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$100M Signal: VivoPower Fuels XRP’s March to $10
A Nasdaq-listed company, VivoPower (VVPR), announced plans to purchase an initial $100 million of privately held Ripple Labs shares while also continuing to buy XRP directly. The company frames this as an “XRP‑focused” corporate treasury strategy, positioning itself as the first U.S.-listed firm seeking exposure to both Ripple equity and the XRP token.
Keyword Financial
Aug 11, 20253 min read
Do Kwon to Plead Guilty in $40 Billion Crypto Fraud Case
Do Kwon, the co-founder of Terraform Labs, is expected to change his plea to guilty in a U.S. criminal case tied to the 2022 collapse of TerraUSD (UST) and LUNA, which wiped out roughly $40 billion in market value. A change-of-plea hearing has been set for August 12 at 10:30 a.m. in Manhattan federal court before Judge Paul A. Engelmayer.
Keyword Financial
Aug 11, 20254 min read
Safety Shot Dives into DeFi with $25M BONK Treasury
Safety Shot (Nasdaq: SHOT) announced it is establishing a corporate treasury position in BONK through a strategic alliance with BONK founding contributors, receiving roughly $25 million worth of tokens. In exchange, the company is issuing $35 million of convertible preferred shares.
Keyword Financial
Aug 11, 20253 min read
Makina Protocol Hack: Why Early 2026 is Seeing a Surge in DeFi Exploits
Makina, a DeFi protocol, reported a $4.2 million exploit on 20 January 2026 tied to liquidity providers in its DUSD/USDC Curve pool, adding to rising DeFi attacks in early 2026 with over $34 million in losses already recorded.
China Takes Custody of Alleged Pig Butchering Mastermind Behind Record BTC Seizure
Chinese authorities have taken custody of Chen Zhi, a businessman described by U.S. officials as a central figure in a major Bitcoin scam and money laundering operation linked to a record $15B bitcoin seizure. Chen, 38, is the chairman and founder of Cambodia-based Prince Group, a conglomerate that U.S. and U.K. authorities allege was used as cover for transnational criminal activity; Prince Group has denied the allegations.
CLARITY Act Update: DeFi Carve-Out, Digital Commodities, and the Next Phase of Crypto Market Structure
Washington is preparing a January markup for the Digital Asset Market Clarity Act (CLARITY Act) of 2025, a major U.S. crypto regulation proposal designed to reduce the long-running SEC vs CFTC jurisdiction fight and create clearer rules for digital assets trading.
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