Business 3 months ago

Ripple Labs, R3 settle dispute over XRP litigation

Ripple Labs and the R3 consortium have been involved in a lawsuit since 2017 over a series of allegedly broken promises. R3 has asserted that Ripple reneged on a previous purchase agreement, denying it the ...

Business 4 months ago

Ripple CTO claims XRP crypto coin ‘more decentralized’ than BTC

David Schwartz, chief technology officer at Ripple Labs, has published a paper claiming XRP cryptocurrency is actually more decentralized than Ethereum and BTC, in the latest attempt to persuade the skeptics. The publication coincides with ...

Business 4 months ago

California court rebuffs motion to remand against Ripple

A district court in the United States has junked a motion seeking to remand against Ripple Labs and its subsidiary XRP II. The lawsuit also named Ripple’s CEO, Brad Garlinghouse, as a defendant, but everything ...

Business 5 months ago

New lawsuit accuses XRP of being a security

Ripple Labs has been served with yet another lawsuit seeking to have its cryptocurrency, XRP, classified as asecurity. The class-action suit was filed a few days ago claiming Ripple was in violation of existing securities ...

Editorial 5 months ago

Nobel laureate Paul Krugman unwittingly acknowledges Bitcoin Cash power

Nobel laureate and notable economist Paul Krugman has repeatedly spoken out against cryptocurrency. As far back as 2013, he called Bitcoin “evil” and has held that opinion even through today, calling it “a bubble wrapped ...

Business 6 months ago

SBI Virtual Currencies exchange adds support for Bitcoin Cash, BTC

Japanese cryptocurrency exchange SBI Virtual Currencies has listed Bitcoin Cash (BCH), along with SegWit BTC coin, increasing the currently available trading pairs on its Vctrade platform from one to three. SBI Virtual Currencies is a ...

Business 6 months ago

Hackers attack Canadian banks, demand $1M in XRP as ransom

Two Canadian banks, Simplii Financial and the Bank of Montreal (BMO), were on damage control after hackers reportedly bypassed their security and stole the data of tens of thousands of the banks’ clients. According to ...

Business 6 months ago

Ripple on a mission to distance company from ‘Ripple’ token

Ripple has unveiled plans for a new logo for its XRP token, as part of a wider effort to separate Ripple the token from Ripple the company, according to reports emerging this week. The company, ...

Business 7 months ago

Ripple Labs hit with securities class-action suit

With the price of the currency slightly below par of late, Ripple appears to be facing more woes as it faces a class action lawsuit in a California court. The XRP token has had a ...

Business 7 months ago

Japan’s SBI Holdings to launch crypto exchange in summer 2018

Japan’s Financial Services Agency (FSA) recently began putting cryptocurrency exchanges under the microscope, causing two to shut down and others to permanently leave the country. While the agency may have had good intentions—to create regulations ...

Business 8 months ago

Ripple’s XRP scrambles to get listed on Gemini, Coinbase: report

As the cryptocurrency market continues to take a hit with values plummeting by around 80% of their worth since January, Ripple's XRP coin is struggling to get listed on two major exchanges in the United ...

Business 9 months ago

Judges shoot down Ripple’s bid to have lawsuit heard in California

Sorry, Ripple, but it was worth a shot. Ripple Labs Inc. (RLI) is currently involved in a duel with R3 Holdco over who actually owns the Ripple (XRP) cryptocurrency. In an effort to have the ...