Tagged: ripple

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

Ripple Signs International Payment Deal With UAE Exchange

UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, recently announced it has partnered with San Francisco-based Ripple to enable instant, seamless and real-time cross-border payments. The organization confirmed that the partnership makes it the largest payment solutions provider in the Middle East to use… Read More

CoinDesk Researcher Nolan Bauerle Comments on 2017 Q4 & State of Blockchain

  CoinDesk, a leading global digital media company focused on crypto assets and blockchain, released its Q4 State of Blockchain Report, a respected authority on blockchain trends research and analysis. The quarterly report comes on the heels of one of the busiest quarters in the… Read More

Mercury FX & IDT Sign Up for Ripple’s XRP Program

Earlier this week, fintech firm Ripple announced Mercury FX and IDT will now use xRapid to settle retail remittances and corporate transactions quickly. Both companies reportedly join MoneyGram and Cuallix, who will use XRP in their payment flows, to enable on-demand liquidity for global payments. The company revealed: “IDT and MercuryFX both have… Read More

The Top Ten Fintech Predictions for 2018

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More

Coinbase Says No Dice to Listing Other Cryptos for Now, Ripple Dips on Statement

Coinbase, one of the largest crypto exchanges in the world, published a post yesterday saying they have not made any decision to add any additional digital assets to either GDAX or Coinbase. The statement by Coinbase effectively squashed rumors that Ripple would soon be listed… Read More

Ripple’s CEO Brad Garlinghouse Discusses the Fintech Company’s Blockchain Technology Bet

Ready to share Ripple’s insight on the blockchain industry, CEO of Ripple, Brad Garlinghouse sat down with Bloomberg’s Cory Johnson to discuss the San Francisco-based fintech company’s bet on cryptocurrency’s technology. Founded in 2012, Ripple notably provides global financial settlement solutions to enable the world… Read More

Fintech Startup Ripple Debuts New Infrastructure Innovation Initiative

Earlier this week, fintech firm Ripple announced it was launching a new infrastructure innovation initiative. This news comes just a couple of months after the company announced more than 100 financial institutions have joined its blockchain network, RippleNet. While sharing details about the initiative, Ripple stated: “Ripple… Read More

The Genie is Out of the Bottle: Bloomberg Adds Cryptocurrencies to its Ubiquitous Terminals

The Bloomberg Terminal is the mainstay of any serious financial service firm. Populated on trading desks around the world, “the Bloomberg”, launched in 1981 long before computers were commonplace. The Terminal is now on over 325,000 work stations globally. And it is not just about… Read More