Invest ideasNews
4 May 2026, 16:20
Shopify and National Bank of Canada are among backers of a new digital currency built to settle trades 24/7
Tetra Trust's new stablecoin, CADD, is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing legacy batch systems.
4 May 2026, 16:10
South Korea's crypto exchanges push back on proposed escalation of AML rules
South Korea’s 27 registered crypto operators filed a joint objection on April 29 against proposed anti-money-laundering rules. The proposed rules would force them to report every transaction above 10 million won (roughly $7,000) to the country’s Financial Intelligence Unit. Exchanges reject proposed anti-money-laundering rules The Digital Asset Exchange Alliance (DAXA), which represents the five major Korean exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, along with 22 smaller licensed operators, submitted a formal objection to the proposed anti-money laundering rules through the Korea Legislation Research Institute’s public comment portal. South Korea’s primary anti-money laundering (AML) law, the Specific Financial Information Act, currently requires crypto operators to file suspicious transaction reports (STRs) with the Financial Intelligence Unit (FIU) only when they have reasonable grounds to suspect illicit activity. The amendment would treat all transactions above 10 million won (about $6,800) as inherently suspicious. DAXA estimates the change would increase the big five exchanges’ STR filings from 63,408 last year to nearly 5.5 million, an 85 times increase. The proposed rules also introduce a new rule that forces crypto operators to verify the accuracy of customer identification data. DAXA argued that adding a separate “verification” layer is going beyond what the current law requires. Under the proposed rules, if a crypto exchange fails to follow customer verification rules, it could face a full business suspension. But for traditional banks or other financial firms, the same violation usually just results in a fine. Cryptopolitan has previously reported on the unique regulatory pressure that the crypto industry faces. Earlier this year, the opposition People Power Party’s floor leader Song Eon-seok made a similar argument on when taxes were imposed on crypto gains. He told exchange executives that taxing crypto gains while having abolished the equivalent tax on stock investments amounts to unfair treatment. South Korea’s tightening regulatory environment South Korea’s regulators are also intensifying their oversight of the Korean crypto markets. Cryptopolitan reported that the Financial Services Commission (FSC) imposed new real-time monitoring requirements on major exchanges following Bithumb’s accidental payout of 620,000 Bitcoins instead of 620,000 won in February. Exchanges must now balance their internal ledgers with actual holdings every five minutes, rather than every 24 hours. The FIU has also imposed a six-month partial business suspension and a 36.8 billion won ($24.6 million) fine on Bithumb for roughly 6.65 million AML violations. The suspension was later paused by a Seoul court after the exchange filed an injunction. Upbit’s operator, Dunamu, won a similar court challenge, getting its three-month suspension vacated. Coinone is now contesting its own sanctions. The public comment period for the proposed AML rules ends on May 11. After that, the amendments will be reviewed by the Regulatory Reform Committee and the Ministry of Government Legislation. The government is currently targeting a final cabinet vote in July. If passed, some parts of the law would take effect as soon as August 20, 2026, while others would be phased in starting in early 2027. Your bank is using your money. You’re getting the scraps. Watch our free video on becoming your own bank
4 May 2026, 16:02
Ex-Ripple CTO: Why Is XRP Not Already $20 If There’s Even a 1% Chance of $10K?
Crypto analyst Steph Is Crypto (@Steph_iscrypto) has drawn attention to recent comments from Ripple’s former Chief Technology Officer, David Schwartz, about XRP’s price potential and Ripple’s strategy. The comments have put Schwartz at the center of a heated debate about the $10,000 XRP price . A user asked Schwartz to weigh in on the theory based on Chris Burniske’s crypto valuation formula, and many in the community did not appreciate Schwartz’s answer. Schwartz applied basic expected value logic to the $10,000 thesis. He explained that if wealthy investors genuinely believed there was even a 1% chance of XRP reaching $10,000 within a decade, market forces would have already pushed the price to at least $20 . As XRP trades well below that level, Schwartz used the gap to challenge the theory’s credibility. CRAZY: David Schwartz says “If there’s even a 1% chance of $10K XRP… why isn’t it already $20?” pic.twitter.com/xtMN5SvdxU — STEPH IS CRYPTO (@Steph_iscrypto) May 1, 2026 Ripple Is Not Sitting on a Price Switch A follow-up comment pushed further, suggesting Ripple could use its own products, Ripple Prime and Ripple Treasury, to drive XRP above $100. Schwartz rejected the premise. He acknowledged that there may have been a time when it was plausible to argue Ripple was holding back some mechanism to dramatically increase XRP’s price , waiting for the right moment. He said that the argument is very difficult to make today. Schwartz stated that Ripple has been open about what it is doing and why. He added that while the company is not transparent about everything, it is not concealing any grand conspiracy. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Bigger Picture on Regulatory Clarity In a clip shared by Steph, Schwartz outlined Ripple’s position on crypto legislation. He expressed support for securing regulatory clarity now through the CLARITY Act , even if the resulting bill is imperfect. He described Ripple’s strategy as enterprise adoption first, with retail expansion to follow. He sees that path mirroring how the internet developed, starting with government and corporate users before reaching everyday consumers. Schwartz acknowledged that some in the industry, including Coinbase and Charles Hoskinson, have threatened to oppose legislation that does not meet their standards. He gave them the benefit of the doubt, suggesting this may be a negotiating posture rather than a firm position. The goal, in his view, is to secure the best possible bill without closing the door on new entrants to the space. 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 advised to conduct thorough 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 Ex-Ripple CTO: Why Is XRP Not Already $20 If There’s Even a 1% Chance of $10K? appeared first on Times Tabloid .
4 May 2026, 15:35
Evernorth moves closer to Nasdaq listing under XRPN
Evernorth has filed a new Form S-4 as the Ripple-backed XRP treasury firm gets closer to a planned listing on Nasdaq Inc. (NASDAQ: NDAQ) under the ticker XRPN. The company wants to enter public markets through a merger with Armada Acquisition Corp II (NASDAQ: AACI), with more than 473 million XRP sitting at the center of its treasury plan. The deal still needs SEC approval and a vote from Armada shareholders. Until that happens, Evernorth is still waiting at the gate. Evernorth builds its public listing plan around a large XRP treasury Ashish Birla, the CEO of EvernorthXRP, spoke about the plan at a live event in Las Vegas. He said the company wants to give investors stock-style access to XRP through XRPN. So instead of buying the token directly, investors would buy shares in a company whose main strategy is tied to XRP. The setup has an obvious link to Strategy Inc. (NASDAQ: MSTR) and its Bitcoin (BTC) treasury model. Strategy made Bitcoin the core of its balance sheet. Evernorth is taking a similar route with XRP, but it is not planning to sit still and hope the chart behaves. The company wants to use part of its XRP pile in yield strategies over time. That means Evernorth wants to earn more than just any future price gain from the token. The plan is aimed at large investors that want crypto access through a regulated stock, not through direct custody. Ashish said the structure is meant for institutions that prefer equity-based crypto exposure. He also pointed to stronger demand for products such as crypto ETFs and tokenized assets, as Wall Street keeps finding ways to package cryptocurrencies in formats it already understands. Ashish links XRP to tokenization as Binance and Bybit data show falling reserves Evernorth also wants to connect its public-market structure with blockchain tools. That includes possible DeFi use across the XRP network, where future yield products could be built if the ecosystem gets enough activity, liquidity, and developers. Ashish called tokenization the direction finance is heading and said, “I do believe that XRP is going to be a leader there.” He tied that view to XRP’s past focus on payments, settlement, and liquidity. Ashish also pointed to XRP-based DeFi as one of the areas he is watching. Flare, Axelar, and native XRP Ledger work could help create more on-chain products for the token. The market data is rougher than the pitch deck would like. XRP is down about 13% over the past quarter, caught in a weaker crypto market. On May 1, XRP open interest delta on Bybit rose by about $23.9 million, while Binance saw about $2.7 million. Reserves also fell on both exchanges. Binance XRP balances dropped from about 2.80 billion XRP on March 17 to around 2.76 billion XRP by May 4, down about 50 million XRP, or 1.8%. Bybit fell from about 117 million XRP to nearly 98 million XRP, down around 19 million XRP, or 16.2%. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance .
4 May 2026, 15:15
Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield
BitcoinWorld Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield Binance, the world’s largest cryptocurrency exchange, has launched a groundbreaking withdrawal lock feature to combat the rising threat of cryptocurrency hacking . This new tool allows users to temporarily block all outgoing transactions for a period of one to seven days. The move directly addresses a critical vulnerability in crypto security: the time gap between a breach and fund recovery. Binance Withdrawal Lock: A User-Controlled Defense Against Hacking According to a report from CoinDesk, the feature operates as an on-chain withdrawal lock. Users can activate it directly from their account settings. Once enabled, the exchange itself cannot disable the lock. The only exception involves a formal order from a law enforcement agency. This design ensures that even if a hacker compromises a user’s account credentials, they cannot instantly drain the funds. Binance Chief Security Officer (CSO) Jimmy Su explained the feature’s origin. He stated that the development team focused on countering physical threats targeting cryptocurrency holders. Criminals often use intimidation or coercion to force victims to authorize withdrawals. The lock provides a critical buffer. It gives users time to secure their assets or contact authorities. How the Withdrawal Protection Feature Works The implementation is straightforward. Users navigate to the security settings within their Binance account. They select a lock duration between 24 hours and seven days. The system then activates a smart contract-based restriction on the wallet. No withdrawals can occur during this period. The lock is irreversible by Binance staff, adding a layer of trust. Duration flexibility: Choose 1, 3, or 7 days. On-chain enforcement: The lock is recorded on the blockchain. No exchange override: Only a court order can bypass it. Physical threat protection: Prevents forced withdrawals under duress. Why the Crypto Industry Needs Withdrawal Protection The cryptocurrency sector has suffered massive losses from hacking. In 2024 alone, hackers stole over $2 billion from centralized and decentralized platforms. Many attacks exploit the time between credential theft and fund movement. Traditional security measures like two-factor authentication (2FA) help, but they are not foolproof. Social engineering attacks can bypass them. This new crypto withdrawal protection addresses a fundamental flaw. It introduces a deliberate time delay. Even if a hacker gains full access, they cannot move funds instantly. This gives the legitimate owner a window to react. It also complicates the attacker’s logistics. They must maintain access for days, increasing their risk of detection. Industry experts have praised the approach. They note that it mirrors traditional banking security. Banks often place temporary holds on large or suspicious transactions. Binance is now applying a similar principle to crypto. The difference is that the user, not the bank, controls the lock. Comparison: Binance Lock vs. Traditional Security Measures Feature Binance Withdrawal Lock Standard 2FA Whitelist Addresses User Control Full (user sets duration) Partial (shared with authenticator) Full (user manages list) Exchange Override No (except court order) Yes (support can reset) Yes (support can modify) Time Delay 1-7 days enforced None None Physical Threat Protection Strong Weak Moderate Physical Threats: The Unseen Risk for Crypto Holders Jimmy Su highlighted a disturbing trend. Criminals are increasingly targeting individuals directly. They use physical violence or threats to force victims to log into their accounts. This is known as a ‘crypto-jacking’ or ‘wallet-jacking’ attack. The victim, under duress, must comply. Standard security measures fail in these scenarios. The attacker controls the victim’s actions. The Binance security feature directly counters this. A user can activate the lock proactively. If they feel threatened, they can lock their account. Even if forced to log in, the attacker cannot withdraw funds. The victim can explain the delay to the attacker, buying time. This psychological barrier is a powerful deterrent. Su emphasized that the feature is not just for high-net-worth individuals. Regular users face risks too. Hackers often target smaller accounts for quick gains. The lock provides equal protection for all account tiers. Timeline of Binance Security Enhancements 2021: Introduced mandatory address whitelisting for new withdrawals. 2022: Launched AI-based fraud detection for withdrawal requests. 2023: Added hardware security key support (FIDO2). 2024: Deployed real-time session monitoring for suspicious logins. 2025: Launched the on-chain withdrawal lock feature. Broader Implications for Exchange Security This move sets a new industry standard. Other major exchanges may now feel pressure to offer similar crypto security tools . The feature also aligns with regulatory trends. Regulators worldwide are pushing for stronger consumer protections. The withdrawal lock demonstrates proactive risk management. However, there are potential drawbacks. Users could accidentally lock themselves out during market volatility. For example, a trader might need to move funds quickly to cover a margin call. The lock would prevent this. Binance advises users to consider their trading needs before activating the lock. They recommend using it during periods of inactivity or heightened risk. Another concern involves law enforcement cooperation. The exception for court orders is necessary for legal compliance. But it creates a potential loophole. A compromised authority could issue a fake order. Binance states it will verify all orders through a rigorous process. This includes cross-checking with the issuing agency. Expert Analysis: A Step Forward for User Sovereignty Cybersecurity analysts view the feature as a significant step. It shifts some security control from the exchange to the user. This aligns with the core ethos of cryptocurrency: self-custody and personal responsibility. While Binance is a centralized platform, this feature introduces a decentralized security element. Dr. Elena Petrova, a blockchain security researcher, commented on the development. She noted that the on-chain nature of the lock is crucial. It makes the restriction transparent and immutable. Users can verify the lock status on the blockchain. This reduces reliance on the exchange’s internal systems. The feature also has implications for insurance. Some crypto insurance policies require proof of security measures. A withdrawal lock could lower premiums. It demonstrates a proactive stance against theft. Conclusion Binance’s new withdrawal lock feature represents a practical and powerful tool against cryptocurrency hacking . By giving users the ability to freeze withdrawals for up to seven days, it addresses both digital and physical security threats. The feature is irreversible by the exchange, ensuring trust and transparency. As the crypto industry continues to mature, such user-controlled security measures will become essential. This innovation not only protects individual assets but also strengthens the overall resilience of the exchange ecosystem. Users should explore this option to enhance their personal security posture. FAQs Q1: How do I activate the Binance withdrawal lock? A: Log into your Binance account, go to Security Settings, find the ‘Withdrawal Lock’ option, and choose a duration from 1 to 7 days. Confirm the activation. Q2: Can Binance cancel my withdrawal lock? A: No, Binance cannot cancel the lock once activated. The only exception is a valid court order from a law enforcement agency. Q3: Does the withdrawal lock affect deposits or trading? A: No, the lock only blocks outgoing withdrawals. You can still receive deposits and trade within your account normally. Q4: What happens if I need to withdraw funds urgently during a lock? A: You must wait until the lock period expires. Plan your lock durations carefully to avoid being locked out during market opportunities. Q5: Is this feature available for all Binance users? A: Yes, the feature is rolling out globally to all verified Binance users. Check your account settings for availability. This post Binance Withdrawal Lock Feature Blocks Hacking Attacks: A Powerful New Security Shield first appeared on BitcoinWorld .
4 May 2026, 15:10
K Wave Media abandons Bitcoin treasury push for AI infrastructure
K Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing.
