XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

Ripple Taps Facebook Payments Exec for Business Development Role

Ripple said today that it will have Kahina Van Dyke, who previously worked at Facebook, as its new senior VP of business and corporate development.

By Muyao ShenJul 11, 2018

Markets

Another Ripple Lawsuit Claims XRP Is A Security

A third investor in three months is suing Ripple on grounds that the XRP cryptocurrency is a security issued by the firms.

By Nikhilesh DeJul 5, 2018

Markets

Below $0.50: XRP Prices Fall to New 2018 Lows

XRP and other well-known crypto assets are sitting on dangerous grounds as they print new price lows not seen since 2017.

By Sam OuimetJun 29, 2018

Markets

Ripple CEO Defends XRP's Utility at Fintech Conference

"Let's be clear: Ripple is different than XRP," said Ripple head Brad Garlinghouse during day two of CB Insights' Future of Fintech conference.

By Nikhilesh De, Madeline Meng ShiJun 21, 2018

Markets

Another Investor Lawsuit Claims XRP Is a Security

A new lawsuit claims XRP is a security controlled by Ripple.

By Nikhilesh DeJun 8, 2018

U.S. District Court Judge Alvin Hellerstein said there is "no binding precedent" for SEC vs. Kik case. Credit: Shuttershock

Markets

Hackers Demand $1 Million in XRP After Bank Data Theft

Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple's XRP to not release the data trove.

By Daniel PalmerMay 30, 2018

Tech

British FX Firm Currencies Direct Pilots Ripple Tech

Foreign exchange brokerage Currencies Direct successfully completed several international transfers using Ripple's xRapid product.

By Nikhilesh DeMay 29, 2018

Markets

Payments Platform Uphold Completes XRP Ledger Integration

Digital payments startup Uphold has completed its integration with the XRP ledger, it announced Thursday.

By Nikhilesh DeMay 24, 2018

Markets

Revolut App Adds XRP, Bitcoin Cash to Crypto Options

Mobile banking app Revolut now lets users buy, sell and hold Ripple's XRP and bitcoin cash, in addition to bitcoin, litecoin and ether.

By Daniel PalmerMay 24, 2018

16:9 Revolut (A. Aleksandravicius/Shutterstock)

Markets

At Ripple's Snoop Dogg Party, A Search for XRP

So what we get drunk? So what we smoke weed? We're just having fun, something something XRP.

By David FloydMay 19, 2018

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