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.

XRP News

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

Hackers, data

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

Coins image via Shutterstock

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

ripple coins

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

snoop dogg ripple xrp 2018

Markets

Ripple Launches 'Xpring' Initiative to Invest in XRP-Focused Startups

Ripple has launched an initiative to provide financial assistance to "serious" startups and projects – as long as they boost its own ecosystem.

By Sujha SundararajanMay 15, 2018

Water ripple. (Credit: Shutterstock)

Markets

Ripple: XRP Pilot Cuts Payment Fees Up to 70%

Ripple's xRapid pilot program results found that customers saved both money and time when compared to traditional cross-border transactions.

By Nikhilesh DeMay 10, 2018

ripple, xrp

Markets

Investor Sues Ripple Alleging 'XRP Is a Security'

An investor is suing Ripple Labs, claiming that XRP is a security pertaining to the startup.

By David FloydMay 4, 2018

(Shutterstock)

Markets

Ripple Says Sales of XRP Cryptocurrency Rose 83% In Q1

While XRP's price has fallen since the end of the year, Ripple's sales of the cryptocurrency are stronger than ever.

By David FloydApr 26, 2018

ripple3

Markets

Snoop Dogg to Perform at Ripple's Blockchain Week NYC Party

Snoop Dogg will perform at Ripple's Community Night during this year's Blockchain Week in May.

By Nikhilesh DeApr 24, 2018

Snoop
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