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Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
20.5.2024
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would...
XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs
20.5.2024
The XRP Ledger (XRPL) has experienced an increase in transaction activity, with the number of transactions more than doubling from the fourth quarter of 2023 to the end of the first quarter of 2024.
The post XRP Ledger Sees Over 100% Surge in Transaction Activity Amid Decline in Average Costs...
XRPL on-chain transactions jump 108% in Q1 2024
19.5.2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
19.5.2024
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital...
Ripple to revolutionize creativity on the XRP Ledger in Brazil
16.5.2024
Ripple has undertaken the initiative to foster innovation on the XRP Ledger in Brazil by establishing the XRPL Grants Program, which provides financial support for project development. In this matter, its vision coincides with that of the Brazilian government, which has exhibited considerable...
Korean VAS provider Infinite Block joins as new XRP Ledger validator
14.5.2024
The new XRP ledger validator is keen on diversifying the XRPL system and providing XRP-based services to business organizations. The Korean financial regulatory authority approved the Infinite Block as a provider of virtual assets. Very few business organizations, like Infinite Block, got approval...
Korea’s Infinite Block Joins as XRP Ledger Validator, Bolstering Global Ecosystem
13.5.2024
Infinite Block, a Korean virtual asset service provider, has announced its participation as a validator in the XRP Ledger (XRPL) blockchain. This move is expected to bolster the XRPL ecosystem within Korea’s unique regulatory environment. Infinite Block aims to provide XRPL and XRP services...
Japanese Crypto Platform SBI VC Trade Begins Validator Node Operations on XRP Ledger
10.5.2024
SBI VC Trade Co., Ltd., a Japanese crypto-asset trading platform, has announced the commencement of its operation as a validator node on the XRP Ledger blockchain. This move aims to earn recognition for reliable performance from the XRP Ledger community and to be selected in the Unique Node List...
US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets – Institutional Adoption on the Rise?
8.5.2024
The largest American banks are jointly experimenting with distributed ledgers to discover the potential of tokenized assets.
The post US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets – Institutional Adoption on the Rise? appeared first on Cryptonews
Is It Too Late to Buy Bitcoin Cash? BCH Price Up 11% as GambleFi Project Reaches $700,000 Milestone
8.5.2024
Bitcoin Cash’s ($BCH) price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. Since Wednesday May 1, Bitcoin Cash has risen 11% to change hands at a current price of $453. Over the same peiod, the token representing the original unforked Bitcoin ledger, $BTC...
Mastercard joins forces with US banking titans for tokenized settlement trials
8.5.2024
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars
What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?
24.4.2024
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term
Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware Wallets, and The Launch of Ledger Stax | Ep. 328
23.4.2024
Ian Rogers, Chief Experience Officer at Ledger, discusses his move from the world of Apple and Yahoo to that of crypto and Ledger, as well as the incoming Ledger Stax, adding that more secrets will be revealed soon.
The post Ian Rogers, CXO at Ledger, on Self-Custody, The Future of Hardware...
Japan’s SBI Group Plans to Issue NFTs Built on XRP Ledger for World Expo 2025 in Osaka
19.4.2024
Japan’s SBI Group is planning on issuing non-fungible tokens (NFTs) built on XRP Ledger during the World Expo 2025 to be held in Osaka, Japan.
The post Japan’s SBI Group Plans to Issue NFTs Built on XRP Ledger for World Expo 2025 in Osaka appeared first on Cryptonews
BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings
17.4.2024
BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would...
UK Finance broadening the pilot of experimental shared ledger
16.4.2024
UK Finance is broadening the testing stage of the experimental shared ledger to monitor banking payments and unravel the digital assets space. Banks like Barclays, Lloyds Banking Group, Citigroup, and Mastercard, and Visa are connected with the testing stage. The test is the way forward to building...
BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements
8.4.2024
The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks...
XRP Price Prediction as Ripple Announces New Stablecoin – Can XRP Reach $100?
5.4.2024
News that Ripple Labs is set to launch its very own US dollar-pegged stablecoin has failed to give the XRP (XRP) price a lasting lift. XRP, which is the token of the XRP Ledger launched by Ripple Labs in 2012, was last at $0.587. That leaves it down close to 7% for the week, and […]
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Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC
4.4.2024
The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company