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Cryptocurrency news may 2 2025
SA Paniwozik has seen a huge spike in reports of employment scams involving cryptocurrency. Reported losses in Maryland went from $32,033 in 2023 to $3.8 million between January and October of this year https://how2cryptos.com/category/business/.
From Bitcoin and Ethereum to an ever-growing list of altcoins, cryptocurrencies have taken a new generation of investors around the world by storm. Fast-moving and volatile, this industry keeps participants, observers, and regulators on their toes. As mainstream companies explore cryptocurrencies and blockchain technologies for new markets — or even to build them within virtual worlds — the crypto space is in a rapid state of evolution.
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“Let’s say it’s a certain exchange that paid into this wallet, we can then serve legal processes to say, hey, can you give us a list of all user accounts that paid into this address and possibly contact those victims live and say, hey, you’re currently being the victim of one of these scams,” SA Paniwozik detailed.
Xrp cryptocurrency news
XRP produces its own wallet software that is available for download on its website, which allows you to store XRP on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
Japanese financial services firm SBI Holdings has filed applications to launch two new crypto-linked ETFs in Japan. The company disclosed the move in its Q2 2025 earnings presentation, outlining plans…
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
XRP produces its own wallet software that is available for download on its website, which allows you to store XRP on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
Japanese financial services firm SBI Holdings has filed applications to launch two new crypto-linked ETFs in Japan. The company disclosed the move in its Q2 2025 earnings presentation, outlining plans…
Cryptocurrency market news today
Solana’s blockchain has exploded in popularity for fast and cheap trades. Meme coins are a big part of that rise. The SOL token is trading at around $167, up 3.36%, and saw $4.74 billion in trading volume in just 24 hours.
Altcoins have taken an even harder hit. Solana (SOL) is down by nearly 4.8%, now priced at $171, while Cardano (ADA) and Dogecoin (DOGE) fell by 4.89% and 5.87% respectively. XRP also saw a drop of around 3.7%. The current sideways action across many tokens has pushed the Altcoin Season Index down to 37 out of 100, meaning that Bitcoin continues to dominate market attention.
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Adding to the pressure, total liquidations across the crypto market reached nearly $631.98 million. When global economic signals turn bearish, capital tends to move out of riskier assets like altcoins first. With crypto no longer operating in a vacuum, market sentiment is being shaped by the same global forces that drive equities and commodities.