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Ripple makes a donation to help more than 35000 classrooms




Ripple, a digital currency and an open payment network, has recently donated $29 million for a social cause. The commendable contribution will be going to the education of many children in schools across the US. is a well-known fundraising platform where many teachers have requested for various equipment and other materials in order to enhance education standards. That includes library books, computers, field trips, trombones and more.

The crowdfunding platform has been used by many teachers who have asked for money to make a lot of changes in the lives of their needy students. Some of them have been using it for a while now. Ripple has heard these requests and has taken on to cover all of them. Indeed, the crowdfunding platform is exceptionally excited to see the generosity of the company.

The company website puts up a brief on why they were convinced to take a massive step in the field of education. Here it goes:

Every Rippler, from the executive team to our newest hires, started their careers in one place — the classroom. It’s in this pivotal setting that children’s dreams are forged and legacies begin. …We’re thrilled to announce that Ripple and its executive team are giving back to America’s teachers with a $29 million dollar donation in XRP to

The fundraising platform states that Ripple will be helping more than 35,000 classrooms across the country. The donated cryptocurrency (as they paid in XRP) will soon be converted into dollars and will be used to meet the needs of various teachers who have raised requests on the cloud funding platform.

The initiative began because an appeal was sent to Chris Larsen from Ripple who has been supporting the non-profit platform in the past years. Ripple also mentioned that their donation is made as an acknowledgment of what every Rippler has experienced in their schooling.

As per the history of Ripple, this is the largest donation made for a cause such as this. Even outside the company, this seems to be the largest donation that cryptocurrency sector has ever observed. In fact, Ripple in a recent blog post has encouraged others to follow this trend of donating to a real need.

Nevertheless, this donation by Ripple has been appreciated by many other organizations. In fact, it was even brought up in the show ‘The Late Show’ by Stephen Colbert. He mentioned that the fundraising website was down for some time because Ripple has funded all 35000 classrooms on the fundraising platform. He goes on to say that Ripple’s act of kindness will hopefully spread across all the world.

Quick Ripple 101

Founded back in 2012, Ripple is one of the most well-known and reputed digital currency in cryptocurrency market. Recently, Ripple has seen a bearish trend as the value for the digital currency went down rapidly. It was a result of the various things including the advertising policing that came up over the last few months on Google, Facebook, and most recently on Twitter. However, this seems to be a temporary issue, and it looks like Ripple will find its way back into the market.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Teaching and Learning via Flickr


Reasons Why You Are Much Safer When Crypto Trading on Dexes




While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021



crypto billionaire

Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level




Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
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  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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