The post Cardano Founder Makes Surprise DeFi Move, Targeting the XRP Community appeared on BitcoinEthereumNews.com. Cardano founder Charles Hoskinson surprised The post Cardano Founder Makes Surprise DeFi Move, Targeting the XRP Community appeared on BitcoinEthereumNews.com. Cardano founder Charles Hoskinson surprised

Cardano Founder Makes Surprise DeFi Move, Targeting the XRP Community

2025/12/15 03:32

Cardano founder Charles Hoskinson surprised the crypto world by suddenly posing a question to the XRP community: If an XRP-focused DeFi summit were to be held at the University of Edinburgh, which projects should be invited?

This post was not well received, given the long-standing tumultuous relationship between Hoskinson and XRP holders. Just a year ago, he publicly clashed with some members of the XRP community, accusing others of misinterpreting his words and denying claims that those within Ethereum were influencing the SEC against Ripple. These disagreements have left scars on both sides, so this move seems more deliberate than accidental.

But this time the tone was different. Hoskinson skipped the explanations and went straight to the developers. The responses quickly filled with XRPL infrastructure projects, DeFi tools, and interoperability solutions; demonstrating that at least a part of the XRP ecosystem is open to interaction, as long as the door remains open.

It’s unclear whether this move is part of a larger strategic shift or merely an academic project. However, the timing is interesting.

Solana + XRP

Solana also confirmed the integration of XRP, meaning that Wrapped XRP is now active and supported at a 1:1 ratio on Solana. This means that XRP is now seen as an active DeFi asset outside of its native ledger. This change makes Ethereum less dominant in the cross-chain DeFi world.

Considering all these signs, it’s hard to ignore them. Cardano is scouting XRP developers, Solana is incorporating XRP liquidity, and Ethereum’s monopolistic dominance over DeFi is loosening. Things that seemed impossible a few years ago are now being tested, and the boundaries between ecosystems are beginning to blur.

This is not investment advice.

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Source: https://en.bitcoinsistemi.com/cardano-founder-makes-surprise-defi-move-targeting-the-xrp-community/

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U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

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The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
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BitcoinEthereumNews2025/09/18 09:14