In the first quarter of the year, after a drop in its sales of XRP tokens. The California-based fintech company Ripple sold more in the second quarter thanks to demand from institutional buyers. Total sales of Ripple’s XRP ended in the second quarter at USD 32.55M, compared to USD 1.75M in the first quarter. A […]
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 […]
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 […]
Analyzing known Ripple co-founder Jed McCaleb wallets reveals he sold off at least 54 million XRP from 1-30 April. According to a May 2 article by TheCryptoAssociate based on data from known addresses of McCaleb, the co-founder of Ripple tends to periodically liquidate his token supply. Data reveals that, in April, the wallet address allegedly […]
Ripple is up more than 10 percent, breaching the main $0.2000 area of resistance against the US dollar. XRP price shows promising signs, indicating a similar bitcoin breakout over $8,000. Ripple has made a couple of attempts over the last couple of days to clear the $0.2000 obstacle. XRP price formed a solid base of […]
Ripple is moving comfortably against the US Dollar in a bullish region above $0.1950. The XRP price is likely to increase above resistance rates of $0.2000 and $0.2020. On the XRP / USD pair’s hourly chart (data source from Kraken) there is a big bullish trend line forming with support around $0.1955. The pair is […]
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 […]
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 […]