Ripple lawyers move for dismissal of fraud charges in an XRP lawsuit LeapRate

June 10, 2020 BY Steffy Bogdanova

Ripple lawyers move for dismissal of fraud charges in an XRP lawsuit

The lead plaintiff Bradley Sostack filed the complaint in the California Court with seven claims against Ripple and Brad Garlinghouse including unregistered offer and sale of securities and fraud claims against the defendants alleging that they made false or misleading statements regarding the virtual currency XRP. The lawsuit alleges that in a few instances the…

Ripple investors are a loyal lot, despite XRP posting YTD negative returns

January 09, 2020 BY Mariela Naydenova

Siam Commercial Bank launches an international payments app on Ripple

Thai Bank Siam Commercial Bank, or SCB for short, is the oldest bank in Thailand. SCB has now decided to collaborate with Ripple to create a cross-border payments app. The news was announced by Ripple on January 8th. According to the announcement, the mobile app will be called SCB Easy and will run on Ripple's…

Ripple CEO on speaking trail, but draws criticism for rewriting XRP history

January 07, 2020 BY Mariela Naydenova

Bitbox delists XRP trading pairs

The global Singapore-based cryptocurrency exchange Bitbox announced on 6th of January that it will delist all trading pairs that include XRP. Bitbox has not released the exact reason as to why it is delisting all XRP-based trading pairs, but one thing that markets suggest is that the growing concerns related to the Ripple currency might…

Two academics contend 2017 Bitcoin bubble due to Whale’s manipulation

January 01, 2020 BY Mariela Naydenova

Whale alert: Huge amount of XRP released, part of it goes to Ripple's co-founder

The new year hasn't even started out yet and there are already massive whale alerts going off in the crypto space. Today, there was a Whale Alert Twitter account that detected a huge amount of XRP released by Ripple to its so-called Funding Wallet 1. The Funding Wallet 1 was created by Ripple's co-founder and…

December 20, 2019 BY Mariela Naydenova

Ripple raises $200 million to advance global payments

Ripple has recently raised $200 million in what is the company's Series C round, reports Tech Crunch. The leading investor in this funding round is Tetragon, followed by Route 66 Ventures and SBI Holdings. Ripple is now valued at around $10 billion. This is what Brad Garlinghouse, the CEO of Ripple stated: We are in…

November 13, 2019 BY Valentina Kirilova

MoneyGram reveals Ripple-enabled benefits in Mexico remittance market

The global remittance market, the movement of funds from various diaspora across the globe back to their home country, is a mammoth market. The World Bank Group expects remittances in 2019 to grow to $715 billion, and its shear size has spawned a multitude of startups over the past two decades, eager to run circles…

November 05, 2019 BY Valentina Kirilova

Traditional equity advisor: ‘Bitcoin: The Calm Before Its Next Wave Higher’

Conservative investment advisors are of a different breed, especially when it comes to appraising the merits of cryptocurrencies. This part of the institutional investor arena will generally be the last ones to come to the crypto party, but not everyone of this genre is solidly in this “stay-away” camp. One of these contrary fellows is…

October 11, 2019 BY Valentina Kirilova

Ripple CEO on speaking trail, but draws criticism for rewriting XRP history

Brad Garlinghouse, the talkative CEO of Ripple Labs and manager of the XRP token, has taken to the speaking trail to defend his product offering, but in an odd twist, his critics claim that he is trying to distance himself from the creation of the XRP token. Yes, his ongoing battle with the SWIFT organization…

October 08, 2019 BY Valentina Kirilova

Ripple investors are a loyal lot, despite XRP posting YTD negative returns

Ripple Labs, the crypto entity whose mission is to revolutionize the cross-border payments industry by replacing antiquated clearing organizations like S.W.I.F.T., seems to make headway with each announcement regarding its XRP-driven platform, but it appears to be one of those “two-steps-forward-one step back” kind of enterprises. Good news is usually followed by the executive team’s…

September 02, 2019 BY Valentina Kirilova

Ripple CEO feeling the wrath of stakeholders over XRP dumping on market

Brad Garlinghouse, the outspoken CEO of Ripple, has been under fire of late, and this time it has nothing to do with his calling out the S.W.I.F.T. network and its participating member banks as being archaic when it comes to cross-border payments. There is an ongoing debate with the SEC and one lawsuit over whether…

Tag: ripple