Ripple acquires Algrim, expands into Iceland

Ripple is expanding its engineering team by venturing into a new jurisdiction after acquiring Iceland-based crypto trading firm Algrim. Ripple will get six new engineers from the Algrim team with a focus on integrations with partner crypto exchanges. This team…

Ripple adds Dubai-based Bank to its Blockchain Network

Ripple partners with the National bank of Fujairah, in yet another stride towards the development of RippleNet’s Blockchain network. The national bank of Fujairah is a Dubai-based corporate bank that offers corporate and commercial banking services for conducting cross-border payments.…

Santander to Introduce Ripple-powered payment Service in Latin America

Spanish banking giant Santander group, is expanding its use of Ripple’s technology. The bank is reportedly putting in place a “payment corridor” that would let customers in Latin America send money to the U.S instantly for free via One Pay…

Ripples Partners with Kyoto and Tokyo Universities for Blockchain Research

Cryptocurrency giant Ripple has announced that it has partnered with Kyoto University and the University of Tokyo as part of its University Blockchain Research initiative (UBRI). These new Japanese partnerships were announced through a press release on Monday. According to…

Ripple to buy $50 Million Stake in Money Gram

Blockchain payments startup Ripple has reportedly arrived at a deal to buy a stake in money transfer giant Money gram. The deal which was struck on Monday will see Ripple spend $30 million to stock up on MoneyGram shares that…

Ripple co-founder donates $25 million in xrp to a California University

Chris Larsen- co-founder of Ripple announced to those in attendance at a function at the San Francisco state university that the company would be donating $25 million worth of Ripple to the university. After the announcement, the university went on…

SBI announces that 13 Top Banks are about to join the Ripple Ecosystem

SBI holdings- an entity that solidly backs ripple- just announced a new app known as moneyTap. This app will be focusing on cashless payments for small transfers. The SBI group is sometimes referred to as strategic business innovator group, and…

Ripple Seals Deal with Blockchain Gaming Platform Forte

Ripple may have just dug itself into a Gold mine if you analyze their latest move that has seen them partner with blockchain platform Forte, while at the same time committing a $100 million through their investment wing Xpring which…

Ripple CTO Refutes Claims of XRP Vulnerability and says Bitcoin is at a ‘Dead End’.

Fresh from making headlines after their partnership with non-profit firm, Tipping point, Ripple is heavy on the news again. This time courtesy of its CTO David Schwartz, who said that he believed Bitcoin was far more vulnerable to attacks in…

Santander Bank Becomes the Latest Financial Institution to Partner with Ripple

Ripple has reportedly partnered with Santander bank in a move that is likely to excite Ripple investors. Santander group have followed in the footsteps of many banking institutions that have also signed up to use this crypto-currency. This partnership is…