XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance.
Key Takeaways
J.P. Morgan’s Kinexys infrastructure interacted with the XRP Ledger during a coordinated institutional settlement workflow.
Ripple received U.S. dollar proceeds in Singapore outside normal…
Coinbase said blockchain intelligence helped United Kingdom investigators secure five convictions after monitoring systems flagged a customer under duress during a robbery. Investigators traced crypto and additional fiat funds across accounts.
Key Takeaways
Coinbase…
More cryptocurrency investors were harmed after a guilty plea, with prosecutors saying additional funds were solicited while the fraud case remained pending sentencing. The scheme raised more than $10 million and resulted in a nine-year prison sentence.
Key…
After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining profitability since May 14. Conditions tightened further the next day when the difficulty adjustment arrived, pushing mining difficulty 3.12% higher than the previous epoch.
Key Takeaways
Bitcoin difficulty hit 136.61T on May 15 as miner…
BTC’s slide toward $76,000 pushed bitcoin sentiment into bearish territory, according to Santiment. The firm said retail pessimism hit its weakest level in nearly four weeks, a setup it views as supportive for a potential rebound.
Key Takeaways
Santiment said rising…
An alleged support impersonation scheme led to more than $13 million in cryptocurrency wallet losses, according to the DOJ. The case centers on fake support claims, unauthorized digital account access, wallet transfers, and laundering through luxury spending.
Key…
Ripple CEO Brad Garlinghouse shared why he sees XRP as unique, pointing to its speed, low cost, scalability, and long-running community support. He cited three-to-five-second settlement, fractions-of-a-penny transaction costs, and more than 4 billion completed transactions.
Key Takeaways
Garlinghouse said XRP stands out for its speed, low costs, and scalability.
Ripple’s CEO highlighted…
A delivery-worker ruse escalated into a violent cryptocurrency robbery case involving firearms, restraints, and an alleged gunpoint transfer of approximately $6.5 million from a victim’s accounts.
Key Takeaways
Authorities alleged attackers used delivery disguises to gain…
Owe Martin Andresen, a German national, faces money laundering charges after using a cryptocurrency-based payment processor to purchase gold bars and sending them to his home address. Adresen was the alleged admin of “Dream Market,” a darknet market that shut down in…
The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million.
Key Takeaways
Brazil’s Central Bank banned Banco Topazio for 2 years and fined it $3.2M over unchecked crypto…
