RIPPLE CTO PUSHES BACK ON XRP MISLEADING CLAIMS@Ripple CTO Emeritus David Schwartz (@JoelKatz) has rejected claims that he misled the $XRP community.The criticism stems from a widely debated 2017 post about XRP pricing logic.He stated XRP cannot remain cheap if it handles large scale transactions.Schwartz clarified the post was never meant as a price prediction. He argued it explained how value scales with transaction volume.Schwartz insists the logic was purely economic, not speculative. ...

BITCOIN RALLY DRIVEN BY FUTURES NOT SPOT DEMANDBitcoin’s $BTC current rally is being led by derivatives markets, CryptoQuant CEO Ki Young Ju says.He noted that open interest is rising, signaling strong futures activity. However, on chain data shows spot demand remains net negative.This suggests real buying pressure is still weak beneath the surface.Historically, true market recoveries require both spot and futures demand to rise.Bitcoin recently fell below $77,800 after a weekend surge. ...

SOUTH KOREA'S KBANK PARTNERS WITH RIPPLE FOR REMITTANCE BLOCKCHAIN TESTSouth Korea’s Kbank has signed a strategic deal with @Ripple to test blockchain based remittances.The partnership will explore faster and more cost efficient cross border payments.Ripple’s global payments network will be used during the proof of concept phase.The bank is currently testing transaction flows through internal system integration. ...

https://t.co/BC7yElf92k ...

22 YEAR OLD SENTENCED TO 70 MONTHS IN $263M CRYPTO LAUNDERING CASE22 year old California resident, Evan Tangeman, has been sentenced to 70 months in federal prison.He laundered at least $3.5 million tied to a large crypto theft ring. The syndicate stole around $263 million between 2023 and 2025.Crimes included social engineering scams and hardware wallet burglaries.He is the ninth defendant to plead guilty in the widening case. ...

LITECOIN NETWORK STABILIZES AFTER MAJOR SECURITY INCIDENTLitecoin (@litecoin) $LTC suffered a deep chain reorganization after a critical vulnerability was exploited, last Saturday.The flaw was linked to its MimbleWimble Extension Block privacy layer.Attackers used outdated node software to validate invalid transactions. This allowed funds to be moved out and routed through decentralized exchanges.Per reports, mining nodes running older software were key to the attack vector. Major mining pools also faced de ...

WESTERN UNION SOLANA-BASED STABLECOIN TO LAUNCH NEXT MONTHGlobal financial giant Western Union is preparing to launch its own US dollar-backed stablecoin, USDPT, on Solana $SOL, as early as next month, CEO Devin McGranahan confirmed during the company's first-quarter earnings call.USDPT will replace the SWIFT network Western Union currently uses to settle with its agents.McGranahan said the only question now is how fast the company can scale. The stablecoin launches first in select countries with key agent ...

IRAN OFFERS US A DEAL TO REOPEN STRAIT OF HORMUZIran has put forward a new proposal to the United States offering to reopen the Strait of Hormuz and end the war, but with nuclear negotiations pushed to a later stage, per Axios.The move comes as diplomacy between Washington and Tehran hits a wall, with Iranian leadership deeply divided over what nuclear concessions to place on the table.Critics warn the proposal could strip President Trump of his key leverage in future talks aimed at eliminating Iran's enric ...

TRUMP COULD SIGN CRYPTO CLARITY ACT AS SOON AS JUNEDonald Trump could be signing the US CLARITY Act as early as June, Galaxy Digital CEO Mike Novogratz said on a podcast with SkyBridge Capital founder Anthony Scaramucci.Novogratz predicted the bill goes to committee in the first week of May before being finalized shortly after.The legislation aims to give the US crypto industry long-awaited regulatory clarity. Novogratz called it "wildly important" for both Democrats and Republicans to get done.The news com ...

SOLANA ECOSYSTEM WATCH: WHAT'S MOVING ON-CHAIN THIS WEEK$SOL is trading near $86 with the network now sitting at the intersection of major upgrades and a sluggish memecoin recovery. Firedancer is running over 1M TPS, Alpenglow is delivering sub-150ms finality, and the SEC-CFTC has classified $SOL as a digital commodity.The ecosystem story is mixed:(1) DEPIN STRENGTH: Helium has crossed 450,000 subscribers on Solana, real-world utility beyond pure speculation.(2) STABLECOIN GROWTH: $17.4B in stablecoins now ...