Ripple is officially bringing out RLUSD into the Japanese market, which becomes an important milestone for its future international growth. By doing this, the company will make significant progress in its operations in one of the most technologically sophisticated digital assets markets worldwide. Now, after obtaining approval from Japan’s Financial
David Schwartz is one of the creators of XRP Ledger and also a Chief Technology Officer at Ripple Labs. He supports the latest upgrade of XRPL by shifting a major XRPL hub to version 3.2.0. Schwartz revealed that the shift occurred during a maintenance period of less than ten minutes.
The release version 3.2.0 of XRP Ledger is out now, marking a significant improvement to the underlying blockchain infrastructure. This time, developers have renamed the software used for operating the network from “rippled” to “xrpld.” As explained by the creators, it is more relevant for the software to have a
Ripple partnered with the Monetary Authority of Singapore, called BLOOM. This is to help develop the next-generation digital payment infrastructure around the world. The initiative utilizes tokenized bank liabilities and regulated stablecoins to enhance efficiency. It is for various cross-border payment and financial settlement systems. Ripple collaborated with Unloq, a
A senior executive at Ripple said that XRP has the potential to be a connecting element in the financial systems based on the blockchain technology. Markus Infanger echoed this view in a discussion on the evolving nature of the XRP ecosystem. Infanger said that the XRP ledger is still evolving
A critical vulnerability in the XRP Ledger was discovered by an AI-assisted tool and a security engineer, which could have been used to exploit the network for a potential value of up to $80 billion. The vulnerability was related to malformed transaction cases that could have caused a consensus failure
The XRP Ledger now shelters two-thirds of overall tokenised US Treasury bills. As per the recent reports, the XRP-associated blockchain platform owns around 63% of the overall treasury token supply. The data unveils that the XRPL is heading the tokenised US Treasury bills, holding around 63% of the overall supply.
Analysis of on-chain data provided by the analytics platform Santiment shows that there has been a structural change in the number of XRP whale and shark wallets, as the number of such wallets containing at least 100 million XRP reduced by over 20% in eight weeks. However, despite the reduction
The saying, there’s never a dull day in crypto, yet again came true with the latest comments of a researcher about one of the top cryptocurrencies like XRP. Researcher Aylo called XRP the biggest financial scam the world has ever seen. Such a bold accusation on Ripple and its token
The XRP Ledger (XRPL) experienced an unexpected block production halt on February 4, lasting 64 minutes. Ripple CTO David Schwartz confirmed the disruption, citing validation publication issues as the cause. Network activity froze at ledger height 93927174 before validators manually intervened to restore operations. The network is now recovering. We
