The big elephant in the XRP ETF room is back. In a rather interesting week in terms of reveals of who owns shares of the spot XRP ETFs, the funds actually ended it in the green, but only one day saw any action. This is a recurring development that has frequently emerged, and the…
Meta CEO Mark Zuckerberg published a 6,500 word essay this week declaring that “The Future is for Everyone” and painting an optimistic picture of a future powered by AI, where “everyone will have an exceptionally capable personal agent that understands you, your goals, and everything you care about.” On the latest episode of TechCrunch’s Equity…
Key Takeaways Safepal suffered a data breach exposing the personal details and shipping addresses of 39,798 users. While wallet keys remain safe, the leaked addresses leave users vulnerable to physical wrench attacks. Safepal secured the flaw but faces harsh criticism for delaying disclosure despite prior scam reports. Safepal Discloses New Customer Data Incident: Almost 40K…
An unnamed XRP Ledger startup being developed by former Ripple staffer Bias Goose will use RLUSD as a primary financial rail, according to a series of public posts published since Aug. 8. Summary RLUSD will underpin the unnamed XRP Ledger startup, according to former Ripple staffer Bias Goose. Bias Goose says the project will avoid…
Singapore has decided that one way to teach people how not to fall for scams is to let them experience one first. A simulated one, thankfully. Singapore’s Cyber Security Agency is running a six-month National Simulated Scams Exercise, in which volunteers receive simulated robocalls designed to mimic government impersonation scams. The pilot runs through Aug….
South Korean prosecutors initially sought 20 years, but Delio CEO Jeong Sang-ho ultimately received 15 years for the crypto fraud case. South Korea’s Seoul Southern District Court has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after finding him guilty of fraud involving nearly 70 billion Korean won ($49.2 million) in customer…
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Key Takeaways FXRP now collateralizes XRP options, perpetuals and spot trades. Derive settles XRP options in USDC instead of delivering XRP. Portfolio margin combines positions under one FXRP collateral balance. FXRP Opens Onchain XRP Derivatives Access XRP holders can now use FXRP as collateral for options, perpetual futures and spot trades on Derive, Flare announced…
