Band Protocol to Integrate with XRP Ledger as Primary Oracle Provider
Band Protocol, a leading data oracle platform, has announced its plans to integrate with the XRP Ledger (XRPL) network, positioning itself as the primary oracle provider for the XRPL mainnet and its Ethereum Virtual Machine (EVM) sidechain. This collaboration marks a transformative moment in the evolution of XRPL, bringing enhanced data reliability and a robust […]
Flare Network Unveils FAssets, Eyes $800B Crypto Market Boost
Flare Network’s FAssets solution opens up $800 billion in digital assets by integrating XRP, Bitcoin, and Dogecoin with DeFi. In order to incorporate non-smart contract digital assets like XRP, Bitcoin, and Dogecoin into the world of decentralized applications (DApps), The Flare Network has announced the debut of its FAssets system. With this action, an estimated […]
Flare Labs Tests FAssets System to Unlock Legacy Tokens for DeFi
Flare Labs, a blockchain research and development company, has announced the testing of its FAssets system on the Coston testnet. The FAssets system aims to integrate traditional, non-smart contract tokens, such as BTC, XRP, and DOGE, into the Flare network, enabling their use in decentralized finance (DeFi) and smart contracts. At the core of this […]
Cosmos Community Approves Capping Atom Inflation Rate at 10%
The Cosmos Hub governing committee has approved a plan to lower the maximum inflation rate of Cosmos (ATOM $9.56), the company’s native token, from 14% to 10%. The approved change, as proposed, would cause ATOM’s annualized staking yield to drop from about 19% to about 13.4%. Within the Cosmos network, a network of connected blockchains, […]
Indexed DAO Prevents Security Threats, Plans Victim Compensation
Overcoming hostile takeover efforts, Indexed Finance protects $120,000 in assets and becomes more potent in DeFi governance. Two hostile takeover attempts against Indexed Finance’s Decentralized Autonomous Organization (DAO) have been successfully thwarted. This blockchain-based company, the target of a huge $16 million hack in 2021, has been threatened by attackers who want to take control […]