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After receiving approval from more than 80% of validators, the “fixReducedOffersV1” amendment is now in an activation countdown phase of two weeks, signaling the advent of a significant XRPL upgrade. Users currently using rippled v1.11.0 or lower are advised by XRPScan to upgrade their systems in preparation for the arrival
In his last remarks at the recently ended Ripple Swell Conference in Dubai, Ripple Labs Inc. CEO Brad Garlinghouse hinted at what he sees as the next step for the cryptocurrency sector. According to Garlinghouse, the regulatory pattern chosen over the crypto business in the U.S SEC needs to alter.
Horizen EON’s Archon bridge is now live on Horizen EON as per recent announcement. Archon is a prominent Web3 venture studio. The extensive range of services offered by Archon, including smart contract design, UI/UX development, dApp development, and project management, will greatly improve the capabilities and usability of the Horizen
Blockpit, a cryptocurrency tax software provider, has purchased competitor Accointing from blockchain analytics company Glassnode, extending its presence in the United Kingdom. The value of the transaction was not revealed by either firm. It was, however, a “multi-million dollar” transaction, as Florian Wimmer, CEO of Blockpit, revealed. Blockpit said on
The Avalanche Blockchain Network’s parent business, Ava Labs, let off 12% of its staff on November 6. On Twitter, Ava Labs’ founder and CEO Emin Gun Sirer broke the news that the firm will be laying off 12 percent of its staff. With this decision, the business will be able
Conflux Foundation, commonly known as the Shanghai Tree-Graph Blockchain Research Institute, has announced that after two years of operation, the ShuttleFlow ecosystem Multichain protocol would be discontinued. Rather, Zero Gravity, a Web3 firm, will get the ShuttleFlow technology stack and continue to build the protocol under a new name. Users
Achieving scalability is one of the major challenges faced by the blockchain industry because it means making tradeoffs in either decentralization, security or sometimes both. It’s a problem that has come to be known as the “blockchain trilemma”. The term was coined by Ethereum co-founder Vitalik Buterin to describe the
In its action against Do Kwon and Terraform Labs, the United States SEC has argued that there is “no genuine dispute as to any material fact” and so has asked a federal court for a summary judgement. The SEC’s brief restates the agency’s contention that Kwon and Terraform offered securities,
Chiliz, a leading blockchain provider for the sports industry, recently announced its SportFi ecosystem now consists of more than 25 partners spanning diverse categories. The goal is to blend sports and decentralized technologies to transform fan engagement and business models. With over 2 million users on its Socios.com platform, Chiliz
Planetarium Labs, a rapidly growing Web3 gaming company, is on the verge of redefining the possibilities of Web3 gaming. With a track record of creating immersive and moddable gaming experiences, Planetarium Labs is set to launch the highly-anticipated Nine Chronicles (9C) Mobile on November 22, 2023. This marks a pivotal
