Asked on a podcast whether XRP holders could receive equity in a Ripple public offering, Brad Garlinghouse nodded and floated a “special arrangement.” It was vague, unpromised, and electrifying to a community starved for catalysts. Here is what it could actually mean, and what it almost certainly cannot. Summary Garlinghouse hinted at a possible “special
The two entities have launched an on-chain warehouse financing facility designed to bring traditional structure credit protections to crypto-backed lending. The veteran US exchange has tapped the 2019-founded Maple, one of the largest on-chain institutional asset management platforms with TradFi and crypto experience, to introduce a lending structure commonly used in traditional finance to
Pi Network is scheduled to release roughly 1.21 billion tokens this year, about 6.5 million a day, into a market already pinned near the coin’s all-time low. For the price to hold, something has to buy all of it. The question is what, and the honest answer is not comforting. Summary Pi Network faces roughly
“Your assets remain safe and secure, and will remain accessible at all times,” the exchange asserted. Binance and its issues with European regulators have become a major concern for its users lately. The big question now is whether the company will be able to comply with the local rules by July 1, and what
CoinEx has rejected claims that it helped Iranian state-linked entities move funds through its crypto exchange after a Wall Street Journal report cited $3.84 billion in Iran-linked transactions since 2019. Summary CoinEx denies state-linked Iran ties while promising stronger sanctions screening after WSJ’s $3.84b report. The exchange says on-chain flows alone do not prove platform
In crypto news today (June 25), BTC USD crashed below $60,000 late yesterday but has since recovered to $61,500, with nearly $1Bn in liquidations piling up and $780M of that $994M figure coming from long positions. The Bitcoin crash coincided with ETF flows seeing $469M exit the various BTC funds, the largest day of outflows
Meanwhile, RLUSD continues to rise in terms of usage and market cap, hitting $1.6 billion on CG. By extending its collaboration with long-term local partner SBI Group, Ripple has received approval from the Japanese Financial Services Agency (JFSA) to launch its stablecoin available in the country. The company’s Senior Vice President of Stablecoins praised
A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched. Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as
Bitcoin usage is surging despite weak prices, as Ordinals and Runes drive network activity while ETF outflows pressure BTC lower. Bitcoin network activity remains close to record highs, according to CryptoQuant’s Bitcoin Network Activity Index, even though the cryptocurrency is still trading below its all-time high. The index tracks metrics such as active addresses,
Abracadabra has started emergency measures after Magic Internet Money, its dollar-pegged MIM stablecoin, slid sharply below its $1 target. Summary MIM’s 50% slide pushed Abracadabra into emergency rate hikes across active and deprecated Cauldron markets. Borrowers now have a cheaper repayment window as Abracadabra tries to shrink outstanding MIM supply. Paused Curve bribes and incentives