Combined Class-Action Lawsuit Against Ripple Moves to Federal Court

An ongoing legal battle between XRP investors and payments startup Ripple is entering its next phase. Attorneys for Ripple Labs and its affiliated defendants filed to move a consolidated class-action lawsuit from its previous venue at the San Mateo Superior Court to the U.S. District Court, Northern District of California, according to court documents published […]

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Woman Steals $65,000 Worth Cryptocurrencies in Australia’s First Every Crypto Theft

A 23-year-old woman has been arrested by the Sydney police for stealing $65,000 worth cryptocurrencies from a 56-year-old man. Brisbane Times reported that the woman hacked the victim’s email account in January 2018. She used the two-step verification feature by changing the password and verifying it with her mobile number. She then sent 100,00 XRP […]

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New Ripple-Led Advocacy Group to Pay DC Lobbyists in XRP

Ripple is leading a number of organizations launching a lobbying group in Washington D.C., Business Standard reported Friday. Dubbed Securing America’s Internet of Value Coalition (SAIV), the group includes, apart from Ripple, the RippleWorks Foundation; Coil, a company developing a solution for digital payments; Hard Yaka, an investment firm focusing on digital assets; and PolySign, a […]

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Up 13%: XRP Jumps By Double Digits for Second Time This Week

XRP’s price is boasting double-digit percentage growth today for the second time this week as the broader market picks up the bid. At press time, the world’s third-largest cryptocurrency by market capitalization is trading across exchanges at an average price of $0.37 – a six-week high and 13.60 percent gain from today’s opening price of […]

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XRP Price Bucks Bearish Market Mood to Hit 13-Day High

XRP is reporting double-digit gains today, despite a generally bearish mood across the wider crypto markets. The open-source token – which is developed largely by blockchain payments startup Ripple – was changing hands at $0.3251 at press time, having hit a 13-day high of $0.3241 at 14:00 UTC. The world’s third-largest cryptocurrency by market capitalization has […]

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Is XRP a Security? That And Other Ripple Debates Explained

What is a “cryptocurrency?” Try as Webster dictionary may, a formal definition remains hard to pin down. While it’s unclear exactly when the word itself was coined, bitcoin, the world’s very first such cryptographically-backed asset, is probably the answer that most often springs to mind. Still, a vast array of very different technologies now carry and […]

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Twitter Pledges Action on Crypto Scams After Account Shadow Bans

Social media giant Twitter appears to be cracking down on cryptocurrency scam accounts – but several members of the crypto Twitter community have been caught in the fray. Responding to a tweet by Cornell professor Emin Gün Sirer, Twitter CEO Jack Dorsey wrote that “we are on it.” Yet the statement drew some swift critiques […]

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Ripple Papers Promise New Start for $40 Billion XRP Cryptocurrency

The startup that oversees development of the world’s third most-valuable cryptocurrency, XRP, is moving to upgrade the underlying technology on which it operates. Announced Wednesday, San Francisco-based startup Ripple is releasing two new white papers for peer review – one describing XRP‘s consensus algorithm in a more formal way and the other outlining a way to […]

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