Ripple News: R3 Launches Corda Network — How Does This Impact XRP?

Corda Network is the open shared blockchain network that links participants using Corda such financial institutions, banks, trade associations, fintech companies, and other businesses. It provides a common layer of identity and consensus among participants using Corda which enables interoperability between them on the network.Moreover, the Corda Network is openly governed to enable the seamless on-boarding of participants to Corda and to help developers develop new applications for Corda and Corda Enterprise.Corda has already achieved a mass of partnerships from both private and government-based companies and organizations. For instance, Corda’s partnerships with over 250 companies and organizations includes Citibank, HSBC, Huawei, Infosys, Intel, Amazon Web Services (AWS), and more.All in all, the launch of the Corda Network is a very big development for R3 and it will be the catalyst that drives the enterprise blockchain software firm into the future, seeing that the companies mentioned above use their services.

Brian Kelly Predicts Crypto Bottom and Bitcoin ETF Bust, Plus Ripple and XRP, Tron, Ethereum, Stellar, VeChain, IOTA: Crypto News Alert

Bitcoin and crypto bull Brian Kelly says there’s absolutely “no shot” for any Bitcoin ETF proposal to pass in 2019. The founder and CEO of crypto investment firm BKCM told CoinTelegraph he believes the Bitcoin futures market is not mature enough, and it will be at least a year before an exchange-traded fund is approve Ripple has partnered with Tsinghua University to launch a research scholarship program for graduates in China. According to Crowdfund Insider, the program will focus on how blockchain technology works and the current state of regulations in the country.This week’s edition covers a number of updates relevant to the Ethereum community, and looks at new developments on the Ethereum-based platforms OmiseGo, 0x and Augur.

Only XRP Private Keys That Used Software From Before August 2015 Are Vulnerable

Recent research jointly conducted by the definite foundation and the University of California revealed that a portion of Bitcoin (BTC), Ethereum (ETH) and Ripple addresses are vulnerable. The researchers claim to have successfully hacked hundreds of Bitcoin, some Ethereum, SSH (remote control for Unix-like systems), HTTPS and one XRP private keys thanks to so-called biased nonces (with a low degree of randomness.) As the researchers explain, the consequences of such vulnerabilities are vast. According to Ripple, a deterministic nonce generation has also been part of their software since August 2015. This feature also makes addresses that interacted with the blockchain employing newer software libraries safe from this vulnerability. Also, recently news broke that a recent spate of ransomware attacks estimated to have earned hackers 705.08 Bitcoin ($2.5 million) likely came from Russian cybercriminals, not North Korean state sponsored actors as initially thought.

Another Four More Partners For Ripple

Currently, Ripple’s native token XRP is the second largest cryptocurrency in the space right now just as it was during the last few weeks of 2018 before getting overtaken by Ethereum once more at the start of this year.The persistent behaviour of XRP and Ripple to partner up with financial institutions seems to be changing the game for the San Francisco based blockchain start-up. The past few months alone have seen the firm secure many important partnerships.All this news surfacing about Ripple comes just days after Ripple Labs revealed that over 200 financial organisations have come to the network. With this in mind, the company now operates in more than 40 countries across all continents on the planet.At the current time of writing, XRP is in the red (as is the rest of the market) with a 3.08 percent decrease over the past 24 hours leaving it a price of 32 cents and a market cap of 13,236,178,098.

Ripple’s Brad Garlinghouse says, financial institutions are self-assured to “flip the switch”

The Chief Executive Officer [CEO] of Ripple, Brad Garlinghouse said that banks and financial institutions are self-assured to “flip the switch” and integrate the digital asset XRP. In a recent interview with Fortune, the San Francisco payment startup CEO talked about his belief of the 200 banks and financial institutions that have joined hands with Ripple’s network are getting prepped up to utilize xRapid, that uses XRP to boost cross-border payments.Euro Exim is one amongst the five companies that will use XRP to power payments on behalf of their clients. The others are namely, JNFX- a London-based foreign exchange firm, SendFriend -New York-based fintech for global remittance market, Transpaygo- Vienna-based fintech for mobile payments, and Financial Transaction Control Systems [FTCS]- Stockholm-based company building financial infrastructure, reported the publication.

Companies using xRapid and XRP range from small to miniature

Things are looking great for Ripple. By Ripple, I mean Ripple Labs, the company formerly known as OpenCoin that created a modern-day SWIFT challenger, a network that has good chances of out-competing the dinosaur network created more than 50 years ago.
The company is registered way back, in 2015, a real financial behemoth. This a minuscule startup, with almost no search popularity before deciding to use XRP. This was probably a publicity stunt by the company, which is a good marketing move. Now this isn’t to say that banks will never adopt xRapid (and start using XRP). In fact, this has been a part of the Ripple business plan from the very beginning. Get banks using xCurrent and then cross-sell them into xRapid. Banks may come to love xRapid.

Bitcoin Whales Burst to Life, Plus Ripple and XRP, Tron, Ethereum, Cardano, Kyber, VeChain: Crypto News Flash

An increasing number of Bitcoin addresses that have been inactive from six months to two and a half years are starting to move their BTC, reports the crypto analytics company Flipside Crypto.Ripple CEO Brad Garlinghouse says 2018 marked a year of remarkable growth for the blockchain payments startup – including the adoption of the digital asset XRP by its banking and financial services customers.According to data provided by LitecoinBlockHalf, the 60 millionth LTC has now been mined. That marks more than 70% of Litecoin’s total supply of 84 million coins that will one day be available.VeChain is focused on mass adoption, facilitating regulations and deploying its technology for real-world use cases.

The First Bank Using Ripple’s XRP-Based xRapid Reveals Imminent Launch, Plans to Power Payments Across 80 Countries

Euro Exim Bank says it will begin using XRP in cross-border payments in the first quarter of this year. Graham Bright, the bank’s head of compliance and operations, told American Banker it ultimately plans to use the digital asset to power payments across 80 countries to demonstrate the speed and efficiency of cryptocurrency.Ripple has partnered with four cryptocurrency exchanges to act as bridges and execute XRP transactions via xRapid. For example, a bank can exchange dollars to XRP through the crypto exchange Bittrex, which in turn sends the XRP to the Mexico-based crypto exchange Bitso. Once Bitso receives the XRP, it instantly processes the conversion from XRP to the Mexican peso, and then delivers it to the designated Mexican bank in real time.Ripple’s global head of strategic accounts Marcus Treacher says xRapid will give international companies a new way to send value without parking money in various currencies around the world.

Possible Japan Bitcoin ETF, Ripple Achieves Milestone, Ethereum Classic Attack

Although the Bitcoin price stumbled, fundamental developments for the crypto industry’s facets remained strong during the second week of 2019. New York opened a so-called “Blockchain Center,” purportedly funded by Microsoft, Ripple achieved a key milestone, and Bloomberg claims that Japanese regulators may green light a Bitcoin exchange-traded fund (ETF) in the future. For the most part, 2018’s crypto crash killed the momentum of industry upstarts, many of which have had to slow operations in recent months. However, XRP-friendly Ripple, the San Francisco-based fintech company, has been doing just fine and dandy. On Tuesday, the company revealed that it had just brought on 13 institutional clients, which hail from Canada to Kuwait. With this addition, RippleNet, the firm’s self-described “frictionless experience” centered around cross-border payments,

Ripple at Silicon Valley Japan Platform [SVJP]; plans to disrupt Japan’s payment industry

As per the latest tweet by Ripple, they are at the Silicon Valley Japan Platform [SVJP] trying to bridge the gap between the valley and Japan and also trying to disrupt Japan’s payment industry.Silicon Valley Japan Platform [SJVP] was an initiative that was established back in 2014 between the U.S. and Japan council to broaden and deepen the scope of ties between Silicon Valley and Japan through a variety of programs.Ripple has been reaping the benefits of the hard work that they put in the bear market of 2018 ever since the start of 2019 as they have announced multiple new partnerships with major financial institutions around the world. As of now, Ripple is in more than 40 countries around the world and has more than 200 new partnerships.Apart from the SJVP talks, a Japanese lawmaker, Takeshi Fujimaki, a former banker turned politician and a representative of one of the largest opposition political party Nippon Ishin, recently mentioned that Japan is falling behind in terms of developments in terms of digital assets.