Crypto

Ripple’s XRP is undergoing a corrective phase after its explosive breakout from the $1 region. While the broader structure has improved substantially, fading momentum below the $1.45-$1.55 resistance zone suggests the market may need a deeper pullback or additional consolidation before attempting another sustained advance. XRP Price Analysis: The Daily Chart On the daily timeframe, […]

Three consortia will run the service, sharing up to 512 Nvidia B200 chips supplied by the state, with beta testing due in September.

Malicious actors exposed two decentralized finance (DeFi) lenders to over $84 million in losses over four days, using variations of a price-manipulation strategy previously targeted by US regulators. The larger incident hit Tectonic on the Cronos blockchain, where security firm GoPlus estimated roughly $75 million was affected. Three days earlier, Moonwell’s MAMO lending market on […] The post DeFi protocols just lost $83 million to an attack financial regulators already warned about appeared first on CryptoSlate.

Ripple's four-stage quantum security roadmap targets 2028 completion. Here's what it means for XRP price action and where traders are rotating capital. The post Ripple Unveils 4-Stage Quantum Security Plan: Is XRP Set to Benefit? appeared first on Cryptonews.

The million dollar question is what prompted a Bitcoin OG to send 20 BTC to a custodian, retrieve it back, and then deliberately burn it? In March, someone moved $1 million worth of Bitcoin through a large crypto custodian. Three weeks later, almost exactly the same amount came back. Incredibly, less than two months after that, the Bitcoin was deliberately destroyed. The wallet had been dormant for almost 12 years before it suddenly sprang back to life. Bitcoin educator Bennet noted it sent 20.00010537 BTC to “a custodian of some kind” before receiving it back again (minus $3 or so). The mystery BTC transaction is part of a wider enigma surrounding 107 BTC burned in May, worth roughly $8.5 million at the time. Read more

Eligible assets for the new accounts include listed stocks, bonds, and ETFs, with providers handling tax reporting to simplify investor compliance.

Japan’s FSA requested to exempt trust-type stablecoins from mandatory tax filings starting in fiscal year 2027, arguing that it would improve their use as transaction tools. Japan’s Financial Services Agency (FSA) submitted a request to exempt trust-type stablecoins from mandatory tax filings starting in fiscal year 2027. Japan’s FSA urged regulators to exempt trust-type stablecoins from submitting beneficiary-by-beneficiary trust reports and calculation statements that include the beneficiaries’ names and income, as part of its tax-reform request for the new fiscal year, issued on Saturday. The agency argued that trust-type stablecoins circulate among a broad number of users, are used for frequent and numerous transactions and that users can not earn income from holding these assets. Read more

The Japanese Bitcoin treasury company has transferred 10,270 BTC to Coinbase Prime this week, an amount equal to more than 29% of its reported holdings. Metaplanet, the fourth-largest corporate Bitcoin treasury, moved 4,800 BTC worth nearly $377 million to Coinbase today, triggering speculation about the company selling its holdings. According to Arkham Intelligence data, Metaplanet transferred 4,800 BTC to Coinbase Prime today, following the company’s transfer of 2,000 BTC worth $155.5 million two days ago, another series of transfers three days ago totaling 3,331 BTC worth nearly $266 million and lastly a transfer from six days ago moving 139 BTC worth $11.1 million. In total, those deposits amounted to 10,270 BTC worth approximately $806.3 million this week alone. Blockchain data-specialized X profile Onchain Lens shared the data suggesting that Metaplanet moved the Bitcoin “likely to sell.” Another market observers claimed that the company may be using the exchange as a custodian instead. Cointelegraph fo...

It's a crypto-accumulation day today, as Strive has joined Strategy and Bitmine.

Cardano and Blockforce have anchored over 500,000 supply-chain records, pairing public proof with private commercial data for enterprises. The post Cardano News: ADA Anchors 500,000 Supply-Chain Records for Public Proof appeared first on Cryptonews.

Company Chairman Lee said crypto’s recent outperformance could draw more institutional investors.

The largest Ethereum accumulator has ramped up its efforts.

Strategy added to its BTC treasury for the first time in two months, while continuing to bolster its cash reserves and buy back its perpetual STRC preferred stock. Michael Saylor’s Strategy acquired 4,603 Bitcoin for $370 million, marking the first acquisition from the largest corporate Bitcoin holder in two months. Strategy acquired 4,603 Bitcoin (BTC) at an average purchase price of $80,318, pushing its holdings to 845,050 BTC, acquired for a total of $63.3 billion at an average price of $75,413, according to a Monday 8-k filing with the Securities and Exchange Commission. The Bitcoin purchase was funded by the net proceeds of a 602 million MSTR common stock sale. The company used $30 million of the net proceeds to increase its USD Cash reserve and $151.8 million to repurchase its preferred STRC stock. Read more

The shares are already issued and may never be sold, while loan, treasury and cash risks remain. The post Bitcoin treasury company registers 93% of shares for resale and puts third of its crypto into options appeared first on CryptoSlate.

Vlad Tenev’s new blockchain is soaring in all metrics as memes paired with tokenized stocks start to take off.

The 4,603 BTC cost an average of $80,318, some 29% above what the company took for the coins it sold this summer.

It's the first week of bitcoin purchases for the Michael Saylor-led company in about two months.

The purchase came after Saylor's major hint yesterday on X.

The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue.

Polygon PoS deployed Austin and Kyoto hard forks to close resource-exhaustion and consensus risks after testing, with no mainnet disruption observed. The post Polygon Crypto Secures Bor and Heimdall Clients Before Disclosure appeared first on Cryptonews.