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Posts Tagged ‘Ripple’

Ripple Co-Founder Donates $25 Million in XRP to US University

Ripple co-founder and executive chairman Chris Larsen, his wife Lyna Lam and nonprofit foundation Rippleworks have donated $25 million in XRP cryptocurrency to San Francisco State University. The university announced the news on Friday, saying that the donation is the “largest gift ever made in a digital asset” to a university in the U.S. The funding will…

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Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University

Chris Larsen, co-founder of San Francisco-based technology company Ripple, and his wife Lyna Lam have donated $25 million in XRP to a university in California, according to an official announcement on April 5. Larsen and Lam contributed $25 million worth of XRP tokens to San Francisco State University’s (SFSU) College of Business through RippleWorks, a…

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EU Blockchain Group Launches With SWIFT, Ripple Onboard

SWIFT, IBM, Ripple and around 100 other firms and organizations have joined a new blockchain association to promote adoption of the technology across the EU. A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – is launching Wednesday in Brussels, Belgium. INATBA has been set up as a…

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Major Private Indian Bank Partners With Ripple for Cross-Border Remittances

India’s Federal Bank, a commercial private bank, has partnered with Ripple to use its network for cross-border remittances. The bank announced the development in a letter on March 28. The partnership with Ripple comes as part of a wider initiative to apply new technologies to the bank’s remittances network. Also on March 28, Federal Bank…

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Ripple CEO Skeptical of JP Morgan’s New Cryptocurrency

Ripple CEO Brad Garlinghouse questioned the purpose and the overall utility of the recently announced cryptocurrency JPMCoin. He also outlined the positives aspects of major financial players stepping in the industry.  Garlinghouse Questions Purpose of JPMCoin Brad Garlinghouse, CEO at Ripple — the company behind the third largest cryptocurrency by market cap XRP — expressed…

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