How XRP Outpaces Top Coins with a Remarkable 10% Spike XRP outpaces top coins with 10% spike—a bold headline that caught the attention of crypto enthusiasts worldwide as the new year began. On January 1, 2025, Ripple’s native token, XRP, soared to a high of $2.32, recording an impressive 10% gain within just 24 hours. This remarkable rally placed XRP above its peers in the top 10 cryptocurrencies by market capitalization, setting a promising tone for the year ahead. The cryptocurrency market ushered in 2025 with a bullish sentiment, and XRP emerged as a standout performer. With its market cap…
Author: Crypto Team
Mint Your NFT Entry Pass for Squad Game Season 2 and Join the Survival Challenge The highly anticipated Squad Game Season 2 is here, brought to you by the Solana-based SEND Arcade. Inspired by the globally popular Netflix series Squid Game, this on-chain survival game promises to deliver thrilling challenges and life-like gaming experiences. The launch of Squad Game Season 2 introduces an exclusive NFT entry pass available for minting on Magic Eden starting from Dec. 30. SEND Arcade has created only 456 entry passes, making them a scarce and coveted item for gaming enthusiasts. Each pass is valued at…
Posting seed phrases in YouTube’s comment areas, cybercriminals are targeting crypto aficionados and luring victims into a deftly created multi-signature wallet fraud. Russian antivirus company Kaspersky exposed this misleading technique in a blog post dated December 23 following a suspicious comment on a financial YouTube video. Said supposedly to be a novice, the comment included a seed word and asked for assistance with fund transfer. Experts recognised it right away as a possible fraud, and more research turned up similar postings from recently established accounts. Kaspersky claims that the fraud uses persuading people into access to a Tether (USDT) cryptocurrency…
By patenting a novel encryption technique meant to safeguard cryptocurrencies and other digital assets, Nokia Technologies Co., LTD. has boldly entered the field of digital asset protection. Under the title “Device method and computer programme,” the patent was formally published under publication number CN 119155674 in December 23, 2024 after being registered to the National Intellectual Property Administration in June 2024. This creative move addresses the rising demand for strong encryption solutions to protect digital assets, therefore positioning Nokia at the forefront of the fast changing blockchain and bitcoin industries. Transformating Digital Asset Encryption The patent outlines a method whereby…
According to South Korea’s Yonhap News Agency, the United States and South Korea have allegedly teamed to create advanced systems meant to track billions in stolen digital assets and counteract cryptocurrency theft connected to North Korea. The two countries have inked a contract agreeing to produce technologies meant to stop crimes connected to cryptocurrencies. While exact specifics of the project are yet unknown, South Korea’s Ministry of Science and ICT has promised to assist the cooperation through 2026. With a startling $1.6 billion allegedly taken this year, as revealed by Chainalysis, this collaboration responds to a rise in crypto thefts…
The press chief of Estudiantes de Río Cuarto, an Argentine second-division soccer team, vanished without explanation, leaving claims of millions of team scamming under a crypto investment programme. Alleged mastermind Matías Centurión apparently left on December 18 during a team event. Shortly after, he deleted all of his social media accounts, shocking the team and numerous players since their investments—totaling more than a million dollars—were under danger. By pushing Cryptodefi, an Ethereum-based distributed finance platform with a 5% monthly payout, Centuries has developed trust with the team. The platform even started sponsoring as its logo was clearly seen behind the…
Concerns in the sector are raised by a recent poll showing that crypto hedge funds find it difficult to get even fundamental banking services. Three out of four crypto hedge funds surveyed in October by the Alternative Investment Management Association (AIMA) show a concerning pattern whereby they identify banking challenges over the past three years. Reportedly not affected by this problem are conventional hedge funds, which reported no such difficulties. Announced on AIMA’s website in a news release, the findings form part of a paper titled The Debanking Dilemma. With 160 crypto hedge funds and 20 conventional hedge funds, the…
Welcome to Latam Highlights, your weekly summary of important crypto and financial events from throughout Latin America. El Salvador strikes a $1.4 billion agreement with the IMF this week, which influences its approach to Bitcoin adoption; Argentina starts internet patrols for cryptocurrencies; and the Senate of Brazil is ready to review bitcoin laws. IMF Deal Forces El Salvador to Limit Integration of Bitcoin Reaching an agreement with the International Monetary Fund (IMF), President Nayib Bukele has made a major step towards strengthening El Salvador’s economy. The agreement gives the nation a $1.4 billion credit facility meant to assist economic reforms…
Changpeng Zhao (CZ), the former CEO of Binance, has issued a stark warning to cryptocurrency holders, urging them to avoid accepting digital assets through shared private keys or pre-configured wallets. In a recent post on social media platform X, CZ highlighted the risks of shared access to crypto wallets, explaining that accepting assets in this way leaves users vulnerable to theft. “The giver still has access to those crypto. You should move the crypto to an address you own. Or better, just ask the giver to send it to an address you own,” he cautioned. CZ emphasized that anyone receiving…
Ripple’s XRP has maintained its crucial position above $2 despite an 8.2% decline against the U.S. dollar this week. Over the weekend, the spotlight turned to large on-chain XRP transactions, while Ripple’s stablecoin, RLUSD, reached a market valuation of $53 million. Whale Activity Sparks Attention Recent weeks have seen significant developments for XRP, buoyed by optimism over a potentially favorable U.S. regulatory environment and the launch of RLUSD trading on major platforms. However, the crypto asset has not been immune to broader market corrections, sitting at $2.18 after this week’s 8.2% drop. Despite this setback, XRP remains 50.4% higher than…