Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country’s cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country’s online exchanges amid a speculative boom in cryptocurrencies. That shot across the bow was paired with the news that tax authorities were investigating at … Continue reading Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

Ripple’s XRP Token Sets All-Time Price High Above $3

Get gift for you love: Valentine Gift By Shining Diva Blue Crystal Combo Of Jewellery Set / Chain Pendant With Earrings & Bracelet For Girls And Women Just two weeks after it surpassed $1 for the first time, the price of XRP, the token that powers San Francisco startup Ripple’s open-source RippleNet network, has set a new all-time high of $3. According to data site CoinMarketCap, … Continue reading Ripple’s XRP Token Sets All-Time Price High Above $3

Ripple Eyes Retreat After Record Price Highs

Ripple’s XRP token may have found a short-term top and there’s potential for a sustained pullback in prices, price charts suggest. As per data source OnChainFX, the world’s second largest cryptocurrency by market value is down 15 percent from a record high of $3.84 set yesterday. Over 24 hours, XRP is down 10 percent. A look at the top 10 ripple markets shows that the sharp retreat from … Continue reading Ripple Eyes Retreat After Record Price Highs

Ripple Claims 3 Big Money Transfer Firms Will Use XRP in 2018

Three of the top five money transfer companies worldwide will be implementing Ripple’s XRP token in their payment flow systems this year, the company said in a tweet Thursday. The tweet, which did not identify the partners, comes as XRP has rallied to overtake ethereum as the No. 2 cryptocurrency by market cap while Ripple has been criticized for its fairweather and sometimes opaque way of talking about the … Continue reading Ripple Claims 3 Big Money Transfer Firms Will Use XRP in 2018

MoneyGram to Pilot Ripple’s XRP Token

International money-remittance firm MoneyGram is partnering with Ripple to test the startup’s XRP token for international payments. According to a press release, MoneyGram will test Ripple’s xRapid service due to its claimed speed and cost efficiency. The release noted that XRP transaction fees are significantly less than those of the bitcoin network. While existing money transfer companies need to have pre-funded accounts in different nations to … Continue reading MoneyGram to Pilot Ripple’s XRP Token