Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law, consolidation involves the merger of two or more cases that are similar in nature in order to optimize the judicial resources. BMA’s Suit Merged with Class
The world is being pushed toward a new paradigm where simple, everyday tasks and functions, often taken for granted, are becoming increasingly cumbersome. This is partly due to the ongoing COVID-19 global pandemic and its role in forcing essential operations into the realm of digital. But this is a paradigm we’re already familiar with. It’s
In the latest episode of Block Stars, Ripple CTO David Schwartz talks to the founders of Keyless, a deep-tech cybersecurity company whose innovative solutions in authentication and digital identity could have a big impact on the cryptocurrency experience. Most people and businesses say they care about security and privacy. But these issues are often sacrificed
Block Stars is a new podcast series from Ripple that shines a spotlight on blockchain’s most innovative and impactful thinkers. In each episode, a special guest joins Ripple CTO David Schwartz to explore a different impact of the technology and predict how it will grow and evolve. Following on from the Block Stars opener with
A few years ago, I would have struggled to point out the tiny Baltic nation of Estonia on a map, and I don’t think I am alone in that. With a population of 1.3 million, Estonia only gained independence — for the second time — from the Soviet Union in 1991, and joined the European
On 16th April 2020, the Malaysian Navy intercepted a ship packed with an estimated 200 Rohingya refugees who had taken a long and precarious voyage. The Navy prevented the ship from approaching the shore; and while that boat’s whereabouts are now unknown, another vessel loaded with refugees was eventually located by the Bangladeshi coast guard..
“Blockchain technology is not as decentralized as we think,” Golden Gate University law professor Michele Benedetto Neitz wrote recently. Public blockchains are supposed to operate by consensus — democratically, if you will — but critical decisions are more often made by a very small group of ‘agents of influence’ — often core software developers. As
Digital payment platform Uphold has announced a partnership that allows Coil creators to be able to select the platform as their wallet provider to receive payments in over 50 currencies. Coil is a service that provides alternative methods for content producers to monetize their work online. “The ability to pay for [their] app subscriptions, news
[embedded content] Singapore-based digital assets exchange Bitrue has found success by putting the digital asset XRP at the center of its trading platform. The asset is used by Ripple’s payment network to facilitate low-cost, same-day cross-border transactions and Bitrue believes that XRP’s growing utility among businesses and individuals will bring more users to its exchange.
The U.S. Consumer Financial Protection Bureau (CFPB) has recognized the role of Ripple and XRP in cross-border transfers, a recent rule on remittance transfers shows. According to the May 11 paper, the CFPB — a bureau tasked with protecting U.S. consumers in the financial sector — has been researching new trends on the remittance market.
XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, has been saved from the threat of extinction at the hands of new regulations in the Netherlands. In a May 14 blog post, developer Wietse Wind explained that the “personal hobby project” had been at risk
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 is intended to provide consumers with easier access to funds
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 de México on May 15, each pantry delivered will be worth
“Why do once successful, large companies often fail to adopt disruptive technology?” The late Professor Clay Christensen at Harvard Business School posed this very question to his MBA students in the first class of his famous course titled: Building and Sustaining a Successful Enterprise (BSSE). In a nutshell, disruptive technologies enable a new value proposition
In each episode of Block Stars, Ripple CTO David Schwartz is joined by one of blockchain’s most innovative and impactful thinkers to discuss the past, present and future of the technology. David’s guest on the third edition of the podcast is Binance.US CEO, Catherine Coley. Catherine’s mission is to educate people on using cryptocurrencies to
Tether’s (USDT) has just surpassed XRP in market capitalization, becoming the third biggest cryptocurrency in the moments leading into the Bitcoin halving. Sitting with a market cap of $8.79 Billion it is now bigger than XRP, whose market cap is roughly $8.6 billion. USDT is currently second only to Ether (ETH) as the largest altcoin