XRP Ledger Developers Tighten Rules for Restricted Tokens
Developers on the XRP Ledger introduce fixes to tighten rules around who can hold permissioned tokens on the network.
XRP Ledger Developers Tighten Rules for Restricted Tokens
Developers on the XRP Ledger introduce fixes to tighten rules around who can hold permissioned tokens on the network.
XRP Ledger Tightens Permissioned Token Rules
A set of fixes has been introduced to tighten who can hold permissioned tokens on the network, according to the XRP Ledger Foundation. The updates aim to refine the rules governing restricted tokens.
The XRP Ledger Foundation stated that no users were affected by the recent implementation of these fixes.
Market Context and Broader Activity
The network update arrives amid a period of heightened activity across the cryptocurrency sector, which also saw a massive exploit involving major exchanges. According to an investigation by TRM Labs, a security incident began with a $296 million XRP drain from Binance wallets.
The broader market experienced significant volatility following these events, with a selloff in major digital assets wiping out $1.5 billion in leveraged crypto bets, according to data from CoinDesk.
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