Ripple's Legal Standoff, Zeus Network's Solana Integration and PancakeSwap's Innovation

December 6, 2024

Ripple Rattles Regulators: A Legal Showdown in Crypto

In a daring move, Ripple's Stuart Alderoty has slammed the US SEC for allegedly stifling the crypto market artificially. The tension between crypto firms and regulators, notably under Gary Gensler, has been simmering. The SEC's crackdown on Ripple since 2020 has sparked debates, with Alderoty likening their fines to a failing professor boasting about low grades.

Amidst this legal drama, XRP has skyrocketed by 404%, hitting a 7-year high of $2.50. Factors like Gensler's exit news, a potential U.S.-based XRP ETF, and a long accumulation phase have fueled this surge. Institutions are pouring in, propelling XRP's market cap from under $30 billion to $139 billion, briefly ranking it as the third largest crypto. Analysts predict a potential surpassing of its 2017 highs.

ZeusNode Unleashed: Boosting Bitcoin Liquidity on Solana

On another front, Zeus Network has introduced ZeusNode on Solana to enhance Bitcoin liquidity. The Guardian program ensures secure transactions through a unique validation system, attracting individual and institutional participants.

The roadmap includes gradual expansion to accommodate significant BTC volumes, marking a pivotal shift in Bitcoin's Solana integration.

Institutional Guardians have flexible access to $BTC deposits, while $ZEUS tokens will be locked for six months for security. $ZEUS holders can delegate tokens to Guardians for enhanced security and rewards, starting at a 20,000:1 delegation ratio, which will adjust after a Guardian exceeds 5,000,000 $ZEUS.

Springboard Revolution: PancakeSwap's Token Creation Platform Shakes BNB Chain

Meanwhile, PancakeSwap's Springboard platform is turning heads by simplifying token creation on the BNB Chain. This no-code platform empowers creators to launch tokens swiftly, fostering a vibrant ecosystem. With a minimal trading fee structure and support for popular tokens, Springboard is already witnessing a flurry of new token launches, showcasing the platform's potential to drive innovation and liquidity on BNB Chain.

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Spotlight on interesting projects

Tezoro

Tezoro is a non-custodial service that allows you to reduce the risk of losing your crypto by ~100 times by creating a backup: a smart contract that can withdraw crypto from your wallet and transfer it to a backup address even if you've already lost access to your wallet or died.Tezoro is a non-custodial service. It helps you to prepare your backup, and you confirm it via your MetaMask and deploy it directly to the blockchain.

Nobody, including Tezoro, can change the amount or replace the backup address. The only thing you allow it to do is initiate the transfer at the moment you need it.

For more information, visit https://tezoro.io/

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