Tag: Ripple Labs

Ripple’s XRP Price Analysis and Prediction for September 23rd – $0.28 Support Failed

It’s Monday and the beginning of a new week. Most cryptocurrency markets are still trying to recover from this weekend’s downhill slide with Litecoin up over 2% in the past 24 hours, showing first signs of life. Ripple’s XRP price is down 2.8% after breaking down through the $0.28 support. With the recent news about the SEC suing Ripple Labs over its XRP sale, this bearish momentum is not unexpected …
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Ripple vs. the Establishment: What Many Don’t Know

Ripple was the best-performing cryptocurrency in 2017, having seen an extraordinary rise of over 30,000% in the price of its native digital asset, XRP. The year also saw Ripple make great progress in signing up banks and financial institutions to the platform. According to the San Francisco-based company’s CEO, Brad Garlinghouse, it’s now signing up an average of one bank per week. Some of the more renowned members of RippleNet include MoneyGram, …
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Santander Unveils International Payments App Built on Ripple’s Blockchain

Spanish financial giant Banco Santander has revealed its new blockchain payment app. Santander’s mobile app leverages the Ripple payment system as a means of moving funds behind the scenes, while users initiate transfers from an Apple Pay interface with Touch ID. According to the press release, users can send amounts between £10-£10,000. Despite the usage of Ripple’s blockchain infrastructure, the payments still take about a day to settle. At press …
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Ripple Labs Settles Lawsuit with Former Founder Jed McCaleb

A lawsuit between Jed McCaleb, who co-founded Ripple but left the project at a later date, and current Ripple Labs management, has been finally settled after a protracted legal battle. The lawsuit resulted from McCaleb’s exit from Ripple in 2013. McCaleb – who departed the company while holding a significant sum of Ripple tokens and company shares – had agreed to disburse his holdings on the market according to a …
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