, Incubate, Acquire, & Provide Grants For Proven Entrepreneurs

On Monday, Ripple announced the launch of Xpring, which is a new initiative by the company that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. According to Ripple, every entrepreneur will use the digital asset XRP and… Read More

Cryptocurrency Ripple Facing Class Action Lawsuit Alleging Violation of US Securities Law

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

Oman Bank BankDhofar Joins RippleNet For Instant Blockchain Payments

On Tuesday, Oman bank BankDhofar announced it is the first bank in Oman to join Ripple’s global enterprise blockchain network, RippleNet. According to BankDhofar, the blockchain network will help its customers save both time and money when sending payments overseas. The bank joins more than 100… Read More

Ripple Adds Five New xVia Customers to Global Payments Network

California fintech Ripple announced on Thursday it has added five new xVia customers to its global payments network. According to Ripple, xVia is an API solution enabling payment originators to access and reap the benefits of RippleNet. The five companies, which are located in Europe and Asia,… Read More

Ripple Announces $25 Million in XRP Investment in Blockchain Capital Fund

On Wednesday, California fintech Ripple announced it invested $25 million in XRP to Blockchain Capital Parallel IV, LP, a fund that accepts capital calls in digital assets and focuses entirely on the development of the blockchain space. According to Ripple, the $150 million, which is fund managed by Blockchain Capital,… Read More

Heard at LendIt Fintech 2018

LendIt returned to San Francisco this year as it continues with its annual conference which is one of the largest Fintech focused events in the US. This year’s event is a bit different for several reasons. First of all, more traditional banks showed up in… Read More

Ripple Donates Nearly $30 Million to All 35,647 Projects on DonorsChoose

On Wednesday, DonorsChoose announced San Francisco-based Ripple donated $29 million to fund every classroom project request on the nonprofit’s crowdfunding platform. According to DonorsChoose, the donation fulfilled 35,647 requests from 28,210 public school teachers in every state. Teachers at 16,561 public schools, or 1in 6 of all the public schools in… Read More

Grayscale Introduces Bitcoin Cash, Ethereum, Litecoin and XRP Investment Trusts

Grayscale Investments, LLC, a digital currency investing authority, launched four new investment products including Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.  As of 28 February 2018, Grayscale reported possessed $2.1 billion in assets under management. Barry Silbert, Digital Currency… Read More

Ripple-Powered Mobile App MoneyTap to Provide On-Demand Domestic Payments in Japan

On Tuesday, Ripple announced that the Japanese Bank Consortium will release MoneyTap mobile app, which is powered by the company’s blockchain technology, to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week. According to Ripple, MoneyTap… Read More

Guess Which Tokens deVere Group Added to its Crypto Trading App…

Within a month of launching its de Vere Crypto cryptocurrency app and despite last week’s crypto crash, deVere Group has decided to add two new tokens to its crypto trading app. Users of deVere Crypto can now also store, transfer and exchange Ripple (XRP) and Dash (DASH), alongside… Read More

InstaReM Partners with Ripple to Secure Payouts in Southeast Asia

InstaReM, a southeast Asia’s digital cross-border money transfer service provider, has inked a strategic partnership with enterprise Blockchain payment solutions provider, Ripple. According to InstaReM, this partnership will facilitate quick and secure payouts for RippleNet members across Southeast Asia.  InstaReM is a Singapore-headquartered cross-border payments… Read More

Data is the New Oil: Mobius CEO David Gobaud Discusses Stellar, Record-Breaking ICO and More

Mobius, described as a “turn-key blockchain-enabling platform” using patent-pending technology, offers a range of products, including a free, universal API that allows non-blockchain developers to connect resources to smart contracts and the blockchain ecosystem. Existing web properties, apps, devices and data streams can utilize the… Read More