Category: XRP

Ripple proposes adding new federated sidechains to the XRP Ledger

Ripple proposes the introduction of sidechains to ensure that Smart Contract adjacents are enabled on the XRP ledger (XRPL).  This proposal was influenced by the rapid development of Defi in recent years.  The crypto ecosystem is fast advancing, moving the industry to an era of technological innovations. The industry has seen the introduction of Decentralized […]

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Smart contract platform Flare raises $11.3 million in a funding round

Smart contract platform Flare raises $11.3 million in a funding round

Decentralized smart contract platform Flare has raised $11.3 million in a funding round, the company announced Tuesday.  Hong Kong-based blockchain firm Kenetic Capital led the funding round, which included participation from Digital Currency Group, Coinfund and LD Capital.  According to Jehan Chu, managing partner of Kenetic, the protocol will provide smart contract functionality to tokens […]

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“Definitely ironic” – Ripple CEO responds to ex-SEC chairman’s regulation remarks

Ripple CEO Brad Garlinghouse has replied to ex-SEC executive Jay clayton on crypto regulation. Clayton called for more crypto regulation to be enacted under the current framework.  Ripple CEO Brad Garlinghouse recently spoke on crypto regulation. The CEO was replying to former SEC chairman Jay Clayton. Clayton has asked for more regulation on cryptocurrencies under […]

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As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices […]

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South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average

South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average

As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global crypto market prices have increased across the board on Monday. In South Korea, crypto-assets like bitcoin are once again experiencing a ‘kimchi […]

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