Ripple CTO Clarifies Recent XRPL AMM Challenge: Insights and Solutions Unveiled!
Ripple's CTO addresses AMM issues on XRPL, highlighting ongoing solutions. Proposal for a Canary Network emphasizes testing importance for blockchain upgrades.
![image Xu Lin](https://image.coinlive.com/24x24/cryptotwits-static/2c1d66efc5e3aabc423bd058f2ae985d.png)
Ripple's CTO addresses AMM issues on XRPL, highlighting ongoing solutions. Proposal for a Canary Network emphasizes testing importance for blockchain upgrades.
XRPL's XLS-30 AMM amendment, backed by Ripple and achieving 85.71% consensus, empowers XRP holders for passive income as liquidity providers. Implementation set for February 14 is a milestone for the XRPL community.
Since 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
Binance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
Binance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
The cryptocurrency lending platform Babel Finance finally reached a debt agreement with counterparties. Before now, the firm had experienced some ...
Nirvana Finance is a dual-token algorithmic stablecoin architecture protocol built on Solana, including metastable Token: ANA and stablecoin Token: NIRV.