Ripple

Ripple’s payment blockchain system and its XRP token have no potential advantages for use at the state level. This was announced by the chief fintech specialist at the Monetary Authority of Singapore (MAS), Sopnando Mohanti, Cointelegraph writes. At the same time, he noted the effectiveness of Ripple solutions in making cross-border payments. "We do not see anything special in the banking digital currency Ripple, but definitely hope […]

The Monetary Authority of Singapore and the Bank of Canada announced the successful testing of cross-border payments using blockchain technology and digital assets. This is the first such testing between two central banks, according to Coindesk. The experiment involved banks' own blockchain projects – Canadian Jasper, which is based on the Corda technology from the R3 consortium, and Singapore's Ubin on Quorum from the bank […]

California-based FINTECH startup Ripple released 1 billion XRP coins worth $ 308.89 million from escrow accounts for $ 308.89 million. /t.co/hmWS9TFloQ – Whale Alert (@whale_alert) May 1, 2019. Thawed XRPs are likely to be used for various changes […]

The second largest stock exchange in the world, Nasdaq, will begin to display an index based on the third-largest digital currency XRP, reports CoinDesk. The index is developed by the New Zealand blockchain-company Brave New Coin. It will launch on the Nasdaq on May 1st. The XRP Liquid Index (XRPLX) will be based on spot prices of the XRP token nominated in US dollars. Information on the market value of the asset will be […]

California-based Fintech startup Ripple published a financial report for the first quarter of 2019, which refers to an increase in sales of XRP tokens by 31% compared to the previous quarter. For example, the company sold tokens for $ 169.42 million. The Q1 '19 XRP Markets Report shows low volatility, steady volume and diverse growth across the XRP ecosystem. More here: https://t.co/WtxAvalPjP […]

The head of the clearing division of JPMorgan & Chase financial holding, John Hunter, said that the functionality of the Interbank Information Network (IIN) system for cross-border payments based on the Quorum blockchain will be significantly expanded, the Financial Times reports. Thus, the launch of a pilot project in partnership with the Australian ANZ and Royal Bank of Canada took place in the autumn of 2017. Then the developers focused on the application of IIN in […]

The founder of the Ethereum smart contract platform, Vitaly Buterin, cited an interesting fact from his biography, saying that in 2013 he wanted to get an internship at the California-based company OpenCoin, which was later renamed Ripple Labs. According to him, this happened in the middle of 2013, when he lived in Canada. He, however, was denied a visa, because according to […]