Ripple, VeChain, IOTA, Dogecoin, and Stellar Lumen Make Big News This Week!
Ripple
• Ripple Labs won a lawsuit against the US Securities and Exchange Commission (SEC), possibly resulting in a 10 times price surge for XRP.
• Ripple has also launched a $250 million creator’s fund to attract NFT artists to the XRP ledger.
• The second wave of beneficiaries of the fund were announced in October last year and applications for the third wave are now closed.
IOTA Foundation & Dell Technologies
The IOTA Foundation has partnered with Dell Technologies to bring sustainable energy use cases to digital cities in order to transform Urban Mobility using Intelligent Security systems (ISS). This solution will utilize video recordings, analytics, and control centers all powered by IOTA technology.
VeChain
VeChain recently announced their new interoperable blockchain platform known as VeChain Thor V1.21. This update allows users to store different types of digital assets such as tokens, NFTs, and stablecoins on its blockchain network. Additionally, it offers enhanced security and scalability features that make it suitable for enterprise-level projects.
Dogecoin
Dogecoin is setting new milestones every day by reaching new highs constantly over the past few weeks. It even surpassed Bitcoin Cash (BCH) as the fourth largest cryptocurrency in terms of market capitalization at one point this week after experiencing an incredible 20% increase in its value within 24 hours.
Stellar Lumen
Stellar Lumen has launched the Stellar Asset Sandbox which simplifies asset issuance, minting, and burning on its testnet network. This could encourage more developers and creators to join the Stellar ecosystem while providing tools for them to create their own digital assets within minutes or hours rather than days or weeks using traditional methods.
