XRP Startup Firelight Raises $8 Million
@Firelight has raised $8 million to enhance DeFi security, allowing holders of $XRP, $BTC, and $XLM to earn yield while recovering losses from hacks. #Update #Crypto $XRP
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Ripple and Coincheck Launch Digital Asset Custody
@Ripple partners with @SettleMint to enhance digital asset custody for financial institutions in Asia-Pacific, amid rising crypto activity. @Coincheck Group teams up with DFNS for wallet technology in Japan. #Update #Crypto $XRP
Solana Team Moves $26.65M Pre-Token Unlock
Trump-linked wallets moved $26.65M in $SOL ahead of a September 18 TRUMP token unlock, with the token trading at $2.41, down 96% from its peak. #Update #Crypto $SOL
Ripple Launches Partnership to Accelerate Tokenization
@Ripple and @SettleMint have partnered to streamline custody and management of tokenized assets for traditional finance, enhancing adoption in Asia Pacific. $XRP trades at $1.38, up 1%. #Update #Crypto $XRP
XRP Futures Soar as CME Tops Binance
CME Group has surpassed Binance to become the largest platform for XRP futures open interest, driven by increased institutional demand and inflows into spot XRP ETFs. $XRP #Update #Crypto
XRP ETFs Inflows Surge to $1.6B
Spot XRP ETFs saw $26.2M inflows on Aug. 28, despite a 2.7% price drop, totaling $1.6B since launch, with Goldman Sachs leading holders. #Update #Crypto $XRP
Solana Cuts Block Times for Sub-Second Speed
@Solana’s mainnet successfully reduced block production times from 400ms to 350ms, achieving a slot-weighted mean of 365.4ms in epoch 1021 with only 331 skipped slots. #Update #Crypto $SOL
XRP Defense Triples After Central Node Cut
A new study indicates that adding two to three peer connections per XRP Ledger node can significantly enhance network resilience, raising attack thresholds from 12% to 33% under certain conditions. #Update #Crypto $XRP
Solana ETF Surges to $1B AUM
Bitwise’s Solana ETF, $BSOL, surpasses $1B AUM in 10 months as $SOL jumps 46% in August amid institutional inflows. #Update #Crypto $SOL
Cronos Restarts After Tectonic Exploit Recovery
Cronos resumed operations after a Tectonic-related exploit led to a rollback, restoring the chain state to block time 23:49:01 UTC; loss estimates remain unconfirmed. #Update #Crypto $CRO
XRP ETF Surges to $500M Assets
Bitwise’s XRP ETF surpasses $500M in assets nine months post-launch, holding nearly 364.8M XRP. The fund offers indirect exposure to $XRP for brokerage-account investors. #Update #Crypto $XRP
Bitcoin ETF Rebounds $217M as Altcoins Surge
$BTC saw a $217M ETF rebound, while $ETH ETFs extended inflows to 11 sessions; $XRP and $SOL funds recorded 10 consecutive positive sessions. #Update #Crypto $BTC
Monero Surges 15% Leading Weekly Crypto Gains
$VET surged 23.83% this week, leading the top 100 cryptocurrencies, followed by $XMR at 23.64% and $UNI at 19.31%. Market consolidation follows an August rally. #Update #Crypto $VET
Cronos Halts Blockchain After $75M Exploit
@Tectonic’s TONIC token surged 100-fold before an attacker borrowed real assets, leaving $75 million stranded when Cronos paused the network. #Breaking #Crypto $CRO