Former Ripple executive Devan Moorthy joins the Algorand Foundation

[Former Ripple executive Devan Moorthy joins the Algorand Foundation] According to news on August 16, Devan Moorthy, a former Ripple business development (APAC) senior manager, has joined the Algorand Foundation. Previous Cardano technical contributor John Alan Woods has also joined the Algorand Foundation as its Chief Technology Officer.

Other news:

Ripple hopes to bring huge DeFi potential to XRPL through the AMM function: Jinse Finance reports that Ripple is currently considering adding an automated market maker (AMM) function to its network. According to Github, the 0030 XLS-30d proposal, which aims to introduce an AMM for the XRPL blockchain, is under discussion. This is considered to have great potential for the network. (U.Today)[2022/7/4 1:50:21]

Ripple and Stellar Help Novatti Group Launch AUDC Stablecoin: Golden Finance News, Australia-based Ripple customer Novatti Group announced that it is working with the Ripple fintech giant to build an Australia-based stablecoin AUDC and plans to issue it on XRP Ledger . Following the launch of instant cross-border payments, Stellar and Ripple will work together to help promote the use of AUDC on their networks. (u.today) [2022/6/9 4:14:01]

News | 500 million XRP transferred from Ripple escrow wallet to Ripple: At 00:52 Beijing time, 500 million XRP was transferred from the Ripple escrow wallet address starting with rDdXi to the Ripple address starting rp6aTJ, worth about 198 million US dollars. The transaction ID is: 755A430D0D239B194B12AED6C428615E06857AEBFBFB0C3A22ED64C2062257E9. [2019/7/2]