Ripple Xpring Celebrates Partnership with Over 20 Companies and $500M Investment

Ripple Xpring Celebrates Partnership with Over 20 Companies and $500M Investment

Ripple’s ecosystem initiative, Xpring, took to its blog section to celebrate the success achieved in the journey so far. The initiative, which started over a year ago, is built on the daring foundation of revolutionizing the financial world and creating the Internet of Value. Under the parent umbrella of Ripple and XRP, Xpring has been able to achieve huge success in this time. The initiative works by teaming up developers with entrepreneurs who share the…

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$4.5 Million Hack Scare into Crypto Exchange Bitrue; “100% Funds Recovered”

$4.5 Million Hack Scare into Crypto Exchange Bitrue; “100% Funds Recovered”

Bitrue, a crypto exchange based in Singapore, announced another hack scare into its platform the early hours of Thursday, June 27th. According to a series of tweets released by the crypto exchange on Twitter and its Telegram account, the firm’s security team detected a massive hack at about 1 am on June 27. Stating from the report provided, the hack affected about 90 Bitrue users’ wallets and totals at a whopping sum of $4.5 million…

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Ripple Strikes a $50 Million Partnership with Money Transfer Giant MoneyGram

Ripple Strikes a $50 Million Partnership with Money Transfer Giant MoneyGram

MoneyGram International Inc., a leading money transfer company, has made its entrance into a strategic agreement with blockchain solution provider and prominent crypto firm, Ripple. Ripple provides customers with global payment solution by way of cryptocurrency (XRP) and blockchain. This will enable MoneyGram to make use of Ripple’s xRapid product leveraging the XRP digital currency, from foreign exchange settlements, which makes it a part of MoneyGram’s cross border payment process. This would improve the system…

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Brazil Is the First Stop in Ripple’s Expansion Across South America

Brazil Is the First Stop in Ripple’s Expansion Across South America

Ripple, the crypto firm behind the third biggest cryptocurrency by market cap, XRP, just opened up an office in Brazil. The launch of Ripple’s new office is the first step in its expansion in Latin America. Luiz Antonio Sacco, a veteran fintech entrepreneur and executive, will take up the role of managing director at the new Brazilian office. Sacco, who is a former CEO at the Brazilian subsidiary of a global warranty solution provider The…

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Ripple Pledges More Accuracy and Transparency for XRP Volume & Sales

Ripple Pledges More Accuracy and Transparency for XRP Volume & Sales

Cryptocurrency firm Ripple, which is behind the Ripple platform and its native cryptocurrency XRP (XRP), has promised a higher degree of accuracy for their XRP volumes and sales report. The announcement was made in a blog post by the company on June 3. In the post, Ripple discusses how the industry “can and must do better” when it comes to accurate reporting. They cite several industry reports, including the recent SEC report from Bitwise, a…

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Ripple (XRP) Price Technical Analysis (May 30): It’s a Bull!

Ripple (XRP) Price Technical Analysis (May 30): It’s a Bull!

Ripple (XRP) is currently trading at $0.4632. Looking at the chart, we can see that the price has broken the resistance of $0.4597. There Is formation of a bullish engulfing pattern which is obviously a bullish pattern, indicating an uptrend movement. Support is at $0.4597 with resistance a $0.4964. Dow Theory According to Dow Theory, the digital coin is currently appearing in the public participation phase; during this phase, negative sentiment starts to dissipate. This…

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Ripple CEO Brad Galringhouse: Not Against Banks, But with Them

Ripple CEO Brad Galringhouse: Not Against Banks, But with Them

Ripple’s CEO Brad Garlinghouse has had quite a lot to say in the latest episode of Recode Decode with Kara Swisher, especially about the progress in the way the world views cryptocurrency and the need for banks to support this new digital phenomenon. After a broad array of careers spanning across industries and domains, including @Home Network, SBC, Yahoo and Hightail among others, Garlinghouse now functions as the CEO of one of the most prominent…

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Ria Money Transfer Partners with Ripple to Allow Instant Blockchain-Powered Global Payments

Ria Money Transfer Partners with Ripple to Allow Instant Blockchain-Powered Global Payments

Ria Money Transfer is one of the largest payment service providers in the world. The money transfer giant boasts a wide network of customers across 155 countries in the world, as its huge customer base is scattered across over 377,000 locations. No wonder the firm manages to process a total of $40 billion in money transfer volume every year. The firm, which is a subsidiary of Euronet Worldwide, recently teamed up with one of the…

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Nasdaq Introduces XRP Liquid Index (XRPLX) in Partnership with Brave New Coin

Nasdaq Introduces XRP Liquid Index (XRPLX) in Partnership with Brave New Coin

The Nasdaq has recently announced that it will begin dissemination of a new third-party index XRPLX or Ripple Liquid Index on GIDS by Brave New Coin, effective from Wednesday, May 1, 2019. Brave New Coin is engaged in collecting and validating cryptocurrency market data and creating crypto indices based on that since early 2014. It has been tied up with the Nasdaq since February 2018 with the aim to offer Bitcoin and Ethereum index level…

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XRP Sales Grew 31% in Q1 2019, Says Quarterly Report by Ripple

XRP Sales Grew 31% in Q1 2019, Says Quarterly Report by Ripple

Ripple released its quarterly report for Q1 2019. The report painted an optimistic picture for Ripple and their XRP token, indicating that the XRP token’s sales grew by 31% in Q1 2019 as compared to the preceding quarter and sold $169.42 million worth of XRP. In the last quarter of Q4 2018 this figure was down to $129.03 million. Ripple is one of the biggest competitors to the current cryptocurrency king, Bitcoin, although it’s still…

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