The popular Bitcoin margin trading exchange BitMEX is launching a new program tailored towards its corporate customers. Called BitMEX Corporate,
Ripple is a protocol that has its native cryptocurrency. The platform represents an open-source protocol that is intended to allow for quick and cheap transactions.
The cryptocurrency that the platform uses is called XRP. It is one of the veterans in the space, and since 2014 it’s showing up consistently among the top cryptocurrencies by market cap.
Unlike the majority of the cryptocurrencies, Ripple doesn’t really have a blockchain, per se. Instead, they use their own patented technology called the Ripple Protocol Consensus Algorithm (RPCA).
The average transaction time for Ripple is a lot less than that of other major cryptocurrencies such as Bitcoin and Litecoin. This allows for quick international transactions, and that’s where the company places its focus – to be used as a medium of exchange for international and cross-border payments. This is why the company has entered into a few partnerships with some banking systems. Among the banks that work with Ripple include Santander, Rendimento, and Interbank.
Naturally, there are also some downsides to Ripple, mainly stemming from the fact that it is centralized, which goes against a lot of what cryptocurrency proponents stand for.
Recent Ripple News
The former head of the U.S. Commodity Futures Trading Commission J. Christopher Giancarlo says XRP is not a security. The
A recent survey compiled by the cryptocurrency exchange BitMax indicates that the Japanese are quite fond of Ripple (XRP). Having
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Ripple has reportedly become the first blockchain-focused member of the emerging global ISO 20022 Standards Body. Thus, the firm has
Ripple, one of the leading cryptocurrency projects, oriented mainly towards facilitating cross-border payments and settlement, has seen an 85% decrease
Several months after signing the initial partnership agreement, Ripple and Siam Commercial Bank (SCB) officially launched an application called SCB
Just a Coincidence? YouTube Bans Ripple’s CTO Account For Impersonation A Week After Being Sued By Ripple
The most popular video-sharing platform, YouTube, has discontinued the channel of Ripple CTO – David Schwartz for impersonation. Interestingly, the
Ripple, the payment protocol and the company behind the third-largest cryptocurrency XRP, is taking legal action against the video giant
Netherlands-based retail brokerage platform BUX has launched a cryptocurrency-oriented product to cope with the increasing demand across young investors in