Category: crypto
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XRP supporters up in arms after Litecoin’s sarcastic “rotten egg” jab
The XRP community strongly pushed back against Litecoin after a controversial tweet comparing XRP to rotten eggs. The tweet mocked XRP’s banking solution promotion and CEO Brad Garlinghouse. XRP supporters criticized the remarks, hinting at legal action. Litecoin defended its comments as part of a series of lighthearted roasts targeting various blockchain projects. The incident…
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US leads $2.48 billion crypto inflow as Ethereum outshines Bitcoin in August
Global crypto investment products saw a positive turnaround last week with $2.48 billion in net inflows. This pushed August’s total net inflows to $4.37 billion and year-to-date commitments to $35.5 billion. Ethereum attracted the most capital, with $1.4 billion in new investments, signaling a tactical shift away from Bitcoin. Other altcoins like Solana and XRP…
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Trump-backed token WLFI launches with $7.4B valuation, sends Ethereum gas fees soaring
Donald Trump’s cryptocurrency initiative, World Liberty Financial, launched on Sept. 1 with a market valuation above $7.4 billion, leading to heavy trading in its opening hours. The token, WLFI, saw a 13% increase shortly after launch, with a trading volume exceeding $1.8 billion. Interest in the token spiked Ethereum gas fees, indicating significant interest from…
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Hoskinson pushes for Chainlink, Aave and USD1 to rescue Cardano’s weak DeFi scene
Cardano founder Charles Hoskinson plans to partner with major protocols like Aave, Chainlink, and World Liberty Financial’s stablecoin USD1. These partnerships are crucial for strengthening Cardano’s ecosystem and ensuring competitiveness. USD1 is gaining institutional adoption, Aave could transform lending, and Chainlink provides secure data connections. Integrations are needed to prevent Cardano from falling behind.
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Bitcoin wipes $196 million in long bets as price tests $107k safety net
Bitcoin rose 2% on Monday, reaching near $110,000 before easing back. Over $274 million in crypto liquidations occurred in 24 hours, with long positions being more affected. The market saw gradual retracement over two weeks, with attention on maintaining support at $107,000. Bitcoin’s market cap is $2.17 trillion.
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Sonic approves $150M US push in response to steep token downturn
Sonic community members have voted in favor of expanding into the United States and strengthening ties with traditional finance. This includes creating a US subsidiary, launching an exchange-traded product, and implementing new financing structures. The plan also includes changes to fee distribution to reward active participants and create a deflationary supply model.
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What’s behind XRP’s move to DeFi?
Vincent Maliepaard, Marketing Director at Sentora, discusses XRP’s growth in 2025, reaching all-time high prices and expanding its narrative. Legal victories and institutional interest have fueled this growth, with developments such as the RLUSD stablecoin and XRPL EVM sidechain contributing to XRP’s adoption in the DeFi ecosystem. Additionally, the concentration of institutional ownership and developments…
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Does digital ID have risks even if it’s ZK-wrapped?
Evin McMullen, co-founder & CEO at Billions.Network, argues that zero-knowledge (ZK)-wrapped digital identity is not a solution due to the risks of coercion and loss of pseudonymity. Vitalik Buterin supports this argument, advocating for a pluralistic and decentralized model of digital identity using Profile DIDs. This approach is already in use by over 9,000 projects,…
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The battle between Bitcoin Core vs Knots is getting ugly
The controversy between Bitcoin Core and Bitcoin Knots over the removal of the 80-byte limit on OP_RETURN data in the upcoming v30 release highlights ideological differences about the purpose and function of Bitcoin. Supporters of Core argue for innovation and user freedom, while Knots backers warn of blockchain bloat and centralization. The dispute may lead…
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BitMEX CEO Stephan Lutz on leading crypto’s perpetual playground
Stephan Lutz, the CEO of BitMEX, discusses his background and journey in the crypto industry. He highlights BitMEX’s focus on derivatives and security measures, such as the copy trading feature. Stephan also talks about potential U.S. market expansion and upcoming plans for BitMEX in 2025 and beyond.