Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets
Bets on rising prices accounted for nearly 84% of forced closures, with Binance handling almost half the total. A rebound has since started catching short sellers.
XRP
Franklin Templeton adds $150 million of money-market shares to XRP Ledger
Two batches of just over 72,184,793 shares followed at 02:58 and 04:13 UTC Thursday, each carrying a matching receipt code and a $1.039 share price. The receipts leave the investors, funding source and any connection to existing holdings on Stellar, the other blockchain the fund… Read More
XRP has failed to make holders rich like bitcoin and ether. Here’s why
Bitcoin, ether and many other tokens have pulled back sharply from their 2025 peaks, yet remain far above their 2017 highs. Too many coins Analysts point first to XRP’s supply. “Circulating supply grew 63%, from 38.7B in 2017 to 63.1B, while XRP’s total market value… Read More
XRP Ledger adds new controls for banks, stablecoins and tokenized funds
The XRP Ledger switched on a feature late Thursday that lets an account owner give another account permission to do specific jobs without handing over the keys that control the account. The feature, called PermissionDelegationV1_1, activated on Oct. 8, according to monitoring site XRPL Dashboard.… Read More
Bitget hacker moves $83 million in stolen XRP that Ripple cannot freeze
Circle and Tether, the companies behind dollar-linked tokens USDC and USDT, have already frozen about $320,000 in stablecoins connected to the breach. Their tokens contain controls that allow the companies to blacklist addresses. Read More: Circle and Tether step in to freeze hacker wallet after… Read More
Ripple says asset managers are preparing for XRP Ledger’s next payments upgrade
The upcoming Batch V1.1 can make linked asset and payment transfers succeed together or fail together, and Ripple says commercial projects are already being built around the feature after an extensive security review.