RIPPLE
Ripple, first released in 2012, is for moving money to all corners of the world instantly, easily, efficiently and cost-effectively. Ripple was considered a replacement of traditional SWIFT for cross-border payment and settlement. Ripple uses RippleNet for global payment and its token XRP functions as a bridge for fiat money exchanges. CEO of Ripple is Brad Garlinghouse.
Central Bank of Brazil Forms a Digital Currency Study Team to Drive CBDC Research Forward
The Central Bank of Brazil is planning the potential issuance of a Central Bank Digital Currency (CBDC) by setting up a research study group.
Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement
Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.
Ripple Co-Founder says US-China Tech Cold War Will Be Won and Lost on Crypto and Blockchain Battlefield
Ripple Co-Founder, Chris Larsen believes the Cold Tech War between China and the United States is going to be won and lost on the blockchain battlefield.
Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.
Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption
Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX
Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist
Australia recorded one of its first cases of cryptocurrency theft recently.
New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading
The New York State Department of Financial Services (NYDFS) approved 8 cryptocurrencies for trading, and 10 for custody by licensed entities.
Ripple CEO: Global Governments Now See Blockchain Solution to Addressing Transparency and Settlement
Brad Garlinghouse, Ripple CEO, believes most governments consider blockchain technology a game-changer as it solves frictions like transparency and settlement that were a headache in yesteryears.
Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020
Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.
Apple Co-Founder Steve Wozniak Sues Google and YouTube Over Fraudulent Bitcoin Scam Videos
Legal team for Steve Wozniak, co-founder of tech powerhouse Apple, announced a lawsuit against YouTube and their parent company Google alleging that the media companies failed to take down fraudulent videos that impersonated Wozniak to drive Bitcoin funds.
YouTube and Ripple Intertwined In Lawsuit Battle For XRP Scam Videos
Blockchain company Ripple and CEO of the currency exchange network Brad Garlinghouse is suing YouTube for allegedly playing a part in the repeated Ripple (XRP) crypto giveaway scams that have been circulating on the video content platform.
Bitcoin is 57,000 Times Less Environmentally Friendly Than the "Green Cryptocurrency" XRP, Says Ripple
Ripple claims that its cryptocurrency, XRP, is 57,000 times more environmentally friendly than the largest cryptocurrency, Bitcoin. According to Ripple’s blog post, the firm criticizes Bitcoin’s consensus mechanism, proof-of-work (PoW), as a major issue contributing to the vast amounts of energy consumed for validating and processing transactions on the network.
World Economic Forum Recognized Six Blockchain Companies as “Technology Pioneers” in 2020, Including MakerDAO and Chainlink
The World Economic Forum (WEF) has honored six blockchain companies on its list of 100 “early to growth-stage” firms Technology Pioneers for 2020, including MakerDAO and Chainlink.
Ripple (XRP) Check Feature May Soon See the Light of Day
The long-awaited Ripple Check may soon be launched as the margin for the needed votes by the network's validators narrows. With the Check feature, institutions and users will find flexibility in money exchange and adherence to compliance.
XRP Gains 36 Percent as Ripple Sees Rise in Active Addresses
Data analytics firm Santiment posted last week about the steady increase in wallet addresses for Ripple. The insight proves bullish for the firm’s native token, which has risen 36 percent since March 2020.