The Justice Department’s Scam Center Strike Force, working with the Treasury Department, seized a Chinese-language scam marketplace called Xinbi Guarantee and restrained about $52 million in cryptocurrency in a single day, U.S. Attorney Jeanine Pirro announced this week. That operation brought the total the Strike Force has restrained since its founding to roughly $938 million. A […]
Swiss-based asset manager 21Shares has outlined its investment case for XRP, citing regulatory clarity, institutional access, growing XRPL utility, and a predictable supply. Nevertheless, it outlined one major risk, which continues to haunt the underlying asset. Why Bullish on XRP? Given Ripple’s years-long battle with the US Securities and Exchange Commission and the favorable outcome […]
The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) have launched a pilot infrastructure for issuing, holding, trading, and settling corporate bonds as digital tokens. Called Demat 2.0, the model is being integrated directly into the nation’s existing regulated securities market, unlike many tokenization experiments built on standalone blockchain […]
UniCredit is exploring an expansion into digital assets that would add crypto custody and brokerage, and has started selecting a technology provider to hold the assets and handle client transactions, Bloomberg reported, citing people familiar with the matter. As per the report, the discussions are early, and no final decision has been made. Areas under […]
Ethereum developers have tentatively scheduled the Glamsterdam upgrade for Ethereum’s Sepolia testnet on October 6 at 13:53 UTC, even as private devnet testing continues to uncover bugs. The date gives developers a path toward a December mainnet release, but it remains conditional on whether the next testing phase can produce a stable network. Glamsterdam Date […]
XRP Ledger Foundation CTO Denis Angell has suggested that an integration between X Money and XRP could let users move funds from the payments platform into the token and access yield-generating tools on XRPL. His idea goes beyond simply adding crypto payments to X Money, as he sees a possible connection between X’s wallet product […]
Crypto asset manager Bitwise is shutting down its spot Dogecoin exchange-traded fund roughly 10 months after the product launched, as the firm moves to optimize its product range to meet changing investor needs. The fund, BWOW, currently trading on NYSE Arca, is expected to continue trading until October 14, its final trading day. Investor Demand […]
The dispute between Blockstream and the party claiming to be a white-hat hacker has taken a sharper turn, according to Samson Mow’s latest update. The hacker has accused Blockstream of serious security failures, while claiming that the company allocated only $1.5 million, or possibly nothing, to secure $5 billion in assets. Fresh Clash With Blockstream […]
XRP’s weekly Super Trend indicator flipped bullish on August 17, after the token rallied about 70% from $0.98 to $1.70. The catch, according to analyst ChartNerd, is that this exact signal has marked local tops before deep pullbacks in every previous cycle going back to 2019, and XRP is already stalling at the resistance level […]
XRPL has pulled its Permission Delegation amendment after a bug bounty report found a high-risk flaw during testing, with a hardened V1.1 now completing security review and QA checks. The episode shows why delegation at the protocol level needs safeguards that extend beyond the basic feature itself. XRPL Reworks Permission Delegation After Bug Report Permission […]