Blockchain and Fintech

Bitrue is a crypto platform created by a group of blockchain enthusiasts to enable users to trade, invest, stake, borrow, and purchase cryptocurrencies. It has one of the most advanced crypto trading platforms which focuses on speed and security. Lately, to keep the depositor’s funds secure, they launched a Bitrue Insurance wallet, the details of … Read more

While the Security Exchange Commission (SEC) is still deciding the fate of the Bitcoin Spot ETF fund, the market has already started rumoring about XRP ETF. Big investment houses like JP Morgan, Grayscale, Blackrock, ARK Investment, etc, are actively engaged with SEC and Commissioner Gary Gensler to get approval for launching spot Bitcoin ETF for … Read more

Chris Larsen is currently the Co-founder and Executive Chairman of Ripple Labs. He overtook Ripple Labs (previously known as Open Coin) from Ryan Fugger in 2012. Ripple Labs’ prime business is facilitating cross-border payments using a blockchain technology and XRP. Chris Larsen has also been a co-founder of the famous E-Loan Website and Prosper Marketplace, … Read more

On December 14, 2023, a security incident was reported where one of the affected companies, named Revoke.Cash reported that after connecting the Ledger wallet with the third-party dapps, using the ledger connect kit, the digital assets held in the ledger wallet started draining. Multiple parties were affected because of this security incident. On 20th December … Read more

Ripple bags, yet another regulatory success. After the recent regularity clarity by the Virtual Asset Regulatory Authority (VARA) in Dubai, Ireland’s Central Bank designates, Ripple as a registered Virtual Asset Service Provider (VASP). This success will help Ripple offer its products and services in Ireland. Is MICA Still Required When Ripple is Already Designated as … Read more

XRP is a cryptocurrency token created by Ripple Labs. It operates on the XRP ledger and helps facilitate transactions on the ledger. It is famously known as the ‘Banker’s Coin’ because of its famous use case i.e. Cross Border Transactions. The XRP community and the experts believe that the XRP price needs to be quite … Read more

Escrow is a third party/organization that receives and holds funds on behalf of the first party and releases them at agreed intervals, with pre-agreed amounts. Instead of going for an external third-party escrow organization, Ripple chose to program escrow on the XRP ledger with the help of a smart contract. The XRP Escrow holds XRPs … Read more

Ripple’s On Demand Liquidity, also known as ODL is an innovative solution to streamline and reduce the cost and time required to execute and complete a cross-border payment in real time. ODL makes use of XRP, Ripple’s cryptocurrency, as a bridge currency for converting the sender’s fiat currency into the receiver’s fiat currency. ODL was … Read more

As per the IMF’s initiative, countries across the world are developing Central Bank Digital Currency (CDBC) on a blockchain network. While a lot of countries are leading the race and have launched the retail version of CBDC for the public. Whereas a few countries are still in the research phase. India is one of the … Read more