The “fixReducedOffersV1” amendment is now live on XRP Ledger
The "fixReducedOffersV1" amendment has now been activated on the XRP Ledger, which is expected to improve the efficiency of the order book. This update improves the rounding of reduced offers, and the reduced offer rate is rounded up or down through this correction, allowing reduced offers to be consumed by offers that match the original and full quantity, which will be more beneficial to XRPL users. It is reported that in the past week, the XRP Ledger has received two new proposals: "XLS-49d: Multi-Signer List", which will support multiple signer lists for each account; and "0051 XLS-51d: NFToken Hosting", which proposes a small change to accommodate NFT hosting, as the XRP Ledger currently only supports hosting for a single type of token, XRP.
BitTrade announces new support for XRP and SHIB in crypto lending platform
Japanese cryptocurrency exchange BitTrade has announced the addition of XRP and Shiba Inu (SHIB) to its cryptocurrency lending platform. The lending period for users is 90 days with an annual interest rate of 2%.
25 million XRP transferred from unknown wallet to Bitso
According to blockchain data tracking service Whale Alert, at around 04:24 on November 24th, Beijing time, 25,000,000 XRP (worth about $15,553,036) were transferred from an unknown wallet to Bitso.
Affected by the "BlackRock XRP ETF" rumors, XRP positions exploded to US$7.1622 million in the past 24 hours
According to Coinglass data, XRP liquidations reached $7.1622 million in the past 24 hours, with long positions accounting for $4.7601 million, or 66% of the total.
XRP Lawsuit: Judge Analisa Torres Signs Order On Remedies Discovery And Briefing
Judge Analisa Torres set remedies discovery and briefing schedule in the SEC vs Ripple, attorney claims XRP lawsuit's final judgment in July.
The XRPL "fixReducedOffersV1" amendment has been approved by more than 80% of validators and will be activated in two weeks
On November 12th, it was reported that the "fixReducedOffersV1" amendment for XRPL is currently in a two-week activation countdown phase and has received approval from over 80% of validators. This modification marks a major upgrade for XRPL. Additional features will be introduced in the coming weeks. According to XRPScan, users who rely on V1.11.0 or earlier versions are advised to update their systems. Deploying fixReducedOffersV1, which addresses critical issues with DEX products, requires over 80% of updates to be implemented within 14 days.
425 million XRP transferred from unknown wallet to a new wallet
Whale Alert monitored that at 00:42:10 Beijing time today, 425,807,780 XRP (worth $288,496,378) were transferred from an unknown wallet to a new wallet.
Nearly 40 million XRP transferred to Coinbase, worth more than $25 million
According to blockchain data tracking service Whale Alert, a wallet address starting with "rnomGK" transferred 39,523,129 XRP to cryptocurrency exchange Coinbase at around 14:53 Beijing time on November 11, with a value of approximately $25,853,836.
XRP breaks through 0.7 USDT, rising 8.83% in 24 hours
According to market data, XRP has broken through 0.7 USDT and is currently trading at 0.7024 USDT, with a 24-hour increase of 8.83%.
XRP Lawyer Accuses SBF’s Father Joseph Bankman of Fraud
According to CoinGape, on November 3rd, XRP lawyer John Deaton stated that SBF's father Joseph Bankman is also suspected of fraud. Deaton stated that Joseph Bankman had previously demanded a high salary from SBF. In September 2023, FTX led by John J. Ray III filed a lawsuit against SBF's parents Joseph Bankman and Barbara Fried, accusing them of millions of dollars in fraudulent transfers and misappropriation of funds.
