BLOCKCHAIN • CRYPTOCURRENCY • NARRATIVE JOURNALISM
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A former U.S. Securities and Exchange Commission (SEC) member Michael Didiuk talked about Ripple (XRP). He argued that the third largest cryptocurrency by market cap is a currency rather than a security. Didiuk gave a number of reasons to support his claim. Didiuk cited the Howey (a 1946 Supreme Court case) which outlined four main [...]
According to the official tweet on October 3, Ripple-powered payment mobile application "MoneyTap" is now officially available for download. The consumer-centric service was jointly developed by Ripple Lab and Japan-based banking giant SBI Holdings. The product’s websites say that MoneyTap will utilize Ripple’s revolutionary product xCurrent to achieve domestic interbank transfers in real-time. Account holders [...]
William Hinman, Director of the Division of Corporation Finance, was quoted this summer saying that Ether, Ethereum’s native token, wasn’t a security under federal law. He said that through token sales and distribution, ether has significantly become decentralized since its launch. Ever since he gave this opinion, Ripple (XRP) enthusiasts have tried to prove that [...]
Ripple surprised many listeners at the Swell 2018 conference in San Francisco by announcing that the company’s cross-border payment solution xRapid that utilizes XRP is now commercially available. It will go into production with three different payment service providers. Furthermore, Brad Garlinghouse stated that XRP is 1,000 cheaper and 1,000 times faster than Bitcoin. Ripple [...]
Ripple's Swell Conference 2018 kicked off yesterday with a major announcement. Ripple announced that xRapid is now commercially available and will go into production with multiple customers. The XRP price rose briefly from around 0.54 to nearly 0.60 USD after this announcement. When Ripples CEO Brad Garlinghouse hit the stage yesterday, he initially stated that Ripple [...]
Ripple’s Swell Conference will be held for two days starting from today and former US President Bill Clinton will be the keynote speaker. Some of the world’s experts in technology, finance and politics have also been invited to discuss how to use Blockchain, Ripple, and cryptocurrencies in general. Bill Clinton, the 42nd President of the [...]
Ripple (XRP) and Ethereum (ETH) are battling for the second position on CoinMarketCap once again. Last week, Ripple dethroned Ethereum from the second spot. However, the reign was short-lived as Ethereum reclaimed its place back after a few hours. Ripple Price Increases XRP’s price experienced another bullish force today – recording a 5% gain [...]
Ripple announced via a post on its “Insights” blog that Thailand’s first domestic bank Siam Commercial Bank (SBC) has become the first financial institution on RippleNet to use the ‘Multi-Hop’ feature. The blockchain startup tweeted this: “@scb_thailand will be the first to use ‘multi-hop’, a key feature on RippleNet that allows financial institutions to forward [...]
San Francisco-based Fintech company Ripple recently released an official statement announcing the launch of their social program, dubbed “Ripple for Good (RfG)". The blockchain startup will commit $105 million in funding a number of projects with much emphasis on education and financial inclusion across the world. Ripple plans to work with RippleWorks. This is a [...]
Ripple (XRP) once again threatened to overthrow Ethereum (ETH) from the number two spot on the CoinMarket rankings following its massive 22 percent price increase in less than a day. In the top ten digital currencies by market cap, only Bitcoin Cash (BCH) outshined Ripple in terms of price performance over the past 24 hours. [...]