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RIPPLE


The University of Texas at Austin is among one of the first academic institutions to receive funding from Ripple, the San Francisco-based distributed ledger technology startup. The company pledged to invest $2 million over the next five years in the university’s McCombs School of Business to support its Blockchain Research Initiative, according to The Daily …

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Blockchain startup Swarm announced Wednesday that it was launching new “equity tokens” that would represent equity in notable blockchain startups like Coinbase and Ripple – but those companies have pushed back swiftly against the idea. The “blockchain for private equity” company published a blog post describing its new token project, with chief executive Philipp Pieper explaining …

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The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights as the trio continues to advance blockchain solutions to foster secure, high-speed cross-border payments. In a recent job posting on the American Express careers board, a clear reference was made to the partnership as …

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Distributed ledger startup Ripple has been named in yet another lawsuit tied to the XRp cryptocurrency, court records show. Investor Vladi Zakinov filed a class action lawsuit on Tuesday, naming Ripple Labs, XRP II – the company’s licensed money services business – CEO Brad Garlinghouse and 25 anonymous persons as defendants. The complaint was submitted to …

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Ripple’s former CTO Stefan Thomas is going up against Ethereum with the launch of a new smart contracts platform. Well, “new” isn’t quite right – the platform Thomas released implementations for today is Codius, an open-source project that Ripple released in beta in 2014 but shelved the following year. Now, though, having announced his departure from …

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Court records show that distributed ledger startup Ripple is being represented by two former Securities and Exchange Commission (SEC) officials – including its onetime chairwoman, Mary Jo White – in an ongoing civil matter. Twin filings reveal that White, along with Andrew Ceresney, are representing Ripple in a lawsuit first filed in May by investor Ryan Coffey. …

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Ripple has announced it is setting aside millions of dollars to fund university-based research into blockchain and cryptocurrencies. According to a news announcement published Monday, the University Blockchain Research Initiative (UBRI) will see the distributed ledger payments startup collaborate with 17 universities from across the globe to boost academic research within the industry. Ripple says it will …

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Ripple is continuing to add new clients to its distributed ledger-based payments network, RippleNet. Announced yesterday, two international money transfer companies – Singapore-based InstaReM and Sao Paulo, Brazil-based BeeTech – have partnered to allow customers to benefit from Ripple’s product, which they say offers speed, transparency and lower costs. The collaboration will facilitate blockchain-based payments between …

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Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove. According to a CBC News report Tuesday, the two banks hit by the breach, Bank of Montreal and CIBC’s online bank Simplii Financial, have said that the personal information of a total of …

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Distributed ledger startup Ripple published the results of its xRapid pilot programs on Thursday, The report focused on the company’s offering centered around the cryptocurrency XRP, stating that pilot-takers saw significant savings on fees as well as overall transaction times. The company has announced a number of partnerships in recent months with companies piloting xRapid as well …

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South Korean cryptocurrency exchange Coinone is turning to Ripple’s enterprise blockchain network for cross-border payments. Coinone Transfer, a subsidiary of the exchange that focuses on remittances, joined RippleNet on Monday, making it the first exchange in the nation to do so. The exchange will be using xCurrent, Ripple’s enterprise blockchain solution for cross-border payments that enables end-to-end tracking, a press release …

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An investor who claims they lost money buying and selling the cryptocurrency XRP has filed a class action lawsuit against distributed ledger startup Ripple, alleging that the company violated state and federal securities laws. Ryan Coffey, represented by San Diego attorney James Taylor-Copeland, filed the suit in the San Francisco County Superior Court on Thursday. …

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Skepticism dominated a Tuesday hearing on cryptocurrencies and blockchain at the U.K. parliament, but it was not the members of parliament (MPs) who set the negative tone. Rather, interbank payments startup Ripple’s XRP token and blockchain platforms came under fire as Martin Walker, director of the non-profit Centre for Evidence Based Management, one of the panelists, …

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Five payments providers in Europe and Asia are set to use Ripple’s xVia technology, the distributed ledger startup announced Thursday. The company’s new customers include U.K.-based firms FairFX, RationalFX and Exchange4Free, in addition to peer-to-peer currency exchange platform MoneyMatch in Malaysia and settlements company UniPay from the Republic of Georgia. Using Ripple’s xVia tech will …

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Ripple reported Wednesday that sales of its cryptocurrency XRP totaled $167.7 million in the first three months of 2018, an increase of 83% compared to the previous quarter and of 2,400% compared to the first quarter of 2017. According to a post on the firm’s site, direct sales of XRP totaled $16.6 million – a decline …

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Distributed ledger startup Ripple is hosting a VIP gathering featuring Snoop Dogg – and will be giving away 10 tickets to the event on Twitter. The company announced Tuesday that Snoop would perform at its XRP Community Night during Blockchain Week NYC in May. The event itself will celebrate the company’s work to date in …

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Ripple’s XRP token has gone from the worst performing top-5 cryptocurrency to the best performer in just one week. As of writing, the world’s third-largest cryptocurrency by market value is trading at $0.6574 – up 33.66 percent week-on-week, according to CoinMarketCap. The news come, of course, as the wider crypto markets have regained poise over …

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Global banking giant Santander Group is reportedly launching a blockchain-based application for cross-border foreign exchange on Friday. According to a report by the Financial Times on Thursday, the app, dubbed One Pay FX, is to be rolled out for Santander’s customers in four countries – Spain, the U.K., Brazil and Poland – this week. The bank may …

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Ripple has invested $25 million worth of its XRP token in Blockchain Capital’s Parallel IV venture fund, the startup announced on Wednesday. The firm’s fund is the first to accept capital calls in cryptocurrency. “Blockchain Capital is the premier fund for any project looking to get off the ground in the blockchain space,” Patrick Griffin, …

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What is a “cryptocurrency?” Try as Webster dictionary may, a formal definition remains hard to pin down. While it’s unclear exactly when the word itself was coined, bitcoin, the world’s very first such cryptographically-backed asset, is probably the answer that most often springs to mind. Still, a vast array of very different technologies now carry and …

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