XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP […] The post XRP Is 10 Times Safer Than Fiat for Intl Payments – Ripple appeared first on CCN.com

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Is This Group of Banks About to Snub Ripple?

By CCN: According to Reuters sources, about 12 banks are investing in a blockchain ledger complete with digital cash. While it’s unclear which banks are currently participating in the $50 million project, a spokesman for Barclays told the news organization that “the Research & Development phase is coming to an end.” R&D Phase Ending The rarely discussed project began in 2015 with little fanfare. It supposedly involves several major banks who aim to use blockchain technology to reduce the cost of settlement and potentially offer new products. Reuters describes a…

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Switzerland’s National Exchange is Listing an XRP Investment Product

SIX Swiss Exchange, Switzerland’s principal stock exchange based in Zurich, could list an XRP Exchange Traded Product soon. This was made known in a report in BlockCrypto, on Monday. The XRP ETP, which is floated by Swiss crypto startup Amun AG, will be launched under the “AXRP” ticker. The exact launch date of the XRP ETP is unknown, but buyer interest will play a part in the upcoming ETP. Amun also announced a $4 million funding round from Boost VC founder Adam Draper, son to Bitcoin bull and VC Tim Draper…

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Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb

According to Stellar, Ripple, Mt. Gox, and e-Donkey co-founder Jed McCaleb, Tron is “just garbage.” McCaleb, who forked away from Ripple to create Stellar due to personal differences with the mission of Ripple’s corporate board at the time, also feels that the crypto market is doing well. He pointed out to Yahoo! Finance that it’s The post Tron Cryptocurrency is ‘Just Garbage’: Stellar, Ripple Co-Founder Jed McCaleb appeared first on CCN

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Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative

The Bill & Melinda Gates Foundation is teaming up with San Francisco, California-based blockchain firm Coil with a view of enhancing financial access for the unbanked and underprivileged communities. Initially announced by the principal technologist and a deputy director at Bill & Melinda Gates Foundation, Miller Abel, the development was later confirmed by the blockchain The post Gates Foundation Partners Ripple and Coil in Financial Inclusion Initiative appeared first on CCN

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Ripple (XRP) Price Declines 8% While the Crypto Market Loses $9 Billion

Subsequent to the release of a major partnership with $80 billion banking giant Banco Santander, the price of Ripple (XRP) has declined by more than 8 percent. In the past 24 hours, the valuation of the cryptocurrency market dropped by around $9 billion, as Bitcoin dropped below the $6,500 mark for the first time in The post Ripple (XRP) Price Declines 8% While the Crypto Market Loses $9 Billion appeared first on CCN

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Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference

Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct. The post Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference appeared first on CCN

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Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over

On Sept. 12, Ethereum (ETH) dipped below the $170 mark, dropping to $166 to hit its lowest point of the year. Since then, within a 30-day period, ETH has shown promising recovery in its volume and momentum, rebounding from $166 to $230. Last week, on Sept. 23, the Ethereum price achieved $255. Worst Part of The post Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over appeared first on CCN

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