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Ripple makes a donation to help more than 35000 classrooms

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Ripple
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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.

DonorsChoose.org 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 Donorschoose.org 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 DonorsChoose.org.

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 DonorsChoose.org 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

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore
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Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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