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Ripple CEO Says BIS Testing With XRP Ledger Is No Surprise to Him – Bitcoin News

Key Takeaways Garlinghouse highlighted XRPL’s low fees and settlement speed. Researchers tested a data-verification system on XRPL DevNet. The proof of concept did not constitute BIS adoption of XRPL. Garlinghouse Highlights XRP Ledger’s Technical Record Ripple CEO Brad Garlinghouse reacted on Sept. 4 after the Bank for International Settlements (BIS) published research describing a data-verification…

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Bitcoin Miners Unplug 23% as AI Revenue Surges 52%

This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The original article can be viewed here. Public miners analyzed by TheEnergyMag shed an estimated 56 EH/s of realized hashrate over the first half of 2026—a 15%…

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Bukele Denies El Salvador Transferred Its Bitcoin Reserve

Key Takeaways Bukele slammed false reports of a transferred bitcoin reserve, clarifying only Chivo shares were privatized. The IMF praised El Salvador’s economic growth and fiscal surplus, which Bukele credited to better security. Bukele ignored IMF claims that bitcoin reserves came from donations, as the country continues buying crypto. Bukele Denies El Salvador Transferred Its…

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Orionx Halts Operations After Audit Uncovers $7M Financial Hole

Key Takeaways Orionx halted withdrawals and is shutting down after a forensic audit revealed a $7M financial shortfall. Orionx filed criminal complaints against its founders for allegedly losing user funds in speculative trading. Regulators revealed Orionx operated illegally, leaving over 100,000 users with no guarantee of full refunds. Orionx Halts Customer Withdrawals Amidst $7 Million…

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