Ripple

Japanese Financial Giant SBI to Pay e-Sports Hires in XRP

SBI e-Sports, a subsidiary of the Japanese financial services giant SBI Holdings, has hired two e-sports players to its professional team, an is set to pay them their entire salaries in XRP, the fourth-largest cryptocurrency by market cap. In two separate announcements, SBI e-Sports revealed that it recruited two top gamers: Subary Sagano, known as […]

Ripple Donates $10 Million to Help the Unbanked and Underbanked

Californian FinTech firm Ripple has announced that it has donated $10 million to Mercy Corps to “expand financial inclusion and increase economic empowerment globally.” Ripple’s blog post starts by explaining the motivation behind the company’s desire to expand financial inclusion for the whole world: “The existing financial system is antiquated, broken and poorly designed to […]

Ripple’s ‘Line of Credit’ Lets RippleNet Members Using ODL ‘Send Now, Pay Later’

On Thursday (October 8), Ripple announced a new service (currently in beta) named “Line of Credit” that allows financial institutions on RippleNet to use XRP to make fast and low cost cross-border payments for their customers and then pay Ripple back at a later time. In its blog post, Ripple started by explaining the problem […]

FinTech Firm Ripple Partners With Pan-European Payment Institution ‘Lemonway’

On Tuesday (October 6), Californian FinTech firm Ripple announced that French firm Lemonway had joined RippleNet to “unlock faster euro-to-euro payments.” Paris-headquartered Lemonway was founded in 2007. It is “a pan-European Payment Institution that offers a solution dedicated to marketplaces, crowdfunding platforms, as well as to large groups requiring payment and fundraising services on behalf […]

Popular Analyst Predicts Shake-up for Top 10 Cryptoassets

Popular crypto analyst Michaël van de Poppe has predicted that bitcoin cash, XRP and litecoin will fall out of the top 10 by market capitalization as the industry matures.

Ripple Leads Initiative to Be Carbon Neutral by 2030 Starting With XRP Ledger

Ripple has announced an initiative to reduce global carbon emissions with a new tool for purchasing renewable energy from markets worldwide.

XRP to Enter Growing eSports Industry via New Sponsorship Deal

SBI e-sports, a subsidiary of the Japanese financial services giant SBI Holdings, has signed a new sponsorship deal with the company’s venture capital arm SBI VC Trade, which will help XRP enter the growing eSports scene. According to an announcement SBI Holdings published, the partnership will see SBI e-Sports’ teams add the SBI VC Trade […]

Investors Register 1.5 Billion XRP to Ripple-Backed Flare Network

Investors have registered more than 1.5 billion XRP to the RIpple-backed Flare Network in anticipation of the platform’s native token launch.

KuCoin Hacker Starts Moving Millions in ERC-20 Tokens, XRP to Cash Out

The hacker who stole hundreds of millions of dollars’ worth of cryptassets form Singapore-based crypto exchange KuCoin have started moving millions in ERC-20 tokens and XRP to cash out using various methods. Data from the Ethereum blockchain, spotted by Whale Alert, shows that the hacker, who managed to steal an estimated over $200 million from […]

Holders Set 1.1 Billion XRP to Participate in Upcoming Spark Token Airdrop

XRP holders have set up nearly 20,000 XRPL accounts to participate in an upcoming massive token airdrop to those who hold XRP. These accounts have a total of 1.1 billion XRP in them. According to XRP blockchain forensics firm xrplorer, a total of 19,997 accounts have set a message key to receive tokens in the […]

Regulations Will Make Demand for XRP ‘Skyrocket’, Says Crypto Analyst

Popular Twitter user and contrarian investor CryptoWhale gave their support for XRP in the event of greater market regulations, saying demand for the altcoin would skyrocket.

Crypto Exchange Uphold to Support Spark Token Airdrop for XRP Holders

Popular cryptocurrency exchange Uphold has announced it will support the Spark token airdrop for XRP holders “after fervent public commentary.” According to the exchange, those who hold XRP on the exchange on December 12, 2020 – the date of the network’s snapshot for the token distribution – will receive Spark tokens on a 1:! Bases […]

Major Australian Financial Firm Sues Ripple Over Trademark Infringement

An Australian financial services firm is suing Ripple over trademark infringement for the use of its “PayID” service.

XRP’s Daily Active Addresses on the Rise Despite Price Pullback

Active daily addresses for XRP have continued to climb to a seven-day peak despite the altcoin undergoing a price pullback of more than nine percent.

Ripple’s SVP of Product: Almost 20% of RippleNet Transactions Use XRP-Powered ODL

Ripple’s senior vice president of product and corporate development, Asheesh Birla, has revealed that over 20% of all transactions the firm conducts on its global network of financial institutions use the XRP-powered On-Demand Liquidity (ODL) solution. According to a tweetstorm Birla published, On-Demand Liquidity is increasingly being used for RippleNet transactions. ODL facilitates cross-border payments […]

Ripple Exec: XRP Does Not Compete With Stablecoins or CBDCs

Ripple Senior Director of Global Operations Emi Yoshikawa claims that XRP does not compete with stablecoins and central bank currencies and instead provides synergy through solving liquidity issues.

Coinbase Users Lost Over 940,000 XRP to YouTube Scammers, Says XRPlorer Founder

The founder of the “community-driven” XRP data aggregator XRPlorer has revealed on social media XRP giveaway scams on YouTube may have cost Coinbase users over 940,000 XRP tokens, worth over $20,000 at press time. According to Thomas Silkjær, Coinbase users have been sending funds to fake cryptocurrency giveaways on YouTube and lost hundreds of thousands […]

Ripple Partner Flare Launching Public Network Using XRP Integration

Ripple partner Flare has announced plans to launch its public network which will utilize XRP integration as well as the native token Spark.

Ripple Transfers 25 Million XRP, Jed McCaleb Cashes Out Another 10 Million

Ripple, the parent company behind XRP, transferred a whopping 25 million XRP while co-founder and former CTO Jed McCaleb cashed out an additional 10 million XRP.

Australian Woman Jailed for Stealing Over 100,000 XRP

An Australian woman who hacked into the email of a 56-year-old man and access his cryptocurrency wallet to steal over 100,000 XRP tokens, has been sentenced to two years in prison for the theft. According to « Australian news outlet Information Age the woman, 25-year-old Kathryn Nguyen, stole the funds back in January 2018, at […]

XRP’s Rally Continues, Up by 4.5% Today Despite Sales by Ripple and Jed McCaleb

According to data by CryptoCompare, XRP’s strong rally in the past two-week period has taken it all the way from $0.1986 (10:00 UTC on July 21) to $0.3262 (03:00 UTC on August 2), which is the highest it has been since February 15. Scott Melker, a crypto trader at Texas West Capital, yesterday, called this […]

MoneyGram Received $15.1 Million in XRP Incentives From Ripple in Q2 2020

MoneyGram has received $15.1 million from Ripple in the second quarter of this year for providing liquidity to the company’s XRP cross-border settlement network, the On-Demand Liquidity (ODL) platform. According to MoneyGram’s second-quarter results, the Texas-based remittances firm received the funds in what it called “market development fees,” which were offset by transaction expenses of […]

Analysts Say XRP is Pushing Against Significant Resistance After Recent Price Rally

Several crypto analysts are pointing to XRP pushing up against significant resistance after reaching a relative price high.

Popular Crypto Analyst Peter Brandt Says Bitcoin Pointing Towards All-Time High, XRP Could Follow

Veteran crypto analyst Peter Brandt said bitcoin appeared to be setting for a new all-time high before settling at $50,000.

YouTube Denies Liability for Cryptocurrency Scams and Impersonators

YouTube lawyers have countered Ripple and CEO Brad Garlinghouse’s lawsuit by saying the video streaming platform is not liable for cryptocurrency scams and impersonations generated by third parties. 

XRP-Related Tweets Hit New All-Time High After 11% Rally

The number of tweets being published by users on the microblogging platform related to XRP, the fourth-largest cryptocurrency by market capitalization, has skyrocketed to a new all-time high. According to data from BitInfoCharts, a total of 29,143 tweets related to XRP were published on July 9. The surge saw XRP-related tweets, for the first time ever, […]

Ripples Success as a Payment Company May Not Benefit XRP, Says Pompliano

Morgan Creek Digital co-founder Anthony “Pomp” Pompliano believes that Ripple’s success as a payment protocol company may not benefit XRP in the long run. 

Alleged Crypto Ponzi Scheme Moves Over $100 Million in EOS and XRP

PlusToken, an alleged Chinese cryptocurrency Ponzi scheme, has just moved well over $100 million worth of XRP and EOS, which could threaten a dump on the market according to blockchain sleuths.

Ripple Named One of CNBCs Most Disruptive Companies

Ripple has been named one of the top 50 most disruptive companies, according to a new report by CNBC. 

Survey: Japanese Investors Prefer Bitcoin and XRP Over Ethereum

Japanese investors prefer bitcoin and XRP over ethereum, according to the results of a new survey by BitMax

Ripple Co-Founder Steadily Cashing Out His XRP: Report

A new report on XRP cashflows from flipside has revealed several interesting characteristics about the XRP ecosystem, one of which is Jed McCaleb’s steady liquidation of his assets through Bitstamp.

Ripple Hit With Another Lawsuit Over Alleged XRP Security Laws Violations

Ripple and its CEO Brad Garlinghouse have been hit with another class-action lawsuit alleging securities laws violations regarding the sale and marketing of the XRP token.

YouTube Suspends Ripple CTO’s Channel Days After XRP Scam Lawsuit Was Filed

Google-owned YouTube has suspended the channel of Ripple’s Chief Technology Officer David Schwartz, just days after the firm launched a lawsuit against it over its failure to stop XRP giveaway scams on its platform.

XRP Giveaway Scams May Have Stolen Over $1.5 Million

Researchers from “community-driven” XRP data aggregator xrplorer have claimed on social media that XRP giveaway scams may have stolen over 8.5 million tokens from users, worth over $1.5 million.

XRP Army Slowly Shrinking According to Report

The trend of decreased XRP mentions on Twitter has continued in 2020, with a new Q1 report marking the correlation between XRP’s declining price and social media mentions.

Malaysian Remittance Firm Explains How It Is Benefiting From Ripples Technology

On Wednesday (April 15), Malaysian remittance firm MoneyMatch explained how it has been using Ripple’s technology to “offer cheaper and faster payments to more than 120 countries around the world.”

Bank of America Execs Confirm Partnership with Ripple

Several Bank of America executives discussed the future of digital payments, confirming the bank’s partnership with Ripple after years of speculation. 

Ethereum and XRP Could Power Central Bank Digital Currencies, Bank of France Says

The Bank of France has touted ethereum and xrp as potential cryptocurrencies to power future central bank digital currencies. 

Ripple Co-Founder Chris Larsen Beats COVID-19, Now Helping Others to Fight It

On Thursday (April 2), Chris Larsen, Co-Founder and Executive Chairman of Fintech firm Ripple announced that he had “made a full recovery” from COVID-19. 

Ripple-Backed XRP Payment Platform Launches on Google Play and App Store

XRP-powered payment platform XUMM has launched the beta version of the application on Google Play and the iOS App Store. 

Ripple-Powered Santander App for Cross-Border Payments to Expand to Mexico This Year

The Ripple-powered cross-border payments app launched by Spanish banking giant Santander, One Pay FX, is set to expand to Mexico this year.

Class Action Lawsuit Accuses Ripple CEO of Liquidating Holdings While Touting XRP

Ripple CEO Brad Garlinghouse is being accused of touting XRP to investors while selling his own holdings of the token, according to an updated complaint made to a class-action lawsuit filed in May 2018. 

XRP Surges 8% as it Seems to Be Starting to ‘Retrace Months of Underperformance’

The price of XRP, the third-largest cryptocurrency by market cap, has risen over 8% over the last 24 hours as it’s outperforming most other top cryptocurrencies.

$160,000 Worth of XRP Reportedly Stolen via Fake Google Chrome Extension

A total of 1.4 million XRP, worth over $160,000 at press time, have reportedly been stolen from users via a malicious Google Chrome extension.

Remittance Firm Intermex Won’t Use Ripple in Its ‘Core’ Markets, Ceo Says

Remittance firm Intermex, which recently announced a partnership with Ripple, says it will not be using the service in “core” markets like Mexico. 

Thai FinTech Firm Joins RippleNet to Improve Processing of Cross-Border Payments

On Wednesday (March 18), Ripple announced that Thai global remittance firm DeeMoney had become the first non-bank financial institution in Thailand to join RippleNet (Ripple’s global payments network).

Ripple Partner TerraPay Acquired by Investor Group

Ripple payment platform partner TerraPay has been acquired by a consortium investors in addition to receiving $9.6 million in new capital. 

Mexicos Largest Crypto Exchange Talks About Ripple Partnership: ODL Is Amazing

Recently, Bárbara González Briseño, the Head of Finance at Bitso, Mexico’s largest crypto exchange, talked about her company’s partnership with Californian FinTech firm Ripple.

Selling XRP Keeps Ripple Profitable, CEO Brad Garlinghouse Says

Ripple CEO Brad Garlinghouse says that the company would not be profitable without selling XRP. 

Ripple CTO David Schwartz Explains Evolution of the XRP Ledger

On Thursday (February 27), David Schwartz, Ripple’s Chief Technology Officer (CTO), spoke about the evolution of the XRP Ledger.

Azimo Using Ripples XRP-Powered ODL Service for Payments to the Philippines

On Wednesday (February 26), European online remittance firm Azimo announced that it had partnered with Californian FinTech firm Ripple.  

MoneyGram Received $11.3 Million From Partnership with Ripple in 2019

A recent earnings report by MoneyGram shows that the remittance company received $11.3 million in benefits from RIpple in 2019. 

Ripples Xpring Building Interoperability Bridges Between XRP and ETH

Ripple’s investment and development arm Xpring is committed to building interoperability bridges between XRP and Ethereum. 

XRP Retracement Still Safely Within Limits, Possibly Finding Support Price Analysis

Some signs of strength on the low timeframes make this troublesome altcoin worth watching right now.

CEO Brad Garlinghouse Envisions Ripple as Amazon in Five Years

Ripple’s CEO Brad Garlinghouse appeared in an interview with CNN’s Julia Chatterly, where he compared his company’s growth to Amazon in five years. 

National Bank of Egypt Joining RippleNet for Remittance

Egypt’s largest bank by total assets, the National Bank of Egypt (NBE), has joined the blockchain-based payment network RippleNet for improved remittance. 

Ripple Co-Founder Jed McCaleb XRP Sale Update: 1 Billion Sold, 4.7 Billion to Go

Jeb McCaleb, a Ripple co-founder who served as its CTO until 2013, has reportedly sold over 1 billion XRP so far, and still has 4.7 billion tokens left to sell, according to a report.

Galaxy Digital CEO Novogratz Blames Ripple for XRPs Lackluster Forecast

Galaxy Digital CEO Mike Novogratz told a room of financial advisers to prepare for another lackluster year for XRP, blaming Ripple as the primary culprit for the coin’s performance. 

Intermex Partners With Ripple to Use RippleNet and ODL, XRP Surges 12%

On Tuesday (February 4), Miami-headquartered money transfer company International Money Express (aka “Intermex”) announced that it had partnered with Californian FinTech company Ripple in order to implement “new solutions on RippleNet and ODL.”

BitMEX Launches New XRP Perpetual Product Despite Its CEO Not Being a Fan of XRP

Cryptocurrency derivatives exchanges BitMEX is set to debut a new perpetual swap product for XRP- the third-largest cryptocurrency by market capitalization, on February 5 at 4:00 UTC.