Sound money, led by bitcoin, is coming to the housing market
BitcoinWorld Resupply Exploit: Urgent Action Halts Critical $9.5 Million Smart Contract Hack The decentralized finance (DeFi) world was recently shaken by news of a significant Resupply exploit , a stark reminder of the persistent challenges facing innovation in the crypto space. Resupply, a stablecoin protocol, confirmed a substantial security breach resulting in a $9.5 million loss. This incident underscores the critical importance of robust security measures and swift response in the volatile realm of digital assets, especially for those interested in the future of decentralized finance. Understanding the Resupply Exploit: What Exactly Happened? In a recent announcement via X (formerly Twitter), the Resupply team detailed the specifics of the exploit. The Resupply exploit was meticulously targeted, focusing solely on the market within their protocol. This precision attack led to a staggering $9.5 million being siphoned off, sending ripples of concern throughout the DeFi community. The immediate identification and pausing of the compromised smart contract hack was a crucial step, preventing further losses and demonstrating a rapid response capability by the Resupply team. While the market bore the brunt of the attack, it’s reassuring to note that the rest of the stablecoin protocol remains operational, a testament to the protocol’s modular design and the team’s quick containment efforts. A full post-mortem analysis is promised, which will undoubtedly shed more light on the intricate details of the vulnerability and the exploit’s mechanics. Why Are Smart Contract Hacks a Persistent Threat in DeFi Security? The incident at Resupply is not an isolated event. Smart contract hack incidents have become an unfortunate recurring theme in the decentralized finance landscape. These vulnerabilities often stem from a confluence of factors that challenge even the most robust DeFi security frameworks: Complexity: DeFi protocols are intricate systems, often built on layers of smart contracts interacting with each other. This complexity inherently increases the attack surface for malicious actors. Immutability: Once deployed, smart contracts are designed to be difficult, if not impossible, to alter. A bug, once exploited, can lead to catastrophic and irreversible losses. Composability Risks: The ‘money legos’ nature of DeFi, where protocols build upon and interact with each other, means a vulnerability in one underlying protocol can have cascading effects across the ecosystem. Audit Limitations: While security audits are crucial, even well-audited contracts can harbor undiscovered flaws, especially zero-day exploits that exploit previously unknown vulnerabilities. Novelty: The DeFi space is constantly innovating, pushing new boundaries with experimental financial products. This rapid development sometimes outpaces thorough security testing and established best practices. The Resupply incident highlights that even established stablecoin protocols , which are often seen as pillars of stability within the volatile crypto market, are not immune to sophisticated attacks. This reinforces the need for continuous vigilance and adaptation in DeFi security practices. Strengthening DeFi: Lessons from Every Crypto Vulnerability Every crypto vulnerability , including the recent Resupply exploit , offers invaluable lessons for the entire ecosystem. For users, it’s a stark reminder to exercise caution and conduct thorough due diligence before interacting with any protocol. For developers and project teams, it emphasizes the absolute necessity of a multi-faceted approach to security: Rigorous Audits: Engage multiple, independent security audits by reputable firms specializing in blockchain security. Bug Bounty Programs: Incentivize white-hat hackers to find vulnerabilities and report them responsibly before malicious actors can exploit them. Decentralized Incident Response: Establish clear protocols for rapid response, including the ability to pause specific functions or markets, and transparent communication strategies. Continuous Monitoring: Implement real-time monitoring systems to detect anomalous activities, unusual transaction patterns, or potential exploits as they happen. Community Engagement: Foster an active and vigilant community that can help identify and report potential issues, acting as an additional layer of oversight. The swift action taken by Resupply to pause the compromised contract and communicate transparently is a positive example of effective incident management in the face of a significant smart contract hack . This level of responsiveness is vital for maintaining user trust and ensuring the long-term viability of stablecoin protocols and the broader DeFi ecosystem. The Road Ahead for Resupply and the Future of DeFi Security As Resupply prepares to release its full post-mortem, the focus will shift towards understanding the root cause of the crypto vulnerability and implementing robust measures to prevent future occurrences. Rebuilding trust after a significant exploit is a challenging but achievable goal. Protocols that demonstrate transparency, accountability, and a commitment to enhanced DeFi security often emerge stronger from such trials, learning from their experiences to build more resilient systems. The incident serves as a crucial reminder that while DeFi offers unparalleled opportunities for financial innovation and inclusion, it also comes with inherent risks. The ongoing battle against malicious actors requires a collective effort from developers, auditors, users, and the wider community to continuously fortify the digital infrastructure that underpins this revolutionary financial system. Vigilance and continuous improvement are not just buzzwords; they are necessities for survival and growth in this dynamic space. What Does This Mean for Stablecoin Protocol Users? For users of stablecoin protocols and other DeFi platforms, this incident reinforces several key takeaways that can help navigate the risks: Diversify Your Holdings: Never put all your funds into a single protocol, regardless of its perceived safety. Spreading your investments can mitigate potential losses from a single exploit. Stay Informed: Follow official channels for updates and announcements, especially during security incidents. Reliable information is crucial. Understand the Risks: Be aware that even well-established projects can suffer from a smart contract hack . Understand the specific risks associated with each protocol you use. Prioritize Transparency: Support protocols that are transparent about their security measures, audit reports, and incident responses. Transparency builds trust and indicates a commitment to user safety. The Resupply exploit , while unfortunate, is a critical learning experience for the entire decentralized finance industry. It highlights the continuous need for innovation not just in financial products, but equally in the sophisticated security mechanisms required to protect them, fostering a more secure and resilient future for all participants. To learn more about the latest crypto market trends, explore our article on key developments shaping DeFi security and smart contract vulnerabilities. This post Resupply Exploit: Urgent Action Halts Critical $9.5 Million Smart Contract Hack first appeared on BitcoinWorld and is written by Editorial Team
BitcoinWorld Coinbase Base Unlocking Revolutionary Access: cbADA and cbLTC Arrive Are you ready for a significant shift in how you interact with your favorite cryptocurrencies? The digital asset landscape is constantly evolving, and a recent announcement from crypto giant Coinbase has sent ripples through the community. Coinbase has officially launched cbADA and cbLTC on Base, its very own Ethereum Layer-2 network. This move, as reported by Unfolded on X, isn’t just another product launch; it’s a strategic expansion that promises to enhance accessibility and utility for Cardano (ADA) and Litecoin (LTC) holders within the burgeoning DeFi ecosystem on Base. Understanding Coinbase Base ‘s Latest Move The news that Coinbase is bringing wrapped versions of Cardano (ADA) and Litecoin (LTC) to its Base network is a game-changer for several reasons. For those new to the space, Coinbase Base is an Ethereum Layer-2 (L2) blockchain incubated by Coinbase. It’s designed to provide a secure, low-cost, and developer-friendly environment for building decentralized applications (dApps). By leveraging the security of Ethereum while offering significantly lower transaction fees and faster processing times, Base aims to be a cornerstone of the next wave of decentralized finance (DeFi) innovation. This strategic decision by Coinbase to integrate cbADA and cbLTC directly onto Base signals a strong commitment to expanding the utility of major cryptocurrencies beyond their native blockchains. It means that holders of ADA and LTC, which traditionally operate on their own distinct networks, can now seamlessly participate in the diverse DeFi protocols and dApps being built on Base, all while benefiting from the robust infrastructure provided by Coinbase. The Power of cbADA and cbLTC : What Are Wrapped Tokens ? At the heart of this announcement are cbADA and cbLTC , which are examples of ‘wrapped tokens.’ But what exactly does that mean? Imagine you have a physical asset, like a gold bar, but you want to use it in a different financial system that only accepts paper currency. A wrapped token is essentially a digital representation of a cryptocurrency from one blockchain that’s ‘wrapped’ or tokenized to be usable on another blockchain. Here’s a simple breakdown: Definition: A wrapped token is a cryptocurrency token pegged to the value of another crypto asset. It’s like an ERC-20 version of a non-ERC-20 coin, allowing it to be used on the Ethereum network (or an L2 like Base). How it Works: When you wrap a token, the original asset is typically locked in a smart contract on its native chain, and an equivalent amount of the wrapped token is minted on the target chain. When you unwrap it, the wrapped token is burned, and the original asset is released. Benefits: Interoperability: Enables assets from different blockchains to interact, breaking down silos in the crypto ecosystem. Enhanced Liquidity: Brings liquidity from one chain to another, opening up new trading and lending opportunities. DeFi Participation: Allows holders of non-Ethereum native assets to participate in Ethereum’s vast DeFi ecosystem. With cbADA and cbLTC , Coinbase is providing a trusted bridge for Cardano and Litecoin holders to enter the Base ecosystem. This is a significant step towards a more interconnected and fluid decentralized financial world, where assets aren’t confined to their original chains but can flow freely to where they can be most utilized. Why an Ethereum Layer-2 Network Matters for Adoption The choice of Base, an Ethereum Layer-2 Network , is crucial to understanding the long-term implications of this launch. Ethereum, while robust and secure, faces scalability challenges due to high transaction fees (gas fees) and slower transaction speeds during periods of high network congestion. Layer-2 solutions like Base address these issues by processing transactions off the main Ethereum chain (Layer-1) and then batching them into a single transaction that is settled on Layer-1. Here’s why Layer-2 networks are so vital for the mass adoption of blockchain technology: Feature Ethereum Layer-1 (Mainnet) Ethereum Layer-2 (e.g., Base) Transaction Speed Slower (15-30 TPS) Much Faster (1,000s TPS) Transaction Cost Higher Gas Fees Significantly Lower Fees Scalability Limited High, designed for mass adoption Security Inherited from Ethereum Inherited from Ethereum User Experience Can be costly/slow Smoother, more affordable By building on Base, Coinbase ensures that users interacting with cbADA and cbLTC will experience a much more efficient and cost-effective environment. This lower barrier to entry for users, combined with the immense security of Ethereum, creates an attractive platform for both developers to innovate and users to engage with DeFi applications without prohibitive costs. Unlocking New Opportunities with Wrapped Tokens on Base The introduction of cbADA and cbLTC on Base opens up a plethora of new opportunities for both existing holders of these assets and the broader DeFi community. Previously, if you held ADA or LTC, your participation in the Ethereum-centric DeFi world was limited without going through complex bridging solutions or centralized exchanges. Now, with these wrapped tokens, the doors to Base’s growing ecosystem are wide open. DeFi Integration: Holders can now use their cbADA and cbLTC in various DeFi protocols on Base, including decentralized exchanges (DEXs) for trading, lending protocols to earn yield, and borrowing platforms to access liquidity. Enhanced Liquidity: This move injects new liquidity into the Base ecosystem, potentially attracting more users and developers, leading to a more vibrant and robust decentralized economy. Accessibility for Coinbase Users: Given Coinbase’s massive user base, this integration makes it incredibly easy for millions of users to bridge their ADA and LTC directly into the Base ecosystem, bypassing the complexities often associated with cross-chain transfers. New Trading Pairs: Expect to see new trading pairs emerge on DEXs on Base, allowing for more diverse trading strategies and opportunities for arbitrage. This move underscores a growing trend in the crypto space: the push for greater interoperability and utility across different blockchain networks. By facilitating the seamless flow of value, Coinbase is contributing to a more integrated and user-friendly DeFi landscape. Navigating the Future: Challenges and What’s Next for Coinbase Base While the launch of cbADA and cbLTC on Coinbase Base is undoubtedly a positive development, it’s also important to consider the potential challenges and the road ahead. The primary consideration for any wrapped token solution is trust and centralization. Since Coinbase is the entity facilitating the wrapping and unwrapping of these tokens, users are inherently trusting Coinbase to custody the underlying ADA and LTC assets securely. Key considerations include: Centralization Risk: While Base itself is decentralized, the issuance of cbADA and cbLTC relies on Coinbase as a centralized custodian. This introduces a point of trust that users must be comfortable with. Smart Contract Security: The smart contracts governing the wrapping and unwrapping process on Base must be rigorously audited and secure to prevent vulnerabilities. Regulatory Landscape: The evolving regulatory environment for wrapped tokens and Layer-2 solutions could impact future operations. Looking ahead, this launch could be just the beginning. We might see Coinbase introduce wrapped versions of other popular cryptocurrencies on Base, further expanding the network’s utility and attracting more users. This also strengthens Base’s position as a leading Layer-2 solution, potentially fostering more innovation and dApp development within its ecosystem. The success of cbADA and cbLTC will likely dictate the pace and scope of future wrapped asset integrations. In conclusion, Coinbase’s launch of cbADA and cbLTC on its Base Layer-2 network is a monumental step towards a more interconnected and efficient decentralized financial future. By bridging the gap between distinct blockchain ecosystems, Coinbase is not only enhancing the utility of Cardano and Litecoin but also reinforcing Base’s position as a crucial player in the Ethereum scaling solution landscape. This move promises lower fees, faster transactions, and expanded DeFi opportunities for a broader audience, paving the way for a truly accessible and interoperable crypto economy. As the Base ecosystem continues to mature, we can expect even more innovative applications and increased liquidity, further solidifying its role in the evolution of decentralized finance. To learn more about the latest crypto market trends, explore our article on key developments shaping the Ethereum Layer-2 ecosystem and institutional adoption. This post Coinbase Base Unlocking Revolutionary Access: cbADA and cbLTC Arrive first appeared on BitcoinWorld and is written by Editorial Team
XRP sees remarkable growth in active addresses
As the crypto market pushes deeper into 2025, the race for dominance is heating up once again—but this time, the contenders aren’t just the usual suspects. XRP and Shiba Inu are both mounting fresh comebacks, backed by legal milestones, whale activity, and ecosystem upgrades. Their renewed momentum has analysts revisiting the possibility of both tokens climbing back into the top 10 by market cap before the year closes. But there’s another name on the radar that’s changing the game entirely. MAGACOIN FINANCE , a new presale altcoin, is quickly becoming one of the most talked-about breakout candidates of the year. While XRP and SHIB work to reclaim lost ground, MAGACOIN FINANCE is starting from the ground up—fast. Its low entry price, viral presale momentum, and strong investor engagement have positioned it as a serious contender for exponential gains. And if early signals are right, it may not just join the top 10 conversation—it could hijack it XRP and Shiba Inu Show Strength XRP and Shiba Inu have both spent years near the spotlight—but for very different reasons. As of late June 2025, XRP is once again at the center of a legal standoff with the SEC. Despite talk of settlement, a federal judge recently shut down both sides’ attempt to escape a final ruling. It’s a reminder that legal clarity for XRP isn’t guaranteed, even after years of litigation. Still, XRP isn’t standing still. Futures contracts tied to XRP are now live on the Chicago Mercantile Exchange, marking a milestone moment for the token’s institutional credibility. Ripple’s acquisition of brokerage firm Hidden Road—now approved by FINRA—adds another layer of compliance strength to its growing financial ecosystem. And while XRP’s price hovers between $2.10 and $2.18, analysts are split on whether a breakout or deeper correction is next. What’s clear is that XRP remains in play, but the path forward depends on more than just technical patterns. Shiba Inu, by contrast, is fighting its way back with innovation and whale support. A massive $110 million SHIB accumulation day—its largest in five months—sparked a sharp rebound from a 16-month low. On-chain momentum is improving, but it’s the ecosystem upgrades that could give SHIB lasting strength. Developers recently launched the Shib Alpha Layer, introducing encrypted smart contracts and the infrastructure for ultra-fast Layer 3 rollups. ShibDAO is also bringing real governance to holders, moving SHIB closer to true decentralization. While neither XRP nor SHIB is guaranteed a top 10 finish by year-end, both are showing they’re far from finished. But in a market increasingly hungry for new stories, a different kind of contender is catching fire. MAGACOIN FINANCE: The Early-Stage Contender Everyone’s Watching MAGACOIN FINANCE isn’t a household name yet—but that could change fast. The project is deep in its presale phase, where token stages are selling out faster than most memecoins can update their roadmaps. It’s already raised more than $10 million, with early buyers treating this like a once-in-a-cycle opportunity. There’s no shortage of early-stage tokens, but what’s pushing MAGACOIN FINANCE ahead is the mix of timing, positioning, and momentum. It enters the market during a period of blue-chip fatigue. Ethereum is consolidating, XRP is tied up in court, and most of the top coins are moving sideways. Traders aren’t just watching anymore—they’re rotating. Unlike most meme coins that launch with hype and little else, MAGACOIN FINANCE has branding, token scarcity, and a fast-growing online movement. The token is priced under a cent, and that’s part of the draw—investors know the biggest returns are made before listings, not after. Analysts calling for 25x to 50x gains may sound aggressive, but if MAGACOIN FINANCE hits major exchanges with the kind of community firepower it’s currently building, that kind of upside becomes plausible. This isn’t about replacing XRP or SHIB. It’s about identifying the next breakout before the market catches up. And right now, MAGACOIN FINANCE looks like that play. Conclusion: A Race with Room for a Surprise Winner XRP has the legal and institutional foundation. SHIB has the community and evolving tech. But MAGACOIN FINANCE is riding pure momentum—and doing it at the exact moment when crypto traders are looking for underpriced upside. By the end of 2025, we may see all three tokens fighting for a spot in the top 10. The difference? Only one of them is still giving early investors a shot at the ground floor. For more information, please visit: Website: magacoinfinance.com Exclusive Access: magacoinfinance.com/entry Continue Reading: Could XRP, Shiba Inu, and This New Cryptocurrency All Join the Top 10 Coins by End of 2025?
The Bitcoin price could be entering the final and most explosive phase of its current market cycle, as an analyst maps out the cryptocurrency’s next movements onto a parabolic step-like structure. Reinforcing this bullish outlook is the Elliott Wave 5 count, which points to an epic price rally that could propel Bitcoin above $300,000, eclipsing its previous all-time high and current market value by a substantial margin. Bitcoin Price Ultimate Parabolic Push Unveiled A newly released Bitcoin price forecast by X (formerly Twitter) crypto analyst Gert van Lagen boldly suggests that the leading cryptocurrency may be on the verge of its most aggressive bull run this cycle. Lagen’s price chart indicates that BTC is firmly locked into a parabolic step-like growth structure, potentially eyeing an extended Wave 5 breakout that could drive prices well beyond $345,000. Related Reading: Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next? The trajectory of the analyst’s chart illustrates a clear parabolic growth curve anchored by four distinct formations, labeled Base 1 through Base 4. Each of these bases represents a phase of accumulation and consolidation that preceded a Bitcoin price breakout. This structure also mirrors a textbook parabolic setup, where each new base sets the stage for steeper upward moves. Most notably, after the completion of Base 3, marked by the inflection point on the chart, Bitcoin launched into a sharp rally, confirming the expected parabolic behavior. Lagen’s analysis now indicates that BTC’s current Base 4 has been completed, followed by a corrective A-B-C structure that appears to have reached its bottom, positioning the cryptocurrency for the anticipated final leg of its cycle. Using Elliott Wave theory, Bitcoin’s price action is still unfolding within the fifth wave, which is the final advance in the five-wave impulsive cycle. The price chart identifies Wave 1 as beginning shortly after the 2022 lows. This was followed by a powerful breakout in 2023, which defined Wave 3, while Wave 4 concluded more recently with a classic corrective pattern. Notably, the upcoming Wave 5 could see Bitcoin skyrocket anywhere between $300,000 and $425,000, depending on the timing and strength of its bullish momentum. Timeline For Game-Changing Rally A key element in Lagen’s analysis is the dynamic “sell line” drawn near the upper end of the parabolic arc that runs underneath the Bitcoin price movement on the chart. According to the analyst, the longer it takes for Bitcoin to hit this projected vertical trajectory, the higher the price at which the potential market top might occur. This is due to the upward curvature of the parabolic trend line itself, which steepens over time. Related Reading: Bitcoin To Surge To $130,000 Next? What The Wave Count Says Currently, Lagen forecasts an early breakout by July 7, 2025, if momentum resumes immediately. However, if Bitcoin continues consolidating through the summer, the projected peak could rise further, as the sell line would continue climbing over time. Featured image from Pixabay, chart from Tradingview.com
Ripple reaffirmed XRP’s legal status after a federal judge upheld her previous ruling and rejected proposed settlement changes in a joint motion with the SEC, drawing renewed attention to the crypto’s regulatory outlook. Ripple Reasserts XRP’s Legal Status After Court Upholds Penalty Ripple Chief Legal Officer Stuart Alderoty publicly addressed District Judge Analisa Torres’ rejection
XRP may be gearing up for a significant upward move, according to recent analysis by Teo Mercer, a digital asset strategist with a large following on social media. Mercer believes that the current market conditions and evolving regulatory developments in the United States could provide the momentum needed for XRP to achieve higher valuations in the coming months. In a recent post, Mercer noted that XRP is showing strong indicators of a potential breakout, following an extended period of subdued performance. With XRP currently priced near $2, he suggests this range may offer an attractive opportunity for new entrants. Projected Price Range: $3 to $4 Considered Attainable Mercer’s outlook is centered around the belief that XRP could realistically climb to between $3 and $4 in the short-to-medium term. He explained that these levels are achievable if current market sentiment continues to improve and regulatory clarity is maintained. $XRP is starting to show serious signs of life. With U.S. crypto regulation entering its final stages, the environment is aligning in XRP’s favor. Feels like something big is loading. This looks like a strong entry point, with $3–$4 as a realistic target in the coming months. pic.twitter.com/TrmhZ4Us0r — ︎ Teo Mercer (@TeoMercer) June 25, 2025 Earlier in the year, XRP temporarily entered this price zone but was unable to sustain the momentum due to broader market resistance. Since then, it has hovered around $2, prompting frustration among holders. However, analysts like Mercer believe that conditions are finally aligning in XRP’s favor, particularly as legislative and regulatory frameworks for cryptocurrencies take shape in the U.S. U.S. Moves Toward Comprehensive Crypto Regulation The renewed optimism around XRP and other digital assets is largely being driven by recent progress in U.S. crypto regulation. Notably, the Senate recently passed the GENIUS Act , which introduces a regulatory structure for stablecoins. The law establishes oversight requirements, full asset backing, and consumer protections for these digital currencies. Additionally, new legislation proposed by Republican lawmakers aims to clarify how cryptocurrencies are categorized. The bill distinguishes between securities and commodities, assigning regulatory authority according to either the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). If passed, this could significantly reduce regulatory ambiguity and support more consistent market growth. Further signaling institutional adoption, the Federal Housing Finance Agency (FHFA) has instructed mortgage giants Fannie Mae and Freddie Mac to incorporate digital assets in assessing borrowers’ financial qualifications. This directive could open doors for broader acceptance of crypto assets in traditional finance, particularly under the pro-crypto posture of the current U.S. administration. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Another important factor supporting XRP’s potential growth is the conclusion of its prolonged legal battle with the SEC. Ripple and the agency have reportedly agreed to a $50 million settlement, pending court approval. The end of this high-profile case removes a significant obstacle that has overshadowed XRP’s market outlook for years. Differing Views on XRP’s Upside While Mercer’s price target remains conservative compared to more aggressive forecasts, it aligns with a growing consensus that XRP could soon gain momentum. In contrast, some analysts have issued far more ambitious predictions. For instance, Dustin Layton recently suggested that 1,000 XRP, currently valued at approximately $2,000, could yield profits of $50,000 before year-end, implying a price per coin of over $52. Such a valuation would require XRP to reach a market capitalization exceeding $3 trillion, a milestone many view as unrealistic in the near term. Nonetheless, the existence of these projections reflects heightened expectations from portions of the crypto community. The supportive market sentiment has created a favorable environment for XRP’s potential appreciation. While price predictions vary, analysts like Mercer maintain that a move to $3 or $4 is not only possible but increasingly likely in the coming months as conditions continue to stabilize. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post XRP: Expert Says Something Big Is Coming. Here’s Why appeared first on Times Tabloid .
The Russian digital ruble, the nation’s central bank digital currency (CBDC) , will finally launch nationwide on September 1, 2026, the Central Bank claims. The Central Bank says that it expects the largest commercial banks in the nation to start providing their clients with a full range of CBDC transaction options as of September next year. Digital Ruble Rollout: Can Moscow Prevent Further Delays? Its previous statements on the matter would appear to suggest the Central Bank will follow up with an order for smaller and regional banks to follow suit in September 2027. A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second half of summer 2025. #BitcoinMiining #BitcoinPrice https://t.co/nPpvHr4KJ9 — Cryptonews.com (@cryptonews) June 25, 2025 The digital RUB had been slated to launch on July 1 this year. But the Central Bank abruptly postponed the launch “indefinitely” in early March . The bank stunned the public when it initially gave no alternative launch timeline. This led to a flurry of speculation that Moscow was preparing to ditch its CBDC. Others suggested Moscow might push back the rollout to at least 2027 . Some forecasted that the Central Bank would pursue crypto-powered alternatives to the digital ruble. They cited a lukewarm reception for digital RUB plans from both the public and the banking sector. However, the Russian state-run news agency TASS reported that some of the biggest banks in the country are looking forward to the launch. The Russian Central Bank in Moscow. (Source: NVO [CC BY 2.5]) A VTB spokesperson said the megabank was already technologically prepared for the rollout. Sovcombank, meanwhile, said that it would be “completely ready” for customers to make digital RUB transactions by the Central Bank’s deadline. Both banks are currently working with Moscow on the ongoing digital ruble pilot. VTB said that “as the first bank to join the pilot project,” it was “technologically ready” for the launch. It added: “We are interested in providing our clients with access to the latest financial instruments as soon as possible. We expect a wide-reaching digital ruble launch for Russian citizens.” President Donald Trump said that it is possible that Russian President Vladimir Putin has territorial ambitions beyond Ukraine https://t.co/zyOyowqMjB pic.twitter.com/q2zRmeE8ST — Reuters (@Reuters) June 25, 2025 Legislation Heads to State Duma The Central Bank says it has sent a draft bill to the State Duma. It is hoping to rapidly enshrine its demands to the banking sector in Russian law. Lawmakers have previously claimed that the Russian CBDC will be interoperable with the digital currencies issued by other BRICS member states. Some have claimed that it will be put to use in the cross-border trade sector, where it will help Russian traders avoid sanctions regimes. But critics claim that the coin may violate citizens’ privacy rights. They also complain that the digital RUB will be hard to use in more remote parts of Russia, where internet connectivity is often unstable. The post Russia’s Digital Ruble to Roll Out in September 2026, Says Central Bank appeared first on Cryptonews .
Metaplanet Inc. has significantly expanded its Bitcoin holdings by acquiring 1,234 BTC, reinforcing its position as a leading institutional investor in the cryptocurrency space. Under the leadership of CEO Simon