Poland’s state energy company Orlen lost hundreds of millions of dollars after a covert plan to buy discounted Venezuelan crude using tether collapsed. Disappearing Millions and USB Drives A clandestine attempt by Poland’s state-controlled energy giant to purchase discounted Venezuelan crude using cryptocurrency has collapsed into one of the largest corporate and political scandals in …
Continue reading “How $230M in Crypto for Venezuelan Oil Vanished on USB Drives”
A group of Democratic senators says the failed Senate vote on the CLARITY Act will not end efforts to establish a federal framework for cryptocurrency markets. The lawmakers pledged to continue bipartisan negotiations aimed at passing the legislation. Democratic Senators Renew CLARITY Act Push The push for comprehensive U.S. cryptocurrency legislation remains active despite this …
Continue reading “7 Democratic Senators Vow to Keep Pushing CLARITY Act After Setback”
Ripple Chief Legal Officer Stuart Alderoty says XRP’s U.S. regulatory status remains clear following years of litigation and federal agency guidance. He pointed to the 2023 federal court ruling and a March SEC-CFTC interpretation naming XRP a digital commodity. Alderoty Says Ripple and XRP Stand on Settled Ground XRP’s legal and regulatory position remains intact, …
Continue reading “Ripple Says XRP Is Not a Security, Recognized as Digital Commodity”
The attackers claiming to be behind the Revolut breach have dropped the earlier bitcoin demand and are now asking for 6,000 XMR, roughly $3 million, to keep 680 customer files off the market. According to the hackers speaking exclusively with the Financial Times (FT), Revolut didn’t lose customer data because hackers cracked its servers. The …
Continue reading “The Attackers Who Deceived Revolut Now Demand 6,000 XMR”
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More than 4 gigawatts of artificial intelligence and high-performance computing capacity are under contract across publicly traded miners tracked by CoinShares, but only about 550 megawatts are currently billing. Still, investors are assigning a steep premium to …
XRP fell more than 8% after the Senate blocked a key crypto bill, even as the token’s existing US regulatory treatment remained intact. CryptoSlate data showed XRP falling as low as $1.27 before recovering to about $1.29 as of press time, extending a decline from roughly $1.42 on Sept. 14. The selloff coincided with broader …
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between successive slots, expanding both transaction capability and network responsiveness. The upgrades come as activity across Solana accelerates, raising the …
Continue reading “Solana triples transaction size as major upgrades meet record network activity”
Bitcoin faces a compressed volatility test as the Federal Reserve’s rate decision lands two days before a major IBIT options expiry. The Fed will release its policy statement at 2 p.m. ET Wednesday, followed by Chair Jerome Powell’s press conference and a fresh Summary of Economic Projections. Any move in Bitcoin will then run into …
Continue reading “Bitcoin’s Fed move could run straight into a $6.3 billion IBIT options wall”
Two Robinhood engineers were charged with using confidential token-listing information to place profitable crypto derivatives trades on Hyperliquid. On Sept. 15, the Federal prosecutors accused Hefu Chai and Huaisong “Jerry” Xiang of trading perpetual futures tied to tokens they allegedly knew Robinhood Crypto planned to list, earning more than $50,000 each. These charges extend insider-information …
Continue reading “Robinhood engineers face up to 30 years over $50,000 alleged Hyperliquid profits”
Solana treasury company DeFi Development Corp. has opened an at-the-market program for up to 30 million CHAD preferred shares, creating an optional financing channel that could support further SOL purchases alongside other corporate uses. Related Reading Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts CHAD is variable-rate …
The XRP Ledger (XRPL) validated 3,254 transactions in ledger 106,965,249 on Sept. 13, giving the network a high-count mainnet result with a highly concentrated workload. The ledger closed at 20:51:50 UTC, with 20 submitting accounts supplying 2,000 successful one-drop XRP payments, with each account submitting exactly 100 payments. The batch delivered 0.002 XRP. Vet, an …
Ripple says the CLARITY Act’s failure does not alter XRP’s established legal position or disrupt its business. The company is emphasizing continued demand across payments, stablecoins, and institutional markets while broader U.S. crypto legislation remains unresolved. XRP’s Position Remains Unchanged After Senate Vote The CLARITY Act failed its Sept. 15 Senate test, but the result …
Continue reading “What CLARITY Act’s Failure Means for XRP, Ripple and Investors”
Bitcoin can continue gaining institutional ground even with the CLARITY Act stalled in Congress, according to Strategy Executive Chairman Michael Saylor. He expects regulators to advance rules under existing law and banks to expand bitcoin custody and loans. Saylor Says Bitcoin Progress Does Not Depend on Congress Bitcoin’s integration into the U.S. financial system can …
Continue reading “Saylor Sees Bitcoin Winning as Regulators Move Without Congress”
Ripple CEO Brad Garlinghouse says there is still reason for optimism about U.S. crypto after the CLARITY Act failed to advance, pointing to continued SEC and CFTC rulemaking while stressing that the company’s business momentum remains intact. Garlinghouse Looks Beyond Failed Senate Vote Ripple CEO Brad Garlinghouse is looking beyond Congress after the CLARITY Act …
Continue reading “Ripple CEO Sees Reason for Crypto Optimism After CLARITY Act Defeat”
X is turning Cashtags into a more direct bridge between market conversation and trade execution. U.S. users can now move from a stock or crypto ticker on the platform to a participating brokerage or exchange with a single tap. Coinbase, Kraken Join X Cashtags as U.S. Trading Links Go Live X is pushing deeper into …
Continue reading “Elon Musk’s X Adds One-Tap Trading Links to Stock and Crypto Cashtags”
