C1 Fund Buys Stake in Ripple, Enterprise Blockchain Leader

C1 Fund Inc., a publicly traded closed-end investment company focused on late-stage digital assets and blockchain infrastructure, today announced it has bought shares in Ripple, a global provider of enterprise blockchain technology that aims to transform cross-border payments and financial infrastructure. Ripple’s established platform is used by a diverse array of financial institutions and enterprises globally, leveraging stablecoins such as RippleUSD (RLUSD) and the XRP Ledger (XRPL) — an open-source blockchain recognized for its efficient...

EchoX Gains Adam Back’s Investment to Boost Asian Blockchain

EchoX, a leading blockchain solutions provider in the Asia-Pacific region, has announced an investment from Adam Back, CEO of the renowned global blockchain company Blockstream. This marks Adam Back’s first personal investment in Asia, symbolizing strong recognition from the international top-tier technical community for EchoX’s expertise in blockchain technology, security management, and market operations. EchoX CEO Neil Lee stated: “This investment is not only a boost of capital, but also a comprehensive endorsement of EchoX’s technology adoption, security and compliance, and market expansion....

Blockchain Security Standards Council Releases First Four Standards

The Blockchain Security Standards Council (BSSC) announced today the public launch of its first four security standards, marking a significant milestone in the journey towards a more secure and trustworthy blockchain ecosystem. These standards are designed to address critical aspects of blockchain security, elevating trust in digital assets and confidence in blockchain networks. The four standards released today via the organization’s website are as follows: Node Operation Standard (NOS): Defines the requirements for operating a blockchain node securely, focusing on...

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