XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and compliance obligations.
Key Takeaways
Evernorth says XRP supports routing across XRP Ledger assets…
Ripple Prime added EDX liquidity to give institutional clients unified access to digital asset spot and perpetual futures markets. The integration combines trading, credit, net settlement, and collateral tools within Ripple Prime’s brokerage platform.
Key Takeaways
Ripple…
Coinbase Derivatives is bringing perpetual-style equity index futures to U.S. regulated markets on June 8, giving traders direct exposure to artificial intelligence (AI), Chinese equities, defense, and broad tech through four new thematic contracts.
Key Takeaways
Coinbase…
A three-week campaign is giving XRP holders a new way to put idle tokens to work while retaining cold-wallet security. The initiative removes the need to purchase separate gas tokens during deposits and includes a $40,000 reward pool tied to XRP and FLR incentives.
Key Takeaways
The campaign targets idle XRP holdings by giving users a direct way to move stored tokens into a yield vault.
Users can…
Italian investigators traced €1 million in undeclared crypto gains through a Bitcoin Ordinals trading operation after analyzing activity tied to a seized Ledger wallet. Chainalysis detailed how blockchain records and exchange data helped reconstruct the alleged trading…
Kalshi has launched a demo environment for leveraged trading via a margin trading API that appears to be hidden from public navigation, as first reported by Ingame, but the demo only covers crypto perpetual futures and not the event contracts that built the platform. With…
XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance.
Key Takeaways
J.P. Morgan’s Kinexys infrastructure interacted with the XRP Ledger during a coordinated institutional settlement workflow.
Ripple received U.S. dollar proceeds in Singapore outside normal…
Coinbase said blockchain intelligence helped United Kingdom investigators secure five convictions after monitoring systems flagged a customer under duress during a robbery. Investigators traced crypto and additional fiat funds across accounts.
Key Takeaways
Coinbase…
More cryptocurrency investors were harmed after a guilty plea, with prosecutors saying additional funds were solicited while the fraud case remained pending sentencing. The scheme raised more than $10 million and resulted in a nine-year prison sentence.
Key…
After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions tightened further the next day when the difficulty adjustment arrived, pushing mining difficulty 3.12% higher than the previous epoch.
Key Takeaways
Bitcoin difficulty hit 136.61T on May 15 as miner…
