The XRP Ledger's latest update, version 3.3.0, introduces a proposed 'Confidential Transfers' feature allowing institutions to encrypt token balances and transfer amounts for certain tokenized assets while keeping accounts and token types visible. This upgrade targets the growing market of tokenized real-world assets on XRPL, which currently holds about $1.38 billion, including $530 million outside the largest issuer RLUSD. The feature aims to enhance privacy for institutional users by hiding transaction amounts but still verifying their validity cryptographically. The amendment and five other institutional-focused changes require at least 80% validator support for two weeks before activation, with adoption by major issuers like Aviva and Ondo yet to be seen.
BNP Paribas is leveraging SWIFT's new shared ledger, which supports 24/7 cross-border payments and tokenised deposits, to enhance global settlement options. The bank uses Metaco's digital asset custody and tokenization platform, a company acquired by...
XRP fell 3.03% to $1.31 on October 17, dropping below its 100-day EMA of $1.3389 and 200-day EMA of $1.3780. The cryptocurrency failed to hold above the 100-day EMA, which was a condition for reaching the $1.38 target set for October. Support levels ...
Bitcoin traded near $81,500 on October 17 after a brief rebound toward $83,000 faded, reflecting a slight downturn in the crypto market which fell by 1% over 24 hours. Bitcoin's market cap stood at $1.63 trillion, making up less than 60% of the total...
In South Korea's crypto market, Stacks (STX) topped the domestic attention index with an 84.2 score and 1.19% of domestic trading volume. Worldcoin (WLD) recorded the largest disparity between domestic and global trading shares, with its domestic sha...
Prediction markets indicate varying probabilities for major cryptocurrencies reaching price milestones by year-end. Bitcoin's chance of hitting $100,000 is 24%, slightly down from the previous day, with a 7% chance of reaching $120,000. Ether's proba...
