Large XRP transactions skyrocketed over the past day, which just adds more to the Ripple whale picture but the price keeps struggling. Although BTC has recovered slightly from the weekend slumber and sits above $64,000, Ripple’s native token has failed to join the rather modest ride and continues to fight for the $1.00 support;…
South Korea has ordered access to Polymarket to be blocked after regulators found that the crypto-based prediction market provides an illegal gambling environment to domestic users. Summary South Korea has ordered access to Polymarket to be blocked over illegal gambling concerns. Regulators said Polymarket’s winner takes all structure encourages speculative gambling behaviour. Polymarket argued that…
Ripple has partnered with Jeonbuk Bank to deploy Ripple Payments for cross-border business remittances. This is making the lender the first regional bank in South Korea to adopt the service. Ripple also stated that the deal is its third Korean partnership this year, following agreements with KBank and Kyobo Life Insurance. The service is intended…
The quant trading heavyweight rebuilt its Bitcoin ETF exposure during the second quarter, with BlackRock’s fund accounting for most of the position. Jane Street – the popular quant trading firm with a heavy orientation toward crypto – disclosed more than $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of…
Compound Foundation announced a new leadership team and a DAO approved $52 million development program on Aug. 17, targeting institutional credit and real world assets. Summary Compound DAO approved a $52 million two year program focused on institutional credit and infrastructure. Only $14 million is available initially, while $38 million remains subject to specific delivery…
Cardano price fell about 1% to $0.174 as traders weighed a two-stage Dijkstra upgrade roadmap against a bearish chart structure and nearby liquidation risks. Summary Cardano price traded near $0.174 after breaking below a rising channel on the 4-hour chart. Cardano’s Dijkstra upgrade will roll out in two phases, beginning with protocol version 12. The…
Analysts see further downside for XRP as $0.65 remains possible. A move above $1.081, however, could shift short-term momentum. XRP has struggled to hold its ground in August and is facing renewed downside risk after slipping below the psychologically important $1 level. Analysts are now warning that the crypto asset could have further room…
Truth Ventures CEO Varun Datta has urged crypto investors not to demand recurring revenue from seed-stage companies, as RootData has listed 99 crypto projects that closed, entered bankruptcy, or became inactive in 2026. Summary RootData listed 99 crypto projects as closed, bankrupt, or inactive by late July. Galaxy recorded $4 billion across 355 crypto venture…
The SEC canceled a planned vote on its Regulation Crypto framework, citing an unforeseen scheduling issue. The proposal could create exemptions for crypto startups raising capital outside traditional securities rules. However, the delay changes nothing legally. No safe harbor has been created, and no new offering regime is currently in force for crypto companies. Token…
World Liberty Financial has received preliminary OCC approval to establish a national trust bank that would issue USD1, manage its reserves, and provide digital asset custody across the United States. Summary World Liberty Trust must satisfy OCC requirements before it can begin banking operations. The proposed Florida-based bank would take over USD1 issuance and reserve…
