Tagged: xrp

Ripple’s Repeated Citing of 6% Error Rate on SWIFT is Erroneous, Researcher Claims

Martin Walker, director of banking and finance at the Center for Evidence-Based Management, says Ripple officials’ repeated claims that SWIFT has a a 6% error rate are false. “In May 2019, Brad Garlinghouse, CEO of a San Francisco based (but Delaware registered) fintech firm called… Read More

Bank of America Is Reportedly Piloting Ripple’s Distributed Ledger Technology

Charlotte, North Carolina-based Bank of America (BoA), the second-largest US bank with over $2.3 trillion in total assets, is reportedly testing out Ripple’s distributed ledger technology (DLT)-based financial products. The bank might be planning to do more with the San Francisco-based Fintech firm’s technology. Ripple’s… Read More

Fintech Ripple’s Xpring Invests $750,000 to Integrated XRP With BRD’s Crypto Wallet

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

BitPay Set to Support XRP For Payment Processing & Cross-Border Transfers Through New Partnership With Xpring

Global blockchain payments provider BitPay announced earlier this week it is set to support XRP for payment processing and cross-border transfer through its new partnership with Ripple’s developer initiative, Xpring. According to BitPay, the support will allow businesses to accept XRP for payments through BitPay’s merchant processing… Read More

American Fintech Ripple Acquires Logos Network to Build XRP-based DeFi Products

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

Ripple Lawyers: Suit Claiming XRP’s a Security Comes Too Late; XRPs are “Currency”

Lawyers for Ripple Labs have asked a judge to dismiss a class-action suit brought against the company in Northern California. The case seeks to establish that Ripple Labs conducted an unlawful sale of securities (XRP tokens) to fund the development of a fast payment network… Read More

Beaxy Crypto Exchange Halts Trading After Hack Involving Major Sell Off of Ripple (XRP)

A cryptocurrency exchange called Beaxy halted trading across the board  August 12th after a high-volume sell-off of XRPs (Ripple tokens) tanked the tokens’ price on the exchange: The exchange corresponded about the suspension in a blog post, stating: “We recently experienced unusual(ly) high volume activity… Read More

XRP Forensics in Hot Pursuit of Gatehub Hackers, Identifies 12 Possible Perps

Another day, another crypto-hack.  From exploits to exit scams, the song remains the same – it’s just the technology that is different. The bad guys are always looking for new and devious ways to steal money from the unsuspecting. The most recent hack came courtesy… Read More

Frente Corretora de Câmbio Wants to Become the Transferwise of Brazil by Using Ripple

Frente Corretora de Câmbio, a Brazilian money transfer and remittance platform, wants to become the “Transferwise of Brazi” by leveraging Ripple to provide low-cost transfers. According to a report in Exame, Frente is the 15th largest currency brokerage in the country. Frente wants to be in… Read More

Cryptocurrency Exchange Coinbase Opens XRP Trading For New York Residents

Cryptocurrency exchange Coinbase announced on Monday it has launched trading support for XRP for New York state residents. The announcement was made through the platform’s Twitter account. The tweet revealed: XRP (XRP) is now available to Coinbase users who are New York residents. New Yorkers… Read More

Coinbase Now Supporting XRP on Crypto Platform & Mobile Apps

Coinbase announced on Thursday it is now supporting XRP on its cryptocurrency platform, as well as its Android and iOS mobile apps. This news comes just days after Coinbase announced it was accepting inbound transfers of XRP to its Coinbase Pro service. According to Coinbase, the… Read More

Coinbase Now Accepting Inbound transfers of XRP to Coinbase Pro

Cryptocurrency platform Coinbase announced on Monday it is now accepting inbound transfers of XRP to Coinbase Pro. The platform reported that it is accepting deposits for a minimum of 12 hours prior to enabling full trading and the inbound transfers require the specification of an XRP destination tag…. Read More

BitGo Selected By Ripple To Provide Multi-Signature Security, Advanced Treasury Management & Additional Enterprise Functionality For XRP

Blockchain software firm BitGo announced last week it was selected by Ripple to provide multi-signature security, advanced treasury management and additional enterprise functionality for XRP, which is the digital asset native to the Ripple Consensus Ledger (RCL). It was revealed: “Ripple is a perfect partner for BitGo… Read More

Swift Says Its New GPI System Outperforming Ripple

Bitcoin advocates and companies like Ripple have long been critical of slow and expensive cross-border money transfer services provided by banks and other traditional firms. Ripple’s CEO Brad Garlinghouse presides over a vast sum of publicly-tradable XRP crypto tokens which the company has used to… Read More

Ripple Continues to Roll Out University Partners in Blockchain Research

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

“XRP Army” Threatens Critic and Family Over Claims Ripple Inflates Market Cap Numbers

Ryan Selkis, CEO of cryptocurrency data analysis firm Messari, claimed on Twitter Thursday that he has received three threatening phone calls from disgruntled “Ripple” (XRP) investors angry about a recent report Messari published claiming Ripple inflates its market cap figures. Selkis later tweeted that he… Read More

Anonymous Investigator Claims Ripple Overstating Banking Partnerships

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

XRP on GBX-DAX: Gibraltar Blockchain Exchange Founder Nick Cowan & Ripple CEO Brad Garlinghouse Comment

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

Australian Woman Arrested for Allegedly Hacking 100 000 Ripple from Investor

Cybercrime detectives have stormed a house in Sydney, Australia and arrested a 23-year-old woman they believe hacked 100 000 Ripple (XRP) tokens from a 56-year-old man, Brisbane Times (BT) rep The woman’s parents also reside in the house. The alleged hack took place last January, when 100… Read More

Ripple’s General Counsel Departs in Midst of Lawsuits

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

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