XRP

XRP is a digital asset and cryptocurrency that was created by Ripple Labs Inc., a technology company specializing in the real-time gross settlement system, currency exchange, and remittance network. XRP operates on an open-source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, be it USD, Yen, litecoin, or bitcoin. XRP is often used by Ripple's payment ecosystem, RippleNet, and is increasingly adopted by banks and payment networks as settlement infrastructure technology. As a bridge currency, XRP also provides liquidity for instant cross-border transactions.


Markets

Another Ripple Lawsuit Claims XRP Is A Security

A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms. 

law, legal

Markets

Below $0.50: XRP Prices Fall to New 2018 Lows

XRP and other well-known crypto assets are sitting on dangerous grounds as they print new price lows not seen since 2017.

xrpdown

Markets

Ripple CEO Defends XRP's Utility at Fintech Conference

"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.

brad garlinghouse

Markets

Another Investor Lawsuit Claims XRP Is a Security

A new lawsuit claims XRP is a security controlled by Ripple.

U.S. District Court Judge Alvin Hellerstein said there is "no binding precedent" for SEC vs. Kik case. Credit: Shuttershock

Markets

Hackers Demand $1 Million in XRP After Bank Data Theft

Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.

Hackers, data

Tech

British FX Firm Currencies Direct Pilots Ripple Tech

Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

Coins image via Shutterstock

Markets

Payments Platform Uphold Completes XRP Ledger Integration

Digital payments startup Uphold has completed its integration with the XRP ledger, it announced Thursday.

ripple coins

Markets

Revolut App Adds XRP, Bitcoin Cash to Crypto Options

Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

Revolut

Markets

At Ripple's Snoop Dogg Party, A Search for XRP

So what we get drunk? So what we smoke weed? We're just having fun, something something XRP.

snoop dogg ripple xrp 2018

Markets

Ripple Launches 'Xpring' Initiative to Invest in XRP-Focused Startups

Ripple has launched an initiative to provide financial assistance to "serious" startups and projects – as long as they boost its own ecosystem.

Water ripple. (Credit: Shutterstock)