Squid, a cross-chain infrastructure platform, raised $6 million in a strategic funding round led by North Island Ventures, with Ripple and others participating. Since its launch in January 2023, Squid has processed over $6 billion in transactions across multiple blockchains, simplifying asset transfers between networks like Bitcoin, Ethereum, Solana, Cosmos, and XRP Ledger. The new funds will support the development of consumer-facing products to make crypto asset movement easier. Ripple's investment aligns with its ongoing infrastructure support for the XRP Ledger, where Squid acts as an official bridge partner and validator operator. Squid plans to reveal more about its consumer roadmap soon.
XRP has consolidated for three days between key Fibonacci levels after a 9% price breakout, indicating healthy price digestion rather than reversal. ETF inflows resumed, led by Franklin's XRPZ fund, pushing net investments to $1.44 billion and signal...
RippleX is modernizing the XRP Ledger to address emerging challenges from quantum computing and artificial intelligence. The upgrade includes hybrid cryptographic protections to defend against quantum attacks expected by 2029 and introduces AI integr...
XRP is testing a critical $1.19 support level ahead of the new Federal Reserve chair Kevin Warsh's debut, which will influence its short-term direction. Shiba Inu (SHIB) faces a pivotal 45-day period historically linked to price reversals, with poten...
Bitcoin fell 1.28% to $65,545.74 while Ethereum rose 1.02% to $1,788.32 amid cooling trading volumes in spot, derivatives, and stablecoins. Most large-cap altcoins declined, and total crypto market cap stood near $2.25 trillion with reduced trading a...
The XRP Ledger has released version 3.2.0, a maintenance update that renames the core server software from rippled to xrpld, signaling a clearer network identity. The update includes fixes for Single Asset Vaults, Lending Protocol, permissioned DEX, ...
