After years of testing, the XRP Ledger will finally launch its Ethereum Virtual Machine-compatible sidechain in the second quarter of 2025. Ripple Chief Technology Officer David Schwartz confirmed the timeline at the Apex 2025 event, a move that integrates Ethereum’s smart contract capabilities into the XRPL ecosystem. The development aims to expand XRP’s utility beyond […]
FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement. The new company would serve as an additional asset distribution channel, alongside BitGo and Kraken. Payoneer operates a global payments platform across more than 190 countries and territories. Under the agreement, Payoneer will help distribute funds
The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The
Ethereum Foundation releases first 1TS outlining roadmap to tackle security challenges Read More »
Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully
Guggenheim chooses Ripple’s XRPL for latest tokenized commercial paper issuance Read More »
Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that
Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals Read More »
Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG),
Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem Read More »
Bitcoin Core Github page announced yesterday that Core Developers have merged pull request #32406, removing support for “-datacarrier” argument for Bitcoin Core software in their next release, expected to be published in October. Pull request #32406 has been merged — Github This is the latest development regarding the initiative brought forth by Bitcoin Core developer
Bitcoin Core Devs to Remove “datacarrier” Limit Despite Criticism Read More »
In brief Waymo self-driving cars were vandalized and set ablaze during a protest against ICE raids in downtown Los Angeles. Waymo temporarily pulled its fleet from the area and is cooperating with authorities. Several Waymo autonomous taxis were vandalized and set on fire Sunday during a protest against the U.S. Immigration and Customs Enforcement raids
Self-Driving Waymo Cars Torched During ICE Protest in Los Angeles Read More »
In brief Sui’s leading decentralized exchange, Cetus Protocol, is back up and running following an exploit. Cetus used a loan from the Sui Foundation, recovered funds, and its cash reserves to rectify losses. The protocol is offering CETUS tokens to affected users as a compensation for liquidity losses. Cetus Protocol, the leading decentralized exchange on
Sui DeFi Exchange Cetus Back in Action After $233 Million Exploit Read More »
Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino. In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to
Tether to democratize Bitcoin mining with open-source software debut Read More »
