24 Jul 2025, 14:33

XRP drops 17% as $175 million whale activity rattles market

XRP’s recent price turbulence has been closely tied to a flurry of large-scale token movements, including more than $175 million worth of XRP shifted by Ripple co-founder Chris Larsen. The timing of these transfers—occurring between 17 July and 23 July—coincided with a sharp 17% price drop, taking XRP from a local high of $3.60 down to below $3.10. Blockchain data shows that over 44 million XRP, valued at more than $140 million, was moved to Coinbase in the last 24 hours alone, signalling intense market activity. Larsen-linked wallets moved 50 million XRP in July Blockchain sleuth ZachXBT brought Larsen’s transfers to light on social platform X, identifying a total movement of 50 million XRP. ZachXBT @zachxbt · Follow Replying to @blancxbt Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses.~$140M ended up at exchanges/services30M XRP recipientrPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi10M XRP recipient 12:31 PM · Jul 24, 2025 983 Reply Copy link Read 104 replies These transfers were broken down as follows: two addresses received 30 million XRP each, another wallet was sent 10 million XRP, and the remaining 10 million was split between two newly created wallets. Over $140 million of the $175 million total was sent to centralised exchanges, prompting speculation that the transactions could lead to increased sell pressure on the token. These movements have heightened scrutiny of Larsen’s holdings. Despite the recent transfers, he still holds over 2.81 billion XRP, worth around $8.4 billion. That represents nearly 5% of XRP’s total circulating supply, placing significant influence in the hands of one individual. Internal Coinbase movements indicate liquidity shifts On 23 July, Whale Alert flagged a notable transfer of 16.8 million XRP—valued at $58.3 million—from an unidentified wallet to Coinbase. Whale Alert @whale_alert · Follow 🚨 🚨 🚨 🚨 27,459,265 #XRP (85,820,719 USD) transferred from unknown wallet to #Coinbase whale-alert.io/tx/ripple/DFC2… 3:35 PM · Jul 24, 2025 373 Reply Copy link Read 23 replies Such inflows to exchanges typically suggest that a whale may be preparing to sell assets, which can depress market sentiment and trigger a decline in prices. Within the same 24-hour period, over 44 million XRP (worth more than $140 million) was moved to Coinbase. Analysis from XRPwallets shows that many of these large transfers appear to have occurred between Coinbase’s cold and exchange wallets. Although these may be internal reallocations rather than third-party deposits, the movements reflect active liquidity management on the part of the exchange. This could involve preparing XRP for institutional trades, client withdrawals, or other market operations. Past whale transfers add to market pressure This isn’t the first time whale activity has drawn attention in the XRP market. Two recent transactions involving over 200 million XRP—valued at approximately $700 million—are believed to have originated from Ripple-owned wallets. Although not directly linked to Larsen, these transfers contributed to a wave of speculation regarding XRP’s short-term trajectory. As of the latest data, XRP is trading at $3.14, down 4.46% in the past 24 hours. Technical analysts suggest this correction could either mark the end of a Wave 4 retracement or signal a potential dip to around $2.64 before an anticipated Wave 5 upward movement. Source: CoinMarketCap Despite short-term volatility, XRP’s broader bullish trend remains intact according to chart watchers. While the reasons behind Larsen’s transfers remain speculative, the scale and concentration of XRP holdings have reignited concerns about market centralisation. With nearly 5% of the entire XRP supply controlled by a single individual, traders and analysts continue to monitor whale activity as a key indicator of future price action. The post XRP drops 17% as $175 million whale activity rattles market appeared first on Invezz

24 Jul 2025, 14:25

TRON Inc. Rings Nasdaq Opening Bell, Signaling Major Milestone in Blockchain Innovation

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24 Jul 2025, 13:59

Web3 scams surge past $3.1 billion in losses during first half of 2025

The first half of 2025 has already proven catastrophic for the Web3 ecosystem, with blockchain security firm Hacken reporting over $3.1 billion in cumulative losses due to scams, breaches, and protocol failures. This figure already surpasses the full-year total of 2024, underscoring the scale of damage inflicted in just six months. The primary cause: access control failures, which contributed to roughly $1.83 billion in damages, including a landmark $1.46 billion Bybit exploit in February. Internal threats, compromised keys drive biggest breaches The largest single incident of the year was the Bybit attack, attributed to a compromised wallet signer that gave malicious actors full control of funds. Hackers used the vulnerability to drain assets undetected, exposing a significant weakness in private key storage and management. This was closely followed by the Infini Protocol attack , where a former developer exploited internal access to steal $50 million in a single transaction. The incident highlighted how insider threats remain an ongoing challenge for decentralised protocols, particularly those with incomplete governance or access restrictions. Geopolitical tensions also entered the spotlight when Iran’s Nobitex exchange lost $90 million in a breach that analysts suggest may have been politically motivated. The incident involved both phishing and technical compromise, combining multiple attack vectors for maximum impact. DeFi platforms suffer from flawed smart contracts Decentralised finance (DeFi) platforms were not spared. Hacken reported $263 million in total losses from smart contract vulnerabilities, mostly from bugs in logic and overflow checks. The most severe case involved Cetus , which saw $223 million drained in May. The bug was traced to a liquidity range miscalculation that allowed attackers to repeatedly withdraw unearned assets. These incidents show that many DeFi platforms continue to deploy unaudited or under-tested code, making them attractive targets for sophisticated exploits. Despite past lessons from similar vulnerabilities in 2020–2022, several protocols still struggle to implement robust logic checks and formal verification. Phishing scams and fake support schemes accelerate Phishing attacks surged to new records, accounting for $600 million in losses—also exceeding 2024’s full-year total. One of the most damaging cases involved an elderly US investor who lost $330 million in Bitcoin after falling prey to a multi-stage scam. Coinbase users were also targeted following a data breach. Using stolen credentials and customer details, scammers impersonated official Coinbase support staff. Victims were tricked into handing over seed phrases and two-factor passcodes, leading to more than $100 million in stolen funds. Additional scams included fake wallets, deceptive browser extensions, and token approval traps embedded in lookalike dApps. All these relied on social engineering and interface manipulation to extract funds without the victim realising it. AI-fuelled attacks rise 1000% with new tactics Artificial intelligence-related attacks are on the rise, with Hacken observing a 1000% increase compared to 2023. The majority of these breaches involved unsafe APIs, where attackers used prompt injection, fake AI agents, and vulnerable toolchains to hijack automation systems and user wallets. These methods bypass traditional cybersecurity protocols by exploiting emerging tech layers that are poorly understood or inadequately protected. As AI tools are increasingly integrated into DeFi, exchanges, and wallets, the attack surface is expanding rapidly, giving hackers new ways to bypass defences. With only half the year gone, the scale and sophistication of these breaches suggest that the crypto industry faces its most critical security moment in years. Security experts are now calling for urgent updates to access controls, contract audits, and AI usage guidelines to reduce further exposure. The post Web3 scams surge past $3.1 billion in losses during first half of 2025 appeared first on Invezz

24 Jul 2025, 13:45

Crypto Yield Generation: Spirit Blockchain’s Revolutionary 2.0 Strategy Unlocks Unprecedented Returns

BitcoinWorld Crypto Yield Generation: Spirit Blockchain’s Revolutionary 2.0 Strategy Unlocks Unprecedented Returns Are you looking for smarter ways to grow your digital assets? The world of cryptocurrency is constantly evolving, and a major shift is underway towards more active and rewarding investment strategies. Leading this charge is Spirit Blockchain Capital, a digital asset manager that has just announced a game-changing pivot with its new “Spirit Blockchain 2.0” strategy. This isn’t just another update; it’s a fundamental transformation designed to unlock unprecedented returns through sophisticated crypto yield generation . What is Spirit Blockchain’s Revolutionary 2.0 Strategy? For a long time, many crypto investors, and even some institutional players, have approached digital assets with a more passive “buy and hold” mentality. While this can work, it often leaves significant opportunities on the table. Spirit Blockchain Capital recognized this and, according to a GlobeNewswire press release, decided it was time for a dramatic shift. Spirit Blockchain 2.0 marks a decisive move away from simply holding crypto. Instead, the company is transforming into an active, yield-generating platform. Think of it as moving from merely owning a property to actively developing it to produce rental income or capital gains. This strategic overhaul is designed to maximize returns from their digital asset portfolio by engaging in various sophisticated financial activities within the blockchain ecosystem. The core objective is to generate consistent and substantial returns for its stakeholders by harnessing the power of crypto yield generation mechanisms. How Does Spirit Blockchain Capital Actively Generate Crypto Yield? The magic of Spirit Blockchain’s 2.0 strategy lies in its multi-pronged approach to yield generation. They aren’t putting all their eggs in one basket. Instead, they’re diversifying their methods across several proven and emerging strategies in the digital asset space. This comprehensive approach is key to their robust crypto yield generation model. Here’s a closer look at the primary avenues they’re exploring: Staking: Imagine earning rewards just for holding your cryptocurrency! That’s essentially what staking is. In proof-of-stake blockchain networks (like Ethereum 2.0, Solana, and others), participants can “stake” their crypto to support the network’s operations and security. In return, they receive newly minted coins or transaction fees as rewards. Spirit Blockchain will strategically stake portions of its BTC, ETH, SOL, DOGE, and XRP holdings, contributing to network security while earning passive income. Lending: Just like traditional finance, the crypto world has its own lending markets. Spirit Blockchain plans to lend out its digital assets to borrowers, who pay interest for the use of those funds. This can happen on centralized platforms or decentralized finance (DeFi) protocols. Lending provides a predictable stream of income, making it a reliable component of their crypto yield generation strategy. Structured Products: This is where things get a bit more sophisticated. Structured products in crypto are customized financial instruments that combine various assets or derivatives to achieve specific risk-reward profiles. These can involve options, futures, or other complex strategies designed to generate enhanced returns, often with a defined payout structure. Spirit Blockchain will leverage its expertise to identify and invest in these products, aiming for optimized returns that wouldn’t be possible through simple spot trading. Which Digital Assets Are Key to Spirit Blockchain’s Success? Spirit Blockchain’s strategy isn’t just about how they generate yield, but also which assets they choose to work with. Their initial focus on a select group of high-profile cryptocurrencies demonstrates a calculated approach to maximizing their crypto yield generation potential while managing risk. The company explicitly named the following digital assets: Bitcoin (BTC): The king of crypto, offering unparalleled liquidity and often used as a store of value. While direct staking isn’t native to Bitcoin’s proof-of-work, it can be utilized in lending and structured products. Ethereum (ETH): The backbone of DeFi and NFTs, Ethereum’s transition to proof-of-stake makes it a prime candidate for direct staking, offering significant yield opportunities. Solana (SOL): A high-performance blockchain known for its speed and scalability, SOL is a popular asset for staking and participation in its vibrant DeFi ecosystem. Dogecoin (DOGE): While often seen as a meme coin, DOGE has a large community and can be utilized in lending protocols, especially given its high liquidity. XRP: Known for its focus on cross-border payments, XRP can also be part of lending and structured product strategies within the digital asset market. By focusing on these established and liquid assets, Spirit Blockchain aims to ensure robust participation in various yield-generating protocols while maintaining flexibility and market access. The Promise of Tokenization: What Does It Mean for Spirit Blockchain and Beyond? Beyond direct yield generation, Spirit Blockchain 2.0 also emphasizes tokenization. But what exactly is tokenization, and why is it so significant? In simple terms, tokenization is the process of converting rights to an asset into a digital token on a blockchain. This can apply to anything from real estate and art to company shares and, in Spirit Blockchain’s context, potentially even aspects of their yield-generating portfolio or future ventures. The implications are profound: Increased Liquidity: Tokenized assets can be easily bought, sold, and traded 24/7 on global blockchain networks, breaking down traditional barriers to liquidity. Fractional Ownership: High-value assets can be divided into smaller, affordable tokens, making them accessible to a broader range of investors. Transparency and Efficiency: Blockchain technology provides an immutable record of ownership and transactions, reducing fraud and streamlining processes. For Spirit Blockchain, embracing tokenization could mean creating new investment products, offering fractional ownership in their yield-generating pools, or even tokenizing future ventures to raise capital more efficiently. This positions them not just as a yield generator, but as an innovator shaping the future of digital asset ownership and investment through advanced crypto yield generation strategies. Benefits for Investors: Why Should You Care About Spirit Blockchain’s Bold Move? For both individual and institutional investors, Spirit Blockchain’s shift to an active crypto yield generation model offers several compelling benefits: Potentially Higher Returns: Moving beyond passive holding, the active strategies of staking, lending, and structured products are designed to generate superior returns compared to simply holding assets. Professional Management: Navigating the complex world of DeFi, staking protocols, and structured products requires significant expertise. Spirit Blockchain provides professional management, allowing investors to benefit from these opportunities without needing to become experts themselves. Diversification of Income Streams: By utilizing multiple yield-generating methods, the strategy aims to create a more resilient and diversified income stream, reducing reliance on single market movements. Access to Innovation: Investors gain exposure to cutting-edge blockchain financial products and the burgeoning tokenization trend, positioning them at the forefront of digital asset evolution. This strategic pivot signifies a mature approach to digital asset management, focusing on creating tangible value from crypto holdings. Navigating the Crypto Landscape: Challenges and Opportunities for Spirit Blockchain While Spirit Blockchain’s 2.0 strategy for crypto yield generation is ambitious and promising, it operates within a dynamic and often unpredictable landscape. Like any venture in the digital asset space, it faces both unique challenges and significant opportunities: Challenges: Market Volatility: Cryptocurrency markets are notoriously volatile. While yield generation aims to mitigate this, significant price swings can still impact overall portfolio value. Regulatory Uncertainty: The regulatory environment for digital assets and yield-generating activities is still evolving globally. Spirit Blockchain will need to remain agile and compliant with changing legal frameworks. Smart Contract Risks: Participation in DeFi protocols involves smart contract risks, including potential bugs or exploits that could lead to loss of funds. Competition: The field of digital asset management and yield generation is becoming increasingly competitive, requiring continuous innovation and strong performance. Opportunities: Growing Institutional Adoption: As more institutions enter the crypto space, the demand for sophisticated, professionally managed yield products will likely increase. Innovation in DeFi: The decentralized finance ecosystem continues to evolve rapidly, presenting new protocols and opportunities for enhanced yield. Expanding Tokenization Market: The broader adoption of tokenization could unlock new asset classes and investment vehicles, further expanding Spirit Blockchain’s potential reach. Market Maturation: As the crypto market matures, more stable and predictable yield opportunities may emerge, benefiting well-positioned players like Spirit Blockchain. Spirit Blockchain’s success will hinge on its ability to skillfully navigate these complexities, leveraging opportunities while effectively mitigating risks. Looking Ahead: What’s Next for Spirit Blockchain and the Future of Crypto Yield Generation? Spirit Blockchain’s 2.0 strategy is more than just an internal shift; it’s a reflection of a broader trend in the digital asset space towards more sophisticated and active management. As the market matures, the focus is increasingly moving from speculative trading to sustainable value creation through mechanisms like crypto yield generation . This approach could set a new standard for how digital asset managers operate, emphasizing utility and consistent returns. We can expect Spirit Blockchain to continue refining its strategies, exploring new protocols, and potentially expanding the range of assets it manages for yield. Their commitment to tokenization also suggests a future where digital assets are not just traded but are also used to represent a vast array of real-world and digital ownership, creating a more interconnected and efficient financial ecosystem. Conclusion: A New Era for Digital Asset Management Spirit Blockchain Capital’s launch of its 2.0 strategy marks a significant milestone in the evolution of digital asset management. By pivoting from passive holding to an active, yield-generating platform focused on staking, lending, structured products, and tokenization, they are positioning themselves at the forefront of the next wave of crypto innovation. This strategic move not only promises enhanced returns for investors but also highlights a growing maturity in the crypto market, where sophisticated financial engineering meets the decentralized power of blockchain. It’s an exciting time for those looking to engage with their digital assets in a more productive and profitable way, and Spirit Blockchain is certainly one to watch in the unfolding narrative of crypto yield generation . Frequently Asked Questions (FAQs) Q1: What is the core difference between Spirit Blockchain’s old strategy and Spirit Blockchain 2.0? The core difference is a shift from a passive “buy and hold” approach to an active, yield-generating strategy. Spirit Blockchain 2.0 actively seeks to generate returns through staking, lending, and structured products, rather than just relying on asset price appreciation. Q2: Which cryptocurrencies will Spirit Blockchain primarily focus on for yield generation? Spirit Blockchain will primarily invest in and generate yield from Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and XRP. Q3: What does “tokenization” mean in the context of Spirit Blockchain 2.0? Tokenization refers to the process of converting rights to an asset into a digital token on a blockchain. For Spirit Blockchain, this could involve creating new investment products, offering fractional ownership in their yield pools, or tokenizing future ventures to enhance liquidity and accessibility. Q4: What are the main benefits for investors with Spirit Blockchain’s new strategy? Investors can benefit from potentially higher returns through active management, professional expertise in navigating complex crypto financial products, diversified income streams, and access to cutting-edge blockchain innovation like tokenization and advanced crypto yield generation methods. Q5: Are there any risks associated with Spirit Blockchain’s yield-generating strategy? Yes, like all crypto investments, there are risks including market volatility, evolving regulatory environments, smart contract vulnerabilities in DeFi protocols, and competition within the digital asset management space. Spirit Blockchain aims to mitigate these through careful management and diversification. If you found this article insightful, please consider sharing it with your network! Your support helps us continue to deliver valuable content on the evolving world of digital assets and blockchain technology. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin and Ethereum price action . This post Crypto Yield Generation: Spirit Blockchain’s Revolutionary 2.0 Strategy Unlocks Unprecedented Returns first appeared on BitcoinWorld and is written by Editorial Team

24 Jul 2025, 13:40

Ripple co-founder faces dumping accusation XRP transfers reach $175M

Since July 17, Ripple co-founder Chris Larsen has moved 50 million XRP, worth approximately $175 million, to exchanges, according to Blockchain security sleuth ZachXBT. Netizens are bashing the 65-year-old Silicon Valley business executive, who is being accused of insider trading with Ripple. Blockchain ZachXBT, in an X post on Thursday, revealed that the large volume of XRP was distributed to four separate wallet addresses. Roughly $140 million of the total amount appears to have ended up at exchanges or services. Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses. ~$140M ended up at exchanges/services 30M XRP recipient rPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98 rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi 10M XRP recipient… — ZachXBT (@zachxbt) July 24, 2025 Alongside the movement to exchanges, approximately $35 million in tokens was transferred to two new wallet addresses, but analysts are unsure about the motives behind these transactions. The chatter on social media has caused XRP to shed over 9% of its value in the last 24 hours, now trading at $3.11 in Thursday’s US pre-market trading session. Ripple’s native token has dropped 14%, down from its all-time high $3.65. Is Larsen cashing out XRP profits? ZachXBT’s investigations and blockchain data show that three wallets received 30 million XRP between them, and a fourth wallet received 10 million XRP. Two other newly activated addresses were credited with 5 million XRP each, bringing the total movement to 50 million XRP in under a week. When asked about how many tokens the former CEO is still holding, ZachXBT mentioned that the wallets still control more than 2.81 billion XRP. At the current market price of $3.11 per token, that stockpile is valued at $8.7 billion, roughly 4.6% of the $183 billion market capitalization of XRP. The latest transfers came just as XRP surged to a local high above $3.60 last Friday before tumbling below $3.10. The price drop, now attributed in part to the selloff, has led to accusations that Larsen is taking profit and “dumping” on retail investors at Ripple’s token July peak. “People still believe that XRP will go to 1000 Dollars lol, I don’t know why I was never interested in this token,” one user on X exclaimed. ZachXBT, known for exposing crypto fraud and insider trading, responded sardonically to one post, saying, “Game is game,” implying such behavior may be routine in the space. “ The fact that XRP has been able to convince billions of people that it’s a legit Crypto revolution is the biggest social Engineering Art in the History of Capitalism. Must be studied and appreciated ,” a trader surmised. Larsen has moved o ver $344 million in XRP in 2025 So far, blockchain analytics platforms cited by several market activity trackers like ZachXBT have spotted several dormant wallets linked to Larsen that became active in early January. On January 6, one of these addresses sent 10 million XRP, worth about $24 million at the time, to Coinbase. Additional transfers of 20 million XRP followed on January 16 and again on January 22 and January 29, reaching a total of 50 million XRP moved during that month. Based on January’s average XRP price of $3.00 to $3.15, the total value of those transactions was estimated at $155 million. The trend did not stop there. In July, another $26 million worth of XRP was sent to Coinbase. Year-to-date, the total value of XRP moved by Larsen-linked addresses now stands at approximately $344 million. Most of these funds were routed through exchanges such as Coinbase, Bitstamp, and Bybit, while a portion landed in unidentified wallets. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

24 Jul 2025, 13:40

AAVE Down 13% Weekly: Here’s the Key Bounce Zone

TL;DR AAVE eyes $270 support after a sharp pullback, aligning with key Fibonacci and volume levels. RSI drops to 44.12, suggesting weakening momentum as the price nears lower Bollinger Band support. Aave leads DeFi growth, adding $15B TVL and preparing new launch on Kraken’s Ink chain. AAVE Price Approaches Potential Support Aave (AAVE) is trading around $284 after a painful drop over the last week. The token has lost more than 13% in that time and is down nearly 6% in the past 24 hours. Volume remains high, with over $790 million traded in a day. Analyst Ali Martinez suggests that a move to $270 could come next, calling it a “reload zone.” This area is just above the 0.618 Fibonacci level at $247.56 and lines up with a previous resistance area. If the price holds here, it may become a short-term base for buyers looking to step in again. $AAVE could pull back to $270 before making a move toward $560. Watch this potential reload zone closely! pic.twitter.com/GXVECNvu1H — Ali (@ali_charts) July 24, 2025 Key Levels and Trend Indicators On the chart, the projected move points to a pullback near $270, followed by a possible climb toward $400 and later $560. These levels match historical price reactions and Fibonacci extension zones. Short-term momentum has cooled. The RSI sits at 44.12, down from the recent average of 60.52. AAVE is also below the midline of its Bollinger Bands, which is now around $305. The lower band is closer to $273, suggesting this area could act as support if selling continues. Source: TradingView DeFi Growth Supports Long-Term Outlook Since April, DeFi protocols have added around $49 billion in new value. Aave accounts for $15 billion of that, which is nearly one-third of the total. This places it among the top contributors in the space. In addition, the protocol is planning to launch a version of its lending platform on Kraken’s Ink blockchain. The move has already received over 99% support in a governance vote and now heads to a final round of approval from the DAO. AAVE is hovering near a zone that has seen strong reactions before. Analyst Sjuul from AltCryptoGems said , “AAVE is at an interesting spot… a bounce here and the bullish structure is safe.” Price action in the coming days may confirm whether buyers step back in at this level. The post AAVE Down 13% Weekly: Here’s the Key Bounce Zone appeared first on CryptoPotato .