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U.TODAY presents the first three news from Crypto on the first weekend in February.
4,485 366.320 XRP: Ripple reveals the assets in a new report
Last Friday, January 31, Ripple released Its quarterly report of the XRP markets, providing information on the current state of cryptographic markets, updates to the XRP ecosystem and its XRP participations. At the end of Q4, 2024, Ripple’s XRP Holdings Raising 4,485 366 320 XRP. According to the report, there is a slight increase in Ripple’s assets of 4,436,713,796 XRP at the beginning of the fourth quarter in the current total at the end of the quarter. Given its commitment to transparency, the company reveals its XRP assets the first and last days of each quarter. The holdings are divided into two categories: XRP which is currently available in the Ripple and XRP portfolios which is subject to Lip Lips of Ascrow which will be published each month in the next 42 months. For this last category, Ripple does not have access to this XRP until the sequestration releases it in Ripple on a monthly basis. The remaining Liberated XRP is returned to the whole month.
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Shiba Inu The key developer makes an important shibarium clarification
Kaal Dhairyya, a key developer from Shiba Inu, recently took the X platform to do Significant clarification Regarding layer 2 solution, Shibarium. In his jobDhairya said Shibarium is a sidelines built on Ethereum, unlike many costly layers 2 that depend on centralized operators. The key comments of the developer Shiba Inu are in response to a post X by the @Shibizens account, which indicated that if Shibarium is often called layer 2, its architecture aligns more closely with that of a reddechain. Dhairya stressed that the levels exploit their own validators and control points while taking advantage of Ethereum’s security via periodic anchoring; In the opinion of the key developer, this is a safer alternative to optimistic Rollups, which require a period of withdrawal of seven days. However, Shibos uses both approaches. For the future, Dhairya said that Shibarium will serve as a layer of colony for all rollers (L3S). “We also explore an optimistic / ZK -based hybrid settlement model to meet the limits of optimistic Rollups,” wrote Dhairya at the end of his position.
Next Dogey? Graycale excites crypto with the same money fund
In a recent X post From January 31, Grayscale, an eminent asset management company based in the United States, announcement The launch of the Grayscale Dogecoin Trust, a new cryptographic product, has exclusively offered to qualified investors. This evolution brings the sector of cryptography of the potential approval of an ETF of Dogecoin, even if institutional opportunities in memes cryptocurrencies remain limited. The trust allows investors to expose themselves to Dogecoin (Doge), the oldest and the largest piece of memes by capitalization, without having to keep the assets in cryptographic wallets. Graycale’s product and research manager, Rayhaneh Sharif-Askary, stressed that the introduction of DOGE Trust underlines the dedication of the company to create inclusive investment vehicles for tradfi investors.