Everything else across crypto, blockchain, and digital assets. 525 stories curated by CryptoCatalyst.
XRP is the native token of the XRP Ledger, an open-source blockchain launched in 2012 that settles payments in seconds without mining. This guide explains where XRP came from, how the ledger's validators reach agreement, how its fixed supply and burned fees work, and the risks beginners should understand.
TraderTraitor, a hacking group linked to North Korea, has been connected to the $6.3 billion Binance theft and other major crypto attacks. Security Alliance estimates the attackers had access for eight weeks before the exploit, while investigators say public blockchain records cannot reveal Binance’s internal signing controls.
1. OVERNIGHT MOVES Watchlist prices rose while the broader market contracted: BTC gained 1.4% to $79,370, ETH added 2.8% to $2,380.45, and SOL advanced 2.4% to…
BitGo has launched Global Markets, a business offering trading and financial solutions to institutional clients, with former NYDIG executive Pete Janney at the helm. The launch follows BitGo’s August acquisition of NYDIG’s institutional trading unit for $42.5 million, linking the new business to a larger expansion in institutional services.
Market data across 20 U.S. midterm election cycles shows a consistent trend of market chop preceding election day, followed by universal 12-month gains for equities and major crypto assets. The historical pattern holds true regardless of whether elections result in a divided or unified government.
Morgan Stanley says it converted U.S. equities and Treasurys into tokenized form using the Depository Trust & Clearing Corporation’s new Tokenization Service. The move follows the service’s Oct. 28 launch, putting a major Wall Street bank among the early participants in using blockchain infrastructure for traditional assets.
Blockchain investigator ZachXBT says French bank Crédit Mutuel Arkéa may be the victim of a crypto theft exceeding $133 million. Crypto.com confirmed it blocked funds linked to the incident, while ZachXBT alleges that more than $30 million was laundered before the loss was disclosed.
Binance says the $6.34 billion theft on Oct. 29 followed a five-month campaign that began with a fake job interview and involved a compromised developer tool and an internal AI tool. The account points to a serious risk for crypto firms: attackers may target employees and everyday workplace software, not just trading systems.
An analyst says suspected North Korean hackers moved $242 million in funds stolen from Binance through Tron, using a fast-moving web of wallets. Four bridges then moved about $140 million off Tron, with Relay handling the largest share at $48 million.
An X post by @LeonidasNFT claims Binance recently reopened withdrawals for 21 coins, but withdrawals remained unavailable for 531 others. The post also says some of the 21 still carried a “Partial Withdrawal Suspended” notice, so access may vary by asset.
Metals.io is issuing tokens backed by 25 tonnes of physical copper stored in Germany, starting with a reported $366,000 worth of metal. The company hopes to build a market where investors can own and trade physical copper through onchain tokens, though the available details do not explain token terms or redemption.
Trade.xyz has launched a leveraged crypto contract tied to Anthropic’s potential IPO, letting eligible traders speculate on the company before any public shares are available. The ANT contract fell about 20% in its first hour on Hyperliquid, has no Anthropic shares behind it, and is unavailable to U.S. traders.
Raymond and Isiah Garcia received 15-year prison terms for holding a Minnesota family at gunpoint for more than nine hours and forcing the father to transfer over $8 million in cryptocurrency. The case shows how crypto theft can involve physical coercion, not just online scams or hacked accounts.
1. OVERNIGHT MOVES The watchlist’s gains are narrow against a weaker market: BTC rose 0.5% to $77,817 and ETH gained 0.5% to $2,260.65, while SOL fell 1.1% to…
Iron Fish says it will end all remaining support for its network after abnormal activity involving wIRON and the ChainPort bridge. The team says its review with ChainPort traced the issue to an inflation bug, but the announcement provided no further details about the bug or a shutdown timeline.
Blockchain analytics firm Chainalysis says it has engaged outside cybersecurity experts to review its security and strengthen its defenses. The available announcement does not say what happened, when the incident occurred, or whether customer data or systems were affected.
Developers have proposed fixes to make sure only eligible accounts can hold permissioned tokens on the XRP Ledger. The XRP Ledger Foundation said no users were affected, so the news concerns tighter safeguards rather than a reported loss or disruption.
1. OVERNIGHT MOVES The watchlist is mixed and largely contained: BTC rose 0.2% to $77,530, ETH gained 0.6% to $2,247.68, and SOL fell 0.7% to $95.82.
Israel extradited a person accused of exploiting the Nomad Bridge and stealing $2.8 million to the United States, according to a report. Israel’s Supreme Court ruled that using a software flaw may qualify as computer intrusion even if the software technically processed the transaction.
Blockchain investigators attribute the roughly $6.3 billion Binance hack to TraderTraitor, a North Korean-linked group also associated with the Bybit attack. Binance says it has set aside $6.34 billion of its own funds to cover user losses, while investigators point to blockchain evidence connecting the stolen money to other hacks.
Read on Risk, a free site from the team behind CryptoCatalyst, tracks what six investors and podcasts including Raoul Pal, Jordi Visser and Scott Melker think about crypto, AI and markets, with a daily sentiment index and every claim linked to its source.
Solana security researchers must now permanently burn 1 SOL for each bug report they submit, after a monthlong contest received 809 reports. AI is believed to have helped generate or write nearly all of them, prompting a financial barrier intended to discourage low-quality submissions.
Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger. The fund has about $29 billion in assets, and this is Aviva’s second tokenized fund listing as it works with Ripple to bring more funds onto the network.
Crypto analyst Ran Neuner has warned that a market correction may be imminent as Bitcoin struggles at key resistance, advising traders to prepare buy lists for high-conviction altcoins rather than chasing rallies.