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Ripple Backs Stablecoin Startup as Part of $10 Million Funding Round

San Francisco-based company Ripple has taken part in a $10 million funding extension for stablecoin-focused payments platform Velocity.　　The funding round, which has now been expanded to an impressive $48 million, has allowed the London-based company to reach a valuation of $200 million.　　It is worth noting that the company behind the XRP cryptocurrency was already an investor in Velocity before the latest expansion took place.　　XRP Fakeout Ruins Landmark XRP Ledger Momentum: Main Crypto News This Morning　　XRP, Zcash (ZEC), Bitcoin (BTC) and Ethereum (ETH) Price Analysis for September 15: Markets Chance to Bounce　　The aforementioned round was also backed by such investors as Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, and Wintermute Ventures.　　Velocity is working on increasing the efficiency of payment settlements by connecting traditional financial infrastructure with stablecoin rails.　　With the help of the companys platform, stablecoins can serve as an always-on layer for settlements.　　The startup, which was founded in 2025, specifically targets merchants, financial institutions, fintech companies, and payment providers.　　Visa push　　Earlier this month, Velocity and MVB Financial announced that MVB would participate in a Visa Direct pilot.　　Velocity‘s tech makes it possible to plug stablecoin-based liquidity directly into MVB’s infrastructure.　　Ripples stablecoin involvement　　Ripple became a major player within the stablecoin sector after

09-16انڈسٹری

A $206M XRP Transfer Looked Like a Whale Move - The Wallet History Says Otherwise

Key highlights:A $206.5 million XRP transfer sparked whale speculation but wallet history links the addresses to Upholds custody infrastructure.The 145.6 million XRP movement appears to be an internal custody transfer, not a whale accumulation or selloff.XRP held steady as bulls eye the $1.55 price point.　　A massive XRP transfer initially looked like another whale accumulation, but the wallet history points to a much more routine explanation. A total of 145,634,500 XRP, worth around $206.55 million at the time, moved between two wallets on September 14.　　The $209M XRP transfer raised whale speculation　　Whale Alert initially identified both addresses as unknown, putting the transaction on the radar of traders watching for large XRP movement. Large XRP transfers attract attention because they can signal accumulation, exchange movements, or potential selling pressure.　　The transfer involved more than 145.6 million XRP, making it one of the largest XRP movements tracked during the period. Last month, CoinCodex recorded a spike in XRP whale accumulation with investors taking advantage of the dip in asset prices.　　Discover more　　FINANCE　　News　　Financial Markets News　　At face value, the lack of identified ownership in the latest fund movement left plenty of room for speculation. A transfer of that size could have represented a whale moving funds into long-term

09-16انڈسٹری

CoinEx to Close Exchange on Ninth Anniversary

Crypto exchange CoinEx will end spot trading on Sept. 29, stop withdrawals at 2:00 UTC on Dec. 22 and close the platform on Dec. 22, exactly nine years after its launch.　　In an announcement, CoinEx blamed a prolonged crypto-market downturn, a contraction in trading volume and liquidity, and rising regulatory requirements, compliance costs and operational uncertainty. The venue said it began the staged wind-down on Sept. 15.　　Discover more　　NEWS　　Digital Currencies　　Engineering & Technology　　Founder Haipo Yang said CoinEx did not become a leading exchange, he wrote on X, while security and compliance risks became harder to contain. “Carrying unlimited risk for limited revenue is no longer a rational choice,” Yang said. He added that he considered selling the exchange but decided against it.　　Trading Ends Before Withdrawals　　New registrations have stopped, futures are in reduce-only mode, and CoinEx is no longer accepting new orders or subscriptions for products including margin trading, loans, Earn and staking. All non-spot services and most deposits are scheduled to end Sept. 22.　　CoinEx will stop spot trading on Sept. 29. At 2:00 UTC that day, it will begin processing assets other than USDT. Tokens with external liquidity will be sold in batches and converted to USDT based on net sale proceeds. For

09-16انڈسٹری

US yields near 5%: Is the long-term bull cycle entering its final stage？ [Video]

If you have been following our analysis for a while, you may remember that we were already looking for higher US yields back in December 2025, when we prepared our special market outlook for the year ahead. Since then, US yields have moved nicely higher, and the US 10-year yield has now reached the important 5% area.　　Members update-previous chart　　The move has been supported by persistent inflation, strong economic data and, more recently, the sharp rise in crude oil. Markets have also become much more confident that the Fed will raise rates, with a rate hike now almost fully priced in for Wednesday.　　But could yields be getting close to a top？　　This is where things become interesting.　　Markets usually move on expectations of what central banks will do next, rather than simply reacting to what they are doing today. For months, investors have been repricing the possibility of higher Fed rates, and this has helped push the 10-year yield towards 5%.　　But once the Fed actually starts hiking, the focus will quickly shift to the next question: how many more hikes can they deliver？　　Discover more　　FINANCE　　NEWS　　Choose POS Systems　　In other words, more tightening now could mean less upside for yields later.　　This is especially interesting because the

09-15انڈسٹری

Indian police to question Google over 500,000 fake Gmail accounts

Police in Gujarat, western India, are set to question Google after uncovering a criminal network that allegedly created more than 500,000 fake Gmail accounts to send bomb threats to government offices. One of the threats was timed to coincide with this months BRICS summit in New Delhi.　　Exactly 513,847 Gmail logins in use since 2022　　Police recovered 513,847 Gmail usernames and passwords from the network, Reuters reported. Two suspects have been arrested, and investigators believe the accounts had been in use since 2022.　　Discover more　　Choose POS Systems　　NEWS　　Trade Crypto Assets　　Gujarat police cybercrime official Vivek Bheda told Reuters that investigators had never encountered an operation on this scale. Police plan to write to Google and push for policy changes that would make its safeguards harder to bypass, while also formally naming the company as a subject of the investigation.　　Hoax email days before BRICS meeting　　The probe began after Gujarats state government received a bomb threat by email on September 10, Reuters reported. The message came just days before BRICS leaders met in New Delhi and also threatened countries working with India during the summit, according to police. Police found no explosives and later determined that the threat was a complete hoax.　　The criminal group also allegedly sent

09-15انڈسٹری

Wrapped Bitcoin Risks: Why Institutions Focus on Rehypothecation

Peter Zhang　　Sep 15, 2026 15:20　　Wrapped BTC products like cirBTC face scrutiny over rehypothecation risks and reserve transparency. Learn why institutions care about segregated collateral.　　Wrapped Bitcoin (WBTC) products, which allow Bitcoin (BTC) to be used in decentralized finance (DeFi), have drawn increasing scrutiny from institutional players due to risks surrounding rehypothecation and reserve transparency. Circles newly launched cirBTC aims to address these concerns, positioning itself as a more transparent wrapped BTC option for institutional users.　　At its core, wrapped BTC transforms native Bitcoin into a tokenized asset that can function in blockchains like Ethereum or lending protocols such as Aave. However, the structure of these products matters greatly, as past market cycles have revealed weaknesses in how reserves are held and disclosed. For example, during periods of market stress, certain wrapped BTC products such as those tied to now-defunct entities like FTX saw redemptions suspended or tokens trade at a discount due to doubts about their backing.　　Rehypothecation Risks in Wrapped BTC　　Rehypothecation—the reuse of pledged collateral—is a significant risk factor for wrapped BTC. In traditional finance, this practice is often tightly regulated, requiring disclosure and compensation for the underlying asset holders. In DeFi, rehypothecation has historically lacked such guardrails, creating multiple claims on

09-15انڈسٹری

A Dormant 2021 Ethereum Whale Just Moved $37 to OKX After Sitting on a $20M Paper Loss

Key highlights:Two dormant wallets sent a combined 14,700 ETH, worth about $36.94 million, to OKX.The coins were bought in August and October 2021, when they were worth $56.9 million.The holder is currently sitting on a paper loss of $20 million.　　A sleeping whale has sprung back into action, sending millions of dollars worth of Ethereum to an exchange despite sitting on a steep unrealized loss. Two wallets, said to belong to the same holder, moved14,700 ETH, worth $36.94 million at the current ETH price, to OKX on September 14.　　Ethereum whale moves coins for the first time since 2021　　Data showed that the transferred coins were bought back in 2021. One wallet received 5,000 ETH in August, 2021, while the second wallet got 9,700 ETH in October that year.　　Discover more　　FINANCE　　Brokerages & Day Trading　　Distributed & Cloud Computing　　The wallets had been funded by the same source address at the time, which suggested the wallets belonged to a single holder. The whale emptied the assets into the same OKX deposit address on September 14.　　Blockchain analytics firm Lookonchain was the first to flag the transfers, noting that each wallet also sent small test transactions of 1 ETH and 100 ETH, respectively, before the larger transfers went through.　　Notably,

09-15انڈسٹری

S&P Global Leads Kaiko Investment, Taking Series B to $110M

S&P Global led a strategic investment in crypto data provider Kaiko, extending the companys Series B funding total to $110 million, Kaiko said on September 14.　　The Block reported that Kaiko‘s earlier Series B raised $53 million in June 2022, making the newly disclosed total $57 million higher, and that Eight Roads led the 2022 round. Kaiko did not disclose its valuation, the size of S&P Global’s investment or the amounts invested by other participants, according to The Block.　　S&P Global extends Kaikos Series B to $110 million　　The funding extension adds a major market-data name to Kaikos investor base as the company pursues work spanning digital-asset data and tokenized-market infrastructure. Kaikos announcement described S&P Global as the lead investor in the strategic financing.　　Discover more　　Compare Exchange Rates　　Track Market Trends　　Compare Credit Cards　　The $110 million figure represents cumulative Series B funding rather than a disclosed standalone amount for the latest extension. That distinction limits visibility into the valuation attached to the transaction and the ownership stakes involved, since neither Kaiko nor the reported deal coverage provided those details.　　The earlier $53 million raise came more than four years before the September 2026 extension. Kaikos latest announcement did not set out a separate closing date for individual

09-15انڈسٹری

Can ARB post a 70X surge by 2030？

Arbitrum (ARB) pares losses, trading at $0.135 on Tuesday as the crypto market awaits the United States (US) Senate vote on the CLARITY Act. The Ethereum (ETH) Layer-2 token consolidates after a rally to $0.207 on September 6, the highest level ARB has traded at since January.　　A break above the immediate supply at $0.140 would help to provide a tailwind for a sustained recovery. However, investors should temper expectations if ARB remains below that hurdle, raising the odds of a continued downtrend.　　Arbitrum could surge 70X by 2030　　Standard Chartereds Kendrick Geoffrey, the global head of digital assets research, predicted in an email sent to Stocktwits on Monday that ARB could rise to $10 by the end of 2030. Such a steady growth would mark an approximately 70X increase from the current market level.　　Geoffrey cited Arbitrums recent launch on Robinhood Chain, which, in his view, cements the protocol as an emerging leading platform for bringing traditional finance (TradFi) assets on-chain.　　“The recent Robinhood Chain launch has demonstrated the potential for Arbitrum to become the number 1 choice for TradFi when bringing assets on-chain,” Geoffrey told Stocktwits in the email.　　Kendrick projects Arbitrums monthly revenue to climb to approximately $5 million in September, driven by

09-15انڈسٹری

XRP sees $206.6M whale transfer - Could heavy supply cap the recovery？

XRPs recent rally has been accompanied by an interesting shift in trader derivatives positioning. The altcoin climbed from roughly $1.00 to $1.42, yet traders have steadily reduced their outstanding exposure.　　By the end of August, the 30-day Open Interest (OI) in XRP for Bybit had reached around 61 million XRP. Later on, it fell dramatically through the first two weeks of September to -37.5 million XRP. The drop represented a 98.5 million XRP turnaround, while the price gained about 42%.　　The divergence suggests XRPs advance was not as a result of a fresh build-up of leverage but spot-driven accumulation.　　Source: CryptoQuant　　While decreased OI does provide evidence that there are fewer trades taking place, it does not clarify if those trades were short or long. Therefore, the data rules out a leverage-fueled rally leaving open whether the reduction was driven primarily by long profit-taking or short squeezes.　　XRP holds its August gains　　That shift in derivatives exposure comes as XRP‘s price remains firmly above its August breakout level. XRP’s price surged from approximately $1.00 to nearly $1.70 in just three days. Since then, XRP has been in an extended consolidation mode.　　XRPs price has traded between approximately $1.30 and $1.49 since late August. Buyers have defended most

09-15انڈسٹری

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