UAE Exchange to Launch Blockchain-Based Remittance Payments in Q1 2019

Abu Dhabi-based remittance firm UAE Exchange is collaborating with Ripple to introduce blockchain-based payments across Asia, set to go live in the first quarter of 2019.

SK’s Coinone Initiates Cross-Border Payments App with Ripple’s xCurrent

South Korea’s Coinone has formally kicked off a remittance app that uses Ripple’s xCurrent product to expedite cross-border payments, dubbed as the Cross.

Coinbase Explores Support for 31 Additional Crypto Assets, Including Ripple

Coinbase has revealed that it is now examining 29 more digital currencies including Ripple, on top of the previously disclosed Cardano and Stellar.

Ripple, Cardano, NEM, Fetch.AI, Establishes Blockchain for Europe

Touted as the “first credible attempt to create a unified voice for the blockchain industry at European level,” the lobbying group Blockchain for Europe was founded in an effort promote blockchain-based innovations in cooperation with regulators while educating Europeans about the nascent technology.

OKEx Announces Third Batch of Delisted Trading Pairs

The world’s fifth largest digital currency exchange OKEx has recently delisted 30 crypto trading pairs from its platform.

Ripple Executive Cory Johnson Asserts XRP More Widely Used than Bitcoin

Drawing comparison between Ripple’s XRP token and other leading digital currencies in the market including Bitcoin (BTC) and Stellar (XLM), Johnson outlined multiple points in a recently published video footage on Twitter, including XRP’s centralized nature and Ripple network’s state of adoption.   

DASH’s One-Day Stress Test Hits Unprecedented Record of 3.5 Million Transactions

Dash, the 13th largest digital currency by market capitalization, has exceeded all the other leading digital currencies across the market in terms of transaction volume after executing a stress test that has resulted in an unprecedented 3.5 million successful transactions in a 24-hour period.    

Ripple’s XRP Overtakes Ethereum Marketcap by Over $1B

According to CoinMarketCap data, XRP’s valuation is now higher than that of Ethereum’s, with a $1.2 billion gap separating the two.

ASEAN’s 5th Largest Bank CIMB Partners with Ripple to Launch Blockchain Remittances

Malaysian commercial bank CIMB has teamed up with California-based technology company Ripple Labs to integrate Ripple’s blockchain-based cross-border payments service.      

Ripple CEO Discusses Impact of Global Regulations to Institutional Adoption of Blockchain

Ripple CEO Brad Garlinghouse recently held a discussion about how global regulations could potentially promote institutional adoption of nascent technologies as well as its impact on traditional payments systems such as SWIFT.    

Consolidated Class-Action Lawsuit Lobbed Against Ripple Proceeds to Federal Court

The legal dispute between XRP investors and payments startup Ripple continues to heat up as it enters the next phase.

Trader Faces Imprisonment and $1 Million Penalty Over Fraudulent Crypto Scheme

An Arizonian trader has recently been incarcerated and charged a penalty of $1 million by the U.S. Commodity Futures Trading Commission (CFTC) over running an illicit Bitcoin and Litecoin scheme.

SWIFT Refutes Rumored Ripple Integration

The Society for Worldwide Interbank Financial Telecommunication has dispelled rumors claiming that it will be integrating RippleNet’s suite of software solutions for cross-border payments.

Ripple Eyes Middle East Expansion, Confirms Subsidiary Launch in Dubai

California-based technology firm Ripple has disclosed plans of launching a subsidiary in Dubai by the end of the year.  

Former Google Exec Joins Ripple as New VP of Products

San Francisco-based payments firm Ripple Labs has appointed Google’s former head of Business Development and Communications Amir Sarhangi as new vice president of products.