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Posts Tagged ‘Ripple’

Ripple Labs Co-Founder Recovers From Coronavirus

With all the media attention on the shortage of hospital beds and medical supplies, it’s not often that you hear an uplifting headline. Well, crypto community, chin up. Ripple Labs Chairman Chris Larsen has made a full recovery from COVID-19. And he’s encouraging others who have to donate their blood. Chris Larsen Makes a ‘Full…

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Ripple Engineers Publish Design for Private Transactions on XRP Ledger

A new proposal specification from Ripple’s software developers would allow users to send private transactions to one another using the XRP ledger. In a GitHub submission earlier this week, Ripple engineer Nik Bougalis said he and a group of other Ripple developers had designed a new private payment system for the XRP ledger to protect…

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Ripple Launches X-Border App With Thai Commercial Bank

In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the…

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Ripple Lawsuit Plaintiffs Put CEO in the Crosshairs

Plaintiffs have filed an amended complaint against Ripple Labs in their two-year long lawsuit against the blockchain-based company. The modified lawsuit puts new pressure on Ripple CEO, Brad Garlinghouse. BRAD GARLINGHOUSE ACCUSED OF FRAUD The new amendment emphasizes CEO Brad Garlinghouse’s role in misleading XRP investors. It states that the head of Ripple repeatedly told…

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Ripple CEO Voices Outrage Over Fake XRP Scams

When the co-founder of SPQR Media (and presumably Ripple supporter) alerted Brad Garlinghouse of a fake YouTube account using his name, the Ripple CEO lost his calm. He took to Twitter to call for greater action on scammers, saying “enough is enough” and warning “more to come.” Ripple CEO Tells YouTube to Crack Down on…

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Intermex Is Not Using Ripple for Its Mexican Remittances

In its March earnings call, U.S.-Latin American remittance provider, Intermex, revealed that it will not be using Ripple (XRP)’s technology in its major markets. Intermex chief executive Robert Lisv explained: “So, you won’t really see us leveraging Ripple in our core markets. I think it will bring us more growth in newer markets in places…

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Ripple Onboards 1 Million New Users With Latest Partnership

It’s not all bad news out there. In fact, amid rising uncertainty, many companies are still forging ahead. Despite having its employees working from home, Ripple just announced a brand-new partnership. Working with Thai-based DeeMoney will allow the blockchain unicorn to onboard one million new users. Ripple to Parter with DeeMoney Ripple announced its latest…

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Ripple Labs Could Face More Lawsuits After California Court Ruling

It looks as if there’s more trouble brewing on the horizon for Ripple Labs. In fact, after a district California Court ruling, we may see a large ‘uptick’ in class actions across the whole cryptocurrency space. Ripple Labs May Be Looking at Multiple Lawsuits Ever since the SEC started clamping down on ICOs for being…

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Ripple Partner Gets Acquired For Undisclosed Sum

Ripple partner and global remittance player TerraPay has just been acquired for an undisclosed amount of money. The company also raised $9.6 million from Prime Ventures, IFC, and Partech Africa, for global expansion, as part of the acquisition deal. Will TerraPay bring XRP to millions of new global users? TerraPay is a local, regional and…

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25 Million XRP Head to Bistamp From Ripple Whale Wallet

The recent market sell-off may not affect only stocks and Bitcoin (BTC). Apparently, XRP whales are also looking for a fiat position, as one wallet moves 24.95 million tokens to a crypto exchange. Who is this Whale? A recent “whale” transaction reveals a tranche of 25 million XRP coins was sent to Bitstamp today. The…

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