Ripple says security incident accelerated its acquisition of Fortress Trust

A multimillion-dollar security breach involving a third-party vendor hastened Ripple’s acquisition of Fortress Trust on Sept. 8.

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SEC Appeals Ripple Case Over Complex Legal Issues While the Firm Secures Fortress Trust Acquisition

The US SEC demand for an interlocutory appeal has been slammed by Ripple's CLO Stuart Alderoty for being "hypocritical." The post SEC Appeals Ripple Case Over Complex Legal Issues While the Firm Secures Fortress Trust Acquisition appeared first on BeInCrypto.

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Ripple Continues Its Acquisitive Streak With Deal To Acquire Crypto Infrastructure Startup Fortress Trust

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Ripple acquires Fortress Trust; will XRP jump out of its slump?

Ripple’s latest acquisitions underscore its plans to tap into institutional liquidity. XRP remains downcast despite a bullish-centric sentiment shift. Ripple is starting to gain momentum iThe post Ripple acquires Fortress Trust; will XRP jump out of its slump? appeared first on AMBCrypto.

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Ripple Expands Its Arsenal: Fortress Trust Joins The Acquisition Lineup

Ripple, a prominent cryptocurrency firm, has announced its acquisition of Fortress Trust, a financial institution that offers Web3 financial, regulatory, and technology infrastructure for blockchain innovators.

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Ripple acquires Nevada-based trust company to expand US licensing

Blockchain firm Ripple has acquired Fortress Trust, a chartered trust company in Nevada, adding to its existing roster of regulatory licenses across multiple U.S. states. Ripple, a blockchain firm, has expanded its reach with the acquisition of Fortress Trust, a…

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Ripple’s acquisition of Fortress Trust adds to company’s regulatory licenses

Ripple has reportedly completed its acquisition of web3-focused company Fortress Trust for an undisclosed sum. On Sept. 6, the crypto company revealed that it had agreed to purchase the Nevada-based chartered trust company.

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Ripple acquires Fortress Trust, expands license portfolio in the US

Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.

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Ripple acquires crypto-focused chartered company Fortress Trust

Ripple has acquired Fortress Trust, a chartered trust company and financial institution focused on cryptocurrencies. The news follows the enterprise crypto company’s recent announcement that it had agreed the acquisition for the Web3 provider.

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Ripple Unveils New Mega Deal

San Francisco-based blockchain company Ripple is set to acquire Fortress Trust

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Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust

A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May.

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Ripple Proposes Clawback Amendment To XRP Ledger For Regulators

In a bid to bolster trust and safety, Ripple’s developer arm, RippleX, has proposed a significant amendment to the XRP Ledger (XRPL). The feature, aptly named “Clawback,” is designed to provide issuers with enhanced control over their distributed assets, addressing both regulatory requirements and unforeseen challenges.

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Ripple CEO believes 'only way to move forward' is...

Ripple CEO Brad Garlinghouse is in the news today after he tweeted about the state of the crypto-industry in the United States. According to the exec, the industry needs to rebuild trust through utiliThe post Ripple CEO believes 'only way to move forward' is... appeared first on AMBCrypto.

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Ripple CEO Says Crypto Industry Has to Rebuild Trust

Ripple CEO Brad Garlinghouse has taken to Twitter to state that the US crypto industry needs to rebuild trust through transparency and utility

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Ripple CEO: SEC's methods are 'not a healthy way to regulate an industry'

Ripple CEO Brad Garlinghouse is expecting a decision in the lawsuit against SEC this year. Ripple General Counsel Stuart Alderoty has warned those in the crypto space to not trust the SEC.

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Ripple and Morgan Creek Among Investors in Hex Trust

San Francisco-based blockchain company Ripple is among the investors who have participated in Hex Trust's latest funding round

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Grayscale Dissolves Its XRP Trust Prior to SEC Lawsuit

The SEC alleges that XRP is a security based on Ripple’s involvement with the digital currency. This has caused several cryptocurrency companies to distance themselves from XRP in recent weeks.

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Grayscale Confirms Liquidation of Its XRP Trust; Forced By SEC Legal Battle With Ripple

Grayscale has successfully sold off all XRP Investment Trust shares. The preemptive action is due to an industry-wide dissociation from XRP, following the SEC's suit. Grayscale Investments has confirmed its dissolution of all XRP holdings, marking yet another company dissociating itself from the embattled digital asset at a dire time.

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Grayscale Is In The Process Of Completely Dissolving XRP Trust Following The SEC’s Lawsuit Against Ripple

Grayscale, the world’s largest digital asset investment company has already started terminating its XRP Trust. This comes a week after the firm liquidated XRP positions from its Digital Large Cap Fund.

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Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.

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Главный хранитель Ripple XRP официально утвержден в качестве банка цифровых активов

Крипто-хранитель, который, среди прочих монет, владеет большим количеством Ripple XRP, получил от ведущего регулятора США право стать цифровым банком. 13 января OCC объявил о своем решении одобрить преобразование Anchorage Trust Company в Anchorage Digital Bank. Это было сделано после того,...

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Grayscale Investments ликвидирует инвестиционный траст на базе XRP

Компания Grayscale Investments объявила о ликвидации своего инвестиционного траста на базе XRP. На решение повлиял иск Комиссии по ценным бумагам и биржам США (SEC) к Ripple от 23 декабря. Earlier today we announced that we've commenced the dissolution of our $XRP Trust.

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Grayscale Investments Begins Dissolution of XRP Trust Citing Ripple SEC Suit

Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.

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Партнер Ripple Finastra и ConsenSys испытывают новую микрофинансовую инициативу Trust Machine

Finastra, партнер Ripple, запускает микрофинансовую инициативу в Африке для сокращения дефицита финансирования МСП. Согласно веб-сайту Finastra, партнера Ripple, платформа намеревается провести пилотную реализацию амбициозной микрофинансовой инициативы под названием Trust Machine в Кении, Африка, чтобы сосредоточиться на устранении дефицита финансирования для...

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Ripple Partner Finastra and ConsenSys Trial New Microfinance Initiative "Trust Machine"

Finastra launches a microfinance initiative in Africa to reduce SME funding gap and accelerate financial inclusion to achieve equality of access to financial services

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Enough Is Enough: It’s Time to Protect the Community

At Ripple, our company’s foundation is built on trust and transparency. We embrace these values in every decision we make, whether that is sharing the quarterly XRP Markets Reports or calling for industry-wide regulatory clarity.

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How CROSS ENF Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple

For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Cross Enf (formerly known as Coinone Transfer) partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance … Continued The post How CROSS ENF Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple appeared first on Ripple.

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How Cross Enf Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple

For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Cross Enf (formerly known as Coinone Transfer) partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance … Continued The post How Cross Enf Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple appeared first on Ripple.

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How Coinone Transfer Earned the Trust of Migrants in Korea with Low-Cost Real-Time Payments Powered by Ripple

For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Coinone Transfer partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance service.

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RippleNet partner Wirex partners with i2c to introduce multicurrency travel card

Ripple has taken the adoption of XRP to a new technological level by making it a part of its services. The use of Ripple's platform has resulted in increasing trust from financial institutions, as welThe post RippleNet partner Wirex partners with i2c to introduce multicurrency travel card appeared first on AMBCrypto.

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Grayscale Shows Ripple’s XRP Investment Trust is Staying Strong Despite Sluggish Market

Grayscale Releases Market Update As reported by Grayscale, the XRP Investment Trust registered a day change of 3. 2% on November 19. The worst performing single-asset product was the Bitcoin Cash Investment Trust with a daily negative return of 24.

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Ripple's CEO believes that Facebook currently has a trust deficit

Social media platform, Facebook's cryptocurrency project, Libra would take decades and not years to go viral, said Calibra's Vice President of Product, Kevin Weil. However, the regulatory pressure surThe post Ripple's CEO believes that Facebook currently has a trust deficit appeared first on AMBCrypto.

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On Campus: University College of London Helps Build Trust in the Internet of Value

A now famous Paul Steiner New Yorker cartoon made a prescient point about online trust in 1993 when it portrayed two dogs in front of a computer with the caption, “On the Internet, nobody knows you’re a dog.

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Ripple-Powered MoneyTap Adds Two New Banks, Now Totals 30

SBI Holdings’ MoneyTap now welcomes Daiwa Securities Group Inc. and Sumitomo Mitsui Trust Bank as its shareholders, bringing the total ally of financial institutions to 30. Established in March, this smartphone application is powered by the blockchain technology of Ripple that allows customers of the bank consortium to settle transactions instantly, 24 hours a day, […]

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SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners

Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory,  SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc.

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Ripple Whale: It Only Takes $20,000 To Become a XRP One-Percenter

How cryptocurrencies like Bitcoin or XRP are distributed can impact a specific asset’s success, both in terms of trust in the asset, but also how scarcity might affect an asset’s long-term value. And while XRP is often the target of much distaste surrounding the way the asset was distributed, becoming a Ripple whale and joining.

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Ethereum briefly gets the spotlight with all the FB, Libra, and Ripple advancements

Ethereum had gone silent with all the mainstream developments happening with Ripple, XRP and Facebook’s Libra. However, Ethereum seems to be back in the limelight, although briefly, due to Grayscale announcement.

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Interoperability Is the Key to Unlocking the Network of Networks

The power of blockchain to reduce friction and enhance trust between two parties on either side of a business transaction is already having a major commercial impact. Digital assets lesson the need for expensive counterparties in these transactions; instead, they can trust a digital asset to move money before it reaches its destination.

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Ripple (XRP) Price Break-Out, Up 9.1 Percent; Brad Doesn’t Understand JPM Coin Value Proposition

Latest Ripple (XRP) News Ripple Inc is doing everything they can to ensure that end users reap max benefits of speed, efficiency and trust. Long plagued by exorbitant charges, high latency and even failure, Ripple Inc three main solutions rely on the blockchain.

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Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes

Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.

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Ripple (XRP) See-Saws, Bulls Flowing In, 40 Cents Possible

Ripple prices up, could print above 40 cents Binance’s Trust Wallet offer XRP support Transaction volumes likely to increase as XRP close above 40 cents Binance will continue supporting Ripple (XRP) as long as it is a utility.

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Binance Trust Wallet Adds Support For XRP and Credit Cards Purchases

The official wallet of the world’s leading cryptocurrency exchange by means of traded volumes, Binance, Trust Wallet, has announced in a press release that it’s adding support for Ripple’s XRP and for credit card payments.

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More Adoption for Ripple’s XRP, Currency Now Available On Binance’s Trust Wallet

The number one cryptocurrency exchange Binance has enhanced its official wallet, Trust Wallet, to enable the purchase of cryptos with credit cards. This mobile wallet will enable the exchange to render better services to customers.

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Trust Wallet объявил о поддержке токена XRP

Принадлежащий крупнейшей криптобирже Binance кошелек Trust Wallet добавил поддержку токена XRP. The cat is out of the bag: Trust Wallet adds support for @Ripple $XRP on iOS and Android. #XRPthestandard https://t.

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Trust Wallet добавил поддержку кредитных карт и токена XRP от Ripple

Принадлежащий крупнейшей криптобирже Binance кошелек Trust Wallet добавил поддержку токена XRP. The cat is out of the bag: Trust Wallet adds support for @Ripple $XRP on iOS and Android. #XRPthestandard https://t.

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Trust Wallet adds support for Ripple (XRP)

CryptoNinjas Trust Wallet, a Binance-backed multi-cryptocurrency wallet and decentralized application (DApp) browser, today announced it has integrated support for Ripple (XRP), the native asset of the cross-border blockchain powered payment network.

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Stanford Student Calls Out Crypto Professor for Inaccurate Bitcoin Lecture

In January of 2019, student Conner Brown attended a guest lecture by a Professor Susan Athey at the University of Stanford Graduate School. She gave a presentation to his “Evolution of Finance” class titled “Blockchain and the Future of Finance.

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The Daily: Market Cap Metric Attracts Flak, Trust Wallet Does Desktop

In Friday’s installment of The Daily, we round up the latest debate over whether market cap should be used to rank cryptocurrencies. Members of the Ripple community are up in arms over new data that suggests their token’s market cap should be billions of dollars lower than currently stated.

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Stellar (XLM) and Ripple’s XRP have a new battleground to duke it out

XRP’s main competitor Stellar Lumens should see increased adoption thanks to a new fund that was created by the digital investment group Greyscale. Grayscale Investments was established in 2013 by Digital Currency Group and has provided digital currency investing services ever since.

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