Ledger is lowering its workforce by 12%, citing macro-headwinds and declining revenue. According to an update shared by CEO Pascal Gauthier, popular crypto custody solutions provider Ledger has lowered its workforce by 12%. The company cites macro-headwinds, declining revenue, and the prolonged crypto bear market as reasons for reducing its employee count. Ledger’s LinkedIn profile…
Emerging layer-1 blockchain XION has revealed it has inked a strategic partnership with Circle to integrate the USDC stablecoin in its ecosystem fully. XION, a new Ethereum challenger, revealed that it has bagged a strategic investment from Circle Ventures, the venture capital arm of the stablecoin issuer. While the funding is aimed at bootstrapping the XION ecosystem,…
SpendTheBits, a cryptocurrency wallet that taps the XRP Ledger for transactions, had its second application to XRPL Grants denied. Following the conclusion of the 6th Wave of XRPL Grants, cryptocurrency wallet provider SpendTheBits shared with its community that the XRPL Foundation denied its grant application. The latest development marks the second denial for the project,…
In a recent interview, Paul Zalai, the Director of Freight & Trade Alliance (FTA) Australia, shared some insights about his organization’s potential involvement with Ripple’s payment systems. La Chang, the CEO of TGL, a global logistic firm based in Australia, anchored the interview with the FTA director. Notably, Chang asked Zalai about FTA’s recent interaction…
The XRP community is building excitement about the potential integration of XRP with the financial behemoth SWIFT using a dated statement from a former employee of the payment processor. In a recent tweet, Edward Farina, Head of Social Adoption at XRP Healthcare (XRPH), unearthed an interview where Graham Bright, who worked with SWIFT for over…
The SEC asks a San Francisco federal court to order Elon Musk to comply with its ongoing investigation over his 2022 Twitter purchase. The XRP community has reacted to the lawsuit the United States Securities and Exchange Commission (SEC) filed against Elon Musk. SEC Sues Musk Yesterday, the SEC asked a federal court in San Francisco…
XRP could be on the verge of surging by as much as 58x from its current value, according to crypto analyst EGRAG, who drew parallels with a past performance from Ethereum (ETH). #XRP 58X? Nahhhhhhhhhhhh, you’re Delusional: Allow me to share some insight: In the previous cycle, #ETH achieved a 58X growth despite the controversies…
Shiba Inu (SHIB) is exhibiting a bullish consolidation in the market, with SHIB KNIGHT identifying a defined support line for the altcoin, which may benefit all traders tracking its price. According to SHIB KNIGHT, Shiba Inu has been retesting a crucial support level at the $0.00000721 price threshold. Per the chart he shared, the token has…
Shiba Inu (SHIB) could make $1 million out of $722 invested in the asset today if it ever captures the much-coveted $0.01 price target set by several analysts. SHIB has continued to face significant declines amid the persistent market downturn. These declines have prevailed despite recent ecosystem developments around the Shiba Inu project, such as Shibarium and Shibacals. Nonetheless, the…
A new whale has accumulated over 4.5 trillion Shiba Inu tokens in a single massive transaction at $0.000007227 per SHIB, according to whale-tracking resource Whale Alert. While these whale transactions or transfers are not uncommon in the Shiba Inu ecosystem, the timing of this particular funds movement has fueled new speculations about the likely purpose…