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Search Results for: brad garlinghouse

Ripple Wins Lawsuit Against R3, CEO Brad Garlinghouse Reveals

Category: Altcoins, Finance, News, Regulation

Ripple Wins Lawsuit Against R3, CEO Brad Garlinghouse Reveals

Brad Garlinghouse, the CEO of Ripple, the software development company behind the $10 billion Ripple network, revealed the firm had won the lawsuit R3CEV filed in September. Last month, R3CEV, which operates a blockchain consortium participated by more than 70 retail and investment banks including Barclays, HSBC, and UBS, filed a lawsuit against Ripple in the Delaware Chancery Court. The…

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Who is Ripple Labs: The Private Company behind XRP

Category: Altcoins, Cryptocyclopedia, Development, Finance, News

Who is Ripple Labs: The Private Company behind XRP

There’s a common misconception within the blockchain and cryptocurrency community, which states that Ripple (XRP) is a corporate entity and the sole company behind the project’s development. The truth, however, reveals something much different. The masterminds behind the controversy-gaining and speedy settlement cryptocurrency, are an entirely separate company with multiple divisions. Of these formed divisions, some are decentralized and are…

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Bitcoin, Ether, and XRP Weekly Market Update: January 10, 2019

Category: Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: January 10, 2019

Total crypto market cap added $5 billion during last week and now sits at $138. TRON, Cardano, and Litecoin are the biggest gainers among top ten currencies with two-digit raises while ETH and BCH made a slight downward correction. BTC-USD The Bitcoin bulls have been successfully defending the $3,800 territory since December 28, 2018, when we last saw price below…

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R3 Adds Ripple as First Settlement Mechanism on New Payments dApp

Category: Adoption, Altcoins, Blockchain, Business, Development, Finance, News

R3 Adds Ripple as First Settlement Mechanism on New Payments dApp

R3, the world’s leading developer of enterprise blockchain solutions for business, launched a new global payment platform that uses Ripple’s XRP as its initial base currency, the company announced in a press release on December 5, 2018. R3 Launches a New Global Payment Platform One of the leading enterprise blockchain software companies has just announced the launch of a new…

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Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Malaysian lender CIMB Group has entered a strategic partnership with Ripple to facilitate instant cross-border payments across all markets it’s currently operating in. Both companies issued a joint statement on November 15, 2018, announcing that CIMB is now officially a member of the RippleNet network. Ripple to Help CIMB Grow its International Payment Business Under the new collaboration, Ripple will…

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Bitcoin, Ether, and XRP Weekly Market Update: November 15, 2018

Category: Altcoins, Bitcoin, Ethereum, Exchange, News, Platform, Tech

Bitcoin, Ether, and XRP Weekly Market Update: November 15, 2018

The three largest cryptocurrencies by market cap experienced a turmoil of sorts this week as the long-held stability was broken and prices plunged across the board. BTC/USD Bitcoin lost $100 of its value on November 8, erasing all the gains from the previous two days and closed the day at $6,474. The $6,600 level proved to be out of scope…

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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

After the U.S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc., said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. Ripple CEO Addresses Rumors…

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Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Category: Altcoins, Blockchain, Business, Investment, News, Regulation

Ripple Co-founder Chris Larsen Becomes 383rd Richest Person in the World on Forbes Ranking

Ripple co-founder Chris Larsen has made a crypto milestone as the first ever billionaire with a fortune gathered exclusively from cryptocurrency-related activity to enter the Forbes 400 list. According to an October 4, 2018 report in Business Insider, Larsen was ranked by Forbes at number 383 on the list with a total net worth just north of $2 billion. Breaking…

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Ripple’s Cryptocurrency Product xRapid Goes Live

Category: News

Ripple’s Cryptocurrency Product xRapid Goes Live

Ripple’s cryptocurrency product for cross-border payments, xRapid, is now commercially available, the company announced on October 1, 2018.  xRapid Now Commercially Available In a release published on the company’s official website, Ripple announced that xRapid, its real-time settlement platform, is now commercially available. The San Francisco-based company’s network, RippleNet, has seen a massive customer growth in 2018 and is currently…

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Ripple and R3 End Year-Long Legal Battle with a Settlement

Category: Altcoins, Business, Finance, News

Ripple and R3 End Year-Long Legal Battle with a Settlement

Ripple Labs and R3 Consortium released an official announcement on September 10, 2018, stating that both parties have managed to settle their year-long legal dispute. “Happy” to Put the Dispute in the Past Ripple Labs Inc. and XRP II, LLC released an official statement to Business Wire confirming that Ripple and R3 have reached a settlement of all outstanding legal…

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