17 May 2025, 06:26

100% Banks Are Dragging Their Feet On XRP Adoption, XRP Army Discusses Major Reasons

In a recent tweet that generated substantial reaction from the XRP community, crypto commentator “All Things XRP” asserted that banks are intentionally delaying the adoption of XRP, not out of confusion or reluctance, but to ensure they can fully capitalize on it. The statement reads: “100% BANKS ARE DRAGGING THEIR FEET ON XRP ADOPTION. Why? They’re figuring out how to profit from it. Once their revenue models are locked in, it’s game on. Agree or Disagree? Talk to me…” 100% BANKS ARE DRAGGING THEIR FEET ON XRP ADOPTION. Why? They’re figuring out how to profit from it. Once their revenue models are locked in, it’s game on. Agree or Disagree? Talk to me… — All Things XRP (@XRP_investing) May 14, 2025 The tweet suggests that the hesitation of institutions is strategic rather than reactive, rooted in the desire to lock in profitable models before engaging in full-scale adoption. Community Response Points to Regulation The post attracted a range of responses from community members, many of whom offered a more technical or regulatory explanation for the delay in institutional engagement with XRP. One notable reply came from an X user named Michael, who disagreed with the suggestion that banks are simply taking their time to figure out revenue strategies. Michael wrote , “You’re half right… but missing the whole picture.” He emphasized that regulatory uncertainty and the alignment of financial infrastructure are the real reasons why banks have not adopted XRP at scale. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Infrastructure Overhaul and Compliance Requirements Michael pointed out that the lack of established stablecoin legislation in the United States presents a key barrier to institutional involvement. He noted, “No bank is touching XRP for settlement at scale until there’s a clear legal framework for digital assets.” He also referenced the global transition to ISO 20022 , stating that while Ripple and some of its partners are already ISO-compliant, the financial industry’s messaging standard is only set to be fully implemented by SWIFT in November 2025. Another critical infrastructure upgrade mentioned was Fedwire’s scheduled adoption of ISO 20022 in July 2025. According to Michael, this change will create the groundwork for real-time, tokenized value transfers. He insisted that the financial system operates with centralized control and cannot proceed with innovations like XRP-based settlement until regulatory and technical systems are fully aligned. He concluded, “This isn’t banks ‘figuring it out’ — it’s staged deployment.” Legal Restrictions Still in Effect Another user offered a shorter but pointed observation regarding the current legal environment. T.T. referenced the ongoing litigation involving the U.S. Securities and Exchange Commission and Ripple, noting , “Nope, injunction is still in place from the SEC lawsuit. Once it clears, they will load up in anticipation of use case. They are working on application in the background.” This view further reinforces the idea that the current lack of adoption is not due to indecision or disinterest but rather external legal and regulatory constraints that continue to affect institutional decision-making. Both responses indicate a shared view that banks are not hesitating without reason, but rather acting under legal and systemic constraints. These perspectives are different from the original tweet from All Things XRP, which focuses on profit motivation as the primary cause of delay. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post 100% Banks Are Dragging Their Feet On XRP Adoption, XRP Army Discusses Major Reasons appeared first on Times Tabloid .

17 May 2025, 05:36

Large LDO Transfers Spark Speculation Amidst Market Activity

In the previous three days, the crypto community has been paying special attention to the Lido DAO (LDO) tokens due to some hefty on-chain activity. Or, to put it more bluntly, two Ethereum addresses have sent a combined total of over 30 million dollars’ worth of LDO to some very prominent centralized exchanges—almost within the same 24-hour period. This begs a couple of questions. For one, what in the world is going on here? And for another, what could this mean for the price of LDO? Massive LDO Movements: Over $30 Million in Three Days Over the past 72 hours, two Ethereum addresses—0x2c7AE and 0x3A765—have together shifted around 30 million LDO tokens, with signals that these tokens are being sent to large exchanges like Binance, OKX, Bybit, and Gate.io. Particularly noteworthy is the address 0x2c7AE, which has direct ties to the “Lido: Team Vesting” contract. Roughly six months ago, it received 30 million LDO from the vesting contract, a token transaction we usually associate with team members, advisors, or early contributors. Since then, the address has held a large portion of those tokens and appears to have used the vesting contract to deposit tokens into the 0x address, which it has now been using to transfer the tokens into unknown addresses. For three days alone, 0x2c7AE has transferred out approximately 19.917 million LDO, equivalent to nearly $19.25 million. In October 2023, the institutional trading platform FalconX sent 15.45 million LDO to the second address, 0x3A765. When this transaction occurred, the trading price of LDO was approximately $1.87 per token. In the three days leading up to this analysis, the second address moved out a significant chunk of its LDO holdings—10.612 million LDO, to be exact—making this a noteworthy transaction in the current LDO trading environment. 这是 Lido 机构还是团队的出货？ 过去 3 天时间，包含一个可能属于 @LidoFinance 团队归属地址在内的 2 个地址将 1111 万枚 LDO ($11.53M) 转进了 Binance、OKX、Bybit、Gate。 并且他们在 5 小时前继续转出了 1941 万枚 LDO ($19.25M)，这些应该也会在接下来被转进各大 CEX。 这两个地址是将 LDO… pic.twitter.com/zyOyhKmcQj — 余烬 (@EmberCN) May 16, 2025 The Role of 0xC4Db and Market Maker Involvement The two addresses mentioned above are routing their LDO token distributions through yet another address, 0xC4Db. This address appears to act as a market maker, or at least an intermediary, that helps maintain liquidity in the LDO token. After receiving large distributions of the token from the aforementioned addresses, 0xC4Db sent a portion of those tokens to several large, reputable exchanges. This pattern of token movement—first from source wallets, then to 0xC4Db, and finally to exchanges—strongly suggests that a market-making strategy is involved or that a large-scale liquidation is being prepared. Such operations are typical for managing liquidity across several CEXs or for aiming to reduce price slippage during sell-offs. The uninterrupted transfer of LDO tokens to 0xC4Db means that more transfers to CEXs are probably about to happen. Five hours before this report, an extra 19.41 million LDO was sent out from the same sender addresses, which seems to indicate that this latest batch was also on its way to the same destination as all previous batches: Somewhere in the vicinity of a centralized exchange. What This Means for LDO and the Market This surge in token activity might mean quite a lot for the LDO setup and for how folks are feeling about the market. One of the wallets these tokens are coming from is linked to a vesting contract for the Lido team. So, if nothing else, this setup tells us that those with insider access to Lido are moving a bunch of tokens around. And you can see why, with the price of LDO having doubled over the preceding month. At the same time, the participation of a big global crypto trading service like FalconX adds further credence to the idea that pro liquidity providers or hedge funds are in the midst of some portfolio adjustment. What all these transfers will ultimately lead to—actual sales or broader market-making operations—remains an open question. The volumes are still large enough to demand our attention. If the tokens are to be sold on the open market, we could expect some short-term downward pressure on the price of LDO. On the other hand, if the tokens are used to provide liquidity, we could expect some stabilization in terms of price and trading, although the increase in circulating supply could offset that somehow. Currently, traders and investors are closely observing LDO trading volumes on exchanges and price action for any changes that could be linked to these large on-chain movements. In Summary: Two addresses have given away a combined 30.5 million LDO tokens over the past three days, mostly to a third address that seems to have a market-making function. These large and strange token movements are mostly tied to the team behind Lido and a trading firm called FalconX. Are they trying to lighten their load? Are they trying to give the appearance of more liquidity in the market? We won’t know the true intent behind the transfers until the market reacts, which it will surely do in the next few days. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

17 May 2025, 05:19

Bloomberg Reveals How Binance and Kraken Foiled Phishing Attacks

The post Bloomberg Reveals How Binance and Kraken Foiled Phishing Attacks appeared first on Coinpedia Fintech News Phishing scams are getting smarter, and this time, crypto exchanges were the target. Recent hacks, including a $1.4 billion breach at Bybit , highlight growing threats, with $2.2 billion stolen in 2024 alone. Coinbase is now battling a lawsuit over alleged data lapses and has refused to pay a $20 million ransom, instead offering the same amount as a bounty. While Coinbase fell victim to this social engineering attack, Binance and Kraken managed to stop similar attempts before any damage was done. A new Bloomberg report reveals how these exchanges stayed a step ahead. What Happened at Coinbase? Coinbase revealed in a recent SEC filing that hackers tricked some offshore customer service agents into giving access to certain user data and account records. The attackers reportedly offered bribes to these employees. Although no passwords, private keys, or user funds were stolen, the breach is expected to cost Coinbase up to $400 million . This includes reimbursements and cleanup efforts. To track down those behind the attack, Coinbase is even offering a $20 million reward. Same Tactics Used on Binance and Kraken According to Bloomberg, Binance and Kraken were targeted by the same kind of phishing scheme. Hackers tried to reach out to customer service agents via Telegram and asked for sensitive information like account balances and home addresses. But unlike Coinbase, these two exchanges didn’t suffer any data leaks. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : U.S.-Registered Xinbi Guarantee Linked to $8.4 Billion in Illegal Activity , How Binance and Kraken Stayed Safe Thanks to strong internal security systems, Binance and Kraken were able to detect the suspicious activity early. Their AI tools flagged the phishing attempts before any employee gave up information. This quick response helped protect users and avoid any data loss. Still a Wake-Up Call for Crypto Platforms Even though Binance and Kraken came out safe, the incident is a reminder of how serious social engineering threats have become. Hackers are no longer just targeting systems, they’re targeting people. Exchanges must stay alert, especially when it comes to third-party service providers. This latest string of phishing attacks shows that the crypto industry still has work to do in protecting users. 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Crypto phishing scams have led to $2.2 billion in stolen assets so far in 2024, including a $1.4B Bybit breach. What is social engineering in crypto scams? Social engineering tricks employees into revealing sensitive info to hackers without breaking technical security.

17 May 2025, 05:14

Solana DEX Volumes Surge as Memecoin Trading Continues to Dominate

Solana has a DEX , and in 2025 it started showing signs of recovery, with trading volume increasing to upwards of $6 billion per day in total volume traded. Of that, nearly $4 billion are in memecoins, which have long been a dominant color in the Solana ecosystem. Even with unending doubts about the staying power of memecoin trading, this type of trading has shown itself to be quite sturdy, adapting to—and sometimes leading—new trends and narratives. From late 2023 to early 2024, trades involving memecoins have provided between 40% and 70% of the total trading volume found on Solana DEXs. This kind of trading is far from the total collapse we seemed set for in 2022 and at the beginning of 2023, with trades found in Solana memecoins likely as safe as any trades found on centralized exchanges. Memecoins Drive DEX Growth, with PumpDotFun Leading the Charge Solana DEX volumes are experiencing a resurgence, and that revival is linked closely to trading “ memecoins .” A new player in this realm is @pumpdotfun, which seems to have quickly inflated to near the top of the Solana DEX leaderboard, commanding over 20% of DEX volume in recent weeks. @pumpdotfun features a unique bonding curve and automated market maker (AMM) functionality that have made it popular with users. This growth has not come without consequences, though, as it has seemingly and at least to some extent displaced @RaydiumProtocol in the DEX trading mix. Previously, Raydium held a commanding percentage of the Solana DEX market, accounting for as much as 60% of the total DEX volume. But the memecoin trading movement—taking place on platforms such as PumpDotFun—has blasted off and is now wrecking what’s left of the Solana DEX ecosystem. Raydium is not even mentioned as a key player in the latest segment of the Solana DEX ecosystem on DeFi Lama. Tokens like those traded on PumpDotFun represent an enduring sector on Solana: the memecoin. These offshoots of the meme economy reach obscene heights, and on Solana (as elsewhere), they are propped up by a few factors. High volatility lends them an aura of potential profitability, which attracts traders. Still, they maintain a decent amount of user engagement—because, at the end of the day, what are these tokens but a joke? A joke waiting to be told, retold, and riffed on, the surface reason why the value of these tokens might go up. What are trading memes if not a punchline? New Launchpads and Apps Stir the Market, Shifting Memecoin Market Share Though PumpDotFun has been the long-standing leader, newer projects and platforms are starting to make a big splash in Solana’s DEX landscape. AxiomExchange’s recent rise has been key to the overall increase in app activity across Solana, contributing 5-10% of total trading volume and about 15% of memecoin trading volume. This is a shift that shows the Solana ecosystem is becoming more diversified and that users are exploring a new set of applications and exchange platforms. Additionally, the excitement around memecoin projects and the appearance of new launchpads have turned up the competitive intensity. One notable instance comes from @RaydiumProtocol’s LaunchLab, which has been riding the coattails of @bonk_fun, a top-shelf memecoin that has driven attention and traffic to the platform. This instance illustrates the new-wave project fishing for momentum using the Solana DEX infrastructure to create a buzz around itself. Maybe the most amazing change has occurred with @MeteoraAG, whose market share has rocketed upward thanks to the rising enthusiasm around @believeapp. The roll-out of Believe has sparked fresh interest in the Solana memecoin scene, as the platform really leans into the Internet Capital Markets story. Over just a couple days, Meteora’s market share has blasted up to 25%, while PumpDotFun has seen a slight dip, moving from the mid-30s down to around 20%. 1/ Solana DEX volumes have recovered to mid-February levels, with daily total volumes crossing $6B and memecoin volumes back at nearly $4B. Despite constant remarks about the supposed ephemerality of memecoin trading, the sector has continuously adapted to new narratives. pic.twitter.com/y96FUSvj0E — defi_kay_ (@defi_kay_) May 15, 2025 This transformation highlights the increasing impact of new launchpads and applications within the Solana ecosystem, which are competing with long-established platforms like PumpDotFun. The latest narratives that are gathering momentum and the innovative projects that are in the vanguard of user attention mean that the market dynamics are changing with dizzying speed and that the Solana DEX sector retains a highly competitive and fluid character. Looking Ahead: A Competitive Landscape for Solana DEXs The reestablishment of volumes on Solana’s DEX to levels not seen since mid-February—thanks to the continuing memecoin craze—gives me hope that the Solana ecosystem can stage a comeback. Unlike at some other cryptocurrency exchanges, though, the Solid DEFI team reports relatively few problems with their products. Even the new apps coming onboard, like PumpDotFun, AxiomExchange, and Meteora, don’t seem to be having the kind of negative impact that—along with a decentralized governance proposal—that Raydium had on the market. So, it’s all good, right? Right. Especially, the rise of PumpDotFun has made it a key player in the memecoin sector, but now its dominance is being challenged by new launchpads and apps that are becoming influential. The competition between platforms like Raydium, Meteora, and AxiomExchange shows the development of Solana’s DEX ecosystem and suggests there are probably soon-to-be-released projects that are maintaining this ecosystem’s momentum. While the Solana decentralized exchange (DEX) sector is growing, it looks like one part of its ecosystem is maturing fast. Solana’s memecoins are doing an awful lot of heavy lifting for the blockchain’s DEX sector. Whether they are a passing fad or not, the memecoins seem to be here to stay for a while, and that can’t be anything but good for the Solana decentralized finance (DeFi) © space. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !

17 May 2025, 04:00

SHIB, XRP See Momentum as BlockDAG’s $251M Raise and June 13 Reveal Signal Breakout Moment

In a market shaped by sharp timing, liquidity moves, and community-driven growth, three projects are drawing attention: Shiba Inu (SHIB), XRP, and BlockDAG. SHIB is holding steady near key support levels. XRP is building up with strong chart signals. BlockDAG (BDAG) , however, is making waves with a massive $251 million raise and a big reveal event scheduled for June 13. This reveal will include the final 15 exchange listings for BDAG, on top of the five already confirmed. The team has hinted at major U.S. exchanges but plans to keep those secret until the day arrives. Unlike many projects that wait until launch to share listing updates, BlockDAG is flipping the script. The June 13 reveal is not the launch day. The actual launch will happen when BlockDAG’s presale reaches its $600 million target. Until then, the project is offering a frozen entry price of $0.0020. This approach highlights preparation, confidence, and structure as the project pushes forward toward one of the year’s most-watched releases. Shiba Inu (SHIB) Finds Support Amid Technical Stability SHIB maintains its support around $0.00001690, with a 7% jump within 24 hours. Analysts point to strong support from the 20, 50, 100, and 200 exponential moving averages. The 20 EMA offers a solid base at $0.00001560, giving SHIB a chance to hold firm and rise again. Technical analysis shows SHIB forming a continuation flag on its 4-hour chart. If support near $0.00001650 remains strong, SHIB might retest its earlier highs. Some analysts believe it could aim for $0.000095 later in the year. While it may not repeat its explosive 2021 surge, the chart setup gives SHIB a decent shot at generating gains in the near term. The coin’s structure suggests it still has room to climb in the next few months if current support zones stay intact and trading volume increases gradually. XRP Builds Toward All-Time High on Whale Activity XRP is trading near $2.45 after gaining 3.19% in a day and rising about 20% in a month. Analysts say it is moving into a breakout pattern, backed by strong volume and a bullish triangle formation. Support remains firm at $1.75, while eyes are now on higher resistance points. One driver behind this growth is the activity from large holders. A recent $5.84 million long position opened by a whale has boosted market confidence. With increasing volume and a solid setup, analysts expect the current momentum to continue. If this pattern holds and broader crypto market sentiment doesn’t shift, XRP could make another attempt to test its previous all-time highs. The structure looks promising for those watching key technical signals and chart indicators. BlockDAG’s $251M Raise and Exchange Reveal Gain Traction While SHIB and XRP show signs of growth through chart patterns, BlockDAG is grabbing attention for its milestones. It has now raised over $251 million, with Batch 28 priced at $0.0262, offering a 2,520% increase from its starting batch. More than 20.4 billion coins have already been sold. The highlight is its June 13 Go Live Reveal, where BlockDAG will share the final list of 20 exchanges for BDAG listings. Five are already named: MEXC, LBank, CoinStore, XT.com, and BitMart. The remaining 15 are being kept under wraps until the reveal. This isn’t the official launch but a strategic midpoint. The actual listing will take place once the presale hits $600 million. Until June 13, the project has locked the price at $0.0020, marking a final entry point before it adjusts to market rates. More progress is coming from its hardware side. BlockDAG confirmed that miner shipment videos will be released soon. Devices like the X10, X30, and X100 are being prepared for customers. Over $7 million worth of miners have been sold, totalling 17,525 units so far. BlockDAG’s Buyer Battles is also in headlines, where 100 million coins are up for grabs daily. The biggest buyer of the day receives any leftover supply, adding a new layer of excitement to the presale. Wrapping It Up SHIB shows firm support, and XRP’s rise suggests a potential push toward old highs. But BlockDAG is taking the spotlight for its sharp execution and forward planning. With a $251 million raise, confirmed exchange listings, and physical miner deliveries underway, BlockDAG looks well prepared for its next phase. The Go Live Reveal on June 13 will unveil the full trading roadmap across 20 exchanges. Until that date, the entry price is frozen at $0.0020. Afterwards, with listings going public and momentum building, pricing will shift based on demand and market activity. As SHIB and XRP follow technical patterns, BlockDAG is carving a more structured path. That makes it one of the standout projects heading into the rest of 2025. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post SHIB, XRP See Momentum as BlockDAG’s $251M Raise and June 13 Reveal Signal Breakout Moment appeared first on TheCoinrise.com .

17 May 2025, 03:55

XRP Dominates Upbit Trading with 14.85% Share Despite 39.1% Volume Drop

As of May 17th, recent statistics from CoinGecko reveal that Upbit platform’s trading volume surged to $1.824 billion over the past 24 hours, reflecting a significant decrease of 39.1% from