Search results for Filecoin
Crypto
Crypto liquidations surge as oil, yields jump; XRP, Ethereum, Solana stumble
The cryptocurrency market logged large-scale liquidations as macroeconomic jitters and risk-off sentiment weighed on prices. About $369.67 million in derivatives positions were forcibly liquidated in a day, pushing bitcoin and major altcoins lower. The slide centred on XRP, Ethereum and Solana as total market value fell to around $2.59 trillion to $2.70 trillion. Long positions accounted for most liquidations, while spot ETF flows showed net outflows for bitcoin and inflows for some other tokens.
Crypto
XRP rally tops top 100 cryptocurrencies by gains
XRP surged as much as about 24 percent on Aug. 20, the biggest gain among the top 100 cryptocurrencies by market value. It climbed to about $1.26 and was up about 31 percent over seven days. XRP’s rise outpaced other major altcoins. With a market value of about $79.15 billion, it ranked fifth among cryptocurrencies, with about $6.34 billion in 24-hour trading volume.
Crypto
XRPL proposal to expand memo field capacity 1,200-fold draws criticism from ex-Ripple executive
A technical dispute has emerged in the XRP Ledger community over a proposal to expand the transaction memo field from 1KB to about 1.3MB, enabling users to store large data such as images, PDFs, music, videos and source code on-chain. Supporters say the protocol should allow the option if users are willing to pay extra storage costs. Former Ripple developer relations lead Matt Hamilton called it a \"really bad idea,\" citing ledger bloat, higher node costs and risks to decentralisation, and suggested using networks such as Filecoin instead.
