Category: crypto

CoinShares’ latest fund flow report reveals that digital asset investment products had the second-lowest weekly inflows in eight weeks, totaling $270 million. Ethereum and XRP outperformed Bitcoin, with Ethereum attracting $634 million in inflows and XRP seeing a record inflow of $95 million. The US and Hong Kong led in inflows, while Switzerland and Canada…

TRON, owned by Justin Sun, invested $30 million in World Liberty Financial tokens, benefiting President-elect Donald Trump and his sons. Trump and his family have been promoting the company, aiming to raise $300 million but only achieving $21 million until Sun’s investment. The Trumps will receive at least $15 million, with Sun becoming an adviser…

Justin Sun, founder of TRON and Advisor to HTX, held a press conference in Hong Kong to celebrate his acquisition of the iconic artwork “Comedian” by Maurizio Cattelan for $6.24 million. The event highlighted the intersection of art, memes, and crypto culture, with discussions on the implications for blockchain and digital art.

Over the weekend, Ripple’s XRP surged past $2 for the first time in seven years, reaching a peak of $2.50 before stabilizing at $2.27. This increase of 20% in a day and 54% in a week has pushed XRP to the fourth spot in terms of market capitalization, surpassing Solana. South Korean traders played a…

Former Binance CEO Changpeng Zhao expressed interest in receiving a pardon from President-elect Donald Trump. Despite not planning to return as CEO, Zhao stated he would welcome a pardon. Industry leaders have also supported Zhao’s pardon, believing it could benefit the crypto sector’s growth. Trump has not made an official statement on the matter.

Ripple Lab’s new stablecoin, Ripple USD (RLUSD), is set to be approved by the NYDFS and launched by December 4. This launch comes amidst Ripple’s legal battle with the SEC over XRP. RLUSD aims to provide a stable alternative to XRP and will be backed by reserves with regular audits.

The Fifth Circuit Court of Appeals ruled that the Treasury Department’s sanctions on Tornado Cash’s immutable smart contracts were invalid, as the code cannot be considered “property”. This decision sets a precedent for decentralized protocols beyond traditional property laws. While balancing privacy and security concerns, the court urged Congress to update laws to address modern…

During an event, Justin Sun, the founder of Tron, ate a $6.2 million banana duct-taped to a wall. He discussed the connection between art, NFTs, and blockchain, drawing parallels between them.

North Korean hackers are stealing cryptocurrency and sensitive corporate data by impersonating venture capitalists and IT workers. They use AI-generated profiles and malware to infiltrate global organizations. The hackers focus on aerospace and defense firms, posing as recruiters and stealing millions in cryptocurrency. Companies are urged to enhance employee verification processes to combat these threats.

XRP’s price surge is attributed to leverage-driven pump, with potential for correction. XRP’s 16.4% increase in 24 hours makes it a top performer. The rise is linked to Trump’s potential return and Gensler’s SEC departure. Ripple’s ongoing legal battle with the SEC may impact XRP’s status as a security. Ripple’s recent investments and developments are…