Polkadot is driving Trustlessness onchain with new innovative solutions. The protocol employs BEEFY, Snowbridge, and Hyperbridge to achieve its interoperability goals. Polkadot (DOT), a protocol that connects blockchains, requires secure bridges with external networks to thrive across the…
Hedera Facilitates Tokenization: abrdn’s Money-Market Funds Now Accessible in Token Form
Abbrdn, a $600 billion investment giant, has tokenised its USD, EUR and GBP money market funds in partnership with Archax exchange, all on the Hedera blockchain network. The UK firm says tokenisation is the future of asset management,…
Ernst & Young Adopts Polygon PoS for OpsChain Contract Manager, Eyes Ethereum Mainnet Migration
Ernst & Young launches the OpsChain Contract Manager utilizing Polygon PoS, aiming for enhanced contract management efficiency and cost-effectiveness. The crypto market shows diverse investment opportunities with varying levels of risk and potential return, with specific altcoins highlighted…
Bitcoin and BTC ETF News
XRPL DeFi boom as its AMM pool records an impressive growth from 277 to 316, pushing the locked XRP tokens from 1.8 million to 2.15 million. Analyst predicts that XRP could replicate its 942% run in 2021 to…
Ripple CEO Brad Garlinghouse remains committed to challenging the SEC’s stance on XRP to the Supreme Court. Legal battles over cryptocurrency regulations intensify, with potential implications for asset classification and industry standards. Following recent updates from CNF, Ripple’s…
Through USDC on the Polygon network, users can now send and receive money instantly around the world through SukuPay. This signifies the growing adoption of the Polygon network with real value being built around the ecosystem. Suku World,…
Ripple (XRP) News
Terra Classic has printed a dramatic rebound in its staking ratio. LUNC price is in uncharted territories with hopes of a sustained recovery as well. Recently, Terra Classic’s native token, LUNC, experienced a remarkable rebound as the token’s…
The court, led by Judge Torres, has scheduled the remedies briefing and discovery phase in the ongoing Ripple vs. SEC lawsuit, marking a significant step forward in the case. Ripple has been permitted to file a Sur-Reply in…
Bitwise, a digital asset manager, leads transparency by revealing its Bitcoin wallet address for its BITB ETF, boosting accountability in the cryptocurrency world. Bitwise’s wallet, “1CKVs,” holds $470.74 million in BTC, ranking 71st among top Bitcoin addresses, with…
The ETH Passport Stamp improves security on Ethereum, merging transaction history and advanced predictive models. Dencun update introduces proto-danksharding, reducing transaction costs and optimizing data storage on blockchain. The implementation of the new ETH Passport Stamp represents a…
• As inflation rises and threatens the stability of the global economy, Chinese investors are counting on Bitcoin as a safer alternative. • Despite the current crypto ban in China, Chinese residents are relying on over/the-counter services. China’s…
Peersyst Technology moves forward with Ripple towards launch of XChainBridge, improving XRPL interoperability with Ethereum Virtual Machine. Sidechain EVM proposal for XRPL receives positive votes, approaching consensus needed for implementation. Peersyst Technology, together with Ripple Developers, is marking…
Avalanche price has reversed its very harsh growth trends of the past month. Series of network fundamentals are working together to enhance the valuation of AVAX. Avalanche (AVAX), a decentralized blockchain platform has recently caught the attention of…
Polygon has unveiled an aggregation layer (AggLayer) meant to unify the Web3 ecosystem to offset the existing challenge of scaling limitations. This is reported to be launched next month. While this is the first version, the AggLayer V2…
Ripple CTO Draws Parallels: XRPL vs. Google – XRP’s Potential in Cross-currency Payments
Ripple aims for XRPL to dominate global payments like Google with search, streamlining cross-border transactions efficiently. Ripple’s XRPL could expand into smart contracts and tokenization, while maintaining its focus on liquidity and payments. In a recent interview with…
The Cardano (ADA) network demonstrates robust growth in smart contract deployment, with a cumulative count of V1 and V2 Plutus smart contracts. Cardano co-founder Charles Hoskinson also expresses high optimism for Cardano’s growth in 2024, emphasizing the ongoing…