Ripple News

Australian Woman Jailed Two Years for Stealing $300,000 Worth of XRP

An Australian hacker who stole 100,000 units of the XRP cryptocurrency has been sentenced to a maximum of two years and three months in jail, local media reported.

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Veteran Analyst Peter Brandt Scorns 'XRP's Bag Holder,' Compares Ri…

Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart people” have drank the “XRP-Kool-aide.”

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Ripple Sues Youtube For Allowing Scams That Promised Returns Up to…

Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices, but participants in the “giveaway” never received the money, according to court papers.

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Ripple CEO's Public Statements About XRP Token Under Fire in Class-…

Plaintiffs in the class action lawsuit against Ripple Labs have filed another litigation complaint against Ripple CEO Brad Garlinghouse. The news follows the recent court judgment that denied Ripple Lab’s attempt to get the case dismissed.

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Third-Party Cryptos Could Launch on XRP Ledger, Says Ripple’s David…

Ripple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger, the firm's tech chief has said.

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MoneyGram Got Another $11M From Ripple to Use Its Cross-Border Paym…

Payments firm Ripple has given MoneyGram, a remittance firm, over $11 million in the past half year, according to regulatory filings with the Securities and Exchange Commission (SEC).

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Mastercard and Ripple’s Xpring Join Industry Group to Promote Block…

Mastercard has joined a working group that supports blockchain education and research in universities around the world.

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Ripple’s Brad Garlinghouse Hints Firm May Seek IPO Within 12 Months

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.

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Ha…

A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security.

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Ripple’s Revamped Xpring Platform Looks to Boost XRP Development

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. 

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What’s Next in the Securities Case Against Ripple Over XRP

The Takeaway:

  • Monday is the deadline for an XRP holder to file a response to Ripple’s motion to dismiss his suit against the company.
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Bitcoin May See November Price Boost With Halving Due in Six Months

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  • Bitcoin tends to pick up a strong bid six months ahead of the reward halving, according to historical data.
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Ripple Invests in Biometric Cybersecurity Startup’s $2.2 Million Round

Cybersecurity startup Keyless has raked in $2.2 million in seed funding to expand a security product that unlocks access to users’ private keys with encrypted biometric data.

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Blockchain-Shy Bank of America Quietly Pilots Ripple Technology

Bank of America, the second-largest bank in the U.S., has quietly tested out Ripple’s distributed ledger technology – and may be planning to do more with it.

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Ripple’s Xpring Launches Crypto, Fiat Payments That Integrate Into…

Ripple’s Xpring is launching a platform it says makes it possible for developers to integrate fiat and cryptocurrency payments into any application.

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Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s…

Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund, the company said.

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Ripple Partnership Provides New Payment Rail for UK Remittance Firm

Distributed ledger startup Ripple has added a new client to its global settlements platform, RippleNet.

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Santander to Connect Latin America to Ripple-Powered Remittance Ser…

Spanish megabank Santander Group is expanding its use of Ripple’s technology.

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XRP Price Charts First ‘Death Cross’ Since April 2018

XRP is flashing red this Tuesday morning with a long-term price indicator turning bearish for the first time in over a year.

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Ripple CEO Intends to ‘Press Advantage’ With New Investments

Blockchain payments startup Ripple is looking to make new investments and acquisitions, with a few deals reportedly underway, according to the company CEO.

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XRP Was Worst Performing Top-10 Crypto in H1 – But BNB Shone

The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains.

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Ripple Could Invest Up to $50 Million in MoneyGram in XRP Boosting…

Blockchain payments startup Ripple has struck a deal to buy a stake in money transfer giant MoneyGram, the companies announced Monday.

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Golden Crossover: XRP Heads for Bullish Chart Pattern as Price Clim…

XRP is teasing a long-term bullish reversal, with a surge in price and a bullish chart pattern likely to occur next week.

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Ripple Adds SBI President To Its Board of Directors

Blockchain payments startup Ripple has added new director to its board, Yoshitaka Kitao, who is currently president, representative director and CEO of Japanese financial giant SBI Holdings.

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XRP Sentiment Manipulated by Thousands of Bots, Analyst Claims

In January, news.Bitcoin.com reported on the so-called ‘XRP army’ harassing Ryan Selkis, the cofounder of cryptocurrency data startup Messari. A recent data analysis has now alleged that the XRP army of shills is comprised of thousands of bots trying to sway market sentiment across social media channels like Twitter.

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Ripple CEO Brad Garlinghouse on JPM Coin: Other Banks Won’t Use It

Brad Garlinghouse, the CEO of San Francisco blockchain startup Ripple, gave JP Morgan Chase qualified praise Wednesday for creating its own stablecoin, before dismissing the product’s likelihood of adoption by other banks and questioning its usefulness.

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Ripple Scores Minor Victory in US Securities Class Action

A judge has ruled that an ongoing class action lawsuit against Ripple must remain in federal court, potentially giving the payments firm a slight advantage going forward.

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Euro Exim Bank Taps Ripple’s xRapid for Cross-Border Settlements

Euro Exim Bank, a London-based bank primarily focused on providing financial services for export and import companies, will become the first bank to publicly announce it is using the XRP cryptocurrency for cross-border payments.

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Ripple Says XRP Cryptocurrency Sales Doubled in Q3 2018

Distributed ledger tech startup Ripple saw revenue from the sale of the digital asset XRP more than double this past quarter compared to the second quarter of 2018.

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Ripple Event Reveal: 3 Companies Are Now Using XRP for Real Payments

After a series of highly-publicized pilots, three companies are now making commercial use of Ripple's xRapid product.

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