Bitcoin 

Ripple Releases XRP Worth $225 Million From Escrow

Ripple has found itself in the eye of the storm at different points this year for selling a large amount of XRP at regular intervals. The San Francisco-based company is the biggest holder of XRP, the third-largest cryptocurrency in the world by market cap, and hence its actions have a bearing on the price of the token. How Will the Market React? In a new development, it has emerged that the fintech company has released another 1 billion XRP tokens, which are worth $225 million. Despite enjoying such a large…

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Bitcoin 

Ripple Finalizes $50 Million Investment in MoneyGram

Blockchain service provider Ripple Labs has finalized its $50 million investment in MoneyGram International (NASDAQ:MGI). The money transfer company received the final $20 million from the San Francisco-based firm as part of the commitment made in June 2019. Ripple Completes Investment in MoneyGram In June, the blockchain provider committed $30 million as part of the investment, and now it has completed the transaction. In the latest transaction, Ripple acquired MoneyGram’s newly issued stock at $4.10 per share, which is much higher than MoneyGram’s current market valuation. With the investment concluded,…

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Blockchain 

Ripple Invests in Cybersecurity Startup Funding Round

Ripple has invested in a $2.2 million USD seed funding round by London-based cybersecurity startup Keyless via its investing division, Xpring. Keyless claims to be the first company in the world to combine biometrics with secure multi-party computation. Xpring was launched in 2018 with the intention of enabling the Internet of Value, an online ecosystem allowing for the seamless movement of money. Since then, it has evolved into more of a startup investment arm of Ripple, funding unique and high-potential projects in the world of crypto in order to enable widespread adoption…

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Blockchain 

Ripple Boosts Regulatory Focus With Opening of DC Office

Ripple has increased its focus on regulatory advocacy for cryptocurrency by opening an office in Washington DC with a dedicated regulatory team. With regulatory attitudes towards cryptocurrencies becoming a focal point of conversation, particularly as the controversy around Libra dominates headlines, Ripple has decided to take a proactive step in the matter. It has become the first major blockchain company to launch a division specifically dedicated to educating lawmakers on the benefits of blockchain technology, with four team members moving into the new premises in the US capital. Ripple has…

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Blockchain 

Ripple (XRP) Outperforming in October

While the crypto rally went on during the first half of the year, XRP, the cryptocurrency that is often referred to as Ripple, performed much worse than the rest of the market. Key Drivers However, it seems that those days are now over, and it has now emerged that the best performer in the crypto space in October so far has been XRP. It is a remarkable turnaround for a cryptocurrency that seemed to be at a crossroads for much of the year. In fact, Ripple, the company that owns…

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Blockchain 

Latest Ripple News | Find Out Why XRP Is Down, Down, Down

It’s Monday, and the crypto markets are not looking good. Now, a lot of that has to do with the Coinrail hack over the weekend, but that’s not the sole reason certain virtual currencies are plunging. For instance, Ripple (XRP) has seen better days.  In this article, we will be looking at XRP’s daily chart, as well as investigating some of the news that has surfaced about the company and coin this week. Ripple Price Chart | June 11, 2018 Ripple (XRP) is currently selling for $0.57. This puts the…

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Blockchain 

Ripple Launching XRP Third Party Developer Platform

Ripple has announced it is launching a new platform that will allow developers to integrate both fiat and cryptocurrency into any app. The platform is being developed by Ripple’s Xpring division, the investment branch of the company, and will provide developers access to a range of services such as an Xpring software development kit that allows for the integration of XRP apps in multiple programming languages. Xpring was launched in 2018 with the intention of enabling the Internet of Value, an online ecosystem allowing for the seamless movement of money.…

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Blockchain 

Ripple Transfers XRP to New Trading Address

Over the past month or so, the Ripple (XRP) community has been in the news due to the way in which Ripple, the largest holder of XRP, has dumped the token in copious amounts. It has been alleged that the company’s actions have resulted in the poor performance from XRP during the crypto rally during the first half of the year. Key Details While the company did explain that it was not a ‘dump,’ a new development has emerged that could send the community over the edge once again. According…

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Blockchain 

Ripple Shuns Securities Question | Dismisses XRP Lawsuit

Over the past few years, XRP has grown into the third-biggest cryptocurrency by market cap, and much of the credit for that goes to the company Ripple. The company holds the highest number of XRP tokens, and as a result, its activities have a direct impact on the price of the token. Over the course of September, the San Francisco startup has come under a lot of pressure from the XRP community due to the high volume of tokens it’s been selling. In a new development, the company has now…

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Blockchain 

Ripple (XRP) Soars 15% Suddenly, Other Cryptos Follow

The cryptocurrency space might have seen a remarkable surge in the first half of the year, but that was not the case with Ripple (XRP), the world’s third-biggest cryptocurrency by market cap. Ripple’s Rally a Boost for the Crypto Market As a matter of fact, XRP’s poor performance during the height of the Bitcoin rally prooved to be a huge bone of contention in the XRP community. However, that problem might be coming to an end as the XRP token has experienced a massive surge today, and over the course…

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