Stuart Alderoty Highlights Blockchain Transparency and Everyday Crypto Use Amid Media Criticism The debate over cryptocurrency’s role in society resurfaced this week after Ripple Chief Legal Officer Stuart Alderoty publicly rejected claims that digital assets are primarily tools for crime and corruption. In a detailed post on X dated October 17, Alderoty criticized recent media portrayals that frame crypto as a haven for illicit activity, calling such views “lazy and inaccurate.” He argued that public blockchains are transparent, traceable, and widely used by everyday Americans for legitimate purposes such as payments, proof of ownership, and small business transactions. Crypto Transparency…
Author: Blockto Team
NEAR Price Faces Pressure After Sharp Market Reversal NEAR Protocol (NEAR) has entered a critical phase on the charts as prices slide below recent consolidation levels, with traders eyeing the $2.00–$1.80 support zone as the next key area of defense. The token, currently trading around $2.16, reflects a sharp decline from the October highs near $3.20, aligning with the broader downturn seen across the digital asset market. Technical Outlook: Support Retest Signals a Pivotal Moment NEAR’s recent correction has brought it back to a major demand zone that has historically acted as a turning point for the asset. The chart…
Concerns rise over legal ambiguity for open-source builders as Tornado Cash case sets a precedent Roman Storm, co-developer of the Tornado Cash protocol, has reignited debate across the decentralized finance (DeFi) community by questioning whether open-source developers can ever be fully protected from retroactive prosecution by the U.S. Department of Justice (DOJ). His comments come amid growing legal uncertainty over how existing financial laws apply to decentralized systems. In a recent post, Storm asked developers, “How can you be so sure you won’t be charged by the DOJ as a money service business for building a non-custodial protocol?” The question…
Bitcoin creator’s 1 million BTC stash takes a hit as crypto markets face record liquidations, but analysts say fundamentals remain intact. $20 Billion Wiped From Satoshi’s Bitcoin Holdings The pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto, saw the value of their Bitcoin holdings decline by over $20 billion amid the recent crypto market crash. According to Arkham Intelligence, Satoshi’s wallets — which collectively hold over 1 million BTC — are now valued at approximately $117.5 billion, down from $136 billion when Bitcoin reached its all-time high of over $126,000 in early October. Despite the steep decline, Satoshi remains the largest…
Company introduces first-ever premium purchase contract that could add another $79 million to its ETH-focused balance sheet. Sharplink’s Bold Ethereum Strategy Gains Momentum Sharplink has secured $76.5 million through an equity sale priced at $17 per share, a 12% premium above market value — marking a strong vote of confidence from investors in its Ethereum-focused treasury strategy. In addition to the equity raise, the company unveiled a 90-day premium purchase contract priced at $17.50 per share, a first-of-its-kind instrument within the Digital Asset Treasury (DAT) ecosystem. If fully exercised, the new arrangement could generate an additional $79 million in capital.…
The payments giant’s new Layer-1 blockchain gains major backing from top venture capital firms amid rising demand for stablecoin infrastructure. Stripe’s Tempo Raises $500 Million to Build the Future of Blockchain Payments Stripe’s blockchain venture, Tempo, has achieved a $5 billion valuation after securing $500 million in Series A funding, according to a Fortune report. The round was led by Thrive Capital and Greenoaks, with participation from Sequoia Capital, Ribbit Capital, and SV Angel. Stripe and its partner Paradigm, which co-announced Tempo earlier this year, reportedly did not contribute new capital to the round. The funding marks a significant milestone…
Renewed tariff tensions and looming ETF deadlines weigh on sentiment, but XRP’s structure remains intact XRP managed to stabilize near $2.35 after an early dip in the session, recovering modestly as traders assessed global risk sentiment and upcoming SEC deadlines related to spot XRP ETF applications. The cryptocurrency’s resilience came amid renewed U.S.–China tariff concerns, which rippled across both traditional and digital asset markets. According to market data, XRP declined nearly 4% intraday before regaining ground above the $2.30 support zone, an area that has historically acted as a key accumulation range. Analysts noted that XRP’s ability to defend this…
Feist Transitions to Stripe’s Tempo Project Dankrad Feist, a veteran researcher at the Ethereum Foundation, has joined Tempo — a Layer-1 blockchain built by Stripe in collaboration with Paradigm, designed to power payments and stablecoin transactions. Feist announced the move on Friday, noting that he will remain a research adviser to the Ethereum Foundation, contributing to network scaling, user experience (UX) improvements, and the continued development of “blobs” — a feature that helps free up blockspace by temporarily storing transaction data off-chain. “Tempo’s open-source technology can easily integrate back into Ethereum, benefiting the entire ecosystem,” Feist said. “Ethereum and Tempo…
Whale liquidations and macro jitters spark volatility, but technical levels hold firm near $0.18 Dogecoin (DOGE) stabilized near $0.187 after a volatile trading session that saw prices swing over 7%, following reports of large-scale whale liquidations totaling more than $74 million. The selloff, triggered by broader tariff-related macro concerns, tested the resilience of DOGE’s current support levels and investor sentiment heading into the final quarter of 2025. According to market data, DOGE briefly fell toward the $0.18 demand zone, a level that has historically acted as a strong base during previous corrections. The token quickly rebounded intraday, reflecting buyer accumulation…
OpenSea Clarifies Its Mission: Not Leaving NFTs, Just Growing Beyond OpenSea CEO Devin Finzer has dismissed speculation that the company is pivoting away from non-fungible tokens (NFTs). Instead, he said OpenSea is “evolving into a universal onchain trading hub” that will support all digital and physical assets recorded on blockchain networks. In a post on X (formerly Twitter), Finzer revealed that OpenSea’s October trading volume exceeded $2.6 billion, with over 90% driven by token trading — signaling a major expansion beyond NFTs. From NFT Pioneer to Onchain Economy Leader Founded in 2017, OpenSea pioneered the NFT marketplace, enabling users to…