XRP is the cryptocurrency that runs on a digital payment platform called RippleNet, which is on top of a Distributed Ledger Database called XRP Ledger.
Category: News
Global Banks to Test New Swift Payments Platform
Six major global banks have committed to preparations for and testing of Swift’s new transaction management platform, a process designed to enable new services, improve
Chainalysis Obtains $100 Million at a Total Valuation of $4.2 Billion
New York based Chainalysis has raised $100 Million in Series E funding at a total valuation of $4.2 Billion. Chainalysis offers blockchain data and analysis
Met Makes A Gigantic £114 Million Cryptocurrency Seizure
Specialist detectives investigating money laundering crime made the seizure worth £114 million, the largest cryptocurrency seizure in the UK. It’s believed to be one of
Bank for International Settlements Extols Central Bank Digital Currency (CBDC) as the Future of Money
Central Bank Digital Currencies (CBDC), are digital versions of commercial bank money, and backed by the state such as China’s new digital yuan. Recently the
SEC Charges LOCI CEO With Fraud and Unregistered Securities Offering
The Securities and Exchange Commission today announced settled charges against Loci Inc. and its CEO John Wise for making materially false and misleading statements in connection
Bank of France, Swiss Crypto Bank Test Securities Settlement Using CBDC
The Bank of France has successfully completed an experiment involving the use of CBDC to settle listed securities. The test has been carried out with
PayPal & Visa Participating in Blockchain Capital-led Strategic Partnership following a $300 Million Funding Round
Blockchain Capital remains a major investor in the Distributed Ledger Technology (DLT) ecosystem. They have recently invested in several different kinds of blockchain related projects.
Iranian Government Confiscates 7000 Illegal Crypto Mining Machines
Iranian authorities have reportedly seized 7000 cryptocurrency mining machines at an illegal mining factory in Tehran, the country’s capital. The haul represents the largest collected
Central Bank of Rwanda and the Issuance of a Central Bank Digital Currency
The National Bank of Rwanda (Central Bank of Rwanda) is reportedly studying the issuance of a Central Bank Digital Currency (CBDC). According to Rwandan daily news