It has been an interesting week for Ripple’s XRP so far. Although the uneasy price momentum is far from over, it would appear there are some interesting things happening behind the scenes. As of right now, it would appear the XRP price uptrend is still in place, although the $0.5 […]
Tag: R3
R3 Blockchain Consortium Mulls IPO
There is a lot of hype associated with the blockchain industry. Companies and investors expect big things from this technology. So far, few actual use cases exist to warrant that excitement. Despite the ongoing struggles, the R3 blockchain consortium is contemplating filing for an initial public offering. R3 Wants to […]
R3 Consortium Facing Possible Bankruptcy
Enterprise blockchain consortium R3 is running out of money and could be bankrupt by early next year, Fortune reported on June 7. The startup announced that it had raised $107 million in May of last year, but it has emerged that lavish spending and lackluster performance have pushed the startup […]