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Quick Take Wirex will not include XRP in a US version of the app when it launches in January. Ziglu has decided to suspend XRP trading as of January 12 A handful of crypto wallet firms in the UK are contemplating whether to prevent millions of customers from trading XRP. Subscribe to The Block to Unlock this Feature
Compound (COMP) prepares to create new cross-chain protocol December 18, 2020 The blockchain will use its native token known as CASH for payment of transaction fees. Compound Chain will speed up quick adoption and growth of digital assets. Compound Labs released a white paper providing details of its plans to launch an application-specific blockchain known as Compound Chain. According to the white paper, Compound Chain provides money market services through a wide range of networks. Robert Leshner, Compound founder, revealed that the firm wants a blockchain that will provide the right framewo...
CeFi plans to adopt DeFi protocol: Compound finance founder December 16, 2020 Businesses who are looking to improve user experience may adopt the DeFi protocol in the nearest future. Leshner says the Ethereum network may not be seen as the right platform for DeFi projects in the future. Upgradability of the Compound protocol is not left to a single entity, although it could be slow to evolve. At the recently concluded REDeFiNE TOMORROW DeFi Summit in Bangkok, founder of Compound Finance Robert Leshner revealed that CeFi is looking to join the Decentralized Finance (DeFi) craze very soon. Acco...