Month: April 2025

Ripple Labs Acquires Prime Broker Hidden Road For $1.25 Billion

Key Notes Payments giant Ripple Labs has bought a brokerage firm, Hidden Road. The digital currency payments firm announced the deal is valued at $1.25 billion, making it one of the largest in the market. The acquisition will integrate several of Ripple’s products, including RLUSD and the XRP Ledger. Ripple Labs, the American tech company, is back in the spotlight following its $1.25 billion acquisition of prime brokerage firm Hidden Road, one of the biggest deals in the crypto ecosystem. According to the update, Ripple Labs said the acquisition is…

Ripple acquisition of Hidden Road a ‘defining moment’ for XRPL — Ripple CTO

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Ripple’s $1.25 billion acquisition of prime broker Hidden Road is a “defining moment” for the blockchain payments company, potentially unlocking more use cases for the XRP Ledger among institutions, said David Schwartz, Ripple’s chief technology officer.  “Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP,” Schwartz said on social media on April 8.  Hidden Road is a prime brokerage and credit network with more than 300 institutional customers. On a typical day, it clears more than $10 billion and processes more than 50 million…

Scaling the EVM requires an L1, not an L2

Opinion by: Jay Jog, co-founder of Sei Labs  When CryptoKitties crashed the Ethereum network in 2017, the industry learned a hard lesson about blockchain scalability. Today, with over $100 billion locked in decentralized finance (DeFi) and millions of non-fungible tokens (NFTs) being traded, that lesson is more relevant than ever. The Ethereum Virtual Machine (EVM) — the engine that powers this activity — is reaching its limits. So far, the crypto community’s answer has been layer 2 solutions — separate chains that process transactions and report back to Ethereum. But…

Crypto execs expect global banking push into Bitcoin by end of 2025

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Despite the ongoing market meltdown on US trade tariffs, executives at major cryptocurrency firms Messari and Sygnum are bullish on institutional Bitcoin adoption later in 2025. Speaking on a panel at Paris Blockchain Week on April 8, Messari CEO Eric Turner and Sygnum Bank co-founder Thomas Eichenberger said they expect a significant shift in the banking sector’s involvement with crypto in the second half of the year. According to the executives, the global banking push into Bitcoin (BTC) services has great potential to happen in the second half of 2025…

SEC Crypto Roundtable: Former Rivals Coinbase, Cumberland, and Uniswap to Attend

Key Notes SEC’s second crypto roundtable features Coinbase, Uniswap, and Cumberland DRW, focusing on regulatory clarity for the digital asset industry. Trump administration shifts SEC approach, dropping lawsuits against Coinbase and Cumberland DRW, fostering a crypto-friendly environment. SEC announces future roundtables on topics like crypto custody, tokenization, and decentralized finance (DeFi) to clarify regulations. The US Securities and Exchange Commission (SEC) will be conducting its second round of crypto roundtable on April 11, while speaking to representatives from different crypto firms, including Coinbase, Uniswap Labs, and Cumberland DRW. The event,…

Kain Warwick, X Hall of Flame

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Infinex founder Kain Warwick has a few ideas on how hype could return to the fading asset that is Ethereum — but says there’s no “one easy narrative” to breathe life back into it. Warwick’s red light therapy. (Infinex) “There’s no fucking certainty in ETH land right now,” Warwick tells Hall of Flame, but that doesn’t mean a comeback is off the table. “If there’s demand for ETH the asset, demand for block space on the L1, that will drive things,” he says. Warwick, who admits he sold off 90%…

Ripple Announces $1.25B Acquisition Of Hidden Road To Set Major Milestone

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has…

Dubai gov’t agencies to link real estate registry with property tokenization

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Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector. On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system.  The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management efficiency. It also aims to support Dubai’s broader economic strategy, which includes…

Top 3 cryptos to gain from Trump tariffs and Bitcoin price crash

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The United States’ first Bitcoin President is presiding over a crypto market crash. Crypto proponents and firms funded Trump’s campaign with hopes of pro-crypto regulations and policies in the U.S. While initial progress was made on the stablecoin bill and the Strategic Bitcoin Reserve, Trump is changing the world order with his Liberation Day tariff announcements.  Bitcoin (BTC) and altcoins have crashed alongside currencies and equities in the global markets, losing the edge as “digital gold.” While traders may have treated Bitcoin and crypto as a hedge against declines in…

HBAR Gains 8.6% as Nearly All Assets Trade Higher

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 2309.92, up 2.5% (+55.35) since 4 p.m. ET on Monday. Nineteen of the 20 assets are trading higher. Leaders: HBAR (+8.6%) and APT (+5.6%). Laggards: FIL (+0.0%) and AAVE (+1.4%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal