SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs. Ripple partner and investor, SBI Holdings, announced plans to integrate Ripple-powered settlements across ATMs in Japan. The news was revealed in SBI’s latest financial report, announcing a plan to integrate the Ripple-powered settlements platform MoneyTap with ATMs run by various banks across Japan. The integration…
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A crypto exchange from Mexico has launched an initiative to gather COVID-19-related donations through cryptocurrencies. Mexican cryptocurrency exchange Bitso joined forces with the crowdfunding platform Donadora to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. According to a report published by El Heraldo…
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The XRP ledger network now has the ability to delete wallets, thanks to a community vote. XRP users can now delete their wallets on the XRP network if they so desire — an update put in place after the community majority voted in favor of the change. “After maintaining an 80% consensus during the mandatory…
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Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity. Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30. According to a May 2 report by TheCryptoAssociate based on data…
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Major cross-border payments company MoneyGram has reported a “quiet quarter” with regards to its partnership with Ripple. During an earnings call for Q1 2020, MoneyGram chairman and chief executive, Alexander Holmes, revealed that it was a “quiet quarter” regarding the firm’s partnership with blockchain payments company Ripple (XRP). Ripple first announced its “strategic partnership” with…
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Ripple’s user support is in decline and its price continues to drop as experts share the possible reasons behind the negativity. Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that…
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FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week. This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck’s fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO…
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Ripple Labs and its CEO Brad Garlinghouse have filed a lawsuit against Youtube for its alleged complicity in a spate of repeated “XRP giveaway” scams. Ripple Labs filed a lawsuit against Youtube LLC in the Northern District of California on Tuesday April 21. The case seeks damages for Youtube’s failure to stop XRP (XRP) scammers…
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A report made by Acuit shows that Bitcoin and Ethereum derivatives are a growing interest within institutional firms. A survey published on March 31 revealed that senior trading executives believe that large companies in the business would be interested in taking advantage of the recent crypto plunge, particularly Bitcoin (BTC). According to the Adoption of…
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Lawsuit accusing Ripple of selling XRP as an unlicensed security includes claims to hedge the possibility that it is not. An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.” The disgruntled investors’ sixth and…
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