Binance Introduces XRP to Binance Chain and Binance DEX
Binance decided to re-create XRP on its own blockchain – Binance Chain, and pegged it to several cryptocurrency pairs on Binance DEX.
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Binance decided to re-create XRP on its own blockchain – Binance Chain, and pegged it to several cryptocurrency pairs on Binance DEX.
The Internet of Value (IoV) vision has driven Ripple to establishing initiatives like Xpring, designed to become a global network for developers. Now the company announced the opening of the platform.
One of the biggest blockchain payments provider BitPay, recently announced that they are going to add support for XRP later this year. The support for the third-largest cryptocurrency by market capitalization will most likely happen at the end of the year.
Ripple Labs Inc has made a little-known but significant acquisition – Iceland-based of Algrim, which is a cryptocurrency trading firm with small but mighty talent pool.
Today, on September 24, crypto exchange giant Binance has announced the launch of its arm in the U.S. market. Binance.US is finally opened.
Ripple has recently moved to court making strong counter-allegations on one of the plaintiffs claiming XRP is a security. The company has filed a motion to dismiss the plaintiff’s claims.
Japan’s messaging app LINE has launched a crypto trading platform Bitmax. Initially, it will allow users to trade five types of cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.
The price of XRP has surged with 16% in the past 24 hours with commentators believing that the gains come as a result of a response to reports a looming fork of the token.
The altcoin markets just woke up suddenly with Ethereum and XRP leading the way adding 7% and 16% correspondingly. Despite Bitcoin price makes no major movements, this may mean that the market is starting to mature.
The U.S. arm of Binance is set to open today at 8 AM (EST). Binance US will however not be available to about 13 states in the U.S., will be free and will only list a few assets including BTC, ETH, and XRP in this initial phase.
If things go according to plan, Bitcoin.com would soon launch the first Bitcoin Cash derivative in the form of futures contracts. The company is looking to launch this with a CFTC-approved exchange.
The community is worried about potential negative changes in XRP price after 100 million XRP was sent to Jeb McCaleb, one of the company’s co-founders, from Ripple Lab’s wallet address.
While Bitcoin price makes a comeback, XRP community investors warn Ripple overselling the XRP tokens as part of the company’s investments.
XRP is not a security as explained by the CEO and founder of Ripple, Brad Garlinghouse, who also said that the quarterly XRP sales that Ripple makes are meant to expand the token’s utility.
A1 will be accepting seven different digital currencies as payments against its mobile services. During the pilot test, A1 will accept crypto payments to a few selected stores in Austria.