Ripple vs SEC Case Is Finally Over! XRP Skyrockets!
TL;DR Legal Closure: Ripple and the SEC officially withdraw all appeals, cementing a $125 million penalty and an institutional XRP sales ban. Price Surge: XRP jumps
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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Binance Links Up With BBVA to Keep Customer Funds Off-Exchange
TL;DR Custody Model: BBVA will serve as an independent custodian for Binance clients, holding their assets off-exchange in U.S. Treasury securities. Binance then uses these holdings
Tether Acquires Stake in Spanish Exchange Bit2Me in €30M Deal
TL;DR Transaction: Tether acquires a minority stake in Bit2Me and leads a €30 million funding round to accelerate the Spanish exchange’s EU and Latin American expansion.
JPMorgan Expands Blockchain Push With New Repo Trading Platform
TL;DR Platform Overview: JPMorgan’s intraday repo solution, built on the Kinexys blockchain in partnership with HQLAx and Ownera, enables minute-precise settlement and full lifecycle automation for
Ripple Makes Power Move: Acquires Rail to Control 10% of Global Stablecoin Transfers
TL;DR Acquisition Details: Ripple is set to acquire Rail, a stablecoin payments platform, for two hundred million US dollars to capture ten percent of global stablecoin
Etherex Launches REX Token on Linea with Anti-Bot Fee Decay Model
TL;DR Launch Overview: REX went live on Linea on August 6 through an Etherex DEX created with Consensys and Nile, powering a smarter DeFi stack. Tokenomics:
Phishing Alert: Aave Users Targeted After Record Net Deposits
TL;DR Incident Summary: Aave surpassed $60 billion in net deposits only to face a large-scale phishing campaign delivered via malicious Google Ads impersonating the protocol’s official
Tornado Cash Case Update: Roman Storm Found Guilty
TL;DR Verdict: Roman Storm was convicted on the charge of unlicensed money transmitting after four days of jury deliberations in the Southern District of New York,
Another Bitcoin Company Goes Public: Parataxis Merges With SilverBox SPAC
TL;DR SPAC Deal: Parataxis merges with SilverBox Corp IV via a business combination that could raise up to $640 million to fund a disciplined corporate bitcoin
Stablecoin Supply Hits $368B With Record-High Settlement Volumes in July
TL;DR July settlement volumes surpassed $1.5 trillion, marking the highest monthly record since data collection began and reflecting growing use across DeFi protocols. Circle USD Coin
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