Market Updates
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First U.S. XRP Futures ETF Launches on Nasdaq, Opening New Doors for Crypto Investors
On May 22, 2025, Volatility Shares launched the first-ever XRP futures exchange-traded fund (ETF) in the United States. Trading under the ticker XRPI, this new fund is now live on the Nasdaq, giving investors a regulated way to gain exposure to XRP without actually owning the asset. Unlike leveraged products that carry higher risk, XRPI…
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Cetus Protocol Hit by $223M Exploit, Recovery Efforts Underway
Cetus Protocol suffered a major hack earlier today, with attackers stealing around $223 million from the platform. In response, the team announced taking quick steps in locking their smart contract to prevent any further movement of funds. According to the team, out of the total amount stolen, $162 million has been successfully paused, meaning the…
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Schuman Financial Launches EURØP, First MiCA-Compliant Euro Stablecoin on XRPL
Schuman Financial has launched its euro-backed stablecoin, EURØP, directly on the XRP Ledger (XRPL), making it the first MiCA-compliant euro stablecoin available on this blockchain. According to the press release on Ripple’s page, EURØP is fully backed by euros and can be redeemed at any time. The reserves are held at top financial institutions in…
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Microsoft Files Lawsuit to Shut Down Lumma Malware Network
Microsoft has taken legal steps against the creators of Lumma Stealer, a dangerous malware tool used to steal personal and financial information. In a blog post on May 21, the tech company said a federal court in Georgia granted permission to take down or block over 2,300 websites linked to the malware. According to the…
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Earn and Engage: Why Creators Are Launching Their Own Crypto Tokens?
Today, creators are no longer just after the likes and views; they opt for larger goals, working with more and more artists, streamers, and influencers who are minting their own crypto tokens and giving fans new ways to support them and participate in their journeys. What used to depend only on ads or sponsorship deals,…
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Strategy Buys $765M in Bitcoin as MSTR Stock Dips Amid Lawsuit
Michael Saylor’s company, now known as Strategy (formerly MicroStrategy), has made headlines once again with another large Bitcoin purchase. Between May 12 and May 18, the firm bought 7,390 BTC for about $764.9 million, paying an average of $103,498 per coin, pushing Strategy’s total Bitcoin holdings to 576,230 BTC, bought at an average price of…
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JPMorgan, Chainlink, and Ondo Finance Complete Cross-Chain Tokenized Treasury Settlement Test
In a major step toward bringing traditional finance and blockchain closer, JPMorgan’s blockchain unit Kinexys, Chainlink, and Ondo Finance have successfully tested the settlement of a tokenized U.S. Treasuries fund across two different blockchain networks. The trial showed how assets can move between a public blockchain, Ondo Chain, and a permissioned blockchain (JPMorgan’s Kinexys Digital…
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Perplexity and PayPal Brings One-Click Shopping to AI Chats
Perplexity, an AI company, has announced a new partnership with PayPal to bring shopping directly into its chat interface. Soon, users in the U.S will be able to book trips, buy products and get concert tickets, all without leaving Perplexity’s platform. With just a few clicks, customers can pay using PayPal or Venmo while also…
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Arizona Gov Vetoes State Crypto Fund, Approves ATM Protections
Arizona Governor Katie Hobbs vetoed two major cryptocurrency bills on Monday, citing market volatility risks, while approving new consumer protections for crypto ATMs in a mixed verdict for digital asset regulation. The most significant rejection was Senate Bill 1373 (SB1373), which proposed creating a state-run Digital Assets Strategic Reserve Fund to manage crypto obtained through seizures or appropriations.…
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Metaplanet Buys More Bitcoin, Overtakes El Salvador in Holdings
Japanese investment firm Metaplanet, has made headlines again with another large Bitcoin purchase. This time, the company added 1,241 BTC to its treasury, which cost about $126.7 million at an average price of $102,119 per Bitcoin. This latest buy brings Metaplanet’s total holdings to 6,796 BTC, putting Metaplanet ahead of El Salvador, which holds 6,174…