Ledger

Polkadot's June 2024 report highlights a surge in Snowbridge usage, updates on the Alpha Program and parachains, new features in the Generic Ledger app, and strong core metrics supporting its position as the world's largest DAO. Snowbridge Update The Polkadot Network recently released its monthly report with all the latest tech updates, key metrics, and discussions within the Polkadot ecosystem for June 2024. One of the most noteworthy developments of the month is the increasing usage of Snowbridge, the Polkadot-Ethereum…

Polkadot has launched a new Ledger app designed to streamline parachain management and enhance network security, thanks to contributions from Zondax, Alzymologist, and Parity Technologies. New Ledger App To Streamline Parachains Polkadot has introduced a new Ledger app to address the crucial challenge of runtime upgrades, which are essential for the network's evolution and security. Scheduled for release around July 1st, this update coincides with Polkadot's next runtime upgrade, ensuring compatibility with the latest network features and improvements from the…

The post Ripple’s XRP Ledger Goes NFT: SBI Launches Game-Changing World Expo 2025 Initiative! appeared first on Coinpedia Fintech News Japan’s SBI Group has revealed a groundbreaking initiative involving the issuance of non-fungible tokens (NFTs) on the XRP Ledger for the upcoming World Expo 2025 in Osaka. This move, aimed at enhancing visitor interactions through blockchain technology, has caught the attention of the crypto community.  Ripple Partner SBI Holdings Takes the Lead Japan’s SBI Holdings, a partner of Ripple, has…

Ripple’s VP Emi Yoshikawa highlights significant XRPL adoption in South Korea, driven by business interest in digital assets. Infinite Block, Korea’s licensed digital asset custody provider, expands XRPL services, enhancing regulatory compliance and enterprise use. As predicted in the CNF report, XRP Price Can Profit Ripple from Launches APAC Fund Amid SEC Legal Challenges, the aims have been achieved to advance innovation within the XRPL ledger in Japan by forging corporate partnerships, offering developer grants, making startup investments, and fostering…

XRP Ledger has successfully implemented a crucial Automated Market Maker (AMM) amendment, significantly enhancing its functionality. Total Value Locked (TVL) in XRP Ledger’s AMMs has exceeded 10 million XRP, marking a significant milestone in its DeFi operations. In a recent groundbreaking update, the XRP Ledger (XRPL) has advanced its decentralized finance (DeFi) capabilities with a critical Automated Market Maker (AMM) amendment. This development was first noted in a CNF post, emphasizing its significance in bolstering AMM functionalities and addressing essential…

As a recent Messari report outlined, the XRP Ledger (XRPL) showcased notable progress during the first quarter of 2024. The decentralized public blockchain, which facilitates the transfer of XRP, fiat currencies, and other digital assets, has demonstrated substantial activity. XRP Ledger Burn Rate Slows Amid Low Fees During Q1 2024, XRP, the native token of the XRPL, secured its position as the sixth largest cryptocurrency by market capitalization, reaching $34.1 billion (currently $29M). Despite a slight price decrease, XRP’s circulating…

Ripple launched a fund in Brazil to back projects using the XRP Ledger, boosting blockchain innovation. The XRP Ledger is evolving with new smart contract functionalities and sidechains, aiming to compete with Ethereum. Ripple, a leading cryptocurrency solutions company, has introduced a local fund to support Brazil-based projects utilizing the XRP Ledger (XRPL). This initiative marks the first time Ripple is deploying such a strategy in a specific country, highlighting Brazil’s favorable environment for blockchain development. Ripple’s Strategic Move in…

Ripple (XRP) maintains stability around $0.51 amidst anticipation of a court ruling on its lawsuit with the SEC, while also unveiling plans to expand its services in Africa. However, market sentiment hinges on developments in the Ripple SEC lawsuit, with Ripple mandated to file counter briefs alongside the SEC by May 20. Ripple (XRP) remains near $0.51 on Friday, holding above the key psychological level of $0.50, as traders anticipate the court ruling in the lawsuit against the US Securities…

Ripple and Peersyst are developing the XRP Ledger EVM sidechain, which is currently in DevNet, using evmOS, a modular tech stack built on the Cosmos SDK. XRPL  joins the interchain, an ecosystem of over 90 interconnected blockchains and gains access to all Cosmos SDK chains, opening up access to hundreds of apps for XRP holders. Interoperability will be one of the critical factors that will determine the success of any blockchain network in the future; in this regard, the XRP…