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
Spacewalk Bridge has launched on the Pendulum chain, offering users of Stellar and Polkadot a trust-minimized connection for efficient transfers of stablecoins and tokens. The bridge will connect DeFi applications on both chains to forex markets, opening up…
IOTA Identity v1.2 enhances digital identity management by integrating IOTA and Shimmernet, emphasizing transparency and community involvement. This update represents a significant advancement in Self-Sovereign Identity (SSI) technology, leveraging W3C standards for decentralized digital identity. IOTA Identity v1.2…
Ripple Price Forecast: Analyst Suggests XRP Bull Run Imminent Amid SEC Lawsuit Developments
One analyst suggests that XRP will embark on a massive bull rally if it breaks past the $0.75 resistance while also warning that dipping below $0.44 could signal a bearish run. The upcoming trial between Ripple and the…
The XRP Ledger (XRPL) has achieved a significant milestone by surpassing 87 million ledgers, marking its dominance in digital transaction management. Ripple’s XRPL shows robust growth with over 5 million accounts and more than 60 billion XRP held,…
With the Cardano network having a fixed supply of ADA coins, Hoskinson believes it is axiomatic to scale underlying transactions for stakers to remain profitable. The Cardano network developers are currently working on layer-two scaling solutions to improve…
XRP and XLM have been predicted to surge to $13 after the formation of a symmetrical triangle similar to that of 2017-2018. The analyst also believes that XRP has the potential to hit $38, but does not think…
Ripple CTO David Schwartz defends XRP Ledger’s blockchain status, citing its adherence to key criteria. Critics question XRP Ledger’s classification due to its unique consensus mechanism, but Schwartz remains firm. Ripple’s Chief Technology Officer (CTO), David Schwartz, recently…
Impierce Tech celebrates the release of IOTA Identity v1.2, marking significant progress in self-sovereign identity solutions. The IOTA Identity framework, highlighted by CEO Jelle Millenaar, not only advances decentralized identity solutions but also emphasizes transparency and community involvement.…
Crypto Flash Crash and Bitcoin Bloodbath: BTC Price Plunges 5.5% to $66,421 – Is $60,000 or $70,000 Next?
Bitcoin’s rapid price decline to $66,421 ignites market speculation: will $60,000 or $70,000 be the next critical threshold? The crypto market faces a tumultuous phase with over $500M liquidated, impacting major cryptocurrencies and meme coins alike. Barron’s, a…
There are many peculiarities that separate crypto from TradFi (traditional finance), and that can be challenging when new traders enter the arena. At the top of the list must be the concept of tokenomics, i.e., the demand and…