{"id":28717,"date":"2022-05-31T10:31:07","date_gmt":"2022-05-31T14:31:07","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=28717"},"modified":"2024-07-28T07:37:33","modified_gmt":"2024-07-28T11:37:33","slug":"apex-teams-up-with-ripple-xrpl-avalanche-bridge-to-go-live-in-august","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/apex-teams-up-with-ripple-xrpl-avalanche-bridge-to-go-live-in-august\/","title":{"rendered":"Apex Teams Up With Ripple, XRPL-Avalanche Bridge to Go Live in August"},"content":{"rendered":"\n<p><a href=\"https:\/\/coinscreed.com\/staging\/polygen-raises-2-3-million-for-a-truly-decentralized-launchpad.html\">Apex Foundation<\/a> has teamed up with Ripple to transport XRP to Avalanche via an ApexBridge which will go live in August<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-1024x576.png\" alt=\"Apex Teams Up With Ripple, XRPL-Avalanche Bridge to Go Live in August \" class=\"wp-image-28733\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-1024x576.png 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-300x169.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-768x432.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-150x84.png 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-750x422.png 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259-1140x642.png 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259.png 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Apex Teams Up With Ripple, XRPL-Avalanche Bridge to Go Live in August<\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\"><ul><li><a href=\"#h-ripple-partners-with-apex-foundation\" >Ripple Partners With Apex Foundation <\/a><\/li><li><a href=\"#h-xrp-ledger-reaches-historic-milestone\" >XRP Ledger Reaches Historic Milestone<\/a><\/li><\/nav><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ripple-partners-with-apex-foundation\">Ripple Partners With Apex Foundation <\/h2>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/ripple-eyes-initial-public-offering-ipo-than-replacing-swift.html\">Ripple<\/a> has cooperated with a variety of institutions, including certain central banks, since its inception in 2012 to make cross-border transactions cheaper, faster, and easier.<\/p>\n\n\n\n<p>This time, the business is teaming up with the Apex Foundation to transport XRP to <a href=\"https:\/\/coinscreed.com\/staging\/top-5-avalanche-nft-marketplaces.html\">Avalanche<\/a> via an ApexBridge that will be built by Apex and will be completely insured.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/twitter.com\/ApexFoundation_\/status\/1531595071207878659?s=20&#038;t=aAPkjHlMP3mc0U_rp6qmLg\n<\/div><\/figure>\n\n\n\n<p>Apex's primary function will be to ease the transfer of XRP from Ripple's XRPL to Avalanche, as well as numerous other Ethereum Virtual Machine-based networks (EVM). Before being deployed, the bridge will be subjected to audits and penetration tests to guarantee that it functions properly. <\/p>\n\n\n\n<p>Other DEXs will be supported via API access kits, allowing interaction with <a href=\"https:\/\/coinscreed.com\/staging\/tron-becomes-the-third-largest-defi-blockchain.html\">DeFi <\/a>protocols. ApexBridge should be operational by the end of August 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-xrp-ledger-reaches-historic-milestone\">XRP Ledger Reaches Historic Milestone<\/h2>\n\n\n\n<p>The XRP Ledger has reached a historic milestone, according to XRPScan, as it has successfully closed the 72 millionth ledger. Micropayments, NFTs, DeFi, <a href=\"https:\/\/coinscreed.com\/staging\/central-bank-digital-currencies-cbdcs.html\">CBDCs<\/a>, and other use cases are all covered by the XRP Ledger decentralized public blockchain.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">A few hours ago, the XRP Ledger successfully closed 72 Millionth ledger. A big thank you to everyone supporting and running the network: <a href=\"https:\/\/t.co\/rNYF9HJKht\" target=\"_blank\">https:\/\/t.co\/rNYF9HJKht<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> <a href=\"https:\/\/t.co\/eGz89gczXA\" target=\"_blank\">pic.twitter.com\/eGz89gczXA<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/p>&mdash; XRPScan (@xrpscan) <a href=\"https:\/\/twitter.com\/xrpscan\/status\/1531366759928066048?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 30, 2022<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p>Over 150 validators, owned by institutions, exchanges, businesses, and individuals, are currently operating on the ledger. XRPL employs a consensus protocol that assures that when the validator pool expands, the blockchain becomes more decentralized.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apex Foundation has teamed up with Ripple to transport XRP to Avalanche via an ApexBridge which will go live in August Ripple Partners With Apex Foundation Ripple has cooperated with a variety of institutions, including certain central banks, since its inception in 2012 to make cross-border transactions cheaper, faster, and easier. This time, the business [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":28733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[10362,5490,5607],"class_list":["post-28717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripples-news","tag-apex-foundation","tag-ripple-2","tag-xrp-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-259.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=28717"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/28717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/28733"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=28717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=28717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=28717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}