Author: Crypto Editor
At this time, the Southern District of New York (SDNY) hosted a closing standing convention listening to for the Twister Money case, the trial for which begins this Monday, 7/14. I (just about) attended the ultimate standing conf. for the Twister Money case as we speak. (I confirmed up for the in-person listening to, nevertheless it was modified to a digital one.)Right here’s what I discovered from the ultimate convo btw the decide, the prosecution, & the protection earlier than trial begins on Monday: pic.twitter.com/iiqBWK7NFq— Frank Corva (@frankcorva) July 11, 2025 The listening to was held just about, and attendees…
Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure The primary subject deployment of Ripple’s US-dollar stablecoin, RLUSD, as a drought-insurance rail has wrapped up in Laikipia North, Kenya. In keeping with an replace from Ripple Impression, the four-month “anticipatory help” experiment insured 517 pastoralists—roughly 70 p.c of them ladies—towards feed shortages that usually emerge after the long-rains season. Ripple Checks RLUSD in Kenya Support Pilot Ripple disclosed the result in a submit on X: “The Ripple Impression drought insurance coverage pilot in Kenya concluded, efficiently insuring 517 pastoralists (70% ladies) utilizing RLUSD. Satellite tv…
Briefly Bitcoin hit new highs on Thursday and Friday. Coinbase, main miners, and a lot of Nasdaq-listed crypto firms additionally shot up. BlackRock’s spot Bitcoin exchange-traded fund hit a file excessive through the week. The share costs of crypto-focused firms jumped this week amid the broader market upturn that despatched Bitcoin to a number of all-time highs and regardless of a lull on Friday in fairness indexes.Coinbase and Technique each rose about 9% and 12%, respectively, over the previous 5 days, in accordance with Yahoo Finance information. Inventory and crypto buying and selling platform Robinhood climbed 5%. The inventory costs…
The variety of crypto wallets holding at the very least 1 million XRP tokens has reached an all-time excessive, coinciding with a 26% surge in XRP’s worth over the previous week.“Not solely are there extra XRP whales than ever, however the complete provide they maintain can be growing,” onchain analytics platform Santiment mentioned in a report on Friday, noting that the variety of wallets holding over 1 million XRP (XRP) tokens has surged to a brand new all-time excessive of two,743.47.32 billion XRP tokens at the moment are held by whales“XRP can be exhibiting indicators of power,” Santiment mentioned. “This…
On the time of writing, solana is buying and selling at round $166.28, up 6.23% prior to now 24-hour interval, in accordance with CoinDesk Analysis’s technical evaluation mannequin. Upexi (UPXI), a Tampa-based client manufacturers firm listed on Nasdaq, introduced Friday it has secured roughly $200 million in new financing by a mixture of fairness and convertible observe choices. A portion of the proceeds will assist Upexi’s current operations, whereas the remaining might be used to develop its cryptocurrency treasury, with a selected concentrate on Solana .As a part of the fairness part, Upexi raised $50 million from accredited and institutional…
Crypto scammer will get 12 years for ignoring $20M restitution order Decide highlights Truglia’s lavish life-style and lack of reimbursement SIM-swapping assault led to $24M loss for investor Michael Terpin Nicholas Truglia, who was discovered responsible of masterminding a high-profile crypto rip-off, has been sentenced to 12 years in jail after he defaulted on paying over 20 million {dollars} to his sufferer, Michael Terpin, as restitution. The court docket drastically escalated the preliminary 18-month sentence after discovering Truglia responsible of wire fraud in 2022 for a SIM-swapping hack. A jury convicted Truglia, 27, for taking part in a scheme that…
Be a part of Our Telegram channel to remain updated on breaking information protection Robinhood Crypto LLC is being investigated by Florida’s legal professional basic, which accuses it of deceptive clients in regards to the platform’s prices. In line with a July 10 assertion by Florida’s legal professional basic’s workplace, Robinhood’s claims to be the “least costly method to buy crypto” are “misleading” and lack any substantiating proof. Robinhood Crypto Issued A Supoena As a part of the investigation, the buying and selling agency has been hit with a subpoena by the legal professional basic demanding all advertising materials and…
In response to a brand new report, Binance wrote the supply code for USD1, the brand new stablecoin from the Trump family-linked World Liberty Monetary. The report alleged Binance’s deep involvement in USD1’s creation, promotion, and passive returns. Former Binance founder CZ has refuted the claims. Sadly, there isn’t a smoking gun in both route. The report cites nameless sources, however CZ’s and World Liberty Monetary’s statements don’t deal with the factual claims. Is Binance Working with Trump? The connection between Binance, the world’s largest crypto alternate, and President Trump’s crypto empire is a hazy one. There are a number…
Ethereum Basis bought 10,000 ETH to SharpLink for $25.7M to help core initiatives. SharpLink inventory soared after the information, because it pivots into an ETH-heavy treasury technique. Joseph Lubin in contrast the transfer to Michael Saylor’s Bitcoin play, betting huge on Ethereum’s future. Ethereum Basis Sells 10,000 ETH—To a Acquainted Face The Ethereum Basis simply offloaded 10,000 Ether for a cool $25.7 million—yep, $2,572 a chunk—and the customer? None apart from SharpLink Gaming Inc., now led by Ethereum co-founder Joseph Lubin. This isn’t just a few random purchase; it comes at a time when the EF has taken warmth for…
Rising by 8.27% over the previous seven days, Bitcoin (BTC) peaked above $118,856 on July eleventh, setting a brand new all-time excessive (ATH). Because the main cryptocurrency seems able to develop even additional, a mission presently in its presale, Bitcoin Hyper (HYPER), goals to completely rework Bitcoin from primarily a retailer of worth into a flexible blockchain. The mission’s bold purpose noticed its meme token presale rake in $2.3 million in early investments, as traders present rising curiosity in HYPER. This publication is sponsored. CryptoDnes doesn’t endorse and isn’t chargeable for the content material, accuracy, high quality, promoting, merchandise or different…