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Crypto

Unfilled \'1XRP=1BTC\' order renews focus on early XRPL anecdote

An early XRP Ledger anecdote has resurfaced around a sell order offering 1 XRP for 1 bitcoin that was placed on XRPL’s built-in decentralised exchange on Jan. 1, 2014, and never filled. Evernorth reintroduced the story on X, linking it to a wallet named FuzzyBear. The order remains on-chain and later inspired community projects and the meme token FUZZ, the report said.

Crypto

Former Ripple CTO says XRP rebound hinges on wider financial adoption of XRPL

Former Ripple Chief Technology Officer David Schwartz said XRP demand and value are likely to rise if the XRP Ledger (XRPL) gains wider use in financial services. He said it was unlikely XRPL could be highly successful in financial applications while XRP lacked strong demand, unless one dominant settlement asset emerged. Participants also discussed the fee-burn mechanism, saying it was designed to prevent spam and had limited direct impact on price.

Crypto

Aerodrome, Velodrome merge and relaunch as \'Aero\' across seven networks

Decentralised exchanges Aerodrome and Velodrome have merged and relaunched as a new exchange, Aero, across seven blockchain networks, The Block reported. Aero is offered as an onchain spot exchange on Ethereum mainnet, Base, Robinhood Chain, Ink, OP mainnet, Arc and Arbitrum. Aerodrome accounted for 58 percent of Base DEX trading volume in the third quarter, while Velodome took 60 percent on OP mainnet. Their combined networks see about $120 billion in monthly DEX trading.