DeFI News by Thebittimes.Com

Flare, a full-stack Layer 1 (L1) solution, is joining forces with EasyA and XRPL Commons to host a 36-hour hackathon at Harvard University on September 20–21, 2025, as per the most recent info shared with Finbold on Thursday, September 3. The event will gather 200 developers and focus on Flare’s interoperability protocols and the ways XRP Ledger (XRPL) can power the next wave of decentralized finance (DeFi). With a $35,000 prize pool at stake, participants will gain hands-on cross-chain development experience across cross-chain finance and real-world assets, composable decentralized applications (dApps) and interoperable infrastructure, as well as consumer-focused apps.  In addition, Flare engineers will help participants familiarize themselves with technologies such as Flare’s FAassets, programmable liquidity, smart accounts, decentralized oracles, and XRPL-controlled accounts. Promoting Web3 education  XRPL has long been recognized for its speed, liq...

Payments company Ripple and its native token XRP have consistently been in the news of late, thanks to the back-to-back pre-Christmas developments taking place w.r.t. its ongoing lawsuit against the US Securities and Exchange Commission. On Thursday, for instance, the regulatory agency requested the court to seal certain documents related to motions for the summary judgment. Leaving aside the lawsuit development, a noteworthy milestone was achieved within the Ripple ecosystem recently. Data from XRP Ledger Service revealed that the number of account holders on the platform surpassed the 4.5 million mark. At press time, the exact figure stood at 4,506,950. Basically, the XRP Ledger [ XRPL ] is a decentralized, public blockchain that fosters payment transfers. The rise in the number of account HODLers points toward the entry of new participants into the ecosystem. Source: XRP Ledger Services XRP Trends On Social Platforms The sentiment associated with the XRP token has bee...