Tag "Ripple"

Philippine Based Crypto Startup PDAX Receives Funding Boost from BitMEX

Philippines Digital Asset Exchange (PDAX), a locally based cryptocurrency exchange platform recently received an undisclosed sum of funding from BitMEX Ventures. This news follows a recent investment by Consensys into PDAX. According to BitMEX co-founder and CEO Arthur Hayes, they

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Philippines Approves 3 More Crypto Exchanges Amid Soaring Bitcoin Prices

Bangko Sentral ng Pilipinas has green-lit another 3 cryptocurrency exchanges to operate in the Philippines. The new licensed firms include Bexpress Inc,  Coinville Phils Inc. and Aba Global Philippines Inc. This brings the total number of licensed cryptocurrency exchange in

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Ripple to Double Staff Strength in Singapore

According to a report by Business Times (paywall), Ripple will be doubling its staff strength from 12 to 24 this year. This is against the backdrop of an increased rate adoption by its customers from Asia including the likes of

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Ripple Backs Philippine-Focused Remittance Firm SendFriend in $1.7M Funding

SendFriend, a Philippine-focused remittance market startup, has raised up to US$1.7 million capital in a venture round backed by blockchain giant Ripple also known as the cryptocurrency XRP. Other leading investors include the MIT Lab, Mastercard Foundation, Barclays, Techstars, Mahindra

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Ripple Selects Singapore as its Latest Partner for University Blockchain Initiative

Ripple announced the latest group of partners to join its University Blockchain Research Initiative (UBRI), an initiative to accelerate academic research, technical development and innovation in related fields—blockchain, cryptocurrency and digital payments. UBRI aims to foster an increase in blockchain-based academic

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17 E-Wallets in The Philippines You Should Know

“A way to carry your money inside your cellphone”. This is perhaps the simplest meaning of an e-wallet as defined by Philippine-based mobile money service GCash. For the past few years, different companies such as telcos, banks, fintech startups, financial

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Ripple Secures Their First Malaysian Bank Partnership with CIMB

CIMB Group and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB will join Ripple’s network RippleNet, which will facilitate access to other RippleNet members

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Philippines: BSP Accredits 6th Virtual Currency Exchange

The Philippine central bank has issued another virtual currency exchange (VCE) license to a blockchain company, now the 6th in the country, even as the Securities and Exchange Commission (SEC) has set the launching of its draft of crypto-trading rules.

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Ripple Commits $50 Million USD to the University Blockchain Research Initiative

Ripple announced their University Blockchain Research initiative, a collaboration with top universities around the world to support and accelerate academic research, technical development and innovation blockchain, cryptocurrency and digital payments. In launching this initiative Ripple has committed over $50 million

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David Drake: Increasing ICO Success Through a 360-Degree ICO Advisory Approach

When digital assets entered the financial scene in 2016, many people were wary of the new innovation which, at that time, was downright unpopular. However, after studying the technology behind digital assets, I decided to invest in them and follow

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