A lawsuit claiming Ripple violated securities laws will be allowed to move forward – though with a caveat favorable to the San Francisco-based payments firm. In a ruling Wednesday, U.S. District Judge Phyllis Hamilton, of the Northern District of California, allowed a putative class-action lawsuit by retail XRP (XRP) buyers to proceed. Hamilton said the […]
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DAVOS, Switzerland — Ripple CEO Brad Garlinghouse said an initial public offering (IPO) is seen as the “natural evolution for the company,” perhaps even this year. “I think over the next 12 months you’re definitely going to see IPOs in the crypto, blockchain space. I’m not sure we want to be first but we certainly don’t […]
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Blockchain-based payments firm Ripple has raised $200 million in a Series-C funding round led by alternative asset investment firm Tetragon. Japan’s SBI Holdings and VC firm Route 66 Ventures also participated, Ripple announced on Friday. “We are in a strong financial position to execute against our vision. As others in the blockchain space have slowed […]
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Ripple has condensed its broad Xpring developer platform into a single site. The new platform aims to allow crypto and non-crypto developers to integrate payments into any mobile application. Now, Xpring.io offers those developers a wallet, new tools, technical documentation and Xrping customer service. The new platform was announced in October, though the company needed […]
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Payments startup Ripple has completed the acquisition of its $50 million stake in remittance platform MoneyGram, the companies announced Monday. According to a filing with the U.S. Securities and Exchange Commission (SEC), Ripple, in its final payment, bought $20 million of MoneyGram equity at a price of $4.10 per share, more than a dollar per […]
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Is Ripple decentralized or not? One expert weighs in. | Image: Shutterstock Ripple fans adamantly preach that the cryptocurrency runs on a decentralized network. A quick search of the term “Ripple Decentralized” on Twitter reveals hordes of accounts claiming that “The Standard” is decentralized in nature. Many are even ganging up in an attempt to […]
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Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn’s 2019 top 50 startups list. | Source: Shutterstock; Edited by CCN Despite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the […]
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Crypto startups Coinbase and Ripple have dropped from top-10 positions to No. 28 and No. 29, respectively, on LinkedIn’s 2019 top 50 startups list. | Source: Shutterstock; Edited by CCN Despite being a relatively new sector, the blockchain and cryptocurrency space can this year boast of having two crypto startups, Coinbase and Ripple, in the […]
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The Ripple price is a screaming buy, according to market analyst Naeem Aslam. But should investors tread with caution when it comes to XRP? | Source: Shutterstock By CCN Markets: Since late June when the Ripple (XRP) price reached its 2019 high near $0.50, the cryptocurrency has plummeted nearly 50 percent. Currently, XRP is trading […]
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Ripple CEO Brad Garlinghouse has stated that the high level of scrutiny that Facebook has invited from regulators and policymakers with regards to the Libra cryptocurrency efforts is of the social media giant’s own making. Speaking on Bloomberg TV, Garlinghouse suggested that Facebook may have gone too far by stating in its white paper that […]
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