28 Aug 2025, 19:04

Everyone Thought Ripple Was Just Trying to Fix SWIFT. Here’s Why It’s Bigger Than You Think

Crypto enthusiast All Things XRP recently outlined Ripple’s progression from its founding to its current role in global finance. According to the post, Ripple was established in 2012 to challenge SWIFT, the long-standing financial messaging system. At that time, banks relied on outdated systems that were slow and expensive for cross-border payments. Ripple introduced RippleNet and XRP as alternatives, offering real-time and low-cost transactions. This approach was described as fast, frictionless, and significantly different from the traditional banking infrastructure, positioning Ripple as an innovative player in global settlements. EVERYONE THOUGHT RIPPLE WAS JUST TRYING TO FIX SWIFT. But they weren’t building a payment company… They were building a financial empire to power a new global internet—one where XRP moves everything. It’s bigger than you think. pic.twitter.com/R1NzE3YfLR — All Things XRP (@XRP_investing) August 27, 2025 XRP as a Strategic Entry Point The tweet highlighted that Ripple’s use of XRP extended beyond simple money transfers. Through its On-Demand Liquidity solution, XRP enabled banks and institutions to settle cross-border payments instantly without the need for pre-funded accounts. This model provided a new method for global banking operations, and according to the post, became Ripple’s gateway into the broader financial sector. XRP was described as the tool that allowed Ripple to gain influence in international finance, serving as more than just a payment mechanism but as a foundation for a broader strategy. The SEC Case and Its Aftermath The post also reflected on Ripple’s legal battle with the United States Securities and Exchange Commission, which began in 2020. While many initially viewed the lawsuit as a severe setback, All Things XRP stated that Ripple instead expanded its operations internationally during that period, refining its focus and strengthening its global presence. By 2023, XRP received a ruling in U.S. courts declaring it not to be a security. This legal clarification was framed as a turning point that enables Ripple to re-establish stronger ties in the American market. Rebrand and Broader Vision The tweet noted that in 2025, Ripple redefined its role, moving beyond payments and positioning itself as the driver of what it called the “Internet of Value.” This rebrand was compared to the transformation of the internet, which enables the instant transfer of information. Ripple’s aim was presented as enabling the instant transfer of value, whether money, assets, or commodities. This shift was described as an expansion of Ripple’s mission into a broader financial ecosystem. Tokenization and Market Integration All Things XRP emphasized that Ripple’s plans now include tokenization of real-world assets. Examples given included oil through partnerships with entities such as Saudi Aramco’s WhiteRock, as well as real estate and U.S. Treasuries. The XRP Ledger (XRPL) was described as infrastructure capable of supporting more than $10 trillion in tokenized assets, enabling fractional ownership and real-time settlement. Additionally, Ripple has introduced a USD-backed stablecoin known as RLUSD, which operates across XRPL and Ethereum, and has entered into work with several central banks on central bank digital currencies. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Expanding Global Reach According to the post, Ripple has also broadened its presence across Africa, Latin America, and the Middle East. Over 100 banks are reportedly onboarded through RippleNet, with more than $300 million in commitments. XRP futures now trade on exchanges such as CME and Coinbase, and analysts have estimated an 85 percent likelihood of an XRP exchange-traded fund being approved by the end of the year. Toward a Parallel Financial System The tweet concluded by stating that Ripple is no longer simply a payments company but has grown into a conglomerate offering custody, compliance, tokenization, and stablecoin services. The post framed Ripple’s work as creating a parallel global financial system that is tokenized, programmable, and international in scope. 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 Everyone Thought Ripple Was Just Trying to Fix SWIFT. Here’s Why It’s Bigger Than You Think appeared first on Times Tabloid .

28 Aug 2025, 18:18

One year into Sky, adoption lags behind vision

Despite incentives and a sweeping rebrand from MakerDAO, USDS growth has stalled and DAI is quietly resurging

25 Aug 2025, 08:45

SGA Bitplanet Rebrand: South Korean Tech Giant Unveils Bold Crypto Future

BitcoinWorld SGA Bitplanet Rebrand: South Korean Tech Giant Unveils Bold Crypto Future Get ready for a significant shift in the South Korean tech landscape! SGA, a prominent South Korea-listed company, is making a bold move, planning a transformative rebrand to Bitplanet. This exciting SGA Bitplanet rebrand follows a crucial third-party share placement. As a result, Asia Strategy Partners has emerged as SGA’s largest shareholder, signaling a new direction for the company. MTN News first reported this development, highlighting the strategic implications. What makes this ownership change particularly interesting? Asia Strategy Partners is an investment firm renowned for managing a significant portion of its corporate treasury in Bitcoin. This deep-rooted commitment to digital assets suggests a clear crypto-centric vision for the newly branded Bitplanet. Why is the SGA Bitplanet Rebrand a Game Changer? The decision for the SGA Bitplanet rebrand isn’t merely cosmetic; it reflects a fundamental strategic pivot. With Asia Strategy Partners at the helm, the company is poised to integrate cryptocurrency and blockchain technologies into its core operations. This move represents a forward-thinking approach, aiming to leverage the burgeoning digital economy. It could position Bitplanet as a key player in the evolving intersection of traditional business and innovative crypto solutions. Companies globally are exploring blockchain, and this rebrand signifies a major commitment from SGA to embrace this future. Asia Strategy Partners: Charting a Bitcoin-Powered Course Asia Strategy Partners’ investment philosophy provides a clear roadmap for Bitplanet’s future. Their substantial holdings in Bitcoin are not just an investment; they are a statement of belief in the long-term value and utility of digital assets. This shareholder structure offers several potential benefits: Enhanced Capital Flexibility: Managing treasury in Bitcoin can offer new avenues for capital management and liquidity. Innovation Drive: A crypto-native leadership is likely to foster innovation in blockchain applications and services. Market Positioning: It immediately positions Bitplanet as a leader in digital asset integration within the traditional corporate sphere. The firm’s expertise in managing a Bitcoin corporate treasury will undoubtedly influence Bitplanet’s operational strategies and future product offerings. This expertise is crucial for the success of the SGA Bitplanet rebrand . What Opportunities and Challenges Lie Ahead for Bitplanet? The path forward for Bitplanet is filled with exciting opportunities, yet it also presents unique challenges. On the opportunity side, the company can tap into new markets and customer segments eager for crypto-integrated services. This strategic shift could lead to pioneering new business models, potentially involving NFTs, DeFi, or other blockchain-based solutions. The synergy between SGA’s existing capabilities and Asia Strategy Partners’ crypto vision could unlock significant value. However, Bitplanet must also navigate potential hurdles: Regulatory Landscape: Cryptocurrency regulations are constantly evolving, requiring vigilant compliance. Market Volatility: The inherent volatility of digital assets like Bitcoin could impact treasury management and investor confidence. Public Perception: Educating stakeholders and the public about the benefits and risks of crypto integration will be crucial. Successful integration will depend on careful strategic planning and robust risk management, ensuring the SGA Bitplanet rebrand achieves its full potential. The SGA Bitplanet rebrand marks a pivotal moment for a South Korean company embracing the digital asset revolution. This transformative step, driven by a Bitcoin-centric investor, sets a compelling precedent for how traditional businesses can adapt and thrive in the evolving cryptocurrency landscape. It’s a bold declaration of intent, signaling a future where digital assets play a central role in corporate strategy. Frequently Asked Questions (FAQs) 1. What is the main reason for SGA’s rebrand to Bitplanet? The primary reason for the SGA Bitplanet rebrand is a strategic pivot following a third-party share placement. Asia Strategy Partners, an investment firm managing significant Bitcoin holdings, became the largest shareholder, signaling a new crypto-centric direction for the company. 2. Who is Asia Strategy Partners and what is their role? Asia Strategy Partners is an investment firm that manages much of its corporate treasury in Bitcoin. As the largest shareholder of SGA, they are driving the company’s rebrand to Bitplanet and influencing its new strategy towards integrating cryptocurrency and blockchain technologies. 3. How will Bitplanet’s new direction impact its business? Bitplanet’s new direction is expected to lead to the integration of cryptocurrency and blockchain into its core operations. This could involve new business models, tapping into new digital markets, and leveraging Asia Strategy Partners’ expertise in digital asset management, fundamentally transforming its offerings. 4. What challenges might Bitplanet face in its new crypto-focused strategy? Bitplanet may face challenges such as navigating the evolving cryptocurrency regulatory landscape, managing the inherent market volatility of digital assets like Bitcoin, and educating stakeholders and the public about its new crypto-integrated services. 5. Is this a common trend for South Korean companies? While not universally common, there is a growing trend among companies globally, including in South Korea, to explore and integrate blockchain and cryptocurrency into their strategies. The SGA Bitplanet rebrand is a prominent example of a traditional company making a significant move into the digital asset space. Did this exciting news about the SGA Bitplanet rebrand spark your interest? Share this article with your network and join the conversation about the future of traditional companies in the crypto world! Your insights are valuable. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post SGA Bitplanet Rebrand: South Korean Tech Giant Unveils Bold Crypto Future first appeared on BitcoinWorld and is written by Editorial Team

25 Aug 2025, 01:05

Telegram founder claims case is baseless and criticizes French government

Telegram founder Pavel Durov has provided an update on his legal battle with the authorities in France, claiming that a criminal investigation into the case has not unearthed any proof of foul play on his part. Durov, in a post on Telegram on Sunday, called his arrest last month by French police “unprecedented,” and insisted that it was “legally and logically absurd” to punish a tech chief for acts of independent site users. “A year later, the ‘criminal investigation’ against me is still struggling to find anything that I or Telegram did wrong. Our moderation practices align with industry standards, and Telegram has always responded to every legally binding request from France.” Durov said he still has to report to France every two weeks and that there was no date for an appeal, describing the case as a “weird detention” and saying it had done “irreparable damage” to France’s reputation as a free country. Durov pushes back as France intensifies scrutiny over Telegram’s content moderation The crypto community has widely condemned the Telegram CEO’s arrest. Human rights activists and free speech campaigners have also accused the French government of forcing him to censor Telegram. Durov was then charged and initially stopped from exiting France, while investigators probed the platform’s content moderation rules, accusing it of featuring harmful content. Last year, French President Emmanuel Macron dismissed allegations of political motivation in the arrest when he said in an August 26 X post that freedoms must be protected “within a legal framework” to guarantee citizens and their rights. His comments drew backlash, including Helius CEO Mert Mumtaz, who responded: “Why aren’t you personally in jail for not controlling 100% of all crime in France?”. Durov has said Telegram obeys “all” legal requests but will leave all jurisdictions where censorship is mandated. He also reiterated that the platform will not violate user privacy by sharing encryption keys or creating backdoors. As earlier reported by Cryptopolitan , his recent appearance at a Paris court shows that French authorities continue to press the case. This comes even as Telegram has stepped up cooperation. The case against Durov reflects the mounting friction between law enforcement and tech platforms over who should bear responsibility for online content, as governments around the world tighten their scrutiny of social media and messaging services. It also marks yet another instance of Durov openly criticizing French authorities. In September, he addressed his legal troubles in France by calling out authorities for sidestepping official EU channels and interrogating him directly. In his defense, Durov pointed to Telegram’s active moderation practices, including the daily removal of harmful content and collaboration with NGOs, while reaffirming his commitment to safeguarding the nearly one billion users on the platform. TON adoption grows as Telegram’s Web3 scene expands Telegram has become a hub for Web3 activity thanks to its integration with The Open Network (TON), whose native token, Toncoin (TON -2.43%), ranks as the world’s twenty-first largest cryptocurrency by market capitalization, according to price data. Toncoin has also been adopted by Verb Technology, a digital asset treasury (DAT) company that holds more than 8% of the token’s circulating supply and plans to rebrand as Ton Strategy Company. User activity on TON spiked in the weeks following Pavel Durov’s arrest, though engagement has since eased from those highs, according to data from The Block. Durov was first permitted to leave France in March to travel to Dubai, where Telegram is headquartered, and his family resides. Under an appeals court ruling, he may travel only to Dubai for 14 consecutive days per trip, provided he notifies the investigating judge one week in advance. Travel to any other destination requires separate authorization from a French judge. If you're reading this, you’re already ahead. Stay there with our newsletter .

22 Aug 2025, 18:52

Apple Issues Urgent iOS Update to Fix Zero-Click Hack Putting Crypto Wallets at Risk

Apple has issued an emergency security update to patch a zero-click vulnerability that allowed hackers to compromise iPhones, iPads, and Macs, a flaw raising serious alarm for crypto holders who rely on Apple devices to secure their wallets. In an advisory published late Wednesday, Apple confirmed the bug, tracked as CVE-2025-43300, was discovered inside its Image I/O framework, which processes image files across devices. Apple Patches Image-Based Exploit That Could Hijack Crypto on iPhones and Macs The company warned that a maliciously crafted image could trigger memory corruption, giving attackers the ability to execute arbitrary code on a targeted device without requiring user interaction. “Apple is aware of a report that this issue may have been exploited in an extremely sophisticated attack against specific targeted individuals,” the company said. The update was rolled out as iOS 18.6.2 and iPadOS 18.6.2, alongside patches for macOS Sequoia 15.6.1, Sonoma 14.7.8, and Ventura 13.7.8. Apple urged users not to wait for automatic updates and to install the patch manually to prevent potential exploitation. The vulnerability is particularly dangerous for those in the cryptocurrency sector, cybersecurity experts warned. Unlike traditional finance, where stolen funds can sometimes be recovered, crypto transactions are irreversible. If attackers gain access to wallet applications or exchange credentials stored on a compromised device, funds can be drained instantly. Experts noted that even an image attachment received via iMessage could be enough to compromise a vulnerable device. Notably, Apple said the updates cover all iPhones from the iPhone XS generation onward, including the latest iPhone 16 series. Supported iPads include the iPad Pro, iPad Air (third generation and later), iPad (sixth generation and later), and iPad mini (fifth generation and later). Mac users running the three most recent versions of macOS are also covered. Security professionals emphasized that crypto holders should take extra precautions. For individuals who suspect their devices may have been targeted, experts recommend migrating wallet keys, securing primary accounts such as email and cloud services, and documenting any unusual system behavior. While device logs could, in theory, reveal anomalies, analysts noted that in practice they are difficult for non-specialists to interpret. Apple has not disclosed how many individuals may have been targeted but said it does not comment on active threats until fixes are available. The urgency of Apple’s warning recalls recent high-profile campaigns targeting crypto users. In 2024, cybersecurity firm Kaspersky revealed that North Korea’s Lazarus Group exploited a Google Chrome zero-day vulnerability hidden inside a fake blockchain game to install spyware and steal wallet credentials. @Kaspersky finds that Lazarus Group exploited a zero-day vulnerability in Google Chrome using a fake blockchain-based game. #Kaspersky #LazarusGroup #CryptoHack https://t.co/dktO8iJXTw — Cryptonews.com (@cryptonews) October 24, 2024 The group’s tactics included using generative AI to lure victims, underscoring how advanced threat actors have grown in their pursuit of digital assets. Earlier that same year, Trust Wallet disclosed it had received credible intelligence about a zero-day iMessage exploit being sold on the dark web for $2 million. At the time, the wallet provider warned that iOS users and the broader crypto ecosystem could be at risk from attackers seeking unauthorized access to personal data and digital assets. While Apple stressed that the latest attack appears to have been aimed at “specific targeted individuals,” analysts caution that once knowledge of vulnerabilities spreads, broader exploitation often follows. Crypto Hacks Top $2.2B in 2025 as Major Breaches Escalate Meanwhile, the global crypto industry has faced a sharp escalation in security breaches in 2025, with CertiK reporting more than $2.2 billion in losses from hacks and scams during the first half of the year. Crypto investors have lost $2.2B to hacks and scams in H1 2025, with $187M recovered as threats shift, reports @CertiK . #CryptoSecurity #Cryptohacks https://t.co/5KCaVsYnbg — Cryptonews.com (@cryptonews) June 30, 2025 Major cases, including Bybit’s $1.5 billion hack and Cetus Protocol’s $225 million exploit, skewed overall figures, but even excluding these incidents, losses remain high at roughly $690 million. In July alone , $142 million in losses were recorded from 17 major breaches , up 27.2% from June. July crypto hack losses surge 27% to $142 million with CoinDCX's $44 million insider breach and GMX's $42 million exploit leading victims. #July #CryptoHack https://t.co/4UCMKaxUvI — Cryptonews.com (@cryptonews) August 1, 2025 Hacks and scams have also been on the rise in August. On August 14, Turkish exchange BtcTurk became the latest target, facing allegations of a $48 million exploit . The exchange has now suspended deposits and withdrawals, citing “technical problems” in its hot wallets, but maintained that fiat transactions were unaffected. The DeFi sector has also seen damaging incidents. On August 8, CrediX Finance effectively vanished after a $4.5 million exploit drained its funds . CertiK reported the team’s X account went silent, its website went offline, and its Telegram channel was deleted. The attack stemmed from compromised control of the project’s multisig wallet, enabling the minting of unbacked tokens. The team initially claimed to have negotiated the return of stolen funds, but no follow-up materialized, fueling suspicions of an exit scam. Ransomware has also intensified. A new group known as Embargo has laundered over $34 million in crypto since April 2024 , largely targeting U.S. healthcare providers with ransom demands exceeding $1 million. TRM Labs suggests Embargo may be a rebrand of the defunct BlackCat operation, linking it to breaches at American Associated Pharmacies and several regional hospitals. The post Apple Issues Urgent iOS Update to Fix Zero-Click Hack Putting Crypto Wallets at Risk appeared first on Cryptonews .

21 Aug 2025, 08:06

Stargate Draws Second Acquisition Bid With Wormhole Topping LayerZero's $110M Buy Offer

Wormhole has jumped into the bidding plans for bridging service Stargate, promising a bid above LayerZero’s initial $110 million token-swap proposal. It wants the Snapshot vote delayed so the community can weigh its offer. Stargate’s numbers explain the interest. The bridge processed $4 billion in July, holds $345 million in TVL, and sits on a treasury of $92 million in stables and ether, plus $55 million in STG and other assets. The annual revenue is approximately $2 million. “Based on our initial review, we believe that STG holders deserve a more competitive process, and we are prepared to submit a meaningfully higher bid,” the proposal said. LayerZero’s proposal would transfer both the treasury and future income, which critics call a discount. Wormhole says the terms shortchange tokenholders and that “STG holders deserve better.” A Wormhole–Stargate tie-up would create one of the largest cross-chain hubs in crypto, pairing Stargate’s unified liquidity pools with Wormhole’s integrations across dozens of networks. The foundation argues this would boost volume and long-term resilience for both ecosystems. “The Wormhole Foundation sees unrealized value in the Stargate brand, protocol, and protocol assets,” the proposal said. “The Wormhole Foundation is confident that a successful combination of Stargate and the Wormhole ecosystem will lead to the most immediate and long-term value for current holders of STG, as well as current and future holders of Wormhole (W).” Wormhole has requested a five-day delay in the vote, seeking more time for due diligence and a fairer process. Read more: LayerZero Proposes $110M Stargate Token Merger in Consolidation Play