Pond.fun hacked by insider; Chainalysis and Elliptic tapped to block funds’ withdrawal

Pond.fun, the meme coin launchpad hosted on Linea, has been hacked by the project’s chief software engineer.  According to Pond.fun’s official disclosure on X, Pond.fun has been hacked this morning, with the initial on-chain and off-chain evidence pointing to a software engineer on Pond.fun’s team. The platform told users to avoid interacting with pond.fun in…

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Ripple CTO Unveils Hidden XRP-Memecoin Connection on XRPL

XRP price shifts directly impact XRPL meme coins due to automated liquidity pools, causing their values to move in sync. External factors like investor sentiment, speculative trading, and crypto whale activity can push XRPL meme coin prices beyond XRP’s influence. Ripple’s Chief Technology Officer, David Schwartz, has shed light on how XRP’s price fluctuations directly…

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Blockchain Investigator Finds 2.7B XRP in Dormant Wallets—Tied to Ripple Co-Founder?

Dormant XRP wallets linked to Ripple’s co-founder reactivated, moving $109M to exchanges. Unclear motives behind the transfers spark speculation amid growing governmental crypto adoption. Despite XRP recording 511,000 new wallet additions and 2,300 whale transactions during a market rally, CNF reports that long-dormant wallets have suddenly become active. After years of inactivity, these wallets transferred…

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ARM to sign $250M chip deal with Malaysia

Malaysia has become a hotspot for chip manufacturing due to increasing tensions between the U.S. and China, especially around the development of semiconductors used for AI applications. Predictably, tech firms around the world have been looking to diversify their source of chips, and ARM Holdings is now hoping to make the most of this opportunity….

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