Category: Ripple

Ripple
April 30, 2021 BY Steffy Bogdanova

Ripple hints at IPO amidst lawsuit settlement

With this in mind, Kitao added: We have been investing in fintech companies, and we adopt that technology in our group, and also we spread that technology across the industry. That is SBI Group’s basic strategy. Ripple CEO Brad Garlinghouse has made previous hints about the potential of a public offering from the firm, yet…

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June 17, 2020 BY Steffy Bogdanova

RippleNet Cloud announces its first bank customer Banco Rendimento

Ripple’s list of financial institution using RippleNet Cloud includes: Azimo DeeMoney iRemit MoneyGram MoneyMatch Usend / Pontual Viamericas Jacques Zylbergeld, FX Superintendent at Banco Rendimento commented: Migrating our payment infrastructure to RippleNet Cloud allows us to provide our customers with a best-in-class experience. Customers can now enjoy more transparency and easier navigation for both submitting…

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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…

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Ripple CEO on speaking trail, but draws criticism for rewriting XRP history
May 15, 2020 BY Steffy Bogdanova

Ripple to launch loan product offering for RippleNet users

Ripple says the new product manager will oversee how the company can assist customers with working capital loans. He will be responsible for creating the relevant structures for execution of the loan offering, as well as developing the risk capabilities to understand how to price new loan offerings. Working capital loans are usually need by…

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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…

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

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Ripple
November 08, 2019 BY Mariela Naydenova

Ripple CEO on cryptocurrencies: Only 1% will survive

Brad Garlinghouse is definitely one of the most well-known figures in the cryptocurrency world. He is the CEO of Ripple. He recently gave his opinion on what the cryptocurrency future can look like, and it's not a positive outlook in terms of numbers of surviving alt coins and volume. Garlinghouse predicts that around 99% of…

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