Ripple has always been the most controversial virtual currency. You must have continuously heard about much good news and bad news about it, which influence the price of ripple and the emotion of many investors. Here I’ll update some ripple coin news when it is on the downturn.

News 1.Executive Vice President of MasterCard: Provided guidance to Ripple a few years ago

Bianews, September 13th, according to Globalcoinreport, MasterCard Executive Vice President Colleen Taylor revealed that the company provided guidance to Ripple from 2011 to 2012, when Ripple came to MasterCard for strategic advice on expanding products.

When Ripple asked if MasterCard could spend a few days developing a product strategy plan for them, Taylor didn't hesitate. According to Taylor, this is because MasterCard sees Ripple's agility and MasterCard scale, which is a perfect match for MasterCard.

News 2.FBI and South Korean police jointly crack down on "Ripple XRP" cryptocurrency phishing scam

Bianews September 16th news, according to coincryptorama reported that the South Korean police and the Federal Bureau of Investigation jointly attacked an international XRP phishing scam. "XRP" is a digital token provided by Ripple, which has been involved in a scam in South Korea and Japan. According to reports, the scam was carried out by two people, an employer and a programmer. The programmer was a 42-year-old officer. The two scammers stole more than $800,000 worth of XRP among dozens of victims in both countries. So be cautious to

News 3. Saudi Arabian National Commercial Bank joins RippleNet

Bianews September 17th news, according to coincryptorama news, Saudi Arabian National Commercial Bank (NCB) announced that it will use Ripple blockchain platform to improve the remittance in and out of the country, will provide bank customers faster, more transparent International payment service.

News 4.Ripple and R3 blockchain alliance reached a settlement agreement after a 12-month legal dispute

Ripple issued a press release on September 10, 2018, saying that R3 and Ripple have reached a settlement agreement on all pending litigation. "The terms of the agreement will be kept confidential and both parties expect to place these disputes behind. ”

Ripple has also been in a downturn recently, with prices falling below $0.3 on September 7. The current ripple xrp price is about $0.28, with no signs of recovery. Fortunately, it has consistently ranked third because of its outstanding performance in the cross-border payment field.