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#NEWS

Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018

American tech company Ripple reported that its revenue from XRP token sales doubled in the third quarter (Q3) compared to the second quarter (Q2) of 2018, according to the company’s quarterly report published Oct. 25.

In the Q3 2018 XRP Markets Report, the company reveals that  it sold $163.33 million worth of XRP in the Q3, which is more than double the $73.53 million it sold in the previous quarter. The sales were distributed between Ripple and its subsidiary XRP II, LLC, which saw $65.27 million and $98.06 million sales revenues respectively.

Full article:
https://cointelegraph.com/news/ripple-reports-double-revenue-from-xrp-token-sales-in-third-quarter-of-2018
#NEWS

What 30 Million Ethereum Transactions Reveal about the State of DApp Development

New data from cryptocurrency prime dealer SFOX has painted a somewhat bleak picture of the current state of dApp development on the Ethereum network.

According to the data which was obtained from an analysis of more than 30 million Ethereum transactions, the top 10 smart contracts on the network are dominated by ICO and exchange activity, with a solitary spot for the popular CryptoKitties dApp.

The data shows that contrary to the promise of Ethereum as a simple and powerful engine for powering smart contracts that dApp developers can use for any purpose, the cost and scaling issues still present a significant challenge to the actualisation of that vision.

Full article:
https://www.ccn.com/what-30-million-ethereum-transactions-reveal-about-the-state-of-dapp-development/