Ripple, R3 Reach Settlement in Multibillion Dollar Cryptocurrency Lawsuit

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Blockchain companies Ripple and R3 have reached an undisclosed settlement on “all outstanding litigation,” putting an end to a legal spat involving a tranche of cryptocurrency tokens once worth as much as $19 billion. In a brief statement published on Monday, the San Francisco-based Ripple announced the settlement, stating that the terms would remain confidential. … Read more

Court Dismisses $1 Billion R3 Lawsuit Against Ripple

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A Delaware judge has dismissed the $1 billion lawsuit fintech firm R3 levied against Ripple, stating that the case does not fall under the court’s jurisdiction. However, the legal saga is far from over. As has reported, the two fintech firms have sued one another over a contract dispute related to the once-promising partnership … Read more

Ripple, Big Banks Launch First Interbank Blockchain Group for Global Payments

With the launch of the “Global Payments Steering Group”, blockchain startup Ripple has revealed details of a new interbank group that will create the first “rules-based blockchain payments network” for global money transfers. In an announcement today, blockchain and Fintech startup Ripple has revealed that banks are getting closer toward uniform policies and governance for … Read more