Russia’s Finance Ministry is evaluating the creation of domestic stablecoins pegged to foreign currencies after access to Tether’s USDT was restricted for wallets linked to the sanctioned Russian exchange Garantex, as Reuters reported.Osman Kabaloev, deputy head of the ministry’s financial policy department, stated that Russian authorities are now “considering internal tools similar to USDT,” suggesting the creation of their stablecoin. His comments came after digital wallets on the Russian crypto exchange Garantex were blocked, cutting off access to over 2.5 billion roubles ($30.12 million).Russia’s access to Tether became restricted after the firm froze assets linked to the platform shortly after the…
Author: cryphedge
Amazon customers using XRP could enjoy lower fees, quicker checkouts, and fewer cross-border payment headaches. If this Ripple-Amazon rollout delivers even a fraction of the expected benefits, XRP might not just hit its price target—it could cement itself as a real-world crypto standard. Amazon is preparing to roll out XRP payments on its global platform. The decision adds serious weight to Ripple’s ongoing push into mainstream commerce, potentially setting up XRP for a major price movement over the next year. As the token tries to cement its place in real-world applications, this Amazon-Ripple move could become one of the most…
OpenSea has begun offering Solana token trading as part of its ongoing platform overhaul, marking a significant step in the platform’s transition toward supporting a multi-chain ecosystem. This new feature—which is currently available to a select group of closed beta users—allows them to trade Solana-based tokens, including popular memecoins like Dogwifhat ($WIF) and Fartcoin ($FARTCOIN). Whilst the initial focus is on Solana tokens, Solana NFT support is expected to return soon. Source: OpenSea Solana NFT Support Returns to OpenSea OpenSea initially supported Solana NFTs in 2022, but the integration saw limited success due to the rapid rise of Solana-native platforms…
The WalletConnect Token (WCT) has exploded into the spotlight after a dramatic price turnaround, surging over 100% just days after a sharp post-airdrop decline. Shortly after its long-awaited debut, WCT fell sharply from $0.40 to $0.27, largely driven by a selloff from early airdrop recipients. 1/ Are you ready?!@okx is listing $WCT WCT deposits will open at 10:00 UTC | April 15WalletConnect is proud to partner with OKX https://t.co/CL4q0ylkHC pic.twitter.com/A0bm5VpjUJ— WalletConnect (@WalletConnect) April 8, 2025 WalletConnect, a staple protocol in the Web3 ecosystem, has distributed over 50 million tokens as part of its decentralization plan, with 18.5% of the supply…
The recent developments have reportedly influenced the crypto market. Particularly, the sheer plunge of the Mantra ($OM) token has pushed the crypto market into a slight decline irrespective of the recent rebound based on the new announcement for token burn. Hence, the cumulative crypto market capitalization stands at $2.76T, showing a 2.23% dip while the Fear and Greed Index shows slight “fear” at 29. Bitcoin ($BTC) and Ethereum ($ETH) See 2.25% and 3.25% Decline Bitcoin ($BTC) is currently changing hands at $83,554, indicating a 2.25% decline over the past 24 hours. Additionally, the market dominance of the key crypto asset…
Phishing scams targeting crypto users have become more advanced, with attackers abusing Google’s infrastructure to conduct highly convincing attacks.On April 16, Nick Johnson, the founder and lead developer of Ethereum Name Service (ENS), raised concerns over a fresh method cybercriminals use to compromise Gmail accounts and potentially target associated crypto wallets.How phishing attackers are using Google to their advantageAccording to Johnson, the attackers exploit a loophole in Google’s ecosystem that allows them to send phishing emails that appear genuine security alerts from the tech giant itself.These emails are signed with valid DomainKeys Identified Mail (DKIM) signatures, enabling them to bypass…
Some crypto projects build visibility through marketing. Others earn it by quietly raising millions while still under the radar. That’s precisely the case with Mutuum Finance (MUTM). With more than $6.75 million raised during its presale, top traders are paying attention—and not because of hype.At a glance, the project’s pitch seems simple: bring DeFi lending into a system where both passive income and borrowing are handled transparently on-chain. But the reason seasoned traders are watching closely isn’t just because of the idea. It’s the execution—and the growing ecosystem that’s being built around it.Mutuum Finance (MUTM)Before any token reaches major exchanges,…
In a new cyber attack, UK Labour MP and Leader of the House of Commons, Lucy Powell, had her verified X (formerly Twitter) account hacked on April 15 to promote a fake Solana token dubbed the “House of Commons Coin” ($HCC). The now-deleted post from Powell’s official account described HCC as a “community-driven digital currency bringing people’s power to the blockchain,” accompanied by visuals bearing the official House of Commons crest. NEW: Leader of the House of Commons, Labour MP Lucy Powell, has been hacked pic.twitter.com/YRRdSKrlZT— Politics UK (@PolitlcsUK) April 15, 2025 The tweets encouraged Powell’s nearly 70,000 followers to…
Mantle price sits near $0.7, barely in the green in the past 24 hours. But while the price movements point to a lack of momentum, it could explode. The broader market performance and Bitcoin’s next moves will be key for altcoins such as MNT. Mantle (MNT) is trading around $0.70, showing little change on the day and holding a gain of just over 6% for the week. While these price movements indicate a lack of momentum, they mirror broader market performance. It also points to a massive consolidation as Mantle signals a potential bottom. Amid recent updates from the Mantle…
Golden cross signals potential rise for Monero price. Monero (XMR) may hit $235, but volatility and governments cracking down on privacy coins pose a real risk. XMR price will have to hold above $200 and surge above $230 to attempt reaching $235. Since its launch in 2014, Monero (XMR) has carved a niche by offering secure, untraceable transactions through advanced cryptographic techniques like ring signatures and stealth addresses. Unlike Bitcoin, where transaction details are an open book, Monero keeps sender, receiver, and amount under wraps, making it a go-to for those who value financial discretion. XMR price forms a golden…
