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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Airline stocks hit by quarantine news London-listed stocks started the week in the red, with the travel sector taking the market lower after the British government introduced a 14-day quarantine for travellers coming in from Spain. In the FTSE 100, International Consolidated Airlines Group (IAG) fell 5.9% and Intercontinental Hotels Group closed 4% down. In…
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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 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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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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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…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for September 10, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Parliament is Out of Order 5G Portfolio Some added Pressures Please note: All data, figures & graphs…
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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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While Bitcoin may dominate the cryptocurrency headline space, there are definitely many other coin programs in the Crypto-verse that might command your attention from time to time, if not for investment purposes, then for their “use cases” in the world of blockchain innovation. According to Coinmarketcap.com, there are over 2,300 token programs at last count,…
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