27 Jun 2025, 17:05

Ledger Phasing Out Nano S Software Support, Here’s Why

Charles Guillemet, the Chief Technology Officer at Ledger, announced in a post on X that the Ledger Nano S hardware wallet will no longer receive software updates. Although it was officially retired in 2022, the Nano S has received some limited updates since then. However, Ledger has now decided to stop all software support for this model due to major hardware limitations. Users to Upgrade to Nano S Plus Guillemet explained that the Nano S does not have enough memory to support new security features and multiple applications. He pointed out that apps like Bitcoin (BTC), Ethereum (ETH), LedgerOS, and exchange apps already fill almost all the memory on the device. This limits the ability to add new features, which is crucial in today’s changing digital asset ecosystem. Although support for the Nano S has ended, users can still use their devices for basic functions such as sending, receiving, and swapping funds. However, users will not receive any future security updates or new application support. Meanwhile, Ledger has encouraged users to upgrade to the Ledger Nano S Plus, which launched in 2022. It is worth noting that Ledger’s decision aligns with its aim of focusing on newer devices. This change helps the company focus on secure, innovative, and scalable hardware solutions. Ledger Teases Collaboration With Pudgy Penguins Recall that Ledger has hinted at a collaboration with the popular Non-Fungible Token (NFT) collection, Pudgy Penguins. Interestingly, the announcement sparked excitement within the crypto community. This upcoming initiative is part of Ledger’s broader effort to expand its operations in the crypto industry. Ledger posted a cryptic message including geographical coordinates, suggesting the event will be launched in Dubai. As reported by TheCoinRise, the details of the partnership remain unknown. Ledger Faces Discord Breach Meanwhile, the hardware wallet provider is under the cybersecurity microscope after confirming that its Discord server was briefly compromised. A malicious actor exploited the account of a contracted moderator to post a fraudulent message urging users to verify their recovery phrases via a phishing link. While Ledger has insisted the incident was isolated and internal security measures have been tightened, the breach highlights a recurring vulnerability in community-driven platforms . As of now, Ledger has not confirmed whether any wallets were compromised and has yet to issue a public statement beyond the Discord update. The post Ledger Phasing Out Nano S Software Support, Here’s Why appeared first on TheCoinrise.com .

27 Jun 2025, 16:18

Sonic partners with Kaito to reward active X engagement around $S brand

Sonic has integrated with a web3 data platform, Kaito, in a strategic move aimed at blending social media discussions with on-chain rewards. The collaboration comes in time for Sonic’s Sn 2 airdrop, with renewed priority to reward active X contributors who add value to $S’s growing ecosystem with meaningful conversations. The official announcement states: For season 2 of the S airdrop, users who post quality content and help grow the conversation around Sonic on Twitter will earn Yap points that count toward their airdrop allocation, retroactively tracked from the start of the season on June 18, 2025. Sonic Labs @SonicLabs · Follow Sonic is now live on @KaitoAI .Earn $S airdrop points by sharing content and insights about Sonic, tracked on our Yapper Leaderboard.Your mindshare matters.🔗 blog.soniclabs.com/sonic-integrat… Watch on Twitter View replies 4:23 PM · Jun 27, 2025 778 Reply Copy link Read 318 replies This move revolutionizes how cryptocurrency enthusiasts engage with airdrops, shifting from DeFi action to social-driven incentives. X engagements count with Sonic Previously, you had to interact with decentralized applications (dApps), hold tokens, or lock liquidity to qualify for an airdrop. However, web3 is evolving, and Sonic looks to lead the transformation by turning off-chain influence into legitimate value. It will leverage Kaito’s Yapper Leaderboard to track and incentivize users whose posts bolster the Sonic project. Users can post educational materials and product reviews or support the brand through optimistic commentary. The reward model will not use vanity metrics like impressions or likes but relevancy, quality, and contribution. Sonic Labs CEO Michael Kong commented on the new integration: With Kaito Yaps, we’re giving real weight to the people pushing Sonic forward on social media through insights, research, and quality content that drives awareness. If you’re shaping the narrative, it’s only fair that you should share in the upside. Meanwhile, Kaito founder and CEO Yu Hu praised Sonic for using Kaito to launch their Yapper Leaderboard. He believes the move underscores how the crypto project values its community and individuals supporting its vision. How to earn Sonic rewards through X? The process is smooth. Starting June 18, Sonic will use Kaito to track all X posts that mention Sonic with meaningful discussions aimed at enriching the brand. It will reward enthusiasts who post insightful content about Sonic’s ecosystem updates, technology, and DeFi applications. Also, those who publish research or education threads to bolster brand awareness will receive $S giveaways. The goal is to participate in positive engagement that helps more people understand Sonic. You can educate individuals on how Sonic has performed since rebranding from Fantom . Moreover, you can help others understand Sonic’s strategic moves to enhance liquidity for the native S. Remember, you increase your incentives the more your conversations inspire or inform Web3 fans. Meanwhile, Sonic has transformed its airdrop models. The project even introduced a giveaway dedicated to American users , venturing into a territory that most crypto entities avoid due to unclear regulations. $S trades at $0.3057 after gaining 2% in the past 24 hours. The post Sonic partners with Kaito to reward active X engagement around $S brand appeared first on Invezz

27 Jun 2025, 13:58

Shopping with Crypto: Will Amazon Make XRP a Checkout Option?

The payments landscape in the digital world is changing fast, and the latest buzz has been centered on a potential game-changer: Amazon considering the use of Ripple's XRP cryptocurrency within its payment system. Although the acquisition has not been announced, recent news and developments show that the retailing giant is seriously contemplating using XRP's blockchain technology. What will this potentially do for consumers, merchants, and the future of online payments? Let's discuss. Amazon's Interest in XRP In June 2025, news that Amazon Web Services (AWS) is already looking into using Ripple's XRP for payment on its sites sent the cryptocurrency community into a frenzy. During an official AWS panel, an AWS representative revealed that there is actually a dedicated team working with Ripple closely to explore the best opportunities for XRP integration, in collaboration with consumer platforms and merchants alike. While neither Amazon nor Ripple has confirmed anything yet, the mere fact that AWS is in discussion phases regarding XRP is significant. Amazon's huge global reach makes it so that any move in the direction of crypto payments would make a difference in the industry on an even larger level. XRP enthusiasts have hailed this as a move towards crypto adoption from theory to practice. How Would XRP Work on Amazon? If Amazon were to accept XRP as a form of payment, it would be a revolutionary shift in the world of e-commerce. Here's how it could go down: XRP's blockchain can process transactions in seconds, compared to traditional payment systems that may take days to settle. XRP payments have low transaction fees, which would be beneficial to both Amazon and customers. RippleNet, the network that underlies XRP, connects banks and payment providers across the world, making cross-border payments fast and frictionless. Ripple's xVia API makes it easy to integrate, allowing Amazon to accept payments in XRP into its existing infrastructure with little to no modification. For the consumer, it could mean paying with XRP at the checkout point, with immediate confirmation and lower fees. For Amazon, it could mean new markets, especially where traditional banking is inaccessible or expensive. Ripple's Enterprise Edge Ripple, the company behind XRP issuance, spent years building connections with banks, payments firms, and regulators across the globe. Its technology is already being used by over 100 institutions, including major banks like Santander and Kotak Mahindra Bank. Ripple's products—xCurrent for immediate payments, xRapid for demand liquidity, and xVia for easy integration—are designed to seamlessly fit into existing financial infrastructures. Amazon's AWS Partner Profile even features these Ripple products, promoting their ability to cut costs and speed up transactions for banks and companies alike. Such enterprise-grade infrastructure is one of the many reasons XRP qualifies as a top candidate for mass-market adoption. What's in It for Amazon and Its Shoppers? Using XRP can help Amazon in several respects: Efficiency and Speed : XRP's settlement in near-real time can make online shopping even quicker and more convenient. Cost Savings : Lower fees could translate to savings for consumers and Amazon alike, either in the form of lower prices or rewards for loyalty. International Expansion : Accepting XRP would enable Amazon to reach customers in those places where access to credit cards is bad or remittance is prohibitively costly. Innovation Leadership : Being among the first large retailers to accept cryptocurrency would further cement Amazon's reputation as a technology leader. For customers, using XRP to pay would mean faster refunds, lowered worldwide shipping costs, and a simpler checkout process—especially for users who already know digital currencies. XRP Price Impact and Market Outlook The crypto market responded positively to the news, with XRP's price rising on rumors of Amazon's interest. Technical analysis suggests that XRP will reach as high as $2.10 by April 2025 if adoption levels continue to rise. Although there are speculations that Amazon has been a long-time holder of XRP since 2015, no such holding was officially confirmed. However, the partnership—if taken to maximum—can be a template for other global retailers, propelling mainstream adoption of crypto and further innovation in digital payments. The bottom line While hype is gathering, note that currently, Amazon's exploration of XRP remains at the research and partnership stage. There is no timeline for a launch announced, and regulatory concerns still remain, notably in the U.S. where crypto policy remains under construction. But the message is definite: the world's biggest online retailer is very much considering using blockchain-based payments. If Amazon does follow through on XRP, it might totally change the way we shop online and how value moves between borders. In brief : Amazon's potential use of XRP is more than just a headline—it's a glimpse at the future of internet shopping, where global access, efficiency, and speed are all facilitated by blockchain. As crypto becomes more widely adopted, everyone will be waiting to see if Amazon leads the way.

27 Jun 2025, 13:40

Avalon Labs: Pioneering Crucial Regulatory Clarity for the Crypto Industry

BitcoinWorld Avalon Labs: Pioneering Crucial Regulatory Clarity for the Crypto Industry The cryptocurrency landscape is constantly evolving, and at its core, the quest for regulatory clarity remains a paramount challenge and opportunity. In a significant move towards shaping a more favorable environment for digital innovation, on-chain financial services platform Avalon Labs recently announced a pivotal discussion with the Bitcoin Policy Institute in Washington, D.C. This collaboration marks a crucial step in advocating for a robust and innovation-friendly regulatory framework in the United States. What is Avalon Labs’ Vision for Crypto Innovation? Avalon Labs (AVL) operates as an on-chain financial services platform, dedicated to building infrastructure that supports the burgeoning decentralized finance (DeFi) ecosystem. Their core mission revolves around fostering a secure, efficient, and accessible financial future powered by blockchain technology. Their engagement with key policy-making bodies like the Bitcoin Policy Institute underscores their commitment not just to technological development, but also to shaping the regulatory landscape that will allow these innovations to thrive. By actively participating in these dialogues, Avalon Labs aims to ensure that future regulations are informed, balanced, and conducive to growth, rather than stifling it. The Bitcoin Policy Institute : A Key Voice in D.C.? The Bitcoin Policy Institute (BPI) is a non-profit organization dedicated to educating policymakers and the public about Bitcoin and the broader digital asset space. Based in Washington, D.C., BPI plays a vital role in advocating for sound public policy that supports the development and adoption of decentralized technologies. Their work involves research, advocacy, and direct engagement with lawmakers to ensure that the unique properties and benefits of cryptocurrencies are understood within legislative circles. Their collaboration with Avalon Labs highlights a shared objective: to create an environment where innovation in the digital asset space can flourish without undue regulatory burdens. Why is Regulatory Clarity So Crucial for the U.S. Crypto Industry ? The absence of clear and consistent regulation has long been a significant hurdle for the U.S. crypto industry . This ambiguity creates uncertainty for businesses, investors, and developers alike. Here’s why regulatory clarity is not just beneficial, but essential: Fosters Innovation: Without clear rules, companies hesitate to invest heavily in new technologies and services, fearing potential legal repercussions. Clarity encourages research, development, and the launch of new products. Attracts Investment: Institutional investors and traditional financial firms are often wary of entering markets with unclear regulatory landscapes. Defined rules provide the confidence needed to deploy significant capital. Protects Consumers: While often seen as a burden, well-crafted regulations can protect consumers from fraud and market manipulation, building trust in the ecosystem. Ensures Global Competitiveness: Other nations are actively developing comprehensive crypto frameworks. The U.S. risks falling behind if it doesn’t establish its own clear path, potentially losing talent and capital to more hospitable jurisdictions. Reduces Legal Costs: Companies currently spend significant resources navigating a patchwork of state and federal regulations. Clarity can streamline compliance and reduce operational overhead. Unpacking the Blockchain Regulatory Certainty Act (BRCA): A Game Changer? During their discussion, Avalon Labs specifically expressed its support for the Blockchain Regulatory Certainty Act (BRCA). This proposed legislation aims to provide much-needed clarity for certain entities operating in the blockchain space. At its core, the BRCA seeks to exempt blockchain developers and providers of non-custodial blockchain services from certain money transmission laws, provided they do not take custody of consumer funds. The implications of the BRCA are significant: It distinguishes between entities that hold user assets (like exchanges) and those that simply build the underlying technology (like software developers or decentralized protocol creators). By providing this distinction, it aims to prevent innovative projects from being inadvertently caught under outdated financial regulations designed for traditional intermediaries. This could significantly reduce the compliance burden for many blockchain innovators, encouraging more development directly within the U.S. Avalon Labs views the BRCA as a crucial step towards achieving the regulatory clarity the crypto industry desperately needs to mature and integrate more seamlessly into the broader financial system. Shaping the Future of the U.S. Crypto Industry : What’s Next? The dialogue between Avalon Labs and the Bitcoin Policy Institute is more than just a single meeting; it represents a growing trend of proactive engagement between industry players and policymakers. As the digital asset space continues its rapid evolution, such collaborations are essential to ensure that legislation is both informed by technological realities and aligned with the goals of fostering innovation while safeguarding market integrity. The path to comprehensive regulatory clarity for the crypto industry in the U.S. is ongoing, but these direct conversations in Washington, D.C., are foundational. They help bridge the knowledge gap between complex decentralized technologies and the traditional legislative process. As Avalon Labs stated, they look forward to continuing these vital conversations and contributing to the broader progress of the industry. The future success of the U.S. as a leader in blockchain and crypto innovation hinges on its ability to craft forward-thinking regulations. Initiatives like the support for the Blockchain Regulatory Certainty Act are pivotal in demonstrating the industry’s commitment to working constructively with lawmakers to achieve a thriving, regulated, and innovative digital economy. To learn more about the latest crypto industry trends, explore our article on key developments shaping Bitcoin and Ethereum institutional adoption. This post Avalon Labs: Pioneering Crucial Regulatory Clarity for the Crypto Industry first appeared on BitcoinWorld and is written by Editorial Team

27 Jun 2025, 13:09

Ripple (XRP) Already Has 90% Coverage of Global Network

In a recent post shared by crypto researcher SMQKE, an important update regarding Ripple’s current global positioning was highlighted. The tweet stated that Ripple already has 90% coverage of the world’s global networks. The post was accompanied by a video that provided a detailed breakdown of how Ripple, along with XRP, is progressing in terms of institutional adoption and regulatory alignment. The speaker explained that the adoption of XRP is currently not significantly challenging from a regulatory standpoint. He emphasized that Ripple has engaged in extensive discussions with regulators worldwide. As an example, he pointed out that the Bank of England conducted a proof of concept using Ripple’s technology. He noted that the Bank of England is widely regarded as one of the most conservative and highly respected financial institutions globally. This engagement was presented as a strong indicator of Ripple’s credibility and its compliance with regulatory expectations. “Ripple ALREADY HAS 90% COVERAGE OF THE WORLD’S GLOBAL NETWORKS.” Listen closely. pic.twitter.com/bTN5lbEGSH — SMQKE (@SMQKEDQG) June 24, 2025 Regulatory Backing and Technological Alignment According to the information shared, Ripple benefits from solid regulatory support primarily because XRP was designed from its inception as a currency meant for transactions. This foundational purpose places XRP in a favorable position when working with regulators and financial institutions. The speaker indicated that the structure and intent behind XRP eliminate many of the hurdles typically faced by other digital assets attempting to integrate with traditional financial systems. The video further explained that the strategy for driving XRP adoption involves leveraging the banking institutions already associated with Ripple. These banks, which were shown in a prior presentation slide referenced by the speaker, form the core framework for Ripple’s expanding network. By collaborating with these institutions, Ripple is able to establish a strong and scalable foundation for cross-border transactions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 90% Global Network Coverage A significant point made in the video is that the banks Ripple is working with collectively offer approximately 90% coverage of the world’s global banking networks. This extensive coverage is seen as a key enabler for XRP adoption on a massive scale. The speaker emphasized that once these partner banks engage in multi-corridor transaction volumes, it naturally becomes easier for additional banks to join the network. This process not only simplifies XRP integration but also accelerates its use in international payments. The speaker added that discussions with banks worldwide regarding XRP usage are active and productive. This further supports the narrative that XRP is not only technically capable but also institutionally acceptable for cross-border payment solutions. Successful Pilot Demonstration The video also detailed a recent liquidity pilot conducted by Ripple in collaboration with a company called Qualex in the United States. This pilot occurred in the third quarter of the year and involved making payments from the United States to Mexico. The process started with U.S. dollars being converted into XRP, which was then transferred via the blockchain to Mexico and subsequently converted into Mexican pesos. An interesting outcome of this pilot was that the banks involved requested Ripple to slow down the processing speed. The explanation given was that the payments were being delivered faster than the banks could handle, indicating that the efficiency of XRP-based transactions exceeded the operational processing capabilities of the traditional banking systems involved. The speaker concluded by affirming that XRP is already being actively used in this operational mode and that Ripple continues to engage with financial institutions to expand the adoption and functionality of its blockchain-based solutions. 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 Ripple (XRP) Already Has 90% Coverage of Global Network appeared first on Times Tabloid .

27 Jun 2025, 12:52

This Clip Shows How Important XRP is for the Financial Sector

XRP enthusiast Lord XRP has emphasized the growing importance of XRP within the global financial ecosystem. In a recent post, Lord XRP described a video clip as a perfect demonstration of how crucial XRP has become to the financial sector. He further stated that XRP is already indispensable and acknowledged the significant progress made in recent years. His post concluded with the assertion that Ripple will be the solution moving forward. THIS IS A PERFECT CLIP TO SHOW HOW IMPORTANT #XRP IS FOR THE FINANCIAL SECTOR. ITS ALREDY INDISPENSABLE. WE HAVE MADE A LOT OF PROGRESS IN THE RECENT YEARS #RIPPLE WILL BE THE ANSWER! pic.twitter.com/rT4oBzQXzj — Lord XRP (@Bitforcoinz) June 25, 2025 Insights from Global Financial Leaders The video attached to the post features key remarks from influential figures in the financial world, including Christine Lagarde, who previously served as France’s Minister for Economic Affairs, Finance, and Employment. Lagarde confirmed that central banks globally have collectively decided to implement digital currencies, indicating that central bank digital currencies (CBDCs) are moving from concept to reality. Her statement underscores a major shift towards the adoption of digital financial infrastructure. A second speaker in the video explained that although digital currencies may still seem unconventional to some, they are rapidly moving into the mainstream. He noted that major banks are fully aware of this transformation and are actively investing in the necessary technology. According to him, these institutions are prepared to offer digital currency-related services as soon as it becomes financially viable for them. This perspective reflects the ongoing evolution of traditional banking systems to accommodate digital assets and blockchain technology. Ripple’s Approach to Solving Financial Problems Ripple CEO Brad Garlinghouse also featured in the video, providing a clear summary of Ripple’s role in the financial landscape. Garlinghouse explained that Ripple offers a suite of technologies designed to help banks and regulated financial institutions settle cross-border transactions more efficiently. He highlighted that Ripple’s solutions dramatically accelerate transaction settlements between financial institutions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Garlinghouse addressed comparisons between Ripple and Bitcoin , stating that being compared to Bitcoin could be considered a compliment if Ripple is indeed solving real problems at scale. He emphasized the importance of distinguishing between genuine utility and mere hype within the cryptocurrency space. In another part of the video, a speaker asked Garlinghouse whether being compared to Bitcoin should be seen as a compliment. Garlinghouse responded by reiterating that solving meaningful problems in the financial sector is the key metric for success, rather than simply chasing speculative attention. Community Reactions Reflect Broader Sentiments A user commenting on Lord XRP’s post expressed both optimism and frustration. The user acknowledged that Ripple and XRP have made substantial progress in establishing new partnerships across the financial industry. However, they questioned why this growth has not yet translated into significant price movement for XRP. The commenter also wondered why legal proceedings, particularly decisions from the presiding judge, continue to delay progress in terms of market performance. Lord XRP’s post, along with the perspectives shared in the video, highlights the continued integration of blockchain solutions, such as XRP, into mainstream finance. The statements made by leaders such as Christine Lagarde and Brad Garlinghouse underline how the financial sector is steadily embracing digital assets, reinforcing the narrative that XRP plays an increasingly vital role in the transformation of global finance. 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 This Clip Shows How Important XRP is for the Financial Sector appeared first on Times Tabloid .