Squid, a cross-chain routing platform, secured $6 million in a strategic funding round led by North Island Ventures with Ripple as a key participant, bringing total funding to $13.5 million. The platform has routed over $6 billion in volume across 100+ blockchains and serves more than 1 million users. The new funds will support consumer product development and introduce transaction fees as a revenue stream, marking a shift from free routing. Ripple's involvement aligns with its goal to enhance interoperability, as Squid supports the XRP Ledger among other major blockchains. Security remains a critical focus given the risks associated with cross-chain platforms.
Hyperliquid's HYPE token has seen a rapid price surge driven by a deflationary model and strong inflows, setting a high benchmark in the 2026 crypto market. In contrast, XRP remains stable around $1.35, facing heavy technical resistance and a large t...
The cryptocurrency market experienced a broad decline with Bitcoin down 2.4% and Ethereum down 3.6%, alongside losses in major altcoins. Trading volumes for both spot and derivatives fell significantly, indicating reduced risk appetite and lower leve...
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 acr...
Ripple joined a $6 million funding round led by North Island Ventures to support Squid's expansion of its cross-chain consumer platform. Squid, which has processed over $6 billion in transactions since January 2023, aims to simplify asset transfers a...
A market analyst labeled XRP as one of the biggest alleged scams in crypto, criticizing its $83 billion valuation and accusing Ripple of inflating its price through industry influence and celebrity endorsements. Despite these claims, XRP's network ac...
