Update
XRPL Network Upgrade and Lending Protocol
The XRP Ledger (XRPL) network is set to undergo a maintenance fix on November 4, with a security update that has already received 33 out of 35 validator votes. However, the proposed built-in lending system remains stalled due to a lack of validator support. The update includes several technical fixes, including a fix to prevent certain accounts from minting unauthorized tokens. The lending system relies on two key amendments: SingleAssetVault and LendingProtocol, which currently have 21 and 19 votes respectively, short of the 29 needed for activation. The update is planned to go live on November 4 at 14:46 UTC.