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SUI Users Will Soon Perform Transactions Via SMS: Details
In a groundbreaking development poised to revolutionize financial accessibility, the Sui blockchain is pioneering “internet-less transactions” by leveraging radio waves and SMS technology. This innovation, shared in a recent Cointelegraph post, aims to facilitate cryptocurrency transactions in regions with limited or no internet connectivity, thereby extending financial services to underserved communities. Innovative Approach to Offline…
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Ripple and MoonPay Donate $50,000 in RLUSD to Support Los Angeles Firefighters
In a heartwarming demonstration of corporate social responsibility, MoonPay and Ripple, two titans of the blockchain and financial technology industries, have joined forces to support the Los Angeles Fire Department (LAFD) in their relentless fight against the devastating wildfires sweeping across the region. As revealed in a recent Ripple’s X post, the companies have collectively…
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Standard Chartered Expands Into EU Crypto Custody Services
In a major development that underscores the growing mainstream adoption of digital assets, Standard Chartered has announced plans to offer Bitcoin and cryptocurrency custody services within the European Union. This move is part of the bank’s broader strategy to capitalize on increasing institutional demand for secure and compliant digital asset storage solutions. The news has…
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Cardano Creator Unveils Future Plans for Hydra Following Doom Test
As blockchain technology continues its pursuit of mainstream adoption, solving scalability issues remains a critical objective. Among the blockchain projects leading the charge is Cardano, a network that has made significant progress in pushing the boundaries of transaction speed and efficiency. In December 2024, Cardano achieved a groundbreaking milestone by surpassing the theoretical maximum for…
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Bank of America Adopts XRP for All Internal Transactions
In a recent segment on FOX Business shared on X, David Stryzewski, CEO of Sound Planning Group, made a bold claim that Bank of America (BoA) is conducting 100% of its internal transactions using XRP, the digital asset associated with Ripple Labs. He further stated that the bank has filed 83 patents leveraging Ripple’s blockchain…
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13.2 Million XRP Burned as XRP Ledger Activity Surges
In a compelling update on X, prominent blockchain enthusiast and influencer JackTheRippler shared an eye-opening revelation: over 13.2 million XRP, valued at over $30 million, has been burned since the inception of the XRP Ledger (XRPL). This milestone underscores the ever-growing activity on the XRPL, which has been reaching all-time highs in recent weeks. This…
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Stay Focused, Price is Just a Distraction, Says Former Binance CEO Changpeng Zhao
The crypto market was highly bullish in recent weeks with Bitcoin recently shattering its previous records, crossing the long-anticipated $100,000 threshold. Simultaneously, several alternative cryptocurrencies have seen their valuations skyrocket, with some achieving gains exceeding 200%. However, according to Changpeng “CZ” Zhao, Binance’s co-founder and former CEO, this surge in market performance may not be…
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Coinbase Kicks Off 2025 with a Pivotal Legal Victory: Details
In a pivotal moment for the cryptocurrency industry, Paul Grewal, Chief Legal Officer at Coinbase, has shared unredacted letters from the Federal Deposit Insurance Corporation (FDIC) that shed light on an apparent concerted effort to suppress cryptocurrency activities. This revelation, which follows a court-mandated release, highlights the extent of federal intervention in the crypto ecosystem…
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Beyond the Hype: BTC- Beta Test Coin, XRP- Final Solution?
In a presentation to the International Monetary Fund (IMF) and the Swiss National Bank, Ripple CEO Brad Garlinghouse outlined a bold vision for the future of digital assets and blockchain technology. He highlighted the inefficiencies in traditional financial systems and positioned Ripple’s XRP as a pivotal tool for fostering global liquidity and democratizing access to…
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BREAKING: Central Bank of Ireland (CBI) Officially Lists Ripple as a Virtual Asset Service Provider (VASP)
In a landmark development for the cryptocurrency ecosystem, the Central Bank of Ireland (CBI) has officially recognized Ripple, the blockchain company behind the XRP token. This recognition marks Ripple’s inclusion on the CBI’s list of registered Virtual Asset Service Providers (VASPs), a significant step that positions Ripple for expanded operations within Ireland and potentially across…