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23 May 2026, 10:40
XRP Ledger Enters Next Phase With Incoming XRPL Update
New XRPL version in the works signals stronger security push for XRP Ledger.
23 May 2026, 10:26
Ripple and Stellar highlighted in $XRP global payment vision
🚨 Ripple and Stellar landed center stage in $XRP global payment plans. UNCDF’s vision joins blockchain networks with banks and card giants. 🧐 Key point: Tokenized compliance may redefine how regulations are automated worldwide. Continue Reading: Ripple and Stellar highlighted in $XRP global payment vision The post Ripple and Stellar highlighted in $XRP global payment vision appeared first on COINTURK NEWS .
23 May 2026, 10:25
Chinese Man Sentenced to 12 Years for Stealing Friend’s Bitcoin
BitcoinWorld Chinese Man Sentenced to 12 Years for Stealing Friend’s Bitcoin A Chinese court has finalized a 12-year and seven-month prison sentence for a man convicted of stealing and selling Bitcoin belonging to an acquaintance. The case, which highlights the growing legal scrutiny around cryptocurrency custody and trust, was decided by the People’s Procuratorate of Changshan District in Fuzhou City. Theft Through Breach of Trust According to court documents, the convicted individual, identified only as Lin, was asked by the victim, Wang, for assistance in cashing out Bitcoin in late 2020. During this process, Lin secretly obtained the private key to Wang’s cryptocurrency wallet from his computer. He then transferred four Bitcoin to his own account and subsequently sold the assets, realizing an illicit profit of approximately 900,000 yuan (about $124,000 at the time of the theft). The victim did not discover the missing assets until 2024, when he reported the theft to authorities. This led to Lin’s arrest and prosecution. An appellate court upheld the original sentence, which also included a fine of 300,000 yuan (approximately $41,000). Legal and Market Implications This case underscores the legal risks associated with self-custody of cryptocurrency, particularly when relying on third parties for technical assistance. In China, where cryptocurrency trading has been effectively banned since 2021, legal cases involving digital assets are often handled under broader theft or fraud statutes. The severity of the sentence — over 12 years for a theft of roughly $124,000 — reflects the serious view Chinese courts take on crimes involving digital assets, even when the value is relatively modest by international standards. What This Means for Crypto Owners For cryptocurrency holders, this case serves as a stark reminder of the importance of private key security. The theft was only possible because the victim shared access to his computer and wallet credentials. Security experts consistently recommend using hardware wallets, never sharing private keys, and avoiding assistance from untrusted parties for transactions. The long delay between the theft and its discovery — nearly four years — also highlights the difficulty of tracking stolen cryptocurrency without robust record-keeping. Conclusion The finalization of this sentence in China adds to a growing body of case law around cryptocurrency theft globally. While the value stolen was not exceptionally large, the length of the prison term signals that courts are treating digital asset crimes with increasing severity. For readers, the key takeaway is that cryptocurrency custody requires rigorous personal security practices, and that breaches of trust can have severe legal consequences for perpetrators. FAQs Q1: How did the thief obtain the private key? The thief, Lin, secretly accessed the victim’s computer while helping him cash out Bitcoin, and copied the private key to the victim’s wallet without authorization. Q2: Why did it take so long for the victim to discover the theft? The victim did not check his cryptocurrency wallet for nearly four years after the theft occurred in late 2020. He only discovered the missing Bitcoin in 2024 and reported it to authorities. Q3: Is cryptocurrency trading legal in China? No. China has banned cryptocurrency trading and exchanges since 2021, though holding cryptocurrency as an asset is not explicitly illegal. Legal cases involving crypto are prosecuted under general theft, fraud, or money laundering statutes. This post Chinese Man Sentenced to 12 Years for Stealing Friend’s Bitcoin first appeared on BitcoinWorld .
23 May 2026, 10:19
Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks
U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.
23 May 2026, 10:03
XRP price prediction as whale activity plunges 60% in 9 days
As XRP faces mounting bearish pressure, the asset appears to be entering a consolidation phase following a sharp decline in whale activity across the network. On-chain data from Santiment , shared by cryptocurrency analyst Ali Martinez on May 23, shows that XRP transactions worth more than $1 million dropped from 157 nine days ago to just 67, marking a decline of 57%. XRP whale activity chart. Source: Santiment The slowdown in high-value transfers comes as XRP trades around $1.30 after a volatile period for the broader cryptocurrency market. Notably, the decline in whale activity suggests major investors may be stepping back, potentially allowing the current trading range to stabilize. Historically, falling large transaction volumes have often coincided with lower volatility and tighter consolidation as markets await a fresh catalyst. Reduced whale participation may indicate institutional traders are waiting for clearer macroeconomic signals, regulatory developments, or stronger crypto market momentum before taking larger positions. XRP network activity streaks Interestingly, the drop in whale activity contrasts with another Santiment dataset showing XRP recorded one of its strongest network growth streaks of 2026 as of May 21. According to the data , the XRP Ledger added about 4,300 new wallets on May 20, marking the fourth-largest daily increase in wallet creation this year. Daily active addresses also climbed to some of their highest levels in recent months, signaling renewed user engagement despite market weakness. Santiment’s data also showed a rebound in network growth after a slowdown earlier in May. Analysts often view rising wallet creation and active address metrics as signs of improving adoption and stronger blockchain participation, especially during periods of price consolidation. 📈 $XRP has had 4,300 new wallets created in 24 hours, the 4th largest spike of 2026. Network growth is among the top leading signals to identify reversals. 🔗 Check out XRP’s network growth and level of address activity any time with this handy chart: https://t.co/8jwj1uvJta pic.twitter.com/Fbo1WRKEN8 — Santiment Intelligence (@SantimentData) May 21, 2026 XRP price analysis By press time, XRP was trading at $1.31, down more than 3% in the past 24 hours and over 6% on the weekly chart. XRP seven-day price chart. Source: Finbold XRP remains bearish, trading below its 50-day SMA of $1.40 and 200-day SMA of $1.70, signaling weak short- and long-term momentum. Meanwhile, the 14-day RSI at 43.45 indicates neutral sentiment but suggests fading buying pressure, leaving the asset vulnerable to further downside unless momentum improves. Despite the decline, the token has managed to hold above the key $1.30 support level, helping limit the risk of a sharper short-term correction. XRP is expected to remain range-bound between $1.20 and $1.40 unless whale activity rebounds. A break above $1.40 could pave the way for a move toward $1.50 if broader market sentiment improves. However, continued weakness in whale participation and trading volume could push XRP back toward the $1.10-$1.20 support zone. The post XRP price prediction as whale activity plunges 60% in 9 days appeared first on Finbold .
23 May 2026, 10:02
Pundit: This Is Why I Believe XRP Wins Where Bitcoin Stops
Crypto proponent X Finance Bull recently detailed why he believes XRP and utility-focused digital assets are better positioned for the future financial system than Bitcoin, despite expressing renewed respect for Bitcoin’s decentralized foundation. In a recent tweet, X Finance Bull stated that Bitcoin deserves recognition for creating a decentralized monetary network without a CEO, company, or central authority. However, he argued that the global financial system is now moving toward tokenization , programmable finance, institutional blockchain infrastructure, and cross-border settlement systems requiring utility-focused networks. He wrote that while Bitcoin was designed to resist the traditional financial structure, XRP was designed to integrate with it. According to him, this difference will become increasingly important as governments, banks, and institutions expand their use of blockchain technology. This is why I believe $XRP wins where Bitcoin stops. AND I NEED YOU TO HEAR THE FULL ARGUMENT I respect Bitcoin. The decentralization is real. No CEO. No company. No kill switch. Fixed 21M supply. The ultimate rebellion against broken fiat. But here's where the thesis… https://t.co/ukOdElSBoT pic.twitter.com/yRC2Md1BcE — X Finance Bull (@Xfinancebull) May 21, 2026 Bitcoin’s Decentralization In the video attached to the post, X Finance Bull acknowledged that Bitcoin remains the strongest decentralized asset in the market. He emphasized that no government or corporation can directly control the Bitcoin network, alter its supply, or pressure a central organization into changing the rules. He explained that this structure is what attracts many Bitcoin supporters who distrust central banks, inflation, and the traditional financial system. According to him, Bitcoin represents a financial system that operates independently from governments and banking institutions. At the same time, he questioned aspects of Bitcoin’s early history. He referenced the disappearance of Bitcoin creator Satoshi Nakamoto, the dormant wallets believed to contain roughly one million Bitcoin, and the 2011 visit by early Bitcoin developer Gavin Andresen to CIA headquarters for a presentation on the technology. X Finance Bull stated that these events do not prove wrongdoing, but argued that they leave unanswered questions about Bitcoin’s origins and early adoption. He also discussed Bitcoin’s use on dark web marketplaces during its early years, while noting that technologies themselves remain neutral regardless of how people use them. XRP Positioned for Institutional Adoption After outlining his view on Bitcoin, X Finance Bull shifted his focus to XRP and utility-based blockchain projects. He argued that financial institutions require systems built around compliance, accountability, partnerships, and interoperability. According to him, banks and governments are unlikely to adopt networks that cannot integrate with regulation or enterprise infrastructure. He said XRP’s focus on fast settlement , liquidity management, and cross-border transactions makes it more suitable for institutional use cases. X Finance Bull also pointed to Ripple’s institutional partnerships and the growing development of CBDCs, stablecoins, and tokenized assets. He argued that these trends create long-term structural demand for networks connected to financial infrastructure. In the video, he cited ongoing global CBDC research, ISO 20022 migration efforts, and blockchain integration initiatives involving financial institutions as evidence that the existing financial system is adapting rather than disappearing. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Utility Coins Could Benefit From Regulatory Clarity Another major point in the discussion involved regulation. X Finance Bull referenced the Digital Asset Market Clarity Act currently advancing in the United States, arguing that future crypto adoption will depend heavily on classification and compliance frameworks. He said Bitcoin supporters often view Bitcoin’s lack of a central organization as its biggest strength from a regulatory perspective. However, he argued that utility-focused projects should not be dismissed simply because they operate with companies, partnerships, or enterprise development teams. According to him, projects such as XRP, XLM, Chainlink, Quant, Hedera, and Algorand are focused on building infrastructure for the next phase of finance rather than functioning solely as speculative assets. X Finance Bull concluded by stating that he believes both Bitcoin and utility assets can coexist. However, he maintained that utility-focused networks connected to payments, tokenization, liquidity, and institutional finance could play a larger role in rebuilding the future financial system. 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 Pundit: This Is Why I Believe XRP Wins Where Bitcoin Stops appeared first on Times Tabloid .
