Daily News 19

Author: admin

  • The Avalanche “problems”: Developers love them and users rely on them

    The Avalanche “problems”: Developers love them and users rely on them



    • With ironic self-criticism, Avalanche identifies decentralization, accessibility, versatility and acceptance as its “main problems”.
    • Its modular subnet framework offers horizontal scaling through multiple Layer-1 units operating in parallel.

    The Avalanche (AVAX) community is having fun after the development team gave a tongue-in-cheek X-Thread published, which begins with the words: “Avalanche has a massive problem.” The old adage follows: “If you are everything, you are nothing,” before referring to it and calling it “Problem 1”:

    “Avalanche can do anything.”

    This is due to its architecture. The network is based on three core chains that work smoothly together: the X-Chain, which handles the creation and transfer of assets; the C-Chain, an EVM-compatible smart contract chain that supports Solidity, tokens, dApps and NFTs; and the P-Chain, which coordinates validators, manages staking, and coordinates Avalanche’s subnet system.

    Decentralization, subnets and validators

    The team further pointed to “Problem” #2, “Avalanche is overly decentralized,” and “Problem” #3, “Launching an L1 is too easy,” noting that creating a Layer 1 blockchain can typically take several years and millions of dollars, making it an uncertain adventure, while Avalanche allows developers to launch their own L1s quickly and effectively.

    Avalanche allows the creation of subnets. These are blockchains that can be customized almost at will based on fees, setting up custom governance, and fine-tuning compliance rules without worrying about security or slow transaction speed.

    The network is supported by a large, global group of validators. Avascan reports that Avalanche has more than 340 blockchains and more than 800 validators, with approximately 211 million AVAX tokens in stake. No special hardware is required to operate a node, helping to avoid centralization and keeping the network strong.

    The background of this Avalanche design with multiple chains, subnets, scalability, decentralization and customizability is to support real-world applications: DeFi platforms, gaming, and asset tokenization.

    Self-deprecatingly, the team comes to “problem” number 4: “Companies use Avalanche” and cites as an example FIS Global, a financial technology provider that partnered with Intain to run the “Digital Liquidity Gateway” marketplace on Avalanche.

    It was recently announced that Japan’s three largest banking groups, Mitsubishi UFJ, Sumitomo Mitsui and Mizuho, ​​which together serve over 300,000 corporate customers, will issue stablecoins on Avalanche pegged to the Japanese yen and the dollar.

  • Charles Schwab Corporation Confirms Bitcoin and Ethereum Spot Trading Scheduled for 2026

    Charles Schwab Corporation Confirms Bitcoin and Ethereum Spot Trading Scheduled for 2026



    • Charles Schwab Corporation will begin its own Bitcoin and Ethereum spot trading in 2026.
    • Schwab CEO Rick Wurster speaks of future crypto acquisitions, while a rather negative mood increases the pressure on the stock exchanges.

    The confirmation came directly from CEO Rick Wurster during his appearance at the Reuters Next conference in New York. The introduction will take place gradually. Schwab will initially test the product internally with employees.

    They then want to offer limited access to selected customers. Wider access will come in later phases, although no date for general access has been announced yet. Wurster emphasized that the company will roll out gradually to maintain quality assurance throughout the process.

    Schwab is also currently examining possible takeovers. Wurster noted that the company would consider purchasing a crypto company if the opportunity and price are right. He didn’t name specific goals, but emphasized that strategic deals could add capabilities that are attractive to customers and increase value.

    Schwab’s zero trades raise concerns about pricing

    Concerns have arisen over Bitcoin spot trading pricing. Eric Balchunas, an ETF analyst at Bloomberg, called fees a critical factor and noted that Schwab already offers free stock and ETF trades. He noted that prices below 50 basis points could put pressure on existing crypto exchanges and distort competition.

    In November, Schwab acquired the private equity platform Forge Global for $660 million. Rick Wurster justified the takeover with increasing customer demand for pre-IPO access. The acquisition is expected to open trading opportunities outside of public markets, provide clients with access to previously limited investment opportunities and help them expand their portfolios.

    Wurster described the end of the year as stronger in terms of trading activity. Schwab’s average daily trading volume in the fourth quarter exceeded that of the first months of 2025. Customer balances exceeded internal forecasts, supported by market developments.

    Additionally, Africa Bitcoin Corporation went public in Germany to attract global investors and raise capital outside of its home market. The company aims to showcase its digital assets activities, which include mining, custody and payments, and highlight ongoing structural projects in African markets to generate broader interest in Bitcoin-related projects in key regions.

  • John Torode in remedy as he opens about life since ‘brutal’ MasterChef racism sacking



    Former MasterChef presenter John Torode revealed he was in remedy after his sacking from the BBC cooking present.

    It had solely been just a few days since his former co-presenter Gregg Wallace had been sacked from the present following a prolonged investigation that it was confirmed Torode could be following him out of the door.

    The Australian chef was sacked after an allegation of racist language was upheld towards him, although Torode mentioned he had ‘no recollection’ of it and acknowledged: “I don’t imagine that it occurred.”

    Torode had mentioned that after the investigation into Wallace there had been different people on MasterChef with allegations upheld towards them and he confirmed he was certainly one of them ‘for the sake of transparency’.

    “The allegation is that I did so someday in 2018 or 2019, in a social state of affairs, and that the particular person I used to be talking with didn’t imagine that it was supposed in a malicious means and that I apologised instantly afterwards,” the chef mentioned on the time, and now he has defined that he is been in remedy since his sacking.

    John Torode was sacked from MasterChef earlier this 12 months after an allegation of racism, which he denied, was upheld (Dave J Hogan/Getty Photos)

    According to The Solar, Torode wrote in a e-newsletter that going to remedy was serving to him deal with the ‘surprising and brutal life change’ of being fired from MasterChef.

    He mentioned: “Remedy over the previous few months has entitled me to now not ‘be courageous’ however as a substitute be actual.

    “Concern is the intuition that retains us alive, however ought to grief and worry meet one another I ponder how a lot harm it might probably do once we resolve to close it away, shut it down and never let it circulation because it ought to.”

    Torode wrote that he had been in a ‘tumultuous bodily, illogical and physiological way of thinking’ however he was discovering it simpler to speak about how he was feeling over the previous few months.

    He mentioned he was not doing this for ‘sympathy looking out’ however within the curiosity of ‘honesty’.

    Torode nonetheless works as a TV chef and presents a present alongside his spouse Lisa Faulkner (Gareth Cattermole/Getty Photos)

    The chef continues to be engaged on TV, because the ITV present he presents along with his spouse Lisa Faulkner stays on the air, and a brand new collection of John and Lisa’s Christmas Kitchen began on the finish of November.

    Following the sacking of each Wallace and Torode the BBC determined to go forward and broadcast the collection of MasterChef which had already been filmed with the presenters.

    They reported that this had been finished ‘for the sake of the cooks who had taken half in it’.

    The BBC additionally aired Movie star MasterChef after consulting the contestants who have been all completely happy for his or her episodes to be proven.

  • Quentin Tarantino drops extra names he ‘does not look after’ after calling out ‘weakest f*****g actor’ in Hollywood



    Quentin Tarantino has known as out extra movie stars he ‘actually cannot stand’ after naming what he believes is the ‘weakest f**king actor’ in Hollywood.

    The 2-time Academy Award winner shocked film followers when he known as out Paul Dano over his appearing in There Will Be Blood.

    Throughout an look on The Bret Easton Ellis Podcast, he shared his favorite movies of the twentieth century that included the 2017 flick.

    “There Will Be Blood would stand a great probability at being primary or two if it did not have a giant, large flaw in it… and the flaw is Paul Dano,” the 62-year-old mentioned.

    “Clearly, it is speculated to be a two-hander, but it surely’s additionally drastically apparent that it is not a two-hander. [Dano] is weak sauce, man. He’s the weak sister.

    “Austin Butler would have been fantastic in that position. [Dano] is simply such a weak, weak, uninteresting man.”

    Quentin Tarantino known as out Paul Dano over his appearing in There Will Be (Paramount)

    The Pulp Fiction director then took purpose at Owen Wilson, the star from one other certainly one of his favorite movies, Midnight in Paris.

    “Oddly sufficient, I actually cannot stand Owen Wilson. I imply, I am unable to stand him,” Tarantino mentioned.

    “And I spent the primary time watching the film loving it and hating him.

    Tarantino does not appear to love Owen Wilson (Amanda Edwards/Getty Pictures for SAG-AFTRA Basis)

    “The second time I watched the film, I used to be like, ‘Okay, do not be such a p**ck’.

    “He isn’t so dangerous. He isn’t so dangerous. After which the third time I watched it, I discovered myself watching him.”

    “I do not look after [Dano]. I do not look after Owen Wilson,” he added. “I do not look after Matthew Lillard.”

    Tarantino is not a fan of the Scary Film actor both (Savion Washington/Getty Pictures for Common Photos and Blumhouse)

    Whereas some have provide you with a weird ‘foot fetish’-related concept as to why Tarantino is not a fan of Dano, his co-star Dillon Freasier has defended him.

    Freasier, who performed the kid model of H.W. Plainview within the 2008 movie, told TMZ: “The movie is ideal. It is a murals. And it is that manner as a result of everybody was completely solid.”

    Tarantino known as out a variety of movie stars (Frazer Harrison/Getty Pictures for Epic Video games)

    In the meantime, Tarantino famous that he nonetheless ‘chokes up’ when he talks in regards to the influence Toy Story 3 had on him.

    Calling it an ‘nearly excellent film’, he mentioned: “That final 5 minutes ripped my f**king coronary heart out, and if I even attempt to describe the tip, I am going to begin crying and get choked up,’ he shared, including, ‘It is simply outstanding.”

    Quentin Tarantino’s prime 10 movies of the twenty first century

    1. Black Hawk Down (2001) – Ridley Scott

    2. Toy Story 3 (2010) – Lee Unkrich

    3. Misplaced in Translation (2003) – Sofia Coppola

    4. Dunkirk (2017) – Christopher Nolan

    5. There Will Be Blood (2007) – Paul Thomas Anderson

    6. Zodiac (2007) – David Fincher

    7. Unstoppable (2010) – Tony Scott

    8. Mad Max: Fury Highway (2015) – George Miller

    9. Shaun of the Lifeless (2004) – Edgar Wright

    10. Midnight in Paris (2011) – Woody Allen

    LADbible Group has contacted representatives of Quentin Tarantino, Paul Dano, Owen Wilson and Matthew Lillard for remark.

  • Ethereum Fusaka upgrade is implemented and increases performance

    Ethereum Fusaka upgrade is implemented and increases performance



    • Since the Fusaka upgrade, L1 performance, blob capacity, and rollup efficiency have increased significantly.
    • Increased buying activity caused network activity to rise, and the Ethereum price followed suit with an increase.

    Ethereum has completed the Fusaka upgrade on mainnet, completing an important step in its L1 rollup roadmap. The release strengthens base layer throughput, increases blob capacity, reduces rollup costs, and introduces the only fork switch blob parameter to scale data capacity in controlled phases.

    Fusaka update brought PeerDAS as a new scaling layer

    PeerDAS allows Ethereum to achieve block consensus without requiring a node to process more than a trivial amount of data. PeerDAS, as introduced by Vitalik Buterin, is a pragmatic sharding tool that has been anticipated for quite some time.

    The design improves data availability, evidence, and resilience to oppositional environments, paving the way for future L2 expansion.

    L1 scalability has been limited by advances in ZK-EVM development. The proposer-builder bottleneck remains as builders are forced to process full data sizes. A sharded mempool is also still pending.

    Still, Fusaka is a structural leap for Ethereum’s design, and developers are discussing how over the next two years to expand PeerDAS’s scope, improve stability, and expand its presence on both L2 and L1 when it comes to gas.

    ethPandaOps has verified that the upgrade was performed cleanly, and team members continue to monitor network activity as data arrives post-fork. Operators have already been asked to report any discrepancies in order to review them as quickly as possible in all customer implementations.

    ETH technical setup suggests $4,300 target

    The Ethereum price rose after the upgrade. ETH rose from 3.037 $ on 3.236 $which represents an increase of approx. 5 % corresponds, and was subsequently added to 3.187,59 $ traded. The accumulation of medium-sized wallets containing 1,000-10,000 ETH continued to gain momentum.

    This trend was identified by Santiment as a key price driver in 2025 designated. Network activity has also increased, to a record 190,000 new wallets in a single day.

    Image

    The technical momentum continued to increase, as a market analyst Sykodelic observedthat ETH experiences a recovery every time the 1-day RSI returns from overbought territory to oversold territory and breaks out of its downtrend.

    In the last five years this has regularly led to an increase of at least 45 %what ETH is heading towards again 4.300 $ would bring.

    Image

    German authorities shut down illegal crypto mixer

    As Ethereum advances on its technical roadmap, law enforcement agencies from Switzerland and Germany have, in a joint operation, shut down a criminal-run crypto mixer and taken control of the domain, three servers, €25 million worth of Bitcoin and 12 terabytes of data. This increases regulatory pressure on the entire crypto system at a time when the Ethereum infrastructure is entering a new phase of scaling.

  • Lady slammed for ‘unhappy’ act in swimming pool leaving folks disturbed



    It is truthful to say that almost all of persons are glued to their devices – however most people draw the road at browsing the net whereas they’re submerged in water.

    However apparently, this girl merely could not resist sneaking a scroll in throughout her afternoon swim.

    Footage of the thriller feminine expertly enjoying on her telephone, whereas one way or the other staying afloat, has been doing the rounds on-line over the previous few days.

    And though some folks had been left fairly impressed by her multi-tasking abilities, a number of social media customers have described her pool antics as ‘dystopian’.

    Within the quick clip, a number of swimmers could be seen taking a dip on the well-liked ‘Bondi Icebergs’ pool in Sydney, Australia.

    The thriller swimmer was seen scrolling within the pool within the viral video (Instagram/@browncardigan)

    It is a fairly unique venue which requires newbies to finish an induction course of earlier than they’re accepted as a member, so it isn’t precisely an area lido the place visitors are enjoying Marco Polo.

    In actual fact, the general public within the water seemed to be taking their swimming extraordinarily significantly within the video… besides the alleged telephone addict.

    Whereas swimming backwards in one of many lanes, the lady – who’s kitted out in a swimming cap and goggles – could be seen clutching her gadget in her proper hand.

    She then thrusts one in every of her arms out of the water and holds her telephone in entrance of her, in an obvious bid to seize a snap of her swimming.

    The viral video was shared on-line by the meme web page ‘Brown Cardigan’, who sarcastically captioned the submit: “Good to see folks simply being within the second, maximising their display time, by no means not being on-line and oversharing each doable minute of their lives.”

    The footage has sparked fairly the controversy on social media (Instagram/@browncardigan)

    As you possibly can think about, the lady’s pool behaviour prompted lots of debate within the remark part.

    The overwhelming majority of individuals appeared to see that the clip as a sorry reflection of our present society and the world’s reliance on expertise, as one mentioned: “There’s no getting back from the place we’re as a species.”

    One other added: “This can be essentially the most dystopian factor I’ve ever seen,” whereas a 3rd merely wrote: “Doomed.”

    A fourth chimed in saying: “The world has gone loopy.”

    And a fifth commented: “Put the telephone down and stay in the true world. Cease current solely on-line!!”

    Nonetheless, others leapt to the lady’s defence and identified that she could have had a legitimate motive for utilizing her telephone within the pool.

    One requested: “Is it doable that she was simply creating some form of video or exhibiting the right way to do one thing or just simply creating content material for followers that has to do with swimming?”

    One other supporter mentioned: “What is the subject? She’s having fun with herself and is not bothering anybody.”

    And a 3rd queried: “What’s worse, her doing this or filming her doing this and posting it on-line?”

    Touché.

  • Cardano boss Hoskinson recommends a serious strategy for small investors – without claiming 100-fold profits

    Cardano boss Hoskinson recommends a serious strategy for small investors – without claiming 100-fold profits



    • Charles Hoskinson criticizes lurid 100-fold profit promises and has a serious alternative for small investors.
    • He emphasizes that real opportunities for profit lie in the development of useful applications for everyday use.

    Earlier this week, Cardano (ADA) founder Charles Hoskinson transferred one Live-Stream titled “Hang in There.” In it he discussed some of the upheavals that have characterized the crypto market in recent years.

    He began with the remark:

    “We lost retail in 2021… Do you know what happened? The industry started selling images of bananas as NFTs for $1.5 million. People were selling tweets, not even the actual tweets, just NFTs representing tweets, for hundreds of thousands of dollars.”

    He emphasized that many retail investors have not yet recovered from disasters such as the Terra Luna crash, in which around $60 billion in market value was lost and companies with too little equity such as Three Arrows Capital, Celsius and Voyager went bankrupt.

    Hoskinson also mentioned the collapse of FTX in 2022, in which the centralized exchange and its founder, Sam Bankman-Fried, embezzled $8 billion.

    Hoskinson’s alternative for retail

    Cardano inventor Hoskinson is convinced that the crypto industry will only regain retail acceptance if it offers customers useful products. He argues that such a product must offer economic agency, personal identity, self-custody and sound money. These are the elements that enable individuals to control their financial affairs.

    He called for building a community of retail customers who are able to control their privacy and enjoy the freedom to choose who they interact with.

    Cardano has put these ideas into practice and is working to build infrastructure across industries while supporting and growing its community. The Cardano Summit took place in Berlin on November 12th and 13th, attended by over 1,000 executives and more than 75 speakers from the industry. The next summit is scheduled to take place in Singapore on October 26.

    As CNF reported, Cardano’s Midnight Mainnet, its privacy-first network, is expected to launch in 2026 – although the NIGHT token is scheduled to be issued as early as December 8th. Most exchanges want to list NIGHT from day one, for which 4.5 billion tokens are earmarked.

    ADA is currently at 0,4467 $ traded, representing an increase of 3,57 % last week, despite sales falling 22% to $758 million.

  • Cardano boss Hoskinson has a serious strategy for small investors – without 100x profit promises ROI claims

    Cardano boss Hoskinson has a serious strategy for small investors – without 100x profit promises ROI claims



    • Charles Hoskinson criticizes lurid 100-fold profit promises and has a serious alternative for small investors.
    • He emphasizes that real opportunities for profit lie in the development of useful applications for everyday use.

    Earlier this week, Cardano (ADA) founder Charles Hoskinson transferred one Live-Stream titled “Hang in There.” In it he discussed some of the upheavals that have characterized the crypto market in recent years.

    He began with the remark:

    “We lost retail in 2021… Do you know what happened? The industry started selling images of bananas as NFTs for $1.5 million. People were selling tweets, not even the actual tweets, just NFTs representing tweets, for hundreds of thousands of dollars.”

    He emphasized that many retail investors have not yet recovered from disasters such as the Terra Luna crash, in which around $60 billion in market value was lost and companies with too little equity such as Three Arrows Capital, Celsius and Voyager went bankrupt.

    Hoskinson also mentioned the collapse of FTX in 2022, in which the centralized exchange and its founder, Sam Bankman-Fried, embezzled $8 billion.

    Hoskinson’s retail alternative

    Cardano inventor Hoskinson is convinced that the crypto industry will only regain retail acceptance if it offers customers useful products. He argues that such a product must offer economic agency, personal identity, self-custody and sound money. These are the elements that enable individuals to control their financial affairs.

    He called for building a community of retail customers who are able to control their privacy and enjoy the freedom to choose who they interact with.

    Cardano has put these ideas into practice and is working to build infrastructure across industries while supporting and growing its community. The Cardano Summit took place in Berlin on November 12th and 13th, attended by over 1,000 executives and more than 75 speakers from the industry. The next summit is scheduled to take place in Singapore on October 26.

    As CNF reported, Cardano’s Midnight Mainnet, its privacy-first network, is expected to launch in 2026 – although the NIGHT token is scheduled to be issued as early as December 8th. Most exchanges want to list NIGHT from day one, for which 4.5 billion tokens are earmarked.

    ADA is currently at 0,4467 $ traded, representing an increase of 3,57 % in the past week means even though sales are up 22 % on 758 Mio $ has fallen.

  • EU success against cyber mob: Europol coordinates devastating strike against €700 million money laundering ring

    EU success against cyber mob: Europol coordinates devastating strike against €700 million money laundering ring


    • An EU-wide operation dismantled an extensive network of cybercriminals that had laundered over 700 million euros.
    • The operation was the culmination of years of investigations into a criminal organization that operated across Europe and Israel war.

    What began as an investigation into a single fraudulent crypto platform gradually evolved into a complex, wide-ranging investigative operation that uncovered a vast network of fraud and money laundering.

    The actions, carried out in a coordinated manner in several countries last month and earlier this week, are the result of years of investigations and mark the culmination of the effective dismantling of a criminal organization that operated across Europe and beyond.

    Coordinated action in several states

    On October 27, 2025, the first phase of the operation was carried out, with coordinated police raids in Cyprus, Germany and Spain at the request of the French and Belgian authorities. These initial actions led to the arrest of nine people suspected of laundering illegal funds from fraudulent crypto platforms.

    The authorities confiscated assets worth millions of euros, including

    • 800,000 euros in bank accounts
    • 415,000 euros in cryptocurrencies
    • 300,000 Euros in bars
    • Computers, smartphones and other digital devices
    • Luxury watches

    The operation was carried out in close cooperation with the national authorities of France, Belgium, Germany, Spain, Malta, Cyprus and other countries. Europol and Eurojust supported this first phase of the investigation.

    Second phase aimed at affiliate marketing infrastructure

    The second phase, targeting another key pillar of the investment fraud ecosystem, took place on November 25th and 26th, 2025. The focus was on the affiliate marketing infrastructure that supports these online scams. Coordinated action has been taken against the companies and suspects behind fraudulent advertising campaigns on social media platforms. In recent years, misleading advertisements impersonating high-profile media outlets, celebrities and politicians – often using deepfake videos – have posed a significant challenge worldwide. The data of potential investors obtained through manipulated advertising even on reputable platforms is crucial to the functioning of the crypto scam industry as a whole.

    During the days of action, law enforcement authorities in Belgium, Bulgaria, Germany and Israel carried out searches and additional operational measures with the support of Europol. Targets included companies that had previously offered affiliate marketing services.

    Dismantle criminal infrastructure

    The joint actions taken in October and November were a coordinated strike against multiple pillars of the crypto mafia.

    The scale of this criminal operation was enormous. The investigation revealed that more than €700 million was laundered through a labyrinth of crypto exchanges, exploiting digital anonymity to conceal illicit flows of funds. Following the two coordinated actions and numerous arrests and seizures, investigative authorities will continue to pursue the criminal organization’s assets in the countries where it operates.

    Coordination by Europol

    Europol played a central role in the cross-border coordination of the operation, providing both operational and analytical support to ensure its success.

    Europol’s contributions included

    • Operational meetings with law enforcement agencies from all participating countries to coordinate operational strategy and intelligence gathering.
    • Logistical support for the action days, help with operational arrangements and resources.
    • Using specialized experts and analysts to review data, generate insights, and ensure key insights are shared between partners.
    • Deploying a cryptocurrency specialist to support efforts to identify and seize illegal cryptocurrencies.
    • Operational and cryptanalytic intelligence products that provided key insights into the movement of illicit funds and the structure of the fraud network.

    Authorities involved

    • Belgium: Federal Criminal Police Limburg (Police Judiciaire Fédérale Limburg)
    • Bulgaria: Bulgarian Cybercrime Directorate, General Directorate for Combating Organized Crime
    • Cyprus: Cyprus Police
    • France: National Gendarmerie (Gendarmerie Nationale)
    • Germany: Bavarian Central Office for Combating Cybercrime, Chemnitz Police Department, Görlitz Police Department, Würzburg Criminal Police Department, Düsseldorf Police Department and others
    • Israel: National Cybercrime Division, Intelligence Service
    • Malta: Maltese Police
    • Spain: National Police, Spanish Regional Police of Catalonia (Mossos d’Esquadra)
  • Ripple Christmas campaign for investor protection

    Ripple Christmas campaign for investor protection



    • Ripple announced “Scamberry Pie,” an awareness campaign designed to encourage families to learn about online crime targeting crypto customers.
    • CEO Garlinghouse highlighted the increasing adoption of Ripple stablecoin RLUSD, whose market cap has now exceeded $1 billion.

    Ripple CEO Brad Garlinghouse has unveiled an anti-fraud initiative that warns XRP holders about online scams targeting XRP and other crypto users. In one X-Post Garlinghouse introduced “Scamberry Pie,” a public awareness campaign designed to encourage families to talk about suspicious digital activity.

    In dem Post is it[called:

    “Scamberry Pie is helping to change that by making the topic of fraud prevention more accessible at the holiday table.”

    Ripple is partnering with Match Group, Cash App, the National Cryptocurrency Association and Coinbase to spread the word. The aim of the collaboration is to warn investors about phishing sites, fake investment offers and other scams, which often increase during the holidays.

    Garlinghouse praised the Ripple security team for their work in 2025. He also highlighted the team’s success in shutting down websites that promote fake websites and misleading “live” videos to defraud investors.

    Garlinghouse added that the effort to protect customers is a collaborative effort, with the company, its partners and the community reporting and removing fraudulent content.

    Europol shuts down criminal crypto tumblers

    Meanwhile, in Europe, Swiss and German police, together with Europol, conducted an operation to dismantle the criminal gang that operated “Cryptomixer,” a hybrid crypto tumbler accessible on both the legal clear web and the dark web that was used by cybercriminals to launder their illegal Bitcoins. Such crypto mixers prevent the traceability of the ownership of tokens on a blockchain.

    As CNF reported, the raid, carried out from November 24th to 28th, resulted in the seizure of three servers, the domain cryptomixer.io, more than 25 million euros in BTC and over 12 terabytes of data.

    Influence of RLUSD ahead of Binance Blockchain Week

    During Binance’s Blockchain Week, a two-day event held December 3-4 in Dubai, United Arab Emirates, Ripple’s CEO shared his insights on stablecoins. According to Garlinghouse, the RLUSD bridges traditional financial markets and fast-growing blockchain technology, increasing efficiency in global settlements and digital transfers.

    People are starting to realize that stablecoins are really stable and much easier to manage and move, especially in this region, explained Garlinghouse.

    Ripple’s stablecoin, launched in December 2024, continues to gain momentum and has reached a market value of $1.027 billion – CNF reported.