Blockchain 

Ripple’s XRP Outperformed in Q2 2019 as the Token Seeks More Transparency

The crypto winter kept cryptocurrency markets in the grip for almost two years until sometime this year, but in this period of grey, one asset stood out. Ripple’s XRP continued to perform well within expectations. XRP’s Strong Performance in Q2 Ripple has indicated that XRP sales in the first and second quarters of 2019 have increased, which furthers asserts XRP’s immunity to the wild fluctuations in the cryptocurrency industry. Despite the company having large hoards of XRP, they have been restricting sales for the most part. Even still, in Q2…

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Blockchain 

Ripple to Enhance Transparency in XRP Volume Reporting

According to a Bitwise report, there is foul play in the crypto industry because it is unregulated, which makes exchanges culpable to manipulation as some even inflate their trading volumes. The Bitwise researchers have discovered that up to 95% of trading volumes are fraudulent. This is where Ripple steps in. Ripple Working to Enhance Accuracy The crypto firm is working with reliable partners in the industry to understand the scale and scope of the problem and evaluate its XRP volume reporting. Going into Q2 2019, the company is likely to…

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Blockchain 

CoinMarketCap Data Accountability and Transparency Alliance

Cryptocurrency-price tracker CoinMarketCap has issued a post urging exchanges to provide mandatory data by June, or else they will be removed from its calculations. The crypto-data source celebrates its 6th birthday today and announced a list of “major initiatives” as part of its celebrations. CoinMarketCap: Data Accountability and Transparency Alliance The site listed five major initiatives that it has been working on for months. They are as follows: Data Accountability & Transparency Alliance Block Explorers Shop API Revised Plans Mobile Apps The first initiative—Data Accountability and Transparency Alliance—is the most eye-catching as…

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