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Ripple Files to Move Securities Lawsuit from State to Federal Court

Ripple’s legal team in their ongoing securities suit is attempting a new tack: to have the claim proceed at the federal level.In a move that legal commentator Jake Chervinsky described as “seriously crafty,” Ripple has filed a formal notice-of-removal motion to have their most recent securities suit, Zakinov et al v. Ripple, tried in a […]
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Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018

American tech company Ripple reported that its revenue from XRP token sales doubled in the third quarter (Q3) compared to the second quarter (Q2) of 2018, according to the company’s quarterly report published Oct. 25.In the Q3 2018 XRP Markets Report, the company reveals that  it sold $163.33 million worth of XRP in the Q3, […]
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Collaboration With PNC Leads to XRP Surge

In another major milestone for cryptocurrency adoption, United States bank PNC will begin using RippleNet to process international payments for its clients.Ripple made the announcement on Sept. 19, stating that PNC’s Treasury Management unit will be using its xCurrent software solution to expedite cross-border transactions for the bank’s U.S. commercial clients.According to initial reports, xCurrent […]
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