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Ripple shifts from replacing SWIFT to integrating with it, raising questions about XRP's future role.
Ripple initially aimed to replace SWIFT, the global bank messaging network, using XRP as a fast bridge asset. A decade later, SWIFT remains dominant, and Ripple has pivoted to complementing rather than replacing it by integrating with SWIFT's infrast...
Ripple's David Schwartz confirms XRP was created in 2012, not by Ryan Fugger in 2004.
David Schwartz, Ripple's CTO Emeritus, clarified that XRP was not created by Ryan Fugger in 2004. Fugger's RipplePay was a payment system without blockchain or digital coins. The XRP Ledger and XRP token were developed from scratch in 2012 by Chris L...
Singapore flags $14B crypto platform Hyperliquid as unlicensed on its Investor Alert List
Singapore's Monetary Authority (MAS) added Hyperliquid, a $14 billion perpetual futures trading platform, to its Investor Alert List for operating without a license. This means MAS does not protect Singaporean users if issues arise on the platform, s...
Exchanges debate building vs buying DeFi lenders as Kraken eyes 15% stake in Aave.
Exchanges are considering whether to build their own decentralized finance (DeFi) lending platforms or buy into existing ones, highlighted by Kraken's talks to acquire a 15% stake in Aave, a major DeFi lender valued around $385 million. This move ref...
Bitcoin dips below $59K amid ETF outflows and liquidations, testing key support zone.
Bitcoin briefly fell below $59,000 due to ETF outflows and forced liquidations, intensifying selling pressure across the crypto market. The drop pushed BTC to an intraday low near $58,189 before a slight rebound toward $60,000. Technical indicators r...
Strategy Inc. confirms Bitcoin focus after selling 32 BTC to cover obligations, then buying 1,550 BTC.
Strategy Inc., formerly MicroStrategy, sold 32 Bitcoin to meet preferred stock obligations, sparking investor concern due to it being the first sale since 2022. Leadership quickly reassured that the company's commitment to Bitcoin remains strong, emp...
Gold's dip seen as a buying chance, Bitcoin's drop signals a deflating bubble, says economist Peter Schiff.
Economist Peter Schiff distinguishes the recent price drops of gold and Bitcoin, viewing gold's decline as a buying opportunity while characterizing Bitcoin's fall as a deflating speculative bubble. Bitcoin slipped below $60,000 for the first time in...
Grant Cardone uses real estate cash flow to keep buying bitcoin amid price dips
Grant Cardone, CEO of Cardone Capital, is leveraging rental income from his real estate portfolio to steadily buy bitcoin through dollar-cost averaging, even as bitcoin prices fall. This approach contrasts with corporate bitcoin treasury strategies t...
Kraken denies plans to buy 15% of Aave at $385M valuation, says reports misrepresent talks.
Kraken's parent company Payward is reportedly in talks to acquire a 15% stake in Aave, valuing the DeFi protocol at $385 million. However, Aave founder Stani Kulechov rejected the reported valuation and terms, stating the deal as described is inaccur...
Metaplanet shares plunge 10% to 52-week low despite growing Bitcoin holdings.
Metaplanet's stock fell sharply to a 52-week low of ¥195 on June 26, down over 10% amid continued investor selloff. The company holds 40,177 BTC, one of the largest public Bitcoin reserves, having added over 27,000 BTC in the past year. Despite growi...
