Blockchain analytics firm Elliptic finds over $400M worth of XRP tied to illegal activities
There are over $400 million worth of illicit activities conducted via XRP, and a large portion of these activities are scams and Ponzi schemes, Elliptic, a blockchain analytics startup, found in its research.
Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD
Mobile wallet provider BRD is partnering with Ripple’s Xpring to boost XRP adoption.
Bank of America’s Job Posting Hints It Hired a Dedicated Ripple Specialist
The United States’ second largest bank appears to have hired a specialist for an implementation of blockchain-based payment network Ripple.
Ripple Acquires Crypto Trading Firm to Expand Into Iceland
Ripple continues its run of acquisitions, announcing an expansion into Iceland with its acqui-hire of crypto trading firm Algrim in a blog post on Sept. 30.
Ripple’s Xpring Looks to Build XRP DeFi Products With New Acquisition
Ripple has made its first move towards building decentralized finance (DeFi) products based on XRP.
Ripple Avoids Securities Question in Motion to Dismiss XRP Lawsuit
Ripple has filed a motion to dismiss a lawsuit claiming it violated U.S. securities laws by selling XRP.
Ripple-Backing SBI and Santander Fund Elliptic To Fuel Asian Expansion
Cryptocurrency compliance company Elliptic has raised $23 million in a Series B funding round led by SBI Holdings, a Japanese financial institution which has been trialing an XRP-powered store settlement payments app.
Crypto Industry Direly Needs Specialized Education, Says Ripple Exec
Cryptocurrency firm Ripple’s head of social impact Ken Weber has said universities around the world must expand their education programs to offer blockchain and digital assets training courses that directly relate to actual roles in the industry.
Binance Lab-backed CRM solution raises $3.5M to bring more enterprises onto blockchains
Binance Labs, along with Arrington XRP Capital, Neo Global Capital, Fenbushi Capital, and several other venture funds, is investing $3.5 million in a blockchain customer relationship management (CRM) startup, hoping to bring enterprise big names onto the Binance Chain and accelerate enterprise blockchain adoption.
SEC Guidance Gives Ammo to Lawsuit Claiming XRP Is Unregistered Security
Investors in the cryptocurrency XRP have filed a new complaint against Ripple that marshals the Securities and Exchange Commission’s own words to argue that the startup illegally sold unregistered securities.
Ripple CEO writes open letter to Congress over regulatory uncertainty
Brad Garlinghouse, CEO of Ripple, and Chris Larsen, co-founder and executive chairman of the firm, have jointly penned an open letter to U.S. Congress over regulatory issues in the cryptocurrency space.
Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019
Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24.
Ripple Surges After American Express Blog Mentions XRP
Ripple (XRP) has incurred some decent upwards momentum today after “FOMO” spread on Twitter based on an American Express blog post that mentioned Ripple for international settlements. This blog, however, is old and is not at all an official AMEX announcement, so traders should trade XRP with caution.
Former Ripple Exec to Lead Binance’s US Expansion as New Exchange CEO
The operator of Binance’s upcoming U.S. crypto exchange, BAM Trading Services, has hired a former Ripple executive as its CEO.
Bitrue Hacked: $4.5 Million in XRP and ADA Stolen, User Funds Will Be Replaced
At around 17:00 UTC on June 26 or 01:00 on June 27 in Singapore, where digital asset exchange Bitrue is based, a security breach occurred, which resulted in a loss of $4.5 million in crypto from the exchange's hot wallets.
Latin American Banks Exploring Ripple’s Cross-Border Payments Technology Across Eight Countries
A pair of banks in Latin America are reportedly taking a hard look at adopting Ripple’s cross-border payments technology.
Ripple CEO: Bitcoin and XRP Aren’t Competitors — I’m Long BTC
Bitcoin (BTC), and XRP, the third biggest coin by market cap, are not competitors, Ripple CEO Brad Garlinghouse claimed in a Fortune interview on June 20.
Ripple: xRapid-powered remittance service to The Philippines will go live this month, confirms SendFriend
After years of being ridiculed an mocked, the world of cryptocurrencies and digital assets is finally getting its due following the growing involvement of several institutional investors. Presently, it’s not just financial and non-financial institutions running the race to get a step ahead in the field, but governments across the world are in the same boat as well. The participation of each and every one of these institutions is a step forward in the goal to spur global crypto-adoption.
Thailand’s oldest bank hints at new blockchain app powered by Ripple
Thailand‘s oldest bank, Siam Commerical Bank (SCM), has hinted it will be experimenting with blockchain technology powered by Ripple.
Cryptocurrency Kiosks Company BelcoBTM Integrates XRP Across 12 Stores in New Jersey
XRP is once again on hottest bulletins of adoption – one of the USA cryptocurrency kiosks company, BelcoBTM announces the support of XRP in its crypto ATMs installed across 12 stores in New Jersey.