Ethereum 

Ripple’s Xpring Introduces Smart Features to XRP Ledger

HomeNewsRipple NewsRipple’s Xpring Introduces Smart Features to XRP Ledger XRP is now the third-biggest cryptocurrency in the world by market cap, and much of the credit for its success goes to the San Francisco-based Fintech company, Ripple Labs. In a new development that should come as a major boost to Ripple holders, the company announced on Monday that it has come up with two new versions of the XRP Ledger. The announcement was made through the Ripple subsidiary, Xpring. Key Details The company has announced two new versions of the…

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Blockchain 

Class-Action Lawsuit Threatens Ripple’s Established Market

Ripple will have to defend itself in a long-running class-action lawsuit over claims it violated securities laws in selling unregistered securities. In the lawsuit, XRP buyers allege that they lost a substantial amount of money on relying on fraudulent promotional statements issued by Ripple that encouraged them to sell their XRP Tokens. Court Ruling The class-action lawsuit takes Ripple into a task for selling unregistered securities in total disregard of security laws in the US. A US District Court has since ruled that the class-action lawsuit can proceed, be it…

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Blockchain 

Ripple’s Xpring Acquires Logos Network to Build XRP DeFi Products

San Francisco-based crypto startup Ripple has acquired Logos Network, a payment platform, to help in developing decentralized financial products. Ripple is the firm behind XRP, which is the third-largest cryptocurrency. Xpring Growing Its Team The investment arm of the company, Xpring initiative, has already brought on board the Logos Network. Logos Network is a blockchain-based payment platform focused on scalability and speed. With the acquisition of the platform, Xpring will now have an additional nine engineers on its team. Xpring will now have a team of 32 members, quite the leap…

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Blockchain 

Ripple’s Brad Garlinghouse Clamps Down on XRP FUD

Ripple’s CEO, Brad Garlinghouse, has taken to Twitter in an attempt to clarify Ripple’s decision to sell XRP. Investments in the token have been dwindling, as many feel Ripple’s decision to continue selling its XRP is driving the price of the token down. Garlinghouse has previously explained that funds from the selling of XRP are funneled back into the company, using the money raised to develop various projects within Ripple. However, with the token now embroiled in a class-action lawsuit, investors have more reason than ever to steer clear from XRP. Thousands…

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Blockchain 

Ripple’s XRP Outperformed in Q2 2019 as the Token Seeks More Transparency

The crypto winter kept cryptocurrency markets in the grip for almost two years until sometime this year, but in this period of grey, one asset stood out. Ripple’s XRP continued to perform well within expectations. XRP’s Strong Performance in Q2 Ripple has indicated that XRP sales in the first and second quarters of 2019 have increased, which furthers asserts XRP’s immunity to the wild fluctuations in the cryptocurrency industry. Despite the company having large hoards of XRP, they have been restricting sales for the most part. Even still, in Q2…

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Blockchain 

JPM Coin Fails to Impress Ripple’s Brad Garlinghouse… Again

Ripple CEO Brad Garlinghouse has spoken out about JPM coin once again. This time, he gave the major US bank some praise for its new venture. Garlinghouse participated in a fireside chat yesterday at the 4th annual DC Blockchain Summit in Washington D.C. where he further discussed his views of the new bank coin. Brad Garlinghouse and JPM Coin DC Blockchain Summit March 6th 2019Brad Garlinghouse talking about JPM Coin#xrp #ripple #xrpcommunity #crypto #blockchain #xrpthestandard #0doubt #xrparmy pic.twitter.com/J2H1FZh2wu — ༜༝🅂🅃🅄🄰🅁🅃🅇🅁🄿💧⚡ (@stuart_xrp) March 6, 2019 In the chat yesterday, Ripple’s CEO…

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Cryptocurrency 

Western Union | Testing Ripple’s Blockchain, Will It Take on Crypto Next?

According to the president of Western Union Global Money Transfer, the company is “ready to adopt any kind of currency.” And interestingly, this includes cryptocurrencies. Western Union Ready to Adopt Odilon Almeida held an interview with Reuters Plus yesterday. Here he stated that there was no big difference between cryptocurrencies and regular digital payments, of which the Western Union has handled for years now. The president stated further: “We already operate with 130 currencies. If one day we feel like it is the right strategy to introduce cryptocurrencies to our platform, technology-wise,…

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