Kuwait Central Bank Taps Ripple for Blockchain Remittance Service

The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to The post Kuwait Central Bank Taps Ripple for Blockchain Remittance Service appeared first on CCN

Read More

Coinbase Pro Adds Another Four Ethereum Tokens Including DAI

In a slew of additions and developments, and not unexpectedly, Coinbase has added four more Ethereum tokens. Dai (DAI), Golem (GNT), Maker (MKR), and Zilliqa (ZIL) will be added to the Coinbase Professional platform but with some regional restrictions. GNT and DAI will be available in the US, but not New York, in the UK, The post Coinbase Pro Adds Another Four Ethereum Tokens Including DAI appeared first on CCN

Read More

Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High

Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red. … Continued The post Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High appeared first on CCN

Read More

Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market is an important barometer in the progress of the space as a whole. If Bitcoin The post Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally appeared first on CCN

Read More

Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference

Ten years ago this month, pseudonymous developer Satoshi Nakamoto published the whitepaper for a new piece of technology that sought to upend the global financial system: “Bitcoin: A Peer-to-Peer Electronic Cash System.” There’s perhaps no clearer sign of the degree to which the Nakamoto revolution has begun to take hold than that yesterday, on Oct. The post Blockchain Has ‘Staggering’ Possibilities, Pres. Bill Clinton Tells Ripple Conference appeared first on CCN

Read More

‘Ripple for Good’: Ripple Commits $100 Million to Social Giving Program

Blockchain payments giant Ripple has formally announced its social impact program ‘Ripple for Good’, with donations to exceed $105 million for a number of projects already underway. In an announcement today, the San Francisco-based fintech firm said the social giving program will focus on educational projects that further financial inclusion around the world. Ripple for The post ‘Ripple for Good’: Ripple Commits $100 Million to Social Giving Program appeared first on CCN

Read More

Bitcoin Won’t Be Global Currency: Ripple CEO Brad Garlinghouse

Brad Garlinghouse of Ripple told CNBC on Tuesday that Bitcoin will not be the catch-all solution people are hoping for in terms of being a global currency. “I think it’s not going to be the panacea that people once thought it would be, where it would solve all of these different kinds of problems,” Garlinghouse The post Bitcoin Won’t Be Global Currency: Ripple CEO Brad Garlinghouse appeared first on CCN

Read More

Ripple Adds Two More Money Transfer Firms to Payment Network

Ripple has roped in two more payment providers in Asia and South America as members of its enterprise blockchain payments network RippleNet. International remittance firms Singapore-based InstaReM and Sao Paulo, Brazil-based BeeTech have collaborated to tap Ripple’s blockchain product in a first of its kind partnership between non-bank RippleNet members. Using the platform will benefit The post Ripple Adds Two More Money Transfer Firms to Payment Network appeared first on CCN

Read More