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On-chain data has revealed that Ripple co-founder and executive chairman Chris Larsen transferred $175 million worth of XRP across multiple wallets in the past week.
The asset movements, first flagged by on-chain investigator ZachXBT, took place between July 17 and July 23.
XRP transfers
According to blockchain data, Larsen sent 50 million XRP, valued at around $175 million, to four separate...
The House is considering a proposal that would require the Department of Veterans Affairs to examine how distributed ledger technology, such as blockchain, can enhance the agency’s claims systems.
The “Veterans Affairs Distributed Ledger Innovation Act of 2025” (H.R. 3455), introduced May 15 by Rep. Nancy Mace, passed its first checkpoint with a June 11 hearing before the House Veterans’ Affairs...
The FTX Recovery Trust has set Aug. 15 as the record date for its next distribution to creditors, with payments expected to begin around Sept. 30, according to a statement released on July 23.
The window covers holders of allowed Class 5 Customer Entitlement Claims and Class 6 General Unsecured Claims under the confirmed plan, along with Convenience Claims that became allowed after earlier...
Geneva, Switzerland – July 23, 2025 – Leading crypto media research arm Cointelegraph and leading crypto research platform CryptoQuant have released comprehensive reports highlighting the TRON network’s exceptional performance throughout the first half of 2025. These reports emphasize TRON’s continued dominance in the stablecoin arena and significant growth in decentralized finance (DeFi),...
Block joined the S...
Solana Labs and Jito Labs have been named as co-defendants in a newly amended federal lawsuit that accuses them of playing a central role in an alleged $1.5 billion fraud tied to the Solana-based memecoin launchpad Pump.Fun.
The amended lawsuit, filed on July 22 by Burwick Law in the Southern District of New York, expands a consolidated case that originally targeted Pump.Fun and its affiliates....
Solana-based tokenized stocks surpassed $100 million in market capitalization less than one month since their official launch on June 30.
According to rwa.xyz data, the tokenized stock market on Solana is valued at nearly $102 million as of July 22, representing a 242% increase from its $29.8 million size at the debut date. This market is fueled mainly by xStocks, issued by Backed Finance.
As a...
VERT, a Brazilian fund management and securitization firm, has launched a blockchain-based platform on the XRP Ledger (XRPL) to modernize the issue and management of agribusiness credit.
According to a July 23 statement, the platform’s first significant transaction involves the tokenization of a BRL 700 million (~$130 million) Agribusiness Receivables Certificate (CRA), marking a substantial...
Altcoin leverage has swelled to unprecedented levels, setting the stage for violent swings if momentum cracks, according to a July 23 report by Glassnode.
The report highlighted that the combined futures open interest across Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE) increased from $26 billion at the start of July to $44 billion, representing a 69% surge.
Daily increases have stayed...
Arthur Hayes, Chief Investment Officer at Maelstrom and former BitMEX CEO, has shared a highly optimistic outlook for Ethereum (ETH), predicting that the digital asset could reach a new all-time high of $10,000 by the end of the year.
In a July 23 blog post, Hayes described ETH as “the most hated large-cap crypto,” likening its current sentiment to Solana following FTX’s collapse in 2022 before...