Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Crypto

A Two-Hour Dip in Validator Votes Pushed an XRP Ledger Fix to November, and It Also Touches Ripple’s Bank Lending Code

by Team Lumida
October 22, 2026
in Crypto
Reading Time: 3 mins read
A A
0
XRP Ledger Activates PermissionDelegationV1_1 — Institutional Compliance Features Mature While Technical Bugs Emerge, Validating Infrastructure Complexity as $4.26B Tokenized Assets Layer Demands Operational Rigor
Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • An XRP Ledger bug fix called fixCleanup3_4_0 was set to activate on October 23, but a brief dip in validator support reset its clock. It is now scheduled to go live at 14:46 UTC on November 4, according to XRPLWin.
  • Rule changes need backing from more than 80% of the 35 validators the network trusts by default, or 29, at every check for 14 straight days. The fix sat at exactly 29 votes on Monday, fell to 26 at a 12:54 UTC check on Wednesday, and recovered to 29 by 14:46 UTC.
  • Support has since climbed to 31 of 35, giving the fix two votes to spare on its second run after having none the first time. Neither tracker shows which validators dropped, and a server that was offline or restarting counts the same as a no vote.
  • The patch closes a loophole that could let an account allowed only to burn an issuer’s tokens create new ones under certain conditions. It also adjusts how the lending code decides when a loan is late or in default, code tied to the lending system Ripple has pitched to banks since June.

What Happened?

The XRP Ledger’s amendment process requires a supermajority of trusted validators to hold support continuously for two weeks, with checks roughly every 15 minutes, CoinDesk reported. The fix had no margin, so a short drop in yes votes on Wednesday was enough to restart the countdown. The lending system the code supports lets lenders park XRP or other tokens in vaults while a broker lends them out for a fixed term. That system still is not live as of Thursday.

Why It Matters?

The episode shows how thin consensus margins can delay upgrades on the XRP Ledger, even when there is no real opposition to a change. For Ripple, the delay matters because the lending product is part of its pitch to banks and payment companies, and every reset pushes back the timeline for institutional use. The token-issuance loophole is also the kind of flaw that institutions will want closed before putting tokenized assets on the ledger. The lack of visibility into which validators dropped off raises questions about how reliably the default validator list can deliver upgrades.

What’s Next?

Watch whether support stays at or above 29 through November 4, since any single missed check would restart the clock again. A cushion of 31 votes makes a second reset less likely but not impossible if servers go offline. After the fix activates, attention will turn to whether Ripple’s lending system can secure enough votes to go live. Progress on that front would be a meaningful step for XRP’s use in bank and payment workflows.

Affected Tickers and Coins: XRP

Source: CoinDesk

Previous Post

Solana’s Alpenglow Upgrade Is Live, Targeting 150-Millisecond Finality, and Its Transaction Charts Are About to Look Like a Crash

Next Post

Comcast Is Planning Significant Job Cuts Ahead of Thursday’s Earnings, With Its Stock Down About 21% This Year

Recommended For You

Solana’s Alpenglow Upgrade Is Live, Targeting 150-Millisecond Finality, and Its Transaction Charts Are About to Look Like a Crash

by Team Lumida
11 seconds ago
Solana Schedules Oct 21 Alpenglow Upgrade for 150ms Finality; Validator Vote Removal May Sharply Drop Headline Transaction Counts Even if User Activity Stays Flat

Solana's Alpenglow upgrade targets 150-millisecond finality and removes validator votes from the chain, which will shrink reported transaction counts.

Read more

Bitcoin Broke $84,000 and Gave It All Back in Six Hours, and $82,500 Is Now the Line Analysts Are Watching

by Team Lumida
1 hour ago
Crypto Panic: Bitcoin Crashes to $53K, Ether Faces 2024 Downturn

Bitcoin topped out near $84,800 before Tesla and Lam Research outlooks hit Nasdaq futures, leaving BTC on the $82,500 support analysts flag.

Read more

Bitcoin ETFs Took In $1.08 Billion in Three Days, but Every Steep Rally Since 2024 Needed Over $200 Million a Day

by Team Lumida
1 hour ago
US Spot Bitcoin ETFs Attract $999M Monday Inflow (9th Largest Ever); IBIT Leads at $381M, ARKB $289M, FBTC $239M; Bitcoin $85K+ on 44% Quarter Gains

Spot bitcoin ETFs drew $1.08 billion in three days, yet inflows since July average $86 million a day, far below the pace of past steep rallies.

Read more

Two Traders Say the Bitcoin Bounce Is Shorts Closing, and the Flow Data Agrees

by Team Lumida
15 hours ago
Crypto Startups Are Still Being Funded at Last Year’s Pace. Almost No New Crypto Funds Are Being Raised

$2.3 billion entered spot funds in a month, most of it into one product, without rising volume.

Read more

Bitcoin Holds Near $83,000 as SpaceX and Super Micro Revive the AI Trade, With the Fed a Week Away

by Team Lumida
24 hours ago
Bitcoin Could Drop to $50K Before a Potential Fed-Driven Rally

Bitcoin rose 1.3% as strong AI earnings lifted Asian tech, but it still needs to clear $84,000 before the Fed's Oct. 27 and 28 meeting.

Read more

Reg Crypto Comments Close With 100+ Letters, and Even Its Supporters Say the Safe Harbor Is Too Narrow

by Team Lumida
1 day ago
U.S. Securities and Exchange Commission seal against an orange block background

As the SEC's Regulation Crypto Assets comment period closes, Hyperliquid's policy group, AIMA and SIFMA all want changes before it becomes final.

Read more

HSBC Says Ripple’s 24/7 Stock Swaps Need Depth First, and Saturday’s $52 Million Chip-Stock Wipeout Showed Why

by Team Lumida
1 day ago
Ripple Adds Stripe-Owned Privy Wallets to XRP Ledger; AI Agent Payments Reach 14.3M Transactions but Total Value Under $600K Raises Questions About Economic Substance

Ripple Prime now offers round-the-clock swaps on 100+ markets, but HSBC expects basis traders, not hedgers, to dominate until liquidity deepens.

Read more

One Fund Took $665 Million While the Rest of the Bitcoin ETFs Lost $139 Million

by Team Lumida
2 days ago
Crypto Startups Are Still Being Funded at Last Year’s Pace. Almost No New Crypto Funds Are Being Raised

BlackRock's bitcoin fund had its best day in a year. Its ether fund drove 92% of that complex's outflows.

Read more

A Wallet Untouched Since 2013 Moved $34 Million, and Spent Years Ignoring Dust Sent by Scammers

by Team Lumida
3 days ago
A Wallet Untouched Since 2013 Moved $34 Million, and Spent Years Ignoring Dust Sent by Scammers

Address poisoning costs the attacker a fraction of a cent and can cost the holder everything.

Read more

XRP’s Total Market Value Is Down 3% Since 2017. Its Price Is Down 62.5%. The Difference Is Supply

by Team Lumida
6 days ago
XRP’s Total Market Value Is Down 3% Since 2017. Its Price Is Down 62.5%. The Difference Is Supply

Circulating tokens grew 63%. Holders didn't lose because the asset failed — their share of it shrank.

Read more
Next Post
Comcast to Spin Off NBCUniversal and Sky, Shares Surge 20% in Biggest Media Split in Years

Comcast Is Planning Significant Job Cuts Ahead of Thursday's Earnings, With Its Stock Down About 21% This Year

Robinhood Joins Bitcoin Holders — $25 Million Balance Sheet Addition Signals Fintech Giant’s Bet on Crypto as Corporate Asset

Robinhood Wins Dubai Approval for 10 Asset Classes Including Crypto, Making the Middle East Its Next Market After the UK, EU and Singapore

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

a white square with a blue logo on it

Meta Is About to Overtake Google in Ad Revenue — But It May Be Winning a War It’s Already Lost

April 20, 2026
A baby's feet.

Falling Birth Rates in Wealthy Nations: Economic Growth at Risk

June 21, 2024
Warner Bros. Sale Drama Reignites as Paramount Pushes for Round Two

Warner Bros. Sale Drama Reignites as Paramount Pushes for Round Two

February 16, 2026

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Legacy
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Opinions
    • Investing Philosophy
    • Op-Ed
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Investing Philosophy
  • Latest
  • Legacy
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Op-Ed
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bank of America Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Novo Nordisk Nuclear Energy Nvidia oil OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018