Call it another vote of confidence for the blockchain. Hyperledger from Hyper, which provides private blockchains to financial institutions, was bought by Digital Asset Holdings, Bloomberg reported yesterday. San Francisco-based Hyperledger won a place in Bank Innovation‘s 2015 DEMOvation Challenge, and was a semi-finalist at Innotribe’s 2015 Startup Challenge as well. AtRead More
Post Tagged with: "Ripple Labs"
Ripple Labs today earned the dubious distinction of being the first virtual currency exchange to be fined by FinCEN for failing to comply with anti-money laundering rules. This is sure to send a chill through the world of virtual currency. The San Francisco-based company, which allows for rapid inexpensive movementRead More
News broke yesterday at the Milken Institute’s Global Conference 2015 that Western Union is planning an “experiment” with Ripple Labs, the group behind the Ripple protocol. In Oct. 2013, when Ripple struck a deal with the money transfer service ZipZap, it was called a threat to Western Union. At that time, Western UnionRead More
It is easy to pigeonhole Ripple Labs. That’s that bitcoin company, right? The thing is, Ripple Labs is way beyond bitcoin, even beyond “cryptocurrency.” Rather, Ripple Labs is the leading purveyor of what it calls the “distributed ledger.” Put simply, a distributed ledger is a means for massive corporate banksRead More
SEATTLE — First, there was the Internet of Information. Then, presumably and as yet not fully realized, the Internet of Things. Next comes the Internet of Value. In a prescient presentation here at Bank Innovation 2015, Chris Larsen, the founder and CEO of Ripple Labs, described a future where valueRead More
Ripple Labs, the currency startup, is reportedly lobbying Washington, D.C., lawmakers and regulators on legislation that would ease currency rules, sources tell Bank Innovation.
Ripple Labs co-founder Jed McCaleb announced yesterday that he would be selling all of his shares in Ripple’s internal cryptocurrency, XRP (better known as ripples), which led to share prices tanking overnight. In a forum post on XRP Talk titled “Selling My XRP” McCaleb wrote that he would be sellingRead More