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Search Results for: ripple labs

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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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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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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Trezor’s Model One and Model T Wallets Now Support for Monero, Cardano, Stellar, Ripple, Decred and Others

Category: Adoption, Altcoins, Bitcoin, Development, News, wallet

Trezor’s Model One and Model T Wallets Now Support for Monero, Cardano, Stellar, Ripple, Decred and Others

Trezor, the cryptocurrency hardware wallet brand from Satoshi Labs, has launched a firmware update for their Model One and Model T cryptocurrency wallet which has added support for Monero, Cardano, Stellar, Ripple, Tezos, Decred, Groestlcoin, Lisk, and Zencash, the company announced in a blog post on November 7, 2018. Updates Developed by the Community for the Community One of the…

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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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Lawsuit against Ripple to Continue in Federal Court as Motion to Remand is Slammed

Category: Altcoins, News, Regulation

Lawsuit against Ripple to Continue in Federal Court as Motion to Remand is Slammed

A United States Court judge in Northern District of California has slapped down an investors motion to remand the class action suit against Ripple Labs on August 14, 2018. The case is now set to move to federal court. On the decision, Judge Phyllis J. Hamilton wrote that plaintiffs seek  “rescission of all XRP purchases, damages, and a constructive trust…

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Indian Bank Set to Adopt Ripple for Cross-Border Payments

Category: Altcoins, Business, Finance, News

Indian Bank Set to Adopt Ripple for Cross-Border Payments

While India remains a no-go area for bitcoin and other cryptocurrencies, Ripple Labs, the developer of  XRP, is busy making inroads into the Asian nation, as per a report on August 2, 2018. Ripples Everywhere According to an FXStreet, the State Bank of India (SBI), the country’s institutional banking authority, is set to start facilitating instantaneous cross-border payment solutions with Ripple. The…

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Cryptocurrency Payments Provider Wirex Adds Ripple to Wallet and Card Services

Category: Altcoins, Finance, News, wallet

Cryptocurrency Payments Provider Wirex Adds Ripple to Wallet and Card Services

Cryptocurrency wallet and card provider, Wirex, added a Ripple (XRP) wallet to their portfolio on July 23, 2018, making the London-based company among the few to offer XRP tokens for accessible public use. Wirex Adds XRP Supported Cryptocurrencies Wirex has an estimated 1.7 million clients in over 130 countries and offers cryptocurrencies like Bitcoin, Bitcoin Cash, and Ethereum, along with…

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Ripple Reveals Plans of Popularizing the XRP in India

Category: Adoption, Altcoins, Blockchain, Finance, News

Ripple Reveals Plans of Popularizing the XRP in India

Ripple Labs, Inc., the United States-based Fintech firm and creators of the ripple (XRP) altcoin is formulating a sure-fire strategy to make the native token a popular choice amongst the populace of India. XRP to the Moon? According to an Express report, officials at Ripple have revealed their fail-proof plan to end bitcoin’s dominance in the cryptocurrency ecosystem. Asheesh Birla,…

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Third Lawsuit Served to Ripple on Allegations of Artificially Inflating the XRP Token

Category: Altcoins, Business, Finance, News

Third Lawsuit Served to Ripple on Allegations of Artificially Inflating the XRP Token

Blockchain-based payments processor, Ripple, was served a court notice in June 2017 for potential security fraud, their third notice in three months. Ripple Hit by Lawsuits The latest suit reveals that an investor in Ripple’s native token, XRP, holds the company responsible for insider-trading, inflating the value of their token, and maintaining their stance on not being involved in XRP…

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