Token Events

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XRP Breakout Holds as XRPL Lending Vote Gains Momentum

XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity. Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
XRP-1.74%
BTC-2.82%
BNB-0.77%
CryptoNewsLand·04-22 16:31
XRP Breakout Holds as XRPL Lending Vote Gains Momentum

XRP Surges 24,602% Despite Ripple's Ongoing Sales — Debate Reignites Over Token Dump Claims

Viral thread claims Ripple sells XRP monthly to fund operations and dilute holders. It cites 100B total supply, 55B locked, 1B/month release, 70–80% relocked, and 200–300M XRP for ops (~$400M/mo); critics say price tracks Bitcoin and escrow dilution fades. Abstract: The article examines claims that Ripple systematically sells XRP to fund operations, detailing the tokenomics (100B XRP, 55B in escrow with 1B/mo release and relocking, 200–300M for ops) and presenting counterarguments that XRP price movements align more with Bitcoin, not ongoing sales, while escrow shrinkage reduces future dilution and XRP has posted large gains since inception.
XRP-1.74%
BTC-2.82%
GateNews·04-22 16:12
XRP Surges 24,602% Despite Ripple's Ongoing Sales — Debate Reignites Over Token Dump Claims

Dissatisfied with the tokens being frozen! TRON founder Justin Sun sues the Trump family’s WLFI

The conflict between TRON founder Justin Sun and World Liberty Financial (WLFI), a crypto project by the Trump family, has officially escalated from community sparring into a federal lawsuit. On April 22, Sun said that he has filed a lawsuit in the U.S. federal court in California against World Liberty Financial, claiming that his legitimate rights as a WLFI token holder have been violated, including the tokens being frozen, his governance voting rights being stripped, and even being threatened with having his tokens directly destroyed. WLFI investor tokens are locked up after Trump takes office On X, Sun wrote that he still supports the direction of Trump and his administration in promoting crypto-friendly policies in the United States. This lawsuit does not change his view of the Trump administration; but at the same time, he called out that the actions of “some people” within the World Liberty project team have deviated from…
WLFI-0.16%
ChainNewsAbmedia·04-22 05:04
Dissatisfied with the tokens being frozen! TRON founder Justin Sun sues the Trump family’s WLFI

USDT supply reaches a new all-time high of 188 billion USD, with 550 million users relying on payment savings

Tether CEO Paolo Ardoino announced on April 21 that the circulating supply of USDT has reached a new all-time high of $188.0 billion, further widening its lead over competitors and making it the third-largest crypto asset by market cap, trailing only Bitcoin and Ethereum. Ardoino emphasized that more than 550 million users in emerging markets currently rely on USDT for everyday payments.
ETH-2.45%
MarketWhisper·04-22 03:56
USDT supply reaches a new all-time high of 188 billion USD, with 550 million users relying on payment savings

KelpDAO $290M Exploit Attributed to North Korea's Lazarus Group

LayerZero attributed a $290 million exploit of KelpDAO's cross-chain rsETH configuration to North Korea's Lazarus Group on April 18, describing the attacker as a "highly-sophisticated state actor." According to LayerZero, the incident was limited to KelpDAO's rsETH setup and did not spread to other
ZRO-5.02%
ETH-2.45%
AAVE-2.75%
CryptoFrontier·04-21 11:11
KelpDAO $290M Exploit Attributed to North Korea's Lazarus Group