wrongbenson

Korea’s Coinone Transfer Joins RippleNet https://ripple.com/insights/koreas-coinone-transfer-joins-ripplenet/ May 8, 2018 | Team Ripple Coinone Transfer — a payments business and a subsidiary of Coinone — has joined RippleNet to use xCurrent, Ripple’s leading blockchain solution for cross-border payments and settlement. Coinone, one of Korea’s largest digital asset exchanges, will be the first exchange in the country to leverage the power of RippleNet. Coinone is a leader in the digital asset industry in Korea. As one of the largest exchanges in the country, it handles over $97 million in transactions per day. The company also understands that underlying blockchain technology has further applications, particularly for cross-border payments. The exchange is also a member of the DAYLI Financial Group, and one of its subsidiaries, DAYLI Intelligence, signed a partnership with SBI Ripple Asia last year to bring Ripple’s blockchain solutions to the Korean market. New service “Cross” to address key regional remittance corridors out of Korea Remittance outflows from South Korea have been steadily increasing over the last decade according to data from the World Bank. Starting in June, xCurrent will power the launch of a new remittance service called “Cross” for Coinone Transfer’s retail customers to address the country’s growing demand for faster and cheaper payments across the region. Coinone customers will be able to send vital remittances home to family and friends in countries across Southeast Asia using Cross — all by powered by Ripple blockchain technology. xCurrent allows for payments of any size to move quickly, transparently and at low cost across borders making it ideal for the volume and smaller size of remittance payments. “We are proud to be the first digital exchange in Korea to join RippleNet and implement Ripple’s xCurrent solution,” said Wonhee Shin, CEO of Coinone Transfer. “Ripple’s xCurrent solution will revolutionize the lives of our customers by providing them with a real-time, low-cost global remittance service.” The problems with global payments is felt universally — from regular families who want to send money to loved ones but face slow times and high costs, to financial institutions and growing businesses that need to send remittance and business payments internationally to scale. With xCurrent, financial institutions like Coinone Transfer will be able to remove those pain points for their end customers. “Non-traditional payments companies like Coinone Transfer, and their parent company, Coinone, are revolutionizing the way money moves for their customers,” said Emi Yoshikawa, director of joint venture partnerships at Ripple. “We look forward to working with Coinone Transfer to implement xCurrent as the technology underpinning their new, state-of-the-art remittance service.” - - - - - This is Cross from Coinone; their twitter has been up since July 2016 https://cross.coinone.co.kr/ https://twitter.com/cross_coinone : "Crossing the wall of overseas remittances, Cross"

I haven't listened to this yet (I will later), but her podcast is regarded as one of the better crypto podcasts.

This is most welcome news by me, personally, but also hopefully a step toward decoupling and more liquidity, and maybe beginning of end of those topics about coinbase! https://cryptorecorder.com/2018/04/19/binance-to-add-usd-to-crypto-trading-pairs-soon-both-xvg-usd-and-xrp-usd-to-get-a-boost/ Edit: Sorry I think I jumped the gun on this. I'm looking for a source or something from Binance and don't see anything. I think this article is stretching the news from March 23rd Malta news and maybe using user comments as the source. One more site that is running with this news, but I'm still trying to find something definitive from Binance or legit source: https://stocksgazette.com/2018/04/19/verge-xvg-and-ripple-xrp-big-winners-as-binance-plans-to-add-usd-to-its-trading-pairs/ From Binance:

It looks like below is the press release: https://www.presseportal.de/pm/80210/3915381 Below is website: https://www.bisonapp.de

Good news, but I don't think residents of New York can use Uphold yet, so let me know how it is =) https://support.uphold.com/hc/en-us/articles/360000085363-Important-update-for-Uphold-members-in-the-state-of-New-York-

Also upon further reading, I read that Donors Choose will liquidate over 2 weeks once they receive, which is their policy... and maybe would be negative for XRP price. Also they said on the Donors Choose facebook livestream with Monica Long that the amount was not arbitrary - they actually funded EVERY SINGLE project on Donors Choose (I think Stephen Colbert also mentioned this).

https://www.cryptoninjas.net/2018/03/29/lbx-adds-ripple-xrp-widening-array-for-crypto-assets/ “As we open our doors to UK crypto enthusiasts, we’re listening and acting on what the community wants, and that’s an array of good quality coin options to trade, all backed by a reliable, comprehensive and user-friendly service that they can trust.” - LBX Founder and CEO Benjamin Dives https://www.finextra.com/pressarticle/73274/lbx-adds-ripple-to-coin-array From Finextra article: "London Block Exchange (LBX) – the UK’s only dedicated multi-cryptocurrency exchange – has today added Ripple (XRP) to the coins it offers to its customers. This means that LBX is not only the sole operator in the market offering UK on-shore banking, but also the only exchange to offer Ripple-GBP pairing."

Robinhood is pure speculation. Correct me if I'm wrong.

I voted XRP. Honestly I like LTC just as much though.

I buy with Bitcoin on Binance. Just funded an account on Abra so I'll try them out, but I'm not sure how much the spread they take will cost me; they say the spread is about 1% on each transaction.

Yeah, I hope they do soon but I think it'll only be as soon as they get their index fund out and then their etf. interestingly there was a ruling a few hours ago where a district judge confirmed the CFTC affirmation that crypto are commodities. that is a first step toward regulation and investment vehicles such as ETFs oops meant to quotr Matin whatever

i doubt that not adding new cryptos has to do with staffing. They are not adding anything until they get approval for an ETF which is the biggest move they can make and the biggest thing for cryptos right now; Coinbase wants to be first mover. That was my takeaway from the segment. they said nothing about decentralization as being a reason for not adding any assets (which would have been a direct and EASY jab at XRP). They were talking about the rubbish coins, SEC, ICOS in particular, regulatory certainty, as well as later agreeing that market manipulation was also a factor. Hirji also joked that he and Brad greeted each other before the interview and joked that they'd take a photo and upload to twitter - he didn't mention this to come off as a **** or to **** off XRP followers; he mentioned this to show that Coinbase and Ripple have a cordial relationship. Also, unrelated but why would Ripple have any control over who lists XRP? I feel like an entity behind a decentralized crypto should not be able to have that influence (other than by not helping exchange devs to integrate XRP or wallet etc., or paying any standard fees an exchange might normally request to list). The only other question I have is - why did Coinbase list BCH? That is the only thing that doesn't fit for me. In retrospect, the ETF move was obviously coming as you hear them talking about institutional investors and their demands in past interviews. The whole BCH debacle really set them back and is a dark cloud over them. Maybe it's because they didn't actually plan for this ETF thing seriously until nov or dec - besides it is public knowledge which companies have filed for an ETF application and Coinbase is not among them.

um what is the other bank you speak of?? the news is about the app which I already read about and in more detail