According to filings through the Securities and Exchange Commission (SEC), money transmission network MoneyGram has gained over $11 million from the blockchain-based payments firm Ripple Labs. In a press release by MoneyGram, the company stated it had received funds from Ripple divided over two quarters: in the fourth quarter, $8.9 million, and $2.4 million in […]
Omni, one of the Ripple’s first major investments just closed its doors for good. Originally based in San Francisco, Omni (the peer-to-peer rental startup) was earlier reported to shut down its operations by late 2019. However, the piece of news becomes true this week. According to new reports, the company officially ends its services and […]
The director of product at Ripple, Craig DeWitt, has been working on a personal project for a couple of months now. His sole mission is to connect digital content creators such as musicians directly with consumers to help cut costs. In an exclusive interview with The Block, he told that when you cut out the […]
As 2019 comes to an end, deciding the best cryptocurrency to invest in 2020 is the first and foremost thing that strikes our minds. Isn’t it? So, how you are going to decide on this. Let us help you by bringing an analysis of the leading cryptocurrencies rated by adoption, technology, investment reward, and risk. […]
Ripple, the blockchain payments firm, is targeting more partnerships with Brazilian banks in 2020. Recently, the company hit a valuation of $10 billion; and therefore, plans to expand partnerships. The firm’s current focus is to coordinate with banks and regulators in Brazil to make remittances more efficient. The Managing Director of Ripple, South America Luiz […]
Ripple and XRP, the payments giants today, can truly transform global payments. The MoneyGram CEO Alexander Holmes says in his recent press meet. The comments come from the CEO when he is delivering new insight into the company’s partnership with Ripple. The two companies teamed up in June, with Ripple buying a $50 million stake […]
The Japanese most popular messaging app LINE has launched its new crypto trading platform, Bitmax. It will be available to the residents of Japan with a LINE account…
Bradley Sostack, an XRP investor filed a class-action suit against Ripple. Sostack alleges that the firm is violating federal law as it is selling XRP under a false remark of an unregistered security. The classic suit filing is done at the US district court in California…
For the first time, South America is bullish in Ripple’s underlying technology. Chile’s financial entity “Currency Bird” has signed a partnership deal with Ripple. With this, Currency Bird has joined the list of significant players that are already employing Ripple’s product across their payment services…
Ripple, the blockchain payment network has made an open request to the US regulators for making supportive crypto regulations. It has signed an open letter to Congress making a request for fresh regulations. The letter has highlighted that it considers the importance of banks and policies for the monetary exchange system…
