DEXs, MinSwap and MuesliSwap, currently have $30 million and $6.5 million worth of liquidity locked in them respectively On Thursday, COTI Network, the issuer of the Cardano-backed stablecoin Djed announced its upcoming listing on major DEXs MinSwap and Muesliswap. COTI also added that Shen, its reserve coin, would be on that listing. MuesliSwap to List DJED and SHEN On Thursday afternoon, COTI retweeted the MuesliSwap announcement that revealed the exchange’s plan to list $Djed and $Shen in the coming…
XRPL
Ripple Reacts to Research Revealing Empty XRP Transactions
A research paper was published on the website of Cornell University claiming that just 2 percent of all XRP transactions resulted in value transfers. The researchers noted that the majority of transactions on the XRP Ledger had zero value (that is, empty), which is a cryptocurrency version of spam. A software engineer and PhD student at Imperial College London was in charge of the published research which revealed the predominant spam on EOS and Tezos network traffic. Ripple responded to the research paper but…
3 years ago 409 views
FinNexus Announces Leverage of XRP Ledger for Token Issuance
Recently, FinNexus announced the use of the XRP ledger in a blog post. The development is a new milestone for XRPL. FinNexus is an open finance space that came up with a roadmap this year. The finance hub intends to use the XRP ledger for asset tokenization in protocol development. As in the roadmap, the finance hub noted the possibility of turning to some networks for creating a PCAP with the capability of connecting various digital currencies that include Ripple…
3 years ago 724 views