Blockchain News Corda R3 ripple Ripple News 

R3 Corda’s New Settlement Layer Now Supports XRP

R3, the distributed ledger development company which introduced its first enterprise/open source product, Corda, in 2016, has released a new element of that software suite. A “universal settler” called Corda Settler, a “Cordapp” or Corda application, that aims to allow all the things that modern businesses may require of a blockchain product. It could eventually work as a translator between virtually all crypto tokens, as well as fiat currencies. It functions by verifying that a sent payment was received and then updating the Corda ledger, and most cryptocurrencies will have…

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Altcoin Analysis bitcoin Bitcoin Analysis Crypto ripple Ripple News XRP 

Ripple Finally Suffers Major Price Drop as Crypto Market Wipes Out $12B

Twitter Facebook LinkedIn The intense downtrend of the crypto market is finally having a toll on the best performing digital asset of the month. Ripple (XRP), now the second most valuable cryptocurrency in the market, is no longer up in value on a monthly basis. Throughout the past 30 days, XRP has maintained the $0.5 level relatively well with minimized losses even during a period in which the price of BTC and other major cryptocurrencies fell by around 10 to 20 percent. What Caused XRP to Drop? As a liquidity…

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Blockchain News Brad Garlinghouse Cory Johnson ripple Ripple News SWIFT 

Ripple CEO Brad Garlinghouse: We’re Taking SWIFT Over

Twitter Facebook LinkedIn Ripple CEO Brad Garlinghouse went on Bloomberg TV for an interview about the usefulness of his company’s technology and told the interviewer that “any digital asset in the long-term is going to be valued based upon the problems it’s solving.” Garlinghouse: SWIFT’s Customers Think Blockchain Has Promise Ripple is widely believed to be solving the problems of large asset transfers across borders and has dozens of large institutional clients to show for it. Chief Market Strategist Cory Johnson has previously dubbed Ripple (XRP) “Bitcoin 2.0.” The Bloomberg…

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cred michael arrington ripple Ripple News 

Crypto Loan Provider Cred Now Takes Ripple (XRP) as Collateral

Twitter Facebook LinkedIn Cryptocurrency backed lending provider Cred has added ripple (XRP) as a collateral option, enabling XRP holders to get loans for their holdings without having to sell them or incur tax consequences, an official press release reports. As a lending platform that specializes in decentralized assets, Cred’s goal is to make it possible for anyone to access affordable credit products using cryptocurrencies as collateral. The blockchain startup, which was founded in 2018 by former PayPal executives, offers crypto-backed loans in several countries at single-digit rates through its Crypto…

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Blockchain News ripple Ripple News XRP 

Japan’s Major Financial Institution to Use Ripple (XRP) Extensively

Twitter Facebook At the SBI Financial Results Briefing, SBI Group CEO Yoshitaka Kitao announced that the firm has already begun the discussions to create a project for R3 that uses Ripple (XRP) more extensively. “We have already begun discussions to create a project to use XRP for R3. By using R3, XRP is used more extensively,” Kitao said. SBI Group is one of the largest multi-billion dollar financial institutions in Japan that operate with three core businesses in asset management, biotech, and financial services. Since the creation of SBI Ripple…

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Brad Garlinghouse Ethereum News ripple Ripple News XRP 

XRP is ‘Very Clearly Decentralized’: Ripple CEO Brad Garlinghouse

When Securities and Exchange Commission (SEC) Division of Corporation Finance Director William Hinman gave his opinion this summer that ether — the native asset of the Ethereum platform — was not a security under federal law, he listed among his justifications the fact that, although ether was originally distributed through a token sale, it has become substantially decentralized in the years since its network launch. Since then, supporters of XRP, the third-largest cryptocurrency, have sought to demonstrate that the token — colloquially referred to as “ripple” due to its close…

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Bill Clinton Blockchain News ripple Ripple News 

Blockchain Has ‘Staggering’ Potential, Pres. Bill Clinton Tells Ripple Conf.

Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct. 1, a former U.S. president appeared at a cryptocurrency industry conference sponsored by the largest holder of — not bitcoin — but a cryptoasset just one-fifth its size, to casually discuss the promise and perils…

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Binance BitMEX coinbase Elon Musk japan michael arrington regulation Ripple News sec south korea Tesla XRP 

TechCrunch Founder Outraged at US, Will Crypto Firms Also Pivot to Asia?

The US Securities and Exchange Commission (SEC) has been heavily criticized for its actions against Elon Musk’s Tesla, the crypto market and investment firms within the local market. On Sept. 29, Michael Arrington, the co-founder of TechCrunch, announced that his venture capital firm has decided to move out of the US and relocate to Asia after the SEC sent two subpeonas to XRP Capital. “We received a second subpeona from the SEC, again collecting information from us as investors in a U.S. company. The legal costs of dealing with these…

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ripple Ripple for Good Ripple News RippleWorks 

Ripple Commits $100 Million to Social Giving Program

Blockchain payments giant Ripple has formally announced its social impact program ‘Ripple for Good’, with donations to exceed $105 million for a number of projects already underway. In an announcement today, the San Francisco-based fintech firm said the social giving program will focus on educational projects that further financial inclusion around the world. Ripple for Good will also collaborate with RippleWorks, a nonprofit that has already worked on 70 projects in 55 countries across a number of social causes including medical aid, education, healthcare and more. Ripple says the funding…

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Altcoin News Ethereum News Ripple News XRP 

Ethereum, Ripple Surge by 10% Within Minutes, Abnormal Market Activity

The prices of Ethereum (ETH) and Ripple (XRP) have surged by more than 10 percent in the past five minutes, despite the lack of momentum of major cryptocurrencies like Bitcoin. A spike in the volume of both XRP and ETH was triggered at around the same time on Bitfinex, affecting other major cryptocurrency exchanges. No major announcements or developments were made in the past 12 hours, which led investors to be skeptical towards the abrupt increase in the prices of the two digital assets. Possible Factors of XRP Rise Earlier…

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