Key takeaways:XRP price jumped around 12% after Ripple named BNY Mellon as custodian for its RLUSD stablecoin.Traders are betting on increased XRP utility as RLUSD adoption potentially shifts from Ethereum…
In brief
Ripple has chosen BNY Mellon as the primary custodian for RLUSD.
Stablecoin issue Circle made a similar announcement over three years ago.
Despite its over 240-year history, BNY Mellon was an…
Decentralized perpetual exchange GMX has been exploited with over $42 million worth of crypto being stolen, according to blockchain security firm PeckShield.So far, $9.6 million worth of the funds have…
Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform.Transak has officially integrated support for the Ripple USD stablecoin,…
In brief
Prediction markets enable users to speculate and bet on the outcome of any future event.
The price of one “share” in a prediction market ranges from between $0.00 to $1,…
Shiba Inu (SHIB) whales have stepped up their sales as the cryptocurrency's price recovery looks to gather steam alongside an uptick in futures market activity. The path of least resistance…
Anthony Pompliano's ProCap, recently shared an update on its progress and valuation metrics. ProCap has entered into a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM).…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
In brief
A $237 million Polymarket market on Zelenskyy’s attire resolved to “No” despite widespread visual and media claims he wore a suit.
UMA’s oracle cited a lack of “credible reporting consensus”…
Key takeaways:USDT and USDC balances on Binance hit a record $31 billion in June 2025.One analyst sees the reserve build-up as a “brewing liquidity explosion,” with investors waiting for clear…