Institutional custodian Hex Trust announced the launch of Wrapped XRP (wXRP) on Thursday, deploying the token throughout Ethereum, Solana, Optimism, and HyperEVM with $100 million in preliminary liquidity. The transfer goals to anchor Ripple’s RLUSD stablecoin pairs on EVM chains. XRP remained flat on the information, whereas RLUSD provide held regular at 1.3 billion. The…
Binance has pushed again in opposition to claims that it didn’t act swiftly in freezing funds linked to final month’s Upbit hack, rejecting studies that it solely partially complied with requests from South Korean authorities. Key Takeaways: Binance denies claims that it delayed or partially complied with requests to freeze Upbit hack funds. The change…
Curve Finance founder Michael Egorov has put forward a proposal searching for approval for a 17.45 million CRV token grant geared toward supporting the long-term improvement of the Curve ecosystem. Key Takeaways: Curve founder Michael Egorov has proposed a $6.6 million CRV grant to fund ecosystem progress. The funding would help Swiss Stake AG’s 2026…
Spanish police have arrested 5 individuals and charged 4 others in Denmark over the kidnapping and killing of a person who was focused for his cryptocurrency holdings, authorities mentioned Thursday. Key Takeaways: Police arrested suspects in Spain and Denmark over a violent, crypto-linked kidnapping and killing. The case concerned bodily coercion to entry victims’ cryptocurrency…
Stablecoin adoption in Venezuela is predicted to speed up as the nation’s financial pressures deepen and the bolívar continues to lose worth, according to a new report from blockchain intelligence agency TRM Labs. Key Takeaways: Venezuela’s worsening financial system and a weakening bolívar are driving wider stablecoin adoption, TRM Labs says. Stablecoins are more and…
Tether has launched an all-cash bid to purchase Italy’s Juventus Football Club, a suggestion that was reportedly swiftly turned down. Key Takeaways: Tether made a $1.1 billion all-cash bid to purchase Juventus, but Exor swiftly rejected the supply. Tether signaled it stays and is keen to make investments €1 billion to develop the workforce. The…
The US Office of the Comptroller of the Currency has opened the doorways of the federal banking system to a brand new wave of digital-asset corporations, clearing 5 crypto firms, together with Circle and Ripple, to launch nationwide belief banks. Key Takeaways: The OCC has conditionally authorised 5 crypto corporations, together with Circle and Ripple,…
Jupiter announced seven coordinated platform upgrades at Breakpoint, headlined by JupUSD, a brand new stablecoin developed with Ethena that can combine throughout the complete Jupiter ecosystem to permit rewards throughout DCA orders, restrict orders, and prediction market participation. The Solana-based decentralized trade, which has processed $1.08 trillion in mixed spot and perpetuals quantity year-to-date whereas…
Carl Erik Rinsch (49), Hollywood director and author, was convicted for stealing $11 million from Netflix. A component of the ill-gotten funds went into crypto. U.S. Attorney’s Office in New York, USA, announced on Thursday that “Rinsch took $11 million meant for a TV present and gambled it on speculative inventory choices and crypto transactions.”…
Standard Chartered Bank Malaysia and Capital A, the mum or dad firm of AirAsia, have taken a serious step into the nation’s digital asset panorama with plans to discover a ringgit-pegged stablecoin. Key Takeaways: Standard Chartered and Capital A will collectively discover a ringgit-backed stablecoin constructed for institutional and wholesale use. The pilot operates beneath…