Alex Dovbnya

Russia

News Reporter at U.Today

cryptocurrency expert, trader and journalist @Utoday_en - all views are my own

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Articles

Ripple's Donations Top $200 Million

3 days ago | u.today | Alex Dovbnya

According to a recent report by Ripple, the company's donations have now topped $200 million since 2018. The donations have helped to accelerate financial inclusion via various pilots with GOS and different startups. Ripple says that it has supported blockchain and crypto research at more than 60 universities across the globe. The company has funded a total of 183 scholarships and fellowships.
Musk Might Buy More Bitcoin After Congress Rant, XRP Advocate Says

4 days ago | u.today | Alex Dovbnya

John Deaton, a prominent XRP advocate, has opined that Tesla, which is helmed by centibillionaire Elon Musk, could potentially buy more Bitcoin following the likely passage of the controversial domestic policy bill pushed by the Republicans. Inflation might get worse The bill, which includes massive tax cuts for the wealthy and businesses, is expected to add $3.8 trillion to the U.S. national debt within a decade.
Breaking: Ripple CEO Denies Circle Acquisition Rumors

4 days ago | u.today | Alex Dovbnya

Earlier this Tuesday, Ripple CEO Brad Garlinghouse clarified that the enterprise blockchain company was never pursuing the acquisition of USDC issuer Circle. The statement, which was made at a Las Vegas event, comes after weeks of speculation about Circle's future. In late April, Bloomberg reported that the crypto-focused fintech firm rejected a $5 billion offer from Ripple since it was considered to be too low.
Ethereum's Buterin Recognizes Key Bitcoin Advantage

4 days ago | u.today | Alex Dovbnya

Canadian programmer Vitalik Buterin has recognized Bitcoin’s advantage over Ethereum in such aspects as censorship resistance and decentralization. Buterin believes that this is the case due to less code complexity, lower rate of protocol change, higher full node count, and less dependence on RPCs (remote procedure calls). Bitcoin’s protocol is simpler, which makes it easier it easier to audit and harder to introduce bugs.
Most 'Insane' Bitcoin ETF Stat Shared by Top Analyst

4 days ago | u.today | Alex Dovbnya

According to Eric Balchunas, senior ETF analyst at Bloomberg, the iShares Bitcoin Trust ETF (IBIT) is now among the top 25 ETFs by total assets. IBIT has managed to achieve this milestone despite the fact that the ETF was launched only 1.4 years ago. In fact, Balchunas has estimated that IBIT is the youngest ETF on the list by nine times. "It's like an infant hanging out with teenagers and twenty-somethings," Balchunas said.
Coinbase Faces Fresh Heat Over Data Breach

4 days ago | u.today | Alex Dovbnya

Major US cryptocurrency exchange Coinbase is facing more criticism stemming from a recent hack incident after it turned out that it had outsourced customer support to TaskUs, a third-party contractor in India. Adam Cochran of Cinneamhain Ventures has criticized the company for using contractors instead of their direct employees. On Monday, Reuters reported that a TaskUS employee was caught taking photos of her computer in order to potentially sell Coinbase's customer data.
Breaking: Ripple USD (RLUSD) Gets Key Approval in Dubai

4 days ago | u.today | Alex Dovbnya

Enterprise blockchain company Ripple has announced that its RLUSD stablecoin has been approved by the Dubai Financial Services Authority (DFSA). This means that the token can now be legally used within the Dubai International Financial Centre (DIFC), which is a special economic zone in the megacity that was established back in 2004. There are now more than 7,000 companies operating within the DIFC.
Bitcoin ETFs: SEC Commissioner Says Agency to Consider In-Kind Redemptions

4 days ago | u.today | Alex Dovbnya

Pro-crypto SEC Commissioner Hester Peirce has stated that the agency would consider in-kind redemptions for Bitcoin exchange-traded funds. The SEC initially approved Bitcoin ETFs in early 2024. On the verge of the approval, BlackRock agreed to exclude in-kind redemptions, caving to a key demand from the regulator. If in-kind redemptions are allowed, investors would be able to receive the actual underlying asset instead of cash.
$730M in BTC Withdrawn from Bitfinex. What's Happening?

5 days ago | u.today | Alex Dovbnya

Earlier this Monday, 7,000 Bitcoins (roughly $730 million at current prices) were withdrawn from Bitfinex. Unusual Activity on Bitfinex 🚨7,000 BTC ($730M) was withdrawn in a single transaction!Large moves like this often signal custody changes or institutional action pic.twitter.com/lzxbnlSk3x— Maartunn (@JA_Maartun) June 2, 2025 The transaction represents Bitfinex's investment in Bitcoin treasury firm Twenty One Capital, according to CEO Paolo Ardoino.
BitGo to Facilitate $100 Million XRP Acquisition

5 days ago | u.today | Alex Dovbnya

Popular cryptocurrency infrastructure company BitGo will facilitate a $100 million XRP purchase for NASDAQ-listed sustainable energy company VivoPower, according to a Monday press release. BitGo will act as the company's over-the-counter (OTC) provider. VivoPower will also rely on BitGo for securing its XRP reserves. Last week, VivoPower announced that it had secured $121 million to launch an XRP strategic reserve. It also added SBI Ripple Asia CEO Adam Traidman to its board of directors.