Bitcoin’s price just rocketed past $118,000 for the first time, after rising 8.4% during the past week amid macro tailwinds and institutional demand.
Ethereum surged past the $3,000 mark for the first time since February, driven by record inflows into Ethereum exchange-traded funds (ETFs) and a significant liquidation of short positions. This upward
Chad Steingraber, a well-known pro-XRP game developer and early Bitcoin investor, recently drew attention with a post underscoring the potential he sees in XRP. In the post, he referenced his successful experience with Bitcoin, noting that he acquired all of his BTC holdings when the cryptocurrency was priced at $3,000. At the time, many doubted its viability, but Steingraber’s investment decision has since proven to be highly lucrative. I bought all my Bitcoin at $3,000. I wouldn’t have done that if I listened to naysayers. Same is true for XRP. — Chad Steingraber (@ChadSteingraber) July 7, 2025 Bitcoin last traded at $3,000 in December 2018 and briefly maintained similar prices through early 2019. Since then, the asset has climbed to a peak of $118,000, representing a return of approximately 3,700%. Steingraber shared that if he had paid attention to the skeptics back then, he would have missed out on the gains entirely. Drawing Parallels Between Bitcoin Then and XRP Now In his message, Steingraber made it clear that he believes XRP is now in a phase similar to where Bitcoin was during its earlier years. “I bought all my Bitcoin at $3,000. I wouldn’t have done that if I listened to naysayers,” he wrote. He further remarked, “Same is true for XRP.” The implication is that XRP, like Bitcoin before it, could offer substantial returns to those who invest before the mainstream narrative shifts. The post reflects a broader belief held by many XRP supporters. They argue that XRP’s value proposition is still intact and that its long-term potential is underestimated by the market due to current sentiment and legal hurdles. While the coin has remained below its all-time high for nearly eight years, some holders maintain that the market is undervaluing it significantly. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Skepticism Persists, but So Does Belief Despite enthusiasm within the XRP community, the token’s price performance over the years has disappointed some investors. Since the time Bitcoin stood at $3,000, XRP was priced around $0.28. Its gains since then amount to roughly an 11X return, which falls short compared to Bitcoin’s 37X increase. This contrast has led some to question whether XRP can still deliver the kind of returns early Bitcoin investors enjoyed. However, supporters continue to point to the unique factors that have affected XRP’s trajectory. Chief among them is the long-standing legal dispute with the U.S. Securities and Exchange Commission, which some believe suppressed the coin’s growth. With that lawsuit now concluded, advocates argue that XRP is in a better position to attract broader interest and investment. Voices Within the Community Urge Patience Others in the XRP space have echoed Steingraber’s outlook. Crypto educator Edoardo Farina recently claimed that XRP could experience a surge in demand once Ripple announces a clear plan for the tokens currently held in escrow. According to Farina, investors who wait until then to take positions may end up buying at much higher prices. Influencer Coach JV has also weighed in, suggesting that XRP is poised to benefit from what he describes as one of the most significant wealth transfers in modern financial history. Caution or Conviction? For many investors, the core question remains: When will XRP realize the growth its advocates foresee? While early Bitcoin adopters have already reaped large profits, XRP holders continue to wait for similar results. Yet individuals like Steingraber continue to urge patience, maintaining that dismissing XRP now could mirror the same mistake people made when they overlooked Bitcoin at $3,000. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Early Bitcoin Buyer: Overlooking XRP Now Could Be a Costly Mistake appeared first on Times Tabloid .
The digital realm of cryptocurrency is no stranger to volatility, but when the very channels of communication for a project are compromised, it sends an urgent ripple of concern throughout the community. This is precisely what appears to have happened with Plasma, a notable stablecoin payments blockchain. Its official X (formerly Twitter) account has seemingly been hacked, as reported by JinSe Finance, raising immediate alarms about Plasma hack implications and broader crypto security . The account has reportedly posted several updates containing unknown links, a classic red flag for malicious activity. What Exactly Happened with Plasma’s X Account? In the fast-paced world of blockchain, official social media channels like X are critical for project communication, updates, and community engagement. When these platforms are compromised, the consequences can be severe. In this incident, the Plasma hack specifically targeted their X account, transforming a trusted source of information into a potential vector for attack. JinSe Finance’s report highlighted the immediate concern: new posts appearing on Plasma’s X feed, containing suspicious, unknown links. Such a breach typically signifies a few things: Phishing Attempts: The most common outcome, where users are lured into clicking links that direct them to fake websites designed to steal their private keys, seed phrases, or other sensitive information. Malware Distribution: Links could lead to downloads of malicious software that can compromise a user’s device, giving attackers access to their cryptocurrency wallets or personal data. Misinformation Spread: Attackers might post false announcements, creating FUD (Fear, Uncertainty, Doubt) or FOMO (Fear of Missing Out) to manipulate markets or trick users into making rash decisions. The integrity of a project’s communication is paramount, and a compromised X account undermines that trust instantly. This incident underscores the critical importance of robust X account security protocols for all blockchain projects. Why Is X Account Security Critical for Stablecoin Payments and Blockchain Projects? For a project like Plasma, which focuses on stablecoin payments , trust and reliability are its bedrock. Stablecoins are designed to maintain a stable value, often pegged to fiat currencies, making them a cornerstone for everyday transactions in the crypto space. Any perceived vulnerability, even if indirect, can erode confidence. An X account, while seemingly just a social media presence, serves as an official conduit for announcements, security alerts, and support. When this channel is compromised, it directly impacts user perception and operational integrity. Consider these points regarding why X account security is non-negotiable for crypto entities: Aspect Impact of Compromise Official Communication Malicious actors can spread false information, leading to panic or ill-advised actions by users. Reputation & Trust A hack erodes user trust in the project’s ability to protect its own assets and communications. Direct Attack Vector Links posted by hackers can directly lead to phishing sites, malware, or wallet drainers. Market Manipulation False announcements (e.g., token airdrops, new partnerships) can be used to manipulate token prices. For a project focused on stablecoin payments , which are meant to be stable and reliable, any breach, even of a social media account, can cast a shadow of doubt over its fundamental premise. Navigating the Broader Landscape of Blockchain Threats The Plasma hack is a stark reminder that blockchain threats extend far beyond just the blockchain itself. Attackers often target the weakest link in the chain, which can often be human error, social engineering, or vulnerabilities in peripheral systems like social media accounts. The crypto ecosystem is a high-value target, attracting sophisticated and persistent attackers. Common blockchain threats that the industry faces include: Phishing and Social Engineering: Impersonating official entities to trick users into revealing sensitive information. This is directly related to the X account compromise. Smart Contract Exploits: Vulnerabilities in the code of decentralized applications that can lead to loss of funds. Wallet Hacks: Direct attacks on individual cryptocurrency wallets, often through malware or weak security practices. Rug Pulls and Exit Scams: Malicious developers abandoning a project and taking investor funds. DNS Hijacking: Redirecting users from legitimate websites to malicious ones. Each of these threats requires constant vigilance and adaptation. The incident with Plasma’s X account serves as a critical case study in how seemingly ‘non-blockchain’ vectors can still pose significant crypto security risks. How Can You Enhance Your Crypto Security and Combat Blockchain Threats? While projects like Plasma work to restore and bolster their defenses, individual users also bear a responsibility in safeguarding their digital assets. The recent Plasma hack serves as a potent reminder for everyone in the crypto space to review and strengthen their personal crypto security practices. Here are actionable insights to protect yourself from current and future blockchain threats : Always Verify Sources: Before clicking any link or acting on any announcement, cross-reference information from multiple official channels. Check the project’s official website, other social media platforms, and reputable news outlets. Be wary of direct messages or posts that seem too good to be true. Beware of Unknown Links: Never click on suspicious links, especially those promising free tokens, exclusive access, or urgent actions. This is the primary attack vector seen in the Plasma X account incident. Always manually type official URLs into your browser. Enable Two-Factor Authentication (2FA): Use 2FA on all your crypto accounts, exchanges, and especially your social media accounts. Authenticator apps (like Google Authenticator or Authy) are generally more secure than SMS-based 2FA. Use Strong, Unique Passwords: Employ complex, unique passwords for every account. Consider using a password manager to help you manage them. Hardware Wallets for Cold Storage: For significant amounts of cryptocurrency, transfer them to a hardware wallet (e.g., Ledger, Trezor). These devices keep your private keys offline, making them significantly more resistant to online hacks. Stay Informed and Vigilant: Follow reputable crypto news sources and security experts. Understand common scam tactics and stay updated on new blockchain threats . Your awareness is your first line of defense. Regularly Review Permissions: If you use decentralized applications (dApps), regularly review and revoke unnecessary token approvals or permissions granted to smart contracts. By adopting these practices, you significantly reduce your vulnerability to social engineering attacks and other malicious attempts to compromise your digital assets, even when official channels like an X account are temporarily compromised. What’s Next for Plasma and the Crypto Community? Following the Plasma hack , the immediate priority for the Plasma team will be to regain control of their X account, remove any malicious content, and issue official statements through their secure channels. This incident will undoubtedly prompt them, and other projects, to re-evaluate their internal security protocols for all external-facing platforms. For the wider crypto community, this serves as another crucial reminder of the ongoing battle against cyber threats. It highlights the need for: Enhanced Project Security: Projects must invest more in cybersecurity audits, employee training, and multi-layered security for all their digital assets and communication channels. Community Education: Continuous education for users on how to identify and avoid scams is vital. Collaborative Defense: The crypto community, including security firms, exchanges, and projects, should collaborate more closely to share threat intelligence and develop robust defense mechanisms against evolving blockchain threats . The resilience of the crypto space hinges not only on the robustness of its underlying technology but also on the collective vigilance and proactive security measures adopted by both projects and individual users. The future of secure stablecoin payments and the entire decentralized ecosystem depends on it. A Call for Unwavering Vigilance in the Digital Frontier The apparent Plasma hack of its X account is a potent and urgent wake-up call for everyone involved in the cryptocurrency space. It underscores that crypto security is a multi-faceted challenge, extending beyond the blockchain itself to encompass every digital touchpoint. While the core technology of stablecoin payments remains robust, the human and operational layers are constantly tested by sophisticated blockchain threats . This incident is a stark reminder that vigilance, skepticism, and robust personal security practices are not optional but absolutely essential for navigating the digital frontier. Let this serve as a powerful impetus for all of us to double down on our security efforts and remain ever-alert to protect our digital future. To learn more about the latest crypto market trends, explore our article on key developments shaping blockchain security and institutional adoption.
The post Crypto Wallet Xaman Announces Temporary Outage Halting XRP Transactions appeared first on Coinpedia Fintech News Xaman, a self-custody crypto wallet for XRP ledger and Xahahu, has recently announced that users may face a temporary outage due to increased demand and activity. User activity on the Xaman wallet has surged 250% since summer 2024, and the growth has continued in 2025. Xaman Temporary Outage: Increased XRP Demand and Usage In December 2024, Xaman reached over 212,000 active weekly users, and the number has continuously grown since then. In Q1 2025, the crypto wallet possessed over $1billion in XRP, demonstrating the renewed interest in XRP. Due to this surge, the Xaman wallet is currently experiencing a temporary outage, disabling users from accessing the service or conducting transactions. Xaman officials acknowledged the issue on X, while assuring the users that the platform is actively working to resolve it. It stated, “We’re aware of the issue and working to resolve it as quickly as possible. Thank you for your patience, we’ll keep you updated as we make progress.” Key Components to Drive Xaman Demand and User Surge XRP Price Surge: XRP price has surged 4.5% between July 7 and 8, representing the highest price levels since late May 2025. XRP Stability: Unlike other cryptocurrencies like Solana and Dogecoin, XRP remained stable during market-wide profit taking. This demonstrates the strong position of XRP in the current digital asset market. Launching RLUSD transactions on the XRPL: RLUSD stablecoin is pegged to the US dollar, intending to be used for transactions and remittances, settling primarily on the XRP ledger. This factor has potentially boosted the demand for the Xaman wallet. Product Improvement in Xaman: The launch of Xaman 4.0 introduced seamless asset swaps, a 10x faster onboarding process, and enhanced real-time functionality, making the platform more appealing and easily accessible to new and experienced users. Xaman Outage Leaves Users Stranded This is the second time in 2025 that Xaman has shut down its services, preventing users from conducting XRP transactions. During the first outage in March, the platform faced mixed reactions from the user community, as it had not provided any clarity or reason behind the outage. Most of the users raised concerns about being unable to conduct trading at the time, while now, with the recent shutdown, users’ reaction remains to be seen.
GMX exchange saw an activity surge after a recent hack attack recovery. The hacker returned $10.5 million in FRAX coins, starting the refund process. Continue Reading: GMX Exchange Faces Challenges, But Bounces Back Strongly The post GMX Exchange Faces Challenges, But Bounces Back Strongly appeared first on COINTURK NEWS .
Ethereum topped $3,000 for the first time since February, following the largest single day for ETH exchange-traded fund inflows.
Bulls maintain control over the cryptocurrency market as XRP demonstrates notable strength, pushing towards key resistance levels. Recent price movements suggest a potential breakout for XRP, signaling renewed investor confidence
Goldman Sachs has just hired something that doesn’t eat, sleep, or cash a paycheck. Its name is Devin, and it’s not human. The AI software engineer making its debut on Wall Street was created by Cognition, a startup founded in 2023 and backed by billionaire investors like Peter Thiel and Joe Lonsdale, according to a report by CNBC today. Devin was introduced to the public last year through demo clips that showed it finishing real software engineering assignments; full stack, start to finish, with little to no human help. Now, according to Goldman’s Chief Information Officer Marco Argenti, the bank is preparing to onboard hundreds of Devins. “We’re going to start augmenting our workforce with Devin, which is going to be like our new employee who’s going to start doing stuff on behalf of our developers,” Marco said . Goldman has 12,000 human software engineers. Marco made it clear that the number of AI agents could soon be in the thousands, depending on how things play out. From chatbots to full developers Wall Street has already been dipping its toes into AI. Banks like JPMorgan Chase and Morgan Stanley used large language models last year to generate summaries and write emails. But those were just glorified chatbots. This is different. Devin executes multi-step tasks, like building entire apps or migrating internal systems to modern programming languages. It’s doing things that typically require a full team of engineers. Cognition, the company behind Devin, was barely a year old when its valuation doubled to almost $4 billion in March. It claims that Devin is the first autonomous AI software developer of its kind. While Goldman is now using Devin in live environments, it doesn’t hold a financial stake in Cognition. What makes this AI different is its ability to handle boring, complex work that engineers tend to hate. “Updating legacy code into modern frameworks” is one of the tasks Marco mentioned specifically. That kind of labor is usually handed to junior devs or consultants. But with Devin, Goldman doesn’t need either. The bigger picture here is Wall Street’s growing interest in agentic AI. AI that doesn’t just assist, but replaces parts of the workflow entirely. Tech firms like Microsoft and Alphabet have already said that AI now writes 30% of the code in some of their software projects. Marc Benioff, CEO of Salesforce , recently said AI handles 50% of the work inside his company. Now Goldman is pushing that trend into finance. Marco believes this new AI is miles ahead of earlier tools. He said it could improve developer productivity by 3x to 4x, which explains why the bank’s testing isn’t limited to just a handful of engineers. “Those models are basically just as good as any developer, it’s really cool,” he said. That last part may sound exciting, but it comes with implications. Hybrid workforce or headcount cuts? The inevitable concern is jobs. Goldman Sachs is a first mover, but it’s not going to be the last. Earlier this year, Bloomberg Intelligence predicted that 200,000 banking jobs will be cut in the next three to five years because of AI. With Devin now inside Goldman, other firms may follow suit; not with chatbots, but with AI that can actually replace developers. Marco doesn’t deny that. Instead, he talks about a “hybrid workforce,” where humans manage AI tools. “Engineers are going to be expected to have the ability to really describe problems in a coherent way and turn it into prompts,” Marco said, adding that developers will need to supervise the AI, not compete with it. That’s where things get murky. If one AI can do the job of three people, do you keep all three and retrain them to supervise, or do you just keep one human and one Devin? Marco didn’t say. But what’s clear is that Goldman’s vision doesn’t stop at software developers . “So I think that will serve as a proof point also to expand it to other places,” he said. Meaning other job roles might be on the chopping block too. So far, no other major bank has publicly embraced Devin. If the results come back strong, and if productivity numbers hit the levels Marco suggested, don’t be surprised if thousands of AI coders start popping up across Wall Street faster than HR can file the paperwork. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot