Distributed ledger startup Ripple has signed up nine additional users for its global payments network product, RippleNet. Announced today, new members include Bexs Banco de Cambio, a processing service for international payments, and dLocal, the payment service behind Uber and GoDaddy. The other firms joining the network's now 100-plus members include Credit...
Distributed ledger startups Ripple and R3 have become embroiled in a new legal battle, with both startups filing lawsuits related to a contract dispute between the two firms. Ripple alleged in a complaint filed today in the Supreme Court of California that R3 failed to honor an agreement that included...
BitcoinIRA, a company that allows users to create retirement funds based on cryptocurrencies, is adding new options to its portfolio. Starting with Ripple's XRP token from today, the firm also plans to add further cryptocurrencies in coming weeks, including litecoin, ethereum classic and bitcoin cash. BitcoinIRA already supports retirement accounts in both bitcoin and ethereum. The company, which is fully...
The Ripple price increased more than 10% on August 29 following news that the FinTech startup had hosted prominent officials from the Chinese central bank. Ripple Hosts PBoC Officials One tweet: that’s all it took to ignite the Ripple price and add $1 billion to the XRP market cap. On August...
Distributed ledger startup Ripple is stepping up its attempt to disrupt Swift, the infrastructure provider that today connects over 11,000 banks around the world. On the same day, in the same city as Swift's flagship event Sibos, Ripple has announced it will host Swell, an event also aimed at bringing the world's financial leaders together...
The price of XRP is up more than 40 percent in the past 24 hours, a move that comes amid a period of heightened volume in global cryptocurrency markets. Data from CoinMarketCap reveals that of XRP – the cryptocurrency of the Ripple network – is trading between $0.23 and $0.24. Much of the...
Swift is one step closer to adopting blockchain. After months of work, a team of developers at the inter-bank payments platform have completed a proof-of-concept built with the Hyperledger Fabric blockchain. Designed to test whether moving member bank accounts to a distributed ledger could help Swift reconcile in real time, the project is now ready...
Bitcoin's much-anticipated Lightning Network is now compatible with seven different payment networks. Today, blockchain services firm Bitfury and payments network provider Ripple are releasing new code that makes it possible to conduct Lightning-style transactions across a range of both blockchain and legacy payment networks. While still in its early stages of deployment, it's believed the Lightning...
Ripple is opening up about its plans to enter one of the world's largest markets. In new statements to CoinDesk, the San Francisco blockchain startup aimed to address rumors that first appeared last Thursday on XRP Chat, a forum dedicated to gossip and commentary on both the company and its technology. In short...
The price of Ripple has reached its long-term correction peak. Will the growth start or the rate decrease further? Long-term correction is coming to an end The Ripple network is expanding and 25 exchanges have placed the XRP tokens this year making 30 exchanges in total where Ripple is available for...