Author: admin

The XRP Ledger (XRPL) ecosystem experienced steady growth and innovation in September 2025. This was marked by major product updates, compliance milestones, and community-driven developments. New Features and Compliance Developments The monthly highlights were shared by Dan Fisher, Community Relations Manager at XRPL, via X. One of the month’s developments was Joey Wallet’s simplified onboarding guide, which streamlined access to XRPL for new users through integrations with MoonPay, First Ledger, and XRPCafe. XRPScan also introduced an amendment voting timeline to improve transparency in validator operations, such as the Token Escrow proposal, which provides details on voting. September also saw Xaman…

Read More

In brief Fox Business’s Charles Gasparino reported internal White House talks about pardoning Changpeng “CZ” Zhao. Binance founder CZ, who resigned as CEO in 2023 and served prison time, remains its largest shareholder. A pardon could reopen U.S. markets to Binance and signal an even friendlier crypto policy under Trump. Is the Trump administration seriously weighing a pardon for Binance’s Changpeng “CZ” Zhao ?Crypto Twitter is all aflutter after Fox Business reporter Charles Gasparino tweeted a “scoop” claiming White House insiders say discussions are heating up and Trump “is leaning toward a pardon.” Gasparino is a veteran financial and political…

Read More

U.S. lawmaker negotiations over market structure legislation appear to be ongoing, but contentious.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativePolicy work around digital assets seems to be in a bit of a limbo as the U.S. government shut down runs through its second week. There are signs lawmakers continue to work out details on market structure legislation, which the industry desperately wants in the hopes it will cement the roles of the Securities and Exchange Commission, Commodity Futures Trading Commission and establish just…

Read More

Norwegian officials are investigating a potential leak after large bets were placed on the Nobel Peace Prize outcome on Polymarket just hours before it became public.Venezuelan opposition leader Maria Corina Machado, who won the 2025 Nobel Peace Prize for her role in the fight for democracy, saw a spike in bets on her victory on the prediction markets hours before the official announcement, Bloomberg reported. The spike was so notable that Polymarket’s official account posted on social media about it.A trader using the handle “dirtycup” placed a near $70,000 bet on Machado and walked away with about $30,000 in profit,…

Read More

India’s most prominent financial technology summit, the Global Fintech Fest (GFF) 2025, intentionally excluded private crypto and stablecoins from its main agenda. The move signals the government’s strategic pivot from speculative digital assets toward a state-managed digital transformation. It also coincided with a massive crackdown on offshore crypto exchanges, clarifying that India’s FinTech future focuses strictly on technologies under the purview of the government and the Reserve Bank of India (RBI).Government-Led Digital Transformation Dominates the AgendaThe GFF 2025, held in Mumbai from October 7-9, featured major government figures, including the Union Finance Minister and officials from the RBI and the…

Read More

As markets reeled from President Trump’s tariff escalation, Binance — the world’s largest crypto exchange — is facing widespread outrage after users reported frozen accounts, failed stop-loss orders, and flash crashes that sent multiple coins to near zero.Social media erupted late Friday after traders claimed that Binance’s systems locked up during the heaviest liquidation wave of the year. Sponsored SponsoredMultiple Altcoins Crashed To Zero On BinanceCoins such as Enjin (ENJ) and Cosmos (ATOM) briefly showed prices crashing to $0.0000 and $0.001, respectively, before rebounding. Some traders reported being unable to close or hedge positions as losses spiraled. Binance has proven once again…

Read More

A wave of heavy market activity on October 10 sent shockwaves through both traditional and digital markets, exposing the limits of major centralized crypto exchanges. The turbulence began moments after US President Donald Trump announced a 100% tariff on Chinese imports. The policy surprise spooked global investors, triggering a sell-off that spread from equities to digital assets within minutes.Sponsored SponsoredTrump’s Tariff Shock Exposes Cracks in Major Crypto ExchangesFollowing the announcement, crypto traders responded in two distinct ways. Some rushed to cut their losses, while others scrambled to “buy the dip.”The simultaneous surge in orders overloaded several exchanges, including Binance, Coinbase,…

Read More

In a market dominated by large-cap tokens and established narratives, a new DeFi protocol is quickly carving out a name for itself. Mutuum Finance (MUTM), built on Ethereum, has seen rapid momentum in 2025 — both in its structured presale and investor participation. The project’s combination of utility-driven tokenomics and clear fundraising milestones has positioned it as one of the most closely watched DeFi launches of the year.Structured Presale With Predictable UpsideMutuum Finance (MUTM) launched its presale in early 2025 with Phase 1 priced at $0.01. Mutuum Finance has designed its presale in clearly defined stages, with approximately 20% price increases…

Read More

Solana (SOL) treasury companies are following the trend set by Bitcoin (BTC) and Ether (ETH), whose adoption by public companies has boosted stock prices and graced media headlines.Digital asset treasuries (DATs) list on public markets, buy crypto, then work to grow tokens per share. The pitch is simple for traders who want to gain crypto exposure through a brokerage account, offering upside that can outpace spot prices.Exchange-traded funds (ETFs) also provide crypto exposure for investors nowadays, but DATs can hit the market faster. Additionally, premiums and discounts to net asset value (NAV) create embedded leverage without liquidation concerns, which allows…

Read More

Crypto.com CEO Kris Marszalek has called for a regulatory investigation into exchanges that suffered the largest losses following a record $20 billion in crypto liquidations over the past 24 hours.In a Saturday post on X, Marszalek urged regulators to “conduct a thorough review of fairness of practices,” asking whether trading platforms had slowed down, mispriced assets, or failed to maintain proper anti-manipulation and compliance controls during the crash.“Regulators should look into the exchanges that had most liquidations in the last 24 hours,” he wrote. “Any of them slowing down to a halt, effectively not allowing people to trade? Were all…

Read More