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Joseph Rees

CEO Centers Strategy on ‘Things That Are Good for XRP’

Key Takeaways Brad Garlinghouse linked RLUSD’s expansion to greater XRP liquidity and utility. Ripple focused on integrating businesses acquired for $2.5 billion in 2025. Treasury and prime brokerage offered paths to move more activity onchain. Garlinghouse Reaffirms XRP as Ripple’s North Star Ripple CEO Brad Garlinghouse reiterated his longstanding commitment to XRP in an interview…

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Gnosis Pay Data Breach Exposes Sensitive Customer Records

Key Takeaways Gnosis Pay detected unauthorized access on Nov. 3, 2026, and disclosed the data breach Nov. 6, initiating containment within two hours of detection. Rotki founder Lefteris Karapetsas reported that exposed information included his full name, home address, card number and linked cryptocurrency wallet addresses. The affected consumer card system is scheduled for retirement…

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Prediction Markets Favor Another Drop as Year-End Bitcoin Price Forecasts Sour

Key Takeaways Polymarket traders assign a 52% probability to bitcoin’s price touching $70,000 before 2027, compared with 24% for $90,000. Kalshi’s two leading year-end price brackets carry a combined 35.1% implied probability. November contracts favor a test of $72,500 over a return to $90,000, although prices and probabilities vary across platforms. As of noon Eastern…

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White House Reviews SEC Crypto Rules After Democratic Midterm Victory

Key Takeaways The SEC’s proposal, identified as RIN 3235-AN48, is undergoing White House regulatory review, with no public release date established. Four existing securities rules governing broker-dealer capital, customer protection and recordkeeping are under consideration. Democrats assume control of Congress on Jan. 3, 2027, creating potential political obstacles for President Donald Trump’s cryptocurrency policies. SEC…

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Nubank and Mercadopago Suspend Crypto Withdrawals in Latam

Key Takeaways Mercadopago and Nubank paused crypto transfers, citing issues with an external risk monitoring provider. The sudden disruption sparked unconfirmed social media rumors of a cyberattack on their custodian, Paxos. This fuels regional crypto anxiety, coming just days after a $46M digital asset theft at Mercado Bitcoin. Mercadopago and Nubank Stop Crypto Deposits and…

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Former FBI Agent Pleads Guilty to Stealing $2.47M in Crypto Across 35 Cases

Key Takeaways Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing $2.47 million in cryptocurrency through approximately 100 unauthorized transfers involving wallets tied to 35 FBI investigations. Yaroch laundered the stolen funds through cryptocurrency transactions, used proceeds to pay personal debts, and explored relocating to Portugal, including plans to purchase a vineyard. The thefts…

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