Tag: Crypto

XRP Ledger Suffers Hour-Long Outage Before Recovery: Ripple CTO Says ‘Silent Network’ Failure Didn’t Impact User Funds

The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering. We don’t know exactly what caused the issue yet,” Schwartz posted on X....
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XRP Ledger Recovers Following Brief ‘Network Drift’ Outage

On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However,...
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Barstool’s Dave Portnoy Buys The XRP Dip: Drops $1 Million Bet

Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as...
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Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC Mining

Bitcoin (BTC) mining company Bitdeer announced today that it had acquired a 101-MW gas-fired power plant near Fox Creek, Alberta, to build a “vertically integrated” BTC mining operation. “We are really excited about planting roots in Alberta, our first site in Canada. This acquisition is the culmination of extensive...
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