XRP ETF Surges to $500M Assets
Bitwise’s XRP ETF surpasses $500M in assets nine months post-launch, holding nearly 364.8M XRP. The fund offers indirect exposure to $XRP for brokerage-account investors. #Update #Crypto $XRP
Altcoins
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
Bitcoin ETF Rebounds $217M as Altcoins Surge
$BTC saw a $217M ETF rebound, while $ETH ETFs extended inflows to 11 sessions; $XRP and $SOL funds recorded 10 consecutive positive sessions. #Update #Crypto $BTC
Monero Surges 15% Leading Weekly Crypto Gains
$VET surged 23.83% this week, leading the top 100 cryptocurrencies, followed by $XMR at 23.64% and $UNI at 19.31%. Market consolidation follows an August rally. #Update #Crypto $VET
Cronos Halts Blockchain After $75M Exploit
@Tectonic’s TONIC token surged 100-fold before an attacker borrowed real assets, leaving $75 million stranded when Cronos paused the network. #Breaking #Crypto $CRO
Cronos Halts Network After $75M Tectonic Exploit
@CronosNetwork halted its blockchain after an exploit in @TectonicFi led to an estimated $75M loss, with most funds remaining on Cronos. No restart timeline announced. #Update #Crypto $CRO
Bitcoin Launches Quantum Defenses Amid 18.9M SOL Cancellation
@StarkWare tested a quantum-resistant transaction on Bitcoin, while Blockstream proposed the SHRINCS signature scheme for upgrades. Solana validators approved a disinflation proposal, cutting issuance by 18.9M SOL. #Update #Crypto $BTC $SOL
Bitcoin Launches Quantum Defenses as 18.9M SOL Cancelled
@StarkWare tested a quantum-resistant transaction on Bitcoin’s mainnet, while @Blockstream proposed a new signature scheme to enhance security. Solana validators approved a disinflation proposal, cutting inflation to 1.5% in 2.8 years. #Update #Crypto $BTC $SOL
Polygon Patches Critical Security Flaws
Polygon Labs fixed security vulnerabilities in its network via two hard forks, Austin and Kyoto, without prior public disclosure. $POL token down 2.3% Sunday. #Update #Crypto
Solana Surges as Institutional Money Flows
$SOL surged 46% in August, ending a 10-month decline. Charles Schwab plans SOL access for 39M accounts. Institutional interest grows with $88M Goldman Sachs ETF exposure. #Update #Crypto $SOL
XRP Strategy Rides on Nasdaq Vote Outcome
Armada Acquisition Corp. II shareholders will vote on Sept. 30 regarding Evernorth Holdings’ Nasdaq merger, which could authorize up to 10 billion shares as it targets growth in $XRP per share. #Update #Crypto $XRP
Solana Approves Major Supply Cut Surge
Solana’s governance proposal SGP-0002 to double annual disinflation was accepted with 176.29 million SOL For, marking a shift toward lower issuance, pending technical implementation. #Update #Crypto $SOL
Crypto Platform Expands with Solana Avalanche Chainlink
@CharlesSchwab expands its cryptocurrency trading service to include $SOL, $AVAX, and $LINK, enhancing client options alongside existing $BTC and $ETH offerings. #Update #Crypto $SOL
Ripple Faces New Blockchain Challenge Ahead
@Ripple is enhancing the XRP Ledger to counter quantum computing threats, emphasizing the need for a complete system overhaul and improved cryptographic security measures. #Update #Crypto $XRP
Solana Tests $60 Support After Pullback
Solana is testing a crucial $60-$65 support zone after a market pullback, with potential for further decline if it fails to hold. #Update #Crypto $SOL