https://t.me/Cronos_Cardano_Ripple

2022-05-20 17:56:02 Ripple Taps Lithuania’s FINCI to Expand ODL-Based International Payments

Ripple has announced a partnership with Lithuania’s FINCI to provide retail remittances and B2B payments through RippleNet’s On-Demand Liquidity (ODL). Thanks to this partnership, FINCI’s customers can make seamless payments between Europe and Mexico, a PR from Ripple said.

FINCI is an online cross-border money transfer provider, while RippleNet’s ODL provides crypto-enabled international payments. ODL taps into global crypto liquidity to give customers enterprise-grade solutions in cross-border payments. Ripple is the market leader in crypto-powered cross-border payments.For the blockchain-focused company, FINCI is the first customer in Lithuania, and it brings the opportunity to explore the market further. Lithuania is seen as one of the most crypto-friendly nations in Europe. It’s also the first in the region to come up with its CBDC.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-19 14:43:02 Ripple Vs SEC: SEC To Respond Ripple Defendants’ On May 18th

The court previously dismissed the Ripple defendants’ (Brad Garlinghouse and Chris Larsen) petition to strike the Metz report, reopening discovery until May 13 to re-depose Dr. Metz in the Ripple v. SEC case. The SEC, on the other hand, was ordered to pay “reasonable fees” for filing the motion and deposing Metz again.

Dr. Albert Metz, a securities and finance expert, originally filed his paper on Oct. 4 explaining an event analysis undertaken to examine if Ripple might manipulate the price of the XRP currency with its announcements. He came to the conclusion that “certain news and public utterances” influenced the token’s performance.Ripple responded to the SEC’s assertions that the Hinman documents were covered by attorney-client privilege with a six-page statement over the weekend.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-18 17:18:02 Dear XRP Crypto Fans, Mark Your Calendars for May 18

It’s been a rather bumpy ride lately for the world’s sixth-largest cryptocurrency by market capitalization, Ripple (XRP-USD). Indeed, the crypto has fluctuated wildly over the past week, surging to more than 53 cents and below 35 cents.Much of this volatility has to do with the ongoing lawsuit between the SEC and XRP’s parent company Ripple.

However, as the saga continues on and more proceedings take place, investors are rightly pricing more uncertainty into this token’s valuation. Last week, investors in the XRP crypto saw a bout of downside selling pressure brought on by Friday’s testimony from Ripple regarding documents from former SEC official William Hinman. The SEC is alleging these documents are protected by attorney-client privilege.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-17 17:59:02 Cardano [ADA]: Vasil’s date is set and investors should know that

In the early hours of 14 May, Cardano founder Charles Hoskinson informed the community that the Vasil Hard Fork is on schedule. It would be implemented by 29 June, he said.With the Vasil Hard Fork, significant updates will be deployed on the Cardano blockchain and its smart contract platform, Plutus.

Speaking about the Vasil Hard Fork in its Mid-month Development Update, IOHK noted that it is preparing for a closed public testing phase for the Vasil Hard Fork network. It was further revealed that the testing will also be in collaboration with Dapps to test their applications on the network’s testnet and mainnet.IOHK also stated that after this phase, access will then be given to exchanges to test all integrations necessary to run the Cardano blockchain. By the end of May 2022, it should be in a position to hard fork Cardano testing.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-15 11:27:02 Ripple files a response to SEC’s ‘Client Privilege’ claims

The ever-lasting lawsuit between the fintech firm, Ripple and U.S. regulatory watchdog continues to take different turns. One of the most elaborate tussles has been regarding William Hinman’s 2018 speech. A talk about crypto securities was delivered by the SEC’s former Director of the Division of Corporation Finance.

On 13 May, Ripple Defendants filed a response to SEC Attorney and Securities and Exchange Commission’s 29 April 2022 assertion. As per the assertion, the SEC refused to produce at the court or Defendant, citing deliberative process privilege [DPP] and attorney-client privilege.James Filan, a famed attorney highlighted this development in the aforementioned tweet. Defendant insisted that the SEC should be compelled to surrender the documents. Later addressed key reasons in the said filing.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-14 13:23:02 Cardano [ADA] holders should know this as they continue wrestling a ‘cold ice bath’

It might be Friday the 13th, but the real scare for many bulls probably came a day earlier, when Bitcoin dropped below $27,000. However, as Bitcoin hit $30k again and the top ten cryptos by market cap fell into formation, here’s how the seventh biggest asset was doing.

At press time, Cardano [ADA] was changing hands at $0.5809 after bouncing up by 42.80% in a day. That brings the coin up to a loss of value of 26.65% in the past week.So prices are recovering, but how is the community doing after all the whiplash? Unfortunately, it looks like development activity is still down, as has been the case since an earlier price drop last week.In fact, it seems as if Cardano’s development activity is still strongly linked to ADA’s price performance. This means that ADA’s comparably slow rally rates could chase off developers who want to see profits.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-13 16:43:02 Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra

Cardano founder Charles Hoskinson said that ADA’s $723 million treasury is decentralized.Hoskinson, who is also an Ethereum co-founder, said this in response to a tweet made by dcSpark founder Sebastian Guillemot about the Cardano treasury.

According to Guillemot, Cardano’s massive treasury allows projects like his to build on the blockchain network without any interruption. “In fact, we have two large tooling announcements in the next 1~2 weeks,” he added.Cardano has seen significant developments in the past couple of months as more projects are building on it. Guillemot’s revelation shows that the treasury might have been assisting in funding these projects.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-12 10:24:02 Cardano's Hoskinson Claps Back at Terra's Kwon Over 'Negative Correlation' Tweet

Cardano founder Charles Hoskinson took a swipe at Terra founder Do Kwon as the price of Terra’s Terra (LUNA) token crashed to $24 and the TerraUSD (UST) stablecoin depegged to $0.70 yesterday, before recovering."Should I buy some Luna for negative correlation?" Hoskinson tweeted.

Hoskinson quoted an earlier tweet from Do Kwon, who said: "We may buy $ADA for negative correlation."LUNA and UST are the native cryptocurrencies of the Terra network. As of this writing, LUNA is down 40.43% to $31.18 in the last 24 hours, according to CoinMarketCap.com. In contrast, ADA, the cryptocurrency of the Cardano network, is up 3.97% to $.67 in the last 24 hours.As broader financial markets have declined recently, so too have major cryptocurrencies.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-11 10:19:02 Cardano adds over 70 smart contracts a week as more developers onboard the blockchain

After a major upgrade in September 2021, the Cardano (ADA) blockchain ecosystem has continued its tremendous growth – in terms of new features and updates, as well as buyer interest, but especially in the number of smart contracts added to the decentralized network.

Indeed, according to data acquired by Finbold, Plutus (a Cardano-based smart contracts platform) has recorded dramatic growth between April 8 and May 8. In this period the largest Proof-of-Stake (PoS) blockchain added 283 new smart contracts, going from 2,400 on April 8 to 2,683 on May 8.In other words, this means that Cardano had been adding an average of more than 70 new smart contracts every week between the two dates, as the data from Cardano Blockchain Insights shows.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment

2022-05-10 12:43:02 Cardano Reports Massive Spike in Number of Plutus Scripts on Network

Cardano Insights Twitter account reported a rising number of Plutus Scripts since April 8, showing active development on the network despite unpleasant market conditions.

Plutus Scripts are the smart contracts of the Cardano network, and the increasing number of contracts on the network is a straight indicator of development activity in contrast to TVL or the capitalization of Cardano.According to DefiLIama, the total value of funds locked in various decentralized platforms and smart contracts on Cardano has decreased drastically from more than $300 million at the end of March to less than $200 million at press time.

Source

https://t.me/Cronos_Cardano_Ripple Open / Comment