For most of the past decade, Ripple occupied a relatively simple position within the digital asset industry. It was the company behind XRP, the cryptocurrency designed to facilitate cross-border payments. Whether one viewed XRP as a revolutionary settlement asset or an overhyped token, the discussion usually revolved around the same themes: banks, payments and regulation.
Why Did Strategy Sell Bitcoin? Strategy sold 32 BTC for about $2.5 million between May 26 and May 31, marking its first bitcoin sale since December 2022 and ending a long stretch in which the company had been defined by continuous accumulation. The sale was disclosed in an 8-K filing with the Securities and Exchange
Traditional decentralized finance has always been very much a human affair, and it places a lot of demand on the user. When engaging in complex DeFi transactions, users are required to manually switch networks, patiently clicking multiple times to approve and sign transactions, all while maintaining a supply of native tokens to cover the gas
What Happened To Gnosis Pay? Gnosis is working to contain an active exploit affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged a hack involving the system’s delay module and said the project would cover user losses. Köppelmann initially urged users to withdraw funds, a warning later amplified by blockchain security firm PeckShield, which
Tether’s recent move to partner with the Georgian government probably doesn’t sound like the biggest crypto story in the world right now, but it could end up being way more important than people realize. This week, Tether announced plans to launch GELT, an official digital token tied to Georgia’s national currency, the lari, with government
Why Is India Expanding the Digital Rupee Now? The Reserve Bank of India plans to expand the digital rupee into more welfare payment schemes and test its use in cross-border transactions, according to its 2025-26 annual report. The move comes as India tries to give the e-rupee a clearer role beyond basic retail circulation. The
Why Is France Pressing Crypto Firms Now? France’s top markets regulator has warned crypto companies that they could be blacklisted and prosecuted if they continue seeking EU customers without a licence after the bloc’s June 30 deadline. The warning comes as the European Union moves into the full rollout of MiCA, its crypto regulatory framework.
Why Did The SEC Charge Nathan Fuller? The Securities and Exchange Commission charged Nathan Fuller, a Cypress, Texas resident, with raising about $12.3 million from roughly 150 investors through a crypto fraud scheme built around fake AI trading bots. Fuller, the founder and sole member of Privvy Investments LLC, allegedly solicited investors across 9 states
Why Do Recent DeFi Exploits Matter for XRPL? Recent DeFi attacks have put flash loans back at the center of crypto market risk. The mechanism was linked to exploits involving Thorchain, Drift Protocol, and KelpDAO, while cross-chain bridges have lost more than $2.8 billion to attacks since 2021, according to Chainalysis data cited in the
Why Are Bitcoin ETF Outflows Drawing Market Attention? US-listed spot Bitcoin exchange-traded funds have posted their longest outflow streak since launch, extending a withdrawal cycle that points to weaker institutional demand for Bitcoin exposure through regulated fund products. Spot Bitcoin ETFs recorded another $223 million in net outflows on Thursday, taking the category to a