Kraken DeFi Earn users now benefit from Firelight's XRP-backed protection on the Protected Strategies USDC vault, covering eligible losses up to $100,000 per address. Firelight operates on Flare Network using staked FXRP capital to provide decentralized coverage against smart contract failures, oracle issues, and stablecoin depegs, though market losses and user errors are excluded. This integration enhances XRP's role in DeFi by linking its capital to loss protection rather than just yield generation, with coverage costs deducted from vault yields. The program's terms are reviewed monthly, and payouts depend on the available collateral pool and risk assessments by an independent consortium.
Kraken's new XRP-backed DeFi protection program is the subject, with a $100,000 payout limit per address. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 17, 2026 19:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include SAND at Rp1.102 with an 11.48% increase, BAL at Rp16.297 up 11.14%, and ZIL at Rp42 down 12.99%.
Arcutis Biotherapeutics awarded 58,500 restricted stock units and options for 17,000 shares to six new employees as an inducement to join the company. The grants, approved under Nasdaq Listing Rule 5635(c)(4), vest over four years with specific sched...
The music duo for KING + COUNTRY released the Drummer Boy (Original Motion Picture Soundtrack) to coincide with the nationwide launch of their Christmas film DRUMMER BOY. The soundtrack features original songs by Joel and Luke Smallbone, reimagined C...
HMG Strategy is holding its first Tennessee C-Level Technology Leadership Summit on November 13 at W Nashville, bringing together CIOs, CISOs, CTOs, and senior tech executives from across Tennessee and the Mid-South. The summit will focus on AI, cybe...
The Ultra (UOS) cryptocurrency token fell 5.75% over the past 24 hours, trading at $0.001036 as of Nov. 6. Its price fluctuated between $0.000962 and $0.002459 during this period, with a 24-hour trading volume of about $48,905. The token also saw a 1...
Avalon Holdings Corporation reported a net income of $2.7 million for Q3 2026, up from $1.9 million in Q3 2025, despite a slight decrease in net operating revenues to $24.3 million from $25.7 million. Earnings per share also increased to $0.69 from $...
