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Binance Futures Introduces USDⓈ-Margined RPL Perpetual Contract with 75x Leverage
cryptocurrency

Binance Futures Introduces USDⓈ-Margined RPL Perpetual Contract with 75x Leverage

Binance Futures will launch the USDⓈ-margined RPL perpetual contract with up to 75x leverage, enhancing trading options.

Ripple (XRP): XRPL EVM Sidechain to Boost Interoperability with Axelar Bridge Integration
cryptocurrency

Ripple (XRP): XRPL EVM Sidechain to Boost Interoperability with Axelar Bridge Integration

Ripple (XRP) introduces XRPL EVM Sidechain with Axelar Bridge to enhance interoperability and streamline asset transfers.

Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security
cryptocurrency

Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security

Meta's Purple Llama project enhances generative AI safety and security through CyberSec Eval and Llama Guard, collaborating with major tech entities for responsible AI development.

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
cryptocurrency

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade

The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.

Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
cryptocurrency

Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration

Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.

Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration
cryptocurrency

Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration

RippleX proposes the XLS-30 AMM amendment for XRPL, aiming to enhance decentralized finance. Introduced to Devnet in Nov 2022, it's now up for validator voting. The protocol offers native AMM functionality and a unique auction mechanism to reduce impermanent loss, optimizing asset trading.

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value
cryptocurrency

Rocket Pool GMC Treasury Considers USDC Diversification to Stabilize $RPL Value

Rocket Pool's GMC plans to convert 20% of monthly inflow payments to USDC starting September, aiming to attract a diverse applicant pool despite challenges in optimal allocation strategy.

Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool
cryptocurrency

Coinbase Ventures Invests in Decentralized Ethereum Staking Pool Rocket Pool

Coinbase Ventures has invested in Rocket Pool, acquiring RPL tokens to support the decentralized Ethereum staking pool. The move aligns with efforts to scale Ethereum's infrastructure.

Ripple's XRP Ledger Distributes $1.6M in Wave 5 Grants
cryptocurrency

Ripple's XRP Ledger Distributes $1.6M in Wave 5 Grants

XRP Ledger Foundation awards $1.6M to 15 projects in Wave 5 of XRPL Grants. Awardees, from 14 countries, aim to accelerate XRP Ledger adoption with use-cases in Web3 finance, transaction facilitation, and more.

Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
cryptocurrency

Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari

According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.

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