NEW YORK FINANCIAL REGULATOR SAYS PAXOS TRUST REACHES $48.5 MILLION SETTLEMENT OVER ANTI-MONEY LAUNDERING AND DILIGENCE FAILURES RELATED TO BINANCE –

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Whale Sell-Offs Drive Bearish Sentiment for XRP Amid $6 Billion Divestment

14:02 07-08-2025 （5 hours ago）

Significant sell-offs by whale wallets have triggered bearish sentiment for XRP, with large holders liquidating approximately $6 billion worth of tokens in recent transactions. This substantial divestment reflects shifting sentiment among major investors and exerts downward pressure on the asset. Wallet holders controlling between 1 million to 1 billion XRP reduced their collective holdings from 10 billion to 8 billion...

CrediX Recovers $4.5M Stolen Crypto Through Exploiter Settlement, Plans User Refunds

09:02 05-08-2025 （2 days ago）

Cryptocurrency platform CrediX announced the recovery of $4.5 million in stolen assets through a private settlement negotiated directly with the exploiter, pledging full refunds to affected users within 48 hours. The breach involved compromised access to a Cash-funded wallet as identified by blockchain security firm Cyvers. This incident occurred amid escalating crypto exploits, with industry data from CertiK revealing $2.47...

LetsBonk Surpasses Pump.fun as Dominant Meme Token Platform on Solana

20:45 04-08-2025 （3 days ago）

LetsBonk has emerged as the leading platform for meme tokens on the Solana blockchain, capturing approximately two-thirds of the market share. This surge overtakes previous frontrunner Pump.fun and is primarily driven by enhanced incentives for creators and a significant increase in new token launches on the platform. The primary indicator of LetsBonk's dominance is its commanding market share, which exceeds...

KakaoBank Prepares Stablecoin Launch Amid Regulatory Shifts and Institutional Demand

03:46 07-08-2025 （15 hours ago）

KakaoBank, South Korea's largest digital bank, is advancing plans to enter the stablecoin market with asset issuance and custody services. The initiative is spearheaded by an internal Stablecoin Task Force as the bank aligns with the country's progressive regulatory shift under President Lee Jae. The institution, serving over 25.86 million users across nearly half of South Korea's population, has seen...

Corporate Filings Reveal Surging Institutional Adoption of XRP

04:18 07-08-2025 （15 hours ago）

XRP is experiencing heightened institutional interest as multiple corporations disclose significant holdings and strategic allocations in regulatory filings, signaling growing corporate integration of the digital asset. Flora Growth Corp. disclosed XRP holdings alongside Ethereum and Solana in a Form 10-Q filing, citing the cryptocurrency's role in optimizing its financial structure. Separately, Hyperscale Data Inc. announced in a Form 8-K that...

Phishing Scams Cost Crypto Investors Over $1 Billion in 2024

10:12 06-08-2025 （1 day ago）

Cybercriminals stole more than $1 billion through phishing attacks targeting cryptocurrency investors during 2024, according to security analyses. The criminal operations exploited human vulnerabilities across 296 documented incidents, primarily using fraudulent links to harvest sensitive information like private keys. One prominent case involved a single investor losing $3 million after interacting with a malicious phishing scheme. Attackers commonly impersonate legitimate...

BitMine Acquires Billions in Ethereum, Signaling Surging Institutional Confidence

05:15 05-08-2025 （3 days ago）

Crypto mining firm BitMine has significantly expanded its Ethereum holdings, acquiring 208,137 ETH in a single week. This aggressive purchase brings BitMine's total Ethereum reserves to 833,137 ETH, valued at over $3 billion based on current market prices. The substantial accumulation underscores a marked increase in institutional confidence surrounding Ethereum (ETH). Following the news and broader market sentiment, the price...

Solana Mobile Ships Seeker Smartphone with Native Blockchain Features and Unveils SKR Token

00:28 05-08-2025 （3 days ago）

Solana Mobile has initiated shipments of its Seeker smartphone and simultaneously introduced the SKR token to incentivize participation in its mobile Web3 ecosystem. The Seeker device integrates native blockchain capabilities as a core design element, distinguishing it from conventional smartphones and enabling direct engagement with decentralized applications. The newly announced SKR token enables holders to participate in ecosystem governance while...

Ethereum Open Interest on Binance Soars to Record $8.7 Billion Signaling Strong Bullish Sentiment

09:02 05-08-2025 （2 days ago）

Binance has reported unprecedented Ethereum derivatives activity, with open interest reaching an all-time high of $8.7 billion. This milestone represents nearly 3.5 times the $2.5 billion peak observed during the 2021 bull market. Market analysts interpret this surge as strong bullish momentum despite ongoing price consolidation. ETH currently trades between technical support at $3,380 and resistance near $3,874, with potential...

Shiba Inu Announces Community Election for Presidential Role to Drive Decentralization

09:09 06-08-2025 （1 day ago）

Shiba Inu has declared an unprecedented election to appoint a president for the SHIB state ecosystem, reinforcing its commitment to complete decentralization through structured community governance. The vote represents a milestone in transferring operational authority to token holders and embodies the project's shift toward participatory decision-making frameworks. Candidates will be selected via decentralized autonomous organization (DAO) voting sessions conducted primarily...

XRP Holds Above $3 Post $4 Rally Fueled by Bullish Sentiment and Ripple License Bid

01:22 06-08-2025 （2 days ago）

XRP is currently trading above the significant $3.00 psychological support level, following a notable rally that propelled its price to $4.00 earlier. This upward movement represents a successful bullish retest of the cryptocurrency's breakout from a multi-year technical wedge pattern. Market sentiment appears strengthened by substantial whale activity, highlighted by a significant holder closing a major $1.35 million short position...

James Howells Announces Ceiniog Coin Project to Extend Bitcoin Blockchain Capabilities

07:20 05-08-2025 （2 days ago）

British IT professional James Howells, known for his accidental loss of 8,000 Bitcoins over a decade ago, has unveiled plans for Ceiniog Coin—a new digital currency designed to integrate directly with Bitcoin's blockchain. The project will utilize Bitcoin's OP_RETURN function alongside protocols including Stacks, Runes, and Ordinals to expand the network's functionality. This integration aims to introduce advanced features such...