Today comes with more drama in the crypto space as Dash (DAS) fails to complete its hard fork upgrade, forcing the chain offline for hours. On the flip side, Ripple (XRP) has scored a major victory against the SEC in its ongoing lawsuit, while the much-anticipated investment platform, Sparklo, has entered the second stage of its presale after massive support from investors in the first stage.
Sparklo (SPRK) introduces gold investments to crypto
Sparklo is the first alternative investment platform in the crypto space where investors will be able to access precious metals including gold, silver, and platinum without the accessibility, cost, and divisibility problems. Sparklo will use fractionalized NFTs to give every investor the opportunity to own these precious metals.
The NFTs minted on Sparklo are 100% backed by the physical gold, silver, and platinum bars. Sparklo’s marketplace will also provide liquidity for the easy purchase and sale of these NFTs. When an investor buys a full NFT representing any of the precious metals, they can choose a location where it would be delivered.
Revolutionizing the multi-trillion-dollar precious metal industry is why Sparklo is quickly becoming popular among investors in the crypto space. The rush quickly saw stage one of Sparklo’s presale completed. Now in stage two, you can buy into one of the most unique investments in crypto for as low as $0.026 per token.
Ripple (XRP) scores huge win in SEC lawsuit
The legal battle between Ripple (XRP) and the Securities and Exchange Commission (SEC) over the sale of unregistered securities has taken an unlikely turn favoring Ripple (XRP). In a brief and leaked SEC email, Attorney John Deaton has concluded that there are “reasonable grounds” concluding that Ripple (XRP) does not meet all the requirements to be classified as a security under federal law.
Although the judge is yet to pass a verdict, the news has been positively received by the Ripple (XRP) community as the outcome could influence how crypto is regulated. Ripple (XRP) has gained 9% over the last week, outperforming the top 10 cryptos. At the time of this writing, Ripple (XRP) now trades at $0.4614.
Dash (DASH) hard fork fails
Dash (DASH), a cryptocurrency focused on speed and cheap transactions has seen its blockchain halt for hours. The process of activating the Dash Core v19 hard fork was unsuccessful, pushing the Dash (DASH) blockchain offline. For more than 13 hours, the Dash (DASH) blockchain was offline before developers reverted to Core v18.
The Dash (DASH) development team will try again on June 14. Despite what is an epic failure, the price of Dash (DASH) is trending upward with the crypto market. Over the last 24 hours, the price of Dash has gained 1.7% to trade at $44.32.
Find out about the Sparklo (SPRK) presale using the links below:
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