Brazil's B3 stock exchange has launched the world's first spot XRP exchange-traded fund (ETF), marking a pioneering development in cryptocurrency investment products. The ETF, listed under the ticker XRPH11, is managed by Hashdex, a crypto-focused asset management firm, in partnership with Genial Investimentos, which handles administration. The fund tracks the Nasdaq XRP Reference Price Index and allocates at least 95% of its net assets to XRP, providing investors direct exposure to the cryptocurrency. This launch precedes any similar approval in the United States, positioning Brazil at the forefront of XRP ETF offerings globally. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-26 06:35

David Sacks, appointed as the crypto czar under former President Donald Trump, stated that upcoming Federal Reserve rule changes will open banking institutions to cryptocurrencies such as Bitcoin. Sacks emphasized that this regulatory shift is expected to facilitate broader mainstream adoption of crypto assets in the United States. The announcement signals a move towards integrating digital currencies more fully into the traditional banking system, potentially accelerating the acceptance and use of cryptocurrencies nationwide. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-26 01:05

David Sacks, President Donald Trump's designated Crypto Czar, has stated that forthcoming Federal Reserve regulatory changes will open banking services to Bitcoin and other cryptocurrencies. Sacks emphasized that this move is expected to drive broader mainstream adoption of crypto assets in the United States. This development aligns with ongoing discussions about cryptocurrency custody challenges at the Securities and Exchange Commission and broader international trade considerations, including China's contemplation of removing 125% tariffs on U.S. medical devices and semiconductors. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-26 00:35

Pokemon has officially entered the realm of Web3 gaming with the introduction of 'Digital Souvenirs,' which are NFTs integrated with the Sui blockchain. This move confirms earlier rumors about Pokemon's integration with blockchain technology. The new feature in Pokemon HOME allows players to collect Medals as digital collectibles, which are linked to real-world Pokemon locations and events. These Medals can be traded with other players or gifted, enhancing the social aspect of the game. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-26 00:05

Ronin Network has completed the migration of its legacy Ronin Bridge to Chainlink's Cross-Chain Interoperability Protocol (CCIP), transferring over $450 million in total value locked (TVL) across 12 assets. This migration marks CCIP as the canonical cross-chain infrastructure for Ronin, enabling secure bridging of tokens such as ETH, WETH, USDC, AXS, and WBTC, with the latter now available for 1:1 swaps on a new contract. The transition followed a competitive request for proposal (RFP) process and was selected by the Ronin validator community for its industry-leading security features. Chainlink recently introduced an upgrade to CCIP called "Token Developer Attestations," an opt-in security layer allowing asset issuers to verify their cross-chain tokens. Additionally, Chainlink has expanded its services across multiple blockchains, including ApeChain and Gnosis Chain for Data Streams and several testnets for CCIP. This collaboration highlights Chainlink's role as a foundational technology in blockchain infrastructure and cross-chain interoperability. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-25 23:05

Feeling the whiplash? I think everyone in crypto is. Many have experienced a decade’s worth of emotions in the space of five months. What gets us through the uncertainty won’t be yet another tweet of price predictions – it’ll be psychology, and adopting the right mindset. We all need a bit less FUD and a bit more Freud. Did you watch the price action after Trump’s election, convinced we had hit the Golden Age for digital gold? And remember the buzz about a crypto reserve currency — the moment many believed we’d finally “made it”? Has the price action since then left you confused and sometimes dejected, and the tariffs left you wondering whether our values truly align with this administration? If you answered yes to any of the above, or if you read the news looking for hints over whether your worldview is in favor in the West Wing today, you’re not alone. Breathe. Like a movie hero derailed by love, our sector has started craving validation in unfamiliar ways. And after adopting impossibly high expectations from the men and women in suits, many of us have been left reeling. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-25 23:00

Software company Gitcoin announced that it will be winding down its Grants Lab, citing an unclear path towards profitability and a maturing L2 ecosystem. Gitcoin announced the move via a blog post today, and clarified that the shutdown is specific to the Grants Lab and the Grants Stack technology. Other Gitcoin offerings, such as the Human Passport and KERNEL, will remain operational. The company will not be omitting grant work entirely from its structure, but is shutting down the larger-scale operation of Grants Labs. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-25 22:45

Blockchain technology could generate up to 1.5 million jobs globally by 2030, according to a new report from cryptocurrency exchange Bitget. The report , titled “Blockchain vs. AI: Untapped Potential in Talent Attraction and Growth,” highlights the massive employment potential in the blockchain sector, which currently has around 15,000 to 20,000 active job listings worldwide. These opportunities are largely concentrated in North America (40%), followed by the Asia-Pacific region (35%) and Europe (20%). By comparison, the AI sector already supports over 1 million job openings globally. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-25 22:39

PolitiFi tokens jumped across the board on Wednesday, April 23, after President Donald Trump announced plans to host a private dinner for the top 220 holders of his token. The announcement came a week after another 20% of the Official Trump memecoin (TRUMP) supply was unlocked , increasing available supply. While the TRUMP token jumped nearly 60% on the news, many other politically-themed memecoins, known as PolitiFi tokens, showed a similar spike Wednesday afternoon after news of the invitation broke. At press time, multiple PolitiFi assets are still up double digits over the past 24 hours, with even more up over 20% on the week, per CoinGecko data. TRUMP’s market cap jumped from $1.9 billion to $2.9 billion, before falling back to a still substantial increase of $2.7 billion, according to CoinGecko. The price of TRUMP is currently up over 9% on the day and a notable 76% on the week. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

2025-04-25 20:37