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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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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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…
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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…
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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…
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An XRP army has started a petition demanding that Ripple stop selling (dumping) XRP on the market. The problem seems to be the fact that Ripple is dumping XRP in large quantities on a quarterly basis. Ripple holds a large amount of XRP and the company has been selling it off to inflate volume data…
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The Financial Conduct Authority (FCA), UK’s primary regulatory watchdog, has finally recognized Ripple’s XRP token in a similar fashion as it has for Bitcoin (BTC) and Ethereum (ETH). The latter two crypto coin systems had already been classified as being an exchange or utility token, as opposed to being deemed a security and then subject…
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Despite the fact that the cryptocurrency market is up and going in 2019, Ripple has not had a very bright start of the year. The thing is that Ripple has not managed to increase its value to a support level of $0.32 and has declined massively against the USD and BTC. According to analysts, the…
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Some of the biggest technology names in the world are teaming up for a new XRP-based project. The XRP remittance company SendFriend has just raised a staggering $1.7 million pre-seed funding round. The funds are coming from 13 of the best known tech and blockchain companies. According to its website, SendFriend is an innovative startup…
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Ripple is definitely one of the most interesting cryptocurrencies out there. The most recent “news” is that a Ripple “whale” has moved the market big time. The whale is the company itself, Ripple. It has moved somewhere around $300 million of XRP coins from one of its accounts to another one. More interestingly though, the…
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