Due to the continuing technical issue, RippleX has recommended its users no longer deposit funds into the affected AMM pools. RippleX, the development division of Ripple, revealed a technical issue affecting Automated Market Maker (AMM) pools on the XRP Ledger. This glitch disrupts transactions and pools, prompting the management to update users about fund deposits....Continue Reading

The decision to release Kwon reportedly came from the Council of the Supreme Court, which is set to review a decision that could grant or deny extradition to his native South Korea. South Korean crypto fugitive Do Kwon has been released from prison in Montenegro as the Supreme Court deliberates on extradition requests from the...Continue Reading

Learn how Bitcoin halving impacts the crypto ecosystem far beyond its blockchain, shaping the future of cross-chain interoperability. The Bitcoin protocol reduces the supply of new Bitcoin by 50% via the quadrennial Bitcoin halving. This translates into a 50% reduction in revenue (in BTC terms) for Bitcoin miners and poses indirect implications for cross-chain interoperability. ...Continue Reading

Ray Youssef remains optimistic about Nigeria’s chance of maintaining its position in the crypto ecosystem despite recent regulation challenges. Venture capitalists still see potential in Nigeria despite the suggested increased crypto registration fees. However, the services they can provide may struggle to gain momentum due to government restrictions on peer-to-peer (P2P) platforms aimed at curbing...Continue Reading

The crypto community has been pondering on social media about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue. Ethereum scaling protocol Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer. In a post...Continue Reading

The United Kingdom police reportedly stated that the seizure was the “largest of its kind” in the nation’s history, with a sentencing date set for May. A hospitality worker has reportedly been found guilty of money laundering in a United Kingdom specialized court for major fraud cases, following the discovery of $2.5 billion worth of...Continue Reading