Ripple Labs and its executives have sold or distributed approximately 58.515 billion XRP tokens since the cryptocurrency’s launch in 2012, according to an analysis comparing original allocations with current on-chain holdings. Summary Current holdings data indicates that Ripple’s executives control approximately 41.485 billion XRP. XRP launched in 2012 with a fixed supply of 100 billion
Decentralization, n. The security assumption that a nineteen year old in Hangzhou and someone who is maybe in the UK, and maybe not, have not yet decided to collude with each other. There has been a large amount of ruckus in the past week about the issue of mining centralization in the Bitcoin network. We
India and the European Union have successfully concluded a Free trade Agreement (FTA). The deal’s negotiations were launched in June 2022 and finalized on 27 January 2026. Could “the Mother of all Deals” accelerate India’s push toward clearer crypto regulation? According to the Free Trade Agreement, it grants privileged access for EU exports to the
Mesh Connect, a five-year-old crypto infrastructure startup, has vaulted to a $1 billion valuation after raising $75 million in a funding round that underscores growing momentum in crypto-based payments. Summary Mesh Connect, after just five years, boasts a $1 billion valuation after raising $75 million in VC. Dragonfly Capital led the effort. Mesh plans to
Writing effective decentralized applications in Ethereum is at the same time easy and hard. The easy part we all know: rather than needing to create your own blockchain, manage complicated database code, deal with networking and NAT traversal, or any of the other complexities involving writing a peer-to-peer app from scratch, you can write code
The digital asset market is facing a critical fork in the road, according to crypto asset management firm Bitwise. In a Monday blog post, the investment manager warned that the stalling of the Clarity Act in Congress could shift the market from a speculative bull run into a grueling “show me” phase. The Senate Agriculture
Gemini Trust Co., the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, said it will shut down its Nifty Gateway NFT marketplace, marking another retrenchment in the once-booming digital collectibles sector. Summary Gemini said Nifty Gateway helped introduce new creative experiences during the height of the NFT boom. Now, it’s coming to an end. The
The topic of mining centralization has been a very important one over the past few weeks. GHASH.io, the Bitcoin network’s largest mining pool, has for the past month directed over 40% of the Bitcoin network’s hashpower, and two weeks ago briefly spiked over 50%, theoretically giving it monopoly control over the Bitcoin network. Although miners
Members of the U.S. government are investigating allegations that tens of millions of dollars in cryptocurrency seized by law enforcement were stolen through insider access via a federal contractor, according to public statements from officials. The U.S. Marshals Service (USMS) confirmed to CoinDesk that it is investigating claims that more than $40 million in confiscated
Bitcoin traded lower on Tuesday even as traditional risk assets rallied, underscoring a growing divergence between crypto and broader markets. The world’s largest cryptocurrency (BTC) slipped 0.6% to $87,700, lagging gains in equities and a renewed surge in gold. Summary Bitcoin slipped 0.6% to $87,700, lagging gains in equities and a renewed surge in gold.
