XRP transactions jump 3x year-over-year, but price stays muted as daily network activity surges from approximately 1 million to nearly 3 million transactions. Summary XRP Ledger activity surged to nearly 3M daily transactions. Growth is driven by RWAs, stablecoins, and institutional flows. XRP price remains muted, down 39% year-over-year. The ledger data from XRPScan shows…
The US Securities and Exchange Commission has agreed to dismiss its civil fraud lawsuit against Nader Al-Naji, the founder of the BitClout blockchain project, now DeSo, according to a joint stipulation filed this week in the Southern District of New York. The SEC originally filed the lawsuit in July 2024, accusing Al-Naji of conducting an…
At the ETH Mumbai conference on 12 March, Vitalik Buterin didn’t talk about scaling upgrades or gas fees. Instead, he talked about AI and why it could become the next major security risk for crypto users. The Ethereum co-founder used his keynote to introduce a concept he calls CROPS AI, Censorship-Resistant, Open-Source, Private, and Secure…
Less than 1% of Australian crypto transactions were tied to illicit actors, even as the such entities in the country processed $50 billion in one year. Illicit activity accounts for only a small fraction of Australia’s cryptocurrency ecosystem, even as digital asset adoption continues to expand. According to the analysis by TRM Labs, less…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cloud mining narrative shifts toward AI infrastructure as platforms like NOW DeFi attract renewed investor interest. Summary NOW DeFi introduces a simplified cloud mining model for hardware-free participation. NOW DeFi integrates AI optimization, automated…
Elon Musk has forced out additional xAI co-founders and employees as the startup reorganizes after being acquired by his aerospace company, SpaceX, ahead of a potential initial public offering. xAI has been undergoing internal restructuring since mid-February after the merger. Musk confirmed several staff departures during an all-hands meeting last month, after co-founders such as…
The US Treasury just sanctioned 6 individuals and 2 entities for laundering cryptocurrency tied to North Korean (DPRK) IT worker schemes. The numbers are staggering. Nearly $800 million was generated in 2024 alone. All of it funneled directly into Pyongyang’s weapons programs. The network was operating from Vietnam, Laos, and Spain. North Korean operatives are…
Crypto losses fell to $49M in February, but attackers are shifting toward phishing and user manipulation, says Nominis. A report by blockchain security firm Nominis shows that in February, total losses from crypto attacks fell by 87%, going from $385 million in January to $49.3 million last month. However, while the drop in total…
CZ goes after Etherscan for displaying spam transactions from address poisoning scams, stating block explorers should filter out the malicious transfers completely. Summary CZ says block explorers should filter address-poisoning spam. A user received 89 poisoning alerts in 30 minutes after two transfers. Attackers use lookalike addresses and zero-value transfers to trick users. The former…
BlackRock’s digital assets chief Robert Mitchnick said that more than 90% of Bitcoin ETF investors, including retail, financial advisors, and institutions, have followed a steady accumulation strategy. Speaking to CNBC today, Mitchnick said retail investors “are some of the most long-term focused” and have tended to “buy the dip” when markets decline, while hedge funds…
