XRP is ‘Not a Security’ Says Ripple Chief Market Strategist

Ripple asserts XRP ‘100 Percent, not a Security’ Fintech startup Ripple is pushing back against the allegation that its digital currency, XRP, is a security under US regulations. The XRP token – which works like the native currency of the San Francisco-based organization’s public Ripple Consensus Ledger (RCL) and foundation …

Dubai-based Alibabacoin Sued by China’s Alibaba for Trademark Infringement

Alibaba Sues Dubai-based Alibabacoin for Trademark Infringement A Dubai firm, Alibabacoin Foundation et al., has been sued by China’s largest e-commerce company, Alibaba Group Holding Ltd. for using the Alibaba trademarked name in connection with a cryptocurrency “Alibabacoin.” The founders of the Alibabacoin has raised over $3.5M through their ICO, …

Police in Russia Arrested two for Illicit Cryptocurrency Mining

Russian Police caught two over Unauthorized Digital Currency Mining Crypto mining appears to be a profitable venture with prominent organizations like Bitmain setting up huge mining farms in various parts of the globe. The lucrative nature of cryptocurrency mining has driven two people in Russia perform illegal digital currency operation. …

Let Us Understand Why Ripple has a Long way to go

Ripple’s Progress is the proof that XRP is here to create Trend Ripple has created its own trend in the Cryptocurrency market. The team is offering services to their clients, and XRP seems to be driving the entire system forward into a more accessible world of cryptocurrency integration. Ripple Reorientation …

Toronto-Dominion Bank (TD) is Banning the purchase of Cryptocurrency with credit cards

Banks are not Allowing their Customers to use their credit cards to Buy Cryptocurrencies Canadian banks are not taking of the cryptocurrency excitement. Only days ago, BMO Financial Group (the Bank of Montreal) declared that it might boycott its credit and debit card clients from taking an interest in cryptocurrency …

Ripple to Invest $25 million in Blockchain Capital Fund

Blockchain Capital’s Fund Parallel IV venture Received an investment of $25 million from Ripple Ripple, a blockchain start-up has shown major volatility this year, is investing in a blockchain-based fund to uplift the upcoming technology app developed using its software. Ripple plans to invest $25 million into the fund for …

JPMorgan Sue for High Fees on Cryptocurrency Purchases

Cryptocurrency Purchase is high, JPMorgan gets Sued According to Bloomberg report, JPMorgan Chase and Co. was sued for imposing “sky-high” interest rates and fees to consumers who used their credit cards to purchase cryptocurrencies like Bitcoin. Brady Tucker, a Chase credit-card customer in Idaho, said that the bank began treating …

Grams Token: Telegram might Cancel its Public ICO

The reasons for Telegram to Cancel its Public ICO The average crypto devotees aren’t probably to get their hands on grams – Telegram’s Crypto Token soon. While half of the ambition $1.2 billion the messaging giant expected to raise was thought to originate from an ICO open to public investors, …

Santander UK launched Ripple [XRP] powered Application

Today Ripple [XRP] powered money transfer app to be Launched by  Santander UK Today, Santander bank UK, one of the largest banks in the world is going to launch an international money transfer app called OnePay FX that uses Ripple’s distributed ledger technology. Santander customers, who have a Santander debit …

Apple might use Ripple Inter-Ledger Protocol for Fast and Easy Payments

Ripple Inter-Ledger Protocol to be used by Apple to integrate Fast and Easy Payments According to the reports, Apple is going to have a new update by supporting Ripple’s Inter-Ledger Protocol (ILP). Through this network, cryptocurrency and blockchain payments will be processed. At the same time, Ripple’s ILP allows a multitude …

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