News with the tag "Flare Founder"

Hugo Philion, CEO of Flare Labs, recently announced that $134 billion worth of XRP will soon be eligible to earn a yield on Flare through FXRP and native XRP staking. While this development is exciting, it has raised concerns, regarding yield sources and potential risks for participants. Vet (@Vet_X...

Hugo Philion, the co-founder of Flare Network, has shed light on the significant impact of the prolonged legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) regarding the security status of XRP. Philion asserts that this lawsuit has hampered Ripple’s ability to focus...