TL;DR Scroll has integrated the Chainlink Cross-Chain Interoperability Protocol (CCIP) to enhance the creation of decentralized applications (dApps) in a multi-chain environment. The integration will enable token transfers and messaging between different blockchains, facilitating the development of more complex dApps.
XRP is currently trading in a sideways range, having shown a slight upward movement overnight. However, it has not yet surpassed the previous swing high of 54.6 cents. If XRP fails to break above this level, the theory that a fifth wave downward has begun remains valid.
SEC announced on Thursday, October 10th that it is charging Cumberland DRW with different security charges. One of the charges states that the crypto trading firm is an unregistered dealer while handling more than $2 billion in crypto assets.
The feud continues: Ripple Labs has announced plans to file a cross-appeal in its ongoing legal case with the U.S. Securities and Exchange Commission.
The SEC continued its crypto crackdown Thursday with charges against Cumberland, again calling Solana and other assets securities.
Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA).
Ronin has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enhance the security of its cross-chain bridge, according to an Oct. 10 statement shared with CryptoSlate. Ronin explained that all crypto currently bridged using the Ronin Bridge will transition to CCIP for native cross-chain transfers.
Ripple's Chief Legal Officer has revealed that his company has filed a cross-appeal in its case against the US Securities and Exchange Commission (SEC). This provides a new twist to the legal battle that has been ongoing since December 2022.
San Francisco-based enterprise blockchain company Ripple has filed a cross-appeal of the court's final judgment.
Ripple's cross-appeal could set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post Ripple files notice of cross-appeal in SEC lawsuit appeared first on Crypto Briefing.
Zero-knowledge rollup Scroll has integrated Chainlink Cross-Chain Interoperability Protocol (CCIP).
The price of Solana (SOL) has fallen below its moving average lines, reaching a low of $133. The altcoin has been trading between $130 and below the moving average lines over the past week.
XRP price recently experienced an 18% decline, falling from $0.64 to $0.52. Despite the broader market correction, XRP has managed to hold above this critical support level.
XRP price has been trending sideways for the past week, which is worrying for investors as this consolidation is part of a bearish continuation pattern. Despite the drop, XRP is still up 3.8% over the last 7 days, a small recovery from the steep fall the asset experienced at the start of October.
The Solana price has suffered along with the rest of the market today, falling by 2% in the past 24 hours as prices fall by 3% on average.
Digital asset infrastructure firm Ripple has introduced new features and functionalities for its custody solution. “Custody is a key entry point into the digital asset economy, and it's only growing,” Ripple said in a Thursday (Oct. 10) press release.
Levi Rietveld, a popular crypto analyst with 122,000 followers on X, has released a new video detailing how XRP could potentially surge to $60 overnight by capturing a fraction of SWIFT's transaction volume. “XRP will hit $60 overnight with this SWIFT news!
In an interview on Crypto Law TV, attorney James Murphy, also known as “MetaLawMan,” sat down with host Kristi Warner to discuss the latest developments in the XRP lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). Murphy discussed the SEC's recent appeal and the potential avenues Ripple might explore in response.
TL;DR Ripple launches a cryptocurrency custody service for banks and fintech under the Custody brand. The service includes integration with XRP Ledger, facilitating transactions in a decentralized exchange. The custody service grew by 250% in customers, highlighting users like HSBC, BBVA, and Societe Generale.
The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.
The Ronin network has officially adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) after receiving approval from its validators.
Ripple has launched crypto storage services for banks and fintech companies by opening a new division called Ripple Custody. This is part of a strategy to break into the custody market, allowing institutions to store and manage digital assets on behalf of their clients.
Ripple has entered the crypto custody sector, unveiling new services aimed at helping financial institutions manage digital assets.
Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. Related Reading: $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are interested in this space.
Ronin said the Chainlink CCIP integration would reinforce its bridge's security and free up resources to accelerate Its adoption.
A recent report from Standard Chartered Bank, analysts raised eyebrows regarding the valuation of Solana (SOL) in comparison to Ethereum (ETH). While Solana appears overvalued based on various metrics, the future performance of these cryptocurrencies could be heavily influenced by the outcome of the upcoming U.S. presidential election.
Ripple has launched new updates for its Ripple Custody service, including real-world asset tokenization and integrated compliance features.
The broader crypto market remains stuck in a consolidation period. Solana (SOL) has also continued its sideways movement with no signs of any immediate upward trend.
Qatar National Bank (QNB) proudly highlighted its remarkable achievements at the “Banking Excellence in the Middle East and North Africa” awards, where it clinched four esteemed honors. This recognition underscores QNB's dedication to enhancing its digital banking capabilities, significantly supported by its partnership with Ripple and the innovative solutions offered through Ripple Net.
The blockchain space is evolving quickly, with projects like Qubetics, Ripple, and Dome of Unity driving solutions in privacy, finance, and virtual ecosystems. Qubetics has gained attention by raising over $1.2 million in its presale, with its decentralised VPN (dVPN) offering unparalleled privacy through a decentralised network and quantum-resistant encryption.
Ripple has extended its reach in the blockchain space, launching a cryptocurrency storage and management service for banks, among other financial technology (fintech) companies.
Stripe has announced the reactivation of crypto payments for U.S. businesses, allowing businesses to accept USDC through Ethereum, Solana, and Polygon.
"Security was the number one most important factor," said Phuc Thai, Head Researcher at Ronin developer Sky Mavis.
Ronin Network's integration of Chainlink CCIP enhances security, potentially accelerating Web3 gaming adoption and multi-chain ecosystem growth. The post Ronin Network adopts Chainlink CCIP to strengthen cross-chain security appeared first on Crypto Briefing.
On October 10, Ripple announced the launch of new features for Ripple Custody, its digital asset storage service geared toward banks and fintech companies.
The U.S. SEC has initiated an appeal in its case against Ripple following a federal judge's ruling that the SEC failed to prove that Ripple violated securities laws through its sales of XRP to retail customers. A recent discussion on X has sparked debate about Ripple's legal strategy following its ongoing case with the SEC.
In an attempt to expand beyond its core payment settlement service, Ripple has launched a new crypto custody service. Currently, the price of XRP stands at $0.5265. Recently, crypto experts forecasted a 25% growth in the XRP market, citing historical price patterns.
Solana (SOL) has been showing signs of macro bullishness, which could potentially help the altcoin break out of its current ascending triangle pattern. A breakout would open the door for a significant price surge, with institutional investors playing a key role in driving this momentum.
Ripple, the US-based blockchain firm, is making significant strides in the world of crypto custody, aiming to help banks and fintech companies securely manage and store digital assets for their clients.
Ripple's new custody services offer secure, compliant, and easy-to-use solutions for banks and fintech firms to store and manage digital assets, integrating seamlessly with its XRP Ledger platform.
Ripple Labs, the San Francisco-based blockchain firm, has introduced new features and integrated compliance functionality that bring bank-grade custody technology to its crypto custodial services, according to an Oct. 10 statement.
The ecosystem of memecoin on Solana is experiencing a moment of difficulty, offering a bull opportunity to the rest of the altcoins.
According to CNBC, fintech giant Ripple has made a major entry into crypto custody, unveiling new services targeted at assisting banks and financial technology businesses to store digital assets on behalf of clients.
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).
Ripple is entering the custodian space, unveiling a range of new services to assist financial institutions in managing crypto for their clients. According to a CNBC report on Oct.
Ripple's move into crypto custody allows the company to diversify beyond its payment settlement business.