Ripple

Ripple Joins the ISO Global Standards Body for Cross-Border Payments

Ripple has become a member of the ISO 20022 standards body which is pushing a new payment and data communications technology system between global financial institutions. The company claims to be the group’s first centered distribute ledger technology (DLT). And that involves a range of international commercial and central banks alongside payment processing organizations such as SWIFT and […]

Ripple Hit With Another Lawsuit Alleging Violations of XRP Security Law

Attorneys for a company named Bitcoin Manipulation Abatement LLC have filed a complaint in a U.S. federal district court claiming Ripple deceived investors. And marketed XRP in violation of federal law as an unregistered security. The enigmatic company with little online presence accused Ripple and its Chief Executive Officer (CEO) Brad Garlinghouse of raising more […]

Aussie Crypto Unicorn Raises $160M Funding From ‘Big Four’ Bank

Aussie Crypto Unicorn Raises $160M Funding From ‘Big Four’ Bank

Airwallex, a member of Australian fintech unicorn and RippleNet, raised $160 million in a funding round led by Australian ‘big four’ bank, ANZ. Also, San Francisco-based cloud software firm, Salesforce. Moreover, it involves the round with current investors Tencent, Sequoia Capital China, DST Global and Horizons Ventures. Taking the sum of $362 million earned by […]

moneygram expands ripple partnership with $11.3 million

MoneyGram Expands Ripple Partnership with $11.3 Million

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 shuts down; sells engineering team to coinbase

Omni Abruptly Shuts Down; Sells Engineering Team to Coinbase

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 […]

xSongs by Ripple

New Year Gift from Ripple Executives to Music Artists

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 […]