Author: driver789

Hong Kong-based stablecoin payments company RedotPay said it has “consolidated” teams to improve efficiency as it scales, after a report claimed executive turnover and sensitivities tied to its mainland China connections.On Wednesday, a Bloomberg report claimed RedotPay is facing leadership churn and sensitivities tied to China as it explores raising up to $150 million. Citing people familiar with the matter, the report said that at least five senior hires left the stablecoin company within a year, including two compliance chiefs, and described a demanding work culture with extended hours.In February, Bloomberg reported that RedotPay is considering a US IPO that…

XRP has reclaimed the $1.50 level as market activity accelerates and bullish momentum begins to build after weeks of consolidation. The move higher suggests that buyers are regaining control, with traders closely watching whether XRP can sustain this breakout and establish a stronger uptrend. Related Reading Beyond price action, derivatives data is revealing a notable shift in market behavior. According to a recent CryptoQuant report, multiple indicators are now signaling activity levels not seen in weeks, pointing to a renewed wave of participation across XRP markets. In particular, the Multi-Exchange Open Interest Delta is showing clear signs of expansion. This…

Ethereum client teams are testing an opt-in mechanism that could cut the time some layer-2 networks and exchanges wait to recognize mainnet deposits, allowing them to process transactions much faster. Summary Ethereum client teams are testing a Fast Confirmation Rule that could reduce deposit recognition times for layer 2 networks and exchanges to about 13 seconds. The proposal suggests replacing block counting with validator attestations, offering faster confirmation than canonical bridges while avoiding the need for a hard fork. Dubbed the Fast Confirmation Rule (FCR), the proposal is expected to bring confirmation times down to around 13 seconds, according to…

A Canadian crypto entrepreneur survived a kidnapping attempt Monday night on one of Madrid’s busiest nightlife streets, after witnesses alerted police and helped foil the attack. The incident occurred at approximately 11 p.m. near the intersection of Calle Claudio Coello and Calle Jorge Juan in the Salamanca district, a hub of high-end restaurants and bars.  The victim had just left Lobito de Mar, the restaurant owned by chef Dani García, when three men forcibly removed him from the street, pepper-sprayed him, and threw him into a Ford Transit van. Several pedestrians and residents on nearby balconies immediately called authorities. Spanish…

Crypto governance company, Tally, processed more than $1 billion in payments, served more than a million users, helped secure over $80 billion in protocol assets, completed a 60-day US ICO registration process, and then decided to kill the token sale and shut down anyway.The company stated that the market for venture-backed governance tooling does not exist at the scale needed to support the business, even after five years of operation and apparent traction.The closure arrives the same week Mastercard agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion to expand cross-border remittances and business payment rails.BVNK built…

The Kingdom of Bhutan has transferred over $72.3 million in Bitcoin (BTC) from its wallets over the last 24 hours, as it continues to sell portions of its holdings.Druk Holding and Investments (DHI), a state-owned investment company that manages the country’s Bitcoin mining operations and crypto investments, has moved more than 973 BTC over the past 24 hours, in six separate transactions, according to Arkham Intelligence. DHI also moved more than 175 BTC, valued at $11.8 million, on March 10. “Bhutan periodically sells portions of its Bitcoin in clips of $5 million to $10 million, with a particularly heavy period of…

Opinion by: Vikram Arun, co-founder and CEO of SuperformCrypto cards aren’t the future of payments. They’re a temporary interface for a world that hasn’t fully accepted cryptocurrencies.They rely on banks as issuers, Visa or Mastercard as gatekeepers, and compliance rules that look exactly like TradFi. In most cases, crypto is sold into idle USD, the assets stop earning and every swipe creates a taxable event. That’s not innovation. That’s a debit card with extra steps. As digital banks built with blockchain rails scale, crypto cards that behave like debit cards will become obsolete, replaced by systems that treat cards as a thin interface…

Crypto exchange Kraken, which announced four months ago that it planned to go public, has put its plan on hold, according to two people with knowledge of the matter. The company is still considering an initial public offering, but probably not until market conditions improve, said the people, who spoke on condition of anonymity because the matter is private.A Kraken spokesperson said, “As we announced in November, we filed confidentially with the SEC, and that is all we can really share.”The downturn in crypto markets since October, when bitcoin BTC$71,235.78 touched a record high, has made companies more cautious about…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

XRP is beginning to show the kind of price behavior that traders usually watch for when a downtrend starts running out of steam. A technical setup of XRP’s price action shows a cryptocurrency that has already absorbed months of selling pressure and is now trying to build a base above a key support zone.  Although the analysis does not suggest that XRP has already broken into a full bullish trend, it does show that the decline has slowed down, and price is starting to stabilize where buyers are stepping in. A Downtrend That Has Worn Itself Out Technical analysis shows…