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Author: James Wilson
Ripple’s native token (XRP) has moved sideways for months, and analysts now say the token is trading inside a symmetrical triangle on the daily chart. Summary XRP trades inside a symmetrical triangle, with Ali Martinez pointing to a possible 35% move. Ali Martinez said XRP’s SuperTrend turned bullish, with $1.55 now acting as the key resistance. ETF inflows rose last week as Solana launched wrapped XRP for use across DeFi. This pattern usually forms when price swings get tighter over time, with lower highs and higher lows pushing the market toward a breakout point. Analyst Ali Martinez, known as Ali…
Traditional banks could see their market dominance challenged by the rise of stablecoins and tokenized real-world assets as these digital currencies move beyond their current niche uses. Summary Moody’s Investors Service suggests that the disruption risk for the banking sector remains limited at this stage because current U.S. rules prevent stablecoins from paying yield. The growth of tokenized real-world assets and stablecoins could eventually place pressure on traditional banks by causing deposit outflows and reducing their overall lending capacity. Moody’s Investors Service Digital Economy Group associate vice president Abhi Srivastava told crypto media that stablecoin use remains “limited” for now,…
LayerZero said North Korea’s Lazarus Group is the likely actor behind the Kelp DAO exploit that drained 116,500 rsETH worth about $292 million. Summary LayerZero said Lazarus likely led the Kelp DAO exploit that drained 116,500 rsETH worth $292 million. LayerZero blamed Kelp DAO’s single-DVN setup, saying no backup verifier blocked the forged cross-chain message. The exploit triggered over $10 billion in Aave outflows and a wider DeFi TVL drop. The company said early indicators point to a “highly-sophisticated state actor” and named “DPRK’s Lazarus Group, more specifically TraderTraitor” in its latest statement. The attack took place on April 18…
Strategy co-founder Michael Saylor is signaling another massive Bitcoin acquisition, coming on the heels of a $1 billion purchase finalized earlier this month. Summary Strategy is currently sitting on the world’s largest corporate Bitcoin treasury with 780,897 coins valued at over $58 billion. Michael Saylor hinted at a new multi-billion-dollar Bitcoin acquisition via social media just days after the company confirmed a $1 billion purchase. According to a Sunday post on X, Saylor shared a chart of the company’s historical buying patterns alongside the caption “Think Even ₿igger.” The latest post follows a regulatory filing last Monday, where Strategy disclosed…
EasyDNS has confirmed that a security failure within its own systems allowed a social engineering attacker to briefly seize control of eth.limo, a primary gateway for the Ethereum Name Service. Summary An attacker impersonated an eth.limo team member to bypass account recovery protocols at easyDNS and gain control of domain settings. DNSSEC safeguards prevented the redirection of users to malicious sites by rejecting forged responses that lacked valid cryptographic signatures. EasyDNS is migrating the service to Domainsure to eliminate account recovery vulnerabilities and prevent future social engineering breaches. The incident occurred on Friday when an attacker successfully impersonated an eth.limo…
Vercel has confirmed a security breach involving unauthorized access to parts of its internal systems. Summary Vercel confirms breach after attacker accessed internal systems through compromised employee account linked to AI tool. Hackers claim access to source code, databases, and internal accounts, though scope remains unconfirmed. Company urges users to rotate credentials and monitor accounts after limited subset of data exposure. The company stated that the incident affected a “limited” number of customer credentials. It reported that it detected the issue and began an investigation soon after identifying unusual activity. The company informed affected users directly and advised them to…
Polymarket is reportedly negotiating a fresh capital injection of $400 million that would propel the prediction market platform’s valuation to a staggering $15 billion. Summary Polymarket is reportedly seeking $400 million in fresh capital at a valuation of $15 billion as the platform looks to expand its institutional backing. Reports suggest total funding could reach $1 billion following a recent $600 million investment from Intercontinental Exchange. The Information reports that the funding round could eventually climb to $1 billion as the company seeks to bring on strategic partners beyond Intercontinental Exchange (ICE), which previously committed $600 million to the firm…
Coinbase has begun testing artificial intelligence agents within its internal systems, including Slack and email. Summary Coinbase introduces AI agents Fred and Balaji to assist employees with strategy and creative problem solving. CEO Brian Armstrong predicts AI agents may soon outnumber human employees within Coinbase operations and workflows. AI agents are expected to handle tasks and increase efficiency across crypto and digital transactions. The move aims to support employees with daily tasks and improve workflow efficiency. According to CEO Brian Armstrong, the company has already introduced two agents designed to assist with different types of work. Armstrong shared that these…
Recurring crypto payments are becoming a powerful tool for businesses. Subscription-based services, from streaming platforms to software providers, are embracing the simplicity and flexibility of crypto payments to improve customer experiences and scale their operations. Recurring payments are a key component in subscription models, and leveraging cryptocurrency can take this model to the next level, helping businesses tap into new markets and ensure steady revenue streams. What Are Recurring Crypto Payments? Recurring crypto payments are automated transactions where customers are billed at regular intervals (monthly, yearly, etc.) using cryptocurrency. This model is ideal for businesses offering subscription-based services or products…
We all know that meme coins are a game-changer. These are always on-trend, have great return values, and are very easy to trade most of the time. In this article, we will look at one of these high-flying meme tokens, i.e., Dogeswap, and how to buy Dogeswap. We will be talking about the background, and we will guide you through every step to help you buy your very own Dogeswap coin. What is Dogeswap? Dogeswap is a decentralized exchange. It has an automated pricing and liquidity system. Like any other dog coin, it has also been inspired by Dogecoin. Its…
