Blog Archives

Ripple Reveals Pilot Programs With Western Union And Saudi Central Bank

Posted on 14th February, 2018

For Ripple’s true believers, today is a very good day. Two major financial players — Western Union and the Saudi Arabian Monetary Authority (SAMA) — recently revealed pilot programs using the Ripple’s xCurrent settlement system. Although Ripple already has similar programs with dozens of other banks and money transfer companies, SAMA and Western Union are […]

Two U.S. banks to test Ripple protocol

Posted on 24th September, 2014

Ripple Labs announced today that their bitcoin-friendly alt-coin system will soon be offered to the customers of two small U.S. banks. The Ripple system is part of a new low-cost, real-time international payments service offered by CBW Bank of Topeka, Kansas, and Cross River Bank of Teaneck, New Jersey. The integration is the first time […]

Online payment processor Stripe launches new cryptocurrency-friendly system Stellar

Posted on 31st July, 2014

In the startup world, Stripe is already a Silicon Valley success story. Founded in 2010, the online payment processor has hit most of the high points in the tech company fairy tale: Y Combinator acceptance; over $110 million in investment by venture capital firms like Sequoia Capital, and Andreessen Horowitz; and a massive valuation bubble […]

Fidor Bank partners with bitcoin-payment processor BIPS

Posted on 27th May, 2014

Online financial-services provider Fidor Bank announced a new partnership with European bitcoin payment processor BIPS, further increasing it’s “peer-to-peer banking” network. Earlier this month, Fidor announced it would be integrating the decentralized, “currency agnostic” trustless exchange system developed by Ripple Labs, but the BIPS partnership is the first true cryptocurrency connection for the Germany-based bank. […]

Ripple Labs board member Jesse Powell resigns amid ongoing controversy

Posted on 26th May, 2014

Last week, not-quite alt-coin Ripple found itself facing an existential crisis when co-founder Jed McCaleb revealed he was planning to sell off his 9 billion XRP stash. The announcement caused a dramatic XRP price crash, halving Ripple’s currency value in less than a 24 hours. McCaleb’s planned cash-out also hinted at deeper problems behind the […]

Major alt-coin Ripple crashes as co-founder announces 9 billion XRP dump

Posted on 23rd May, 2014

Although designed as a trustless payment network rather than as a true virtual currency, Ripple has been one of the best known and highest profile alt-coins for the last several years. The system’s native currency, ripples (XRP), have traded as high as $0.06 in recent memory, giving it a surprisingly high market cap for a […]

Report: The 10 most promising blockchain-based startups

Posted on 6th May, 2014

In a report published today on Business Insider, bitcoin-business consultant Tim Swanson names his top 10 startups that use blockchain-based technology. Swanson limited his list to companies no longer operating in pre-launch “stealth mode,” and which he believes to already offer a viable service. Several of Swanson’s picks are hardly unknown in the bitcoin community: […]

Fidor Bank integrates with Ripple’s payment protocol

Posted on 5th May, 2014

Currency agnostic crypto-payments system Ripple announced a partnership with Munich-based internet bank Fidor Bank AG today. The San Francisco payment network provider will supply Fidor with support for its cutting-edge payment protocol, which is fully compatible with bitcoin, alt-coins and fiat currencies. Fidor is no stranger to the cryptocurrency community, partnering with virtual currency exchange […]