Category: Web3

XRP Could Overtake Ethereum in Market Cap, Says Messari Analyst

According to Messari analyst Sam Ruskin, XRP is on its path to flipping Ethereum’s market capitalization. In a post published on X today, the analyst said a couple of factors are most likely going to drive this movement: excitement after elections, a potential XRP ETF filing, and interest in “boomer coins” like XRP.

In that sense, XRP is up 460% since the U.S. election in 2024-a further sign of very strong investor confidence, says Ruskin. He went on to say it might also mean another big bout of buying in XRP, akin to the post-election rally in 2016 before Donald Trump’s inauguration.

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Whispers of a U.S.-based XRP ETF filing and favorable new tax rules for U.S. crypto projects add to market optimism. Ruskin also noted the trend of a resurgence in the legacy cryptocurrencies such as XRP, Hedera (HBAR), and Cardano (ADA) while Ethereum is failing to keep up with declining demand and a fragmented community.

Ethereum’s price remains 30% below its all-time high, with high open interest failing to translate into market growth. In contrast, XRP’s open interest aligns more closely with its price performance, reflecting stronger demand.

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Ruskin predicts XRP’s value could climb by 35-50% in the coming months, potentially bringing its market cap closer to Ethereum’s $415.3 billion from its current $187.4 billion.

Vanguard Agrees to $106M SEC Settlement for Tax Reporting Errors

Vanguard settles with SEC for $106M over failing to inform investors about tax issues from fund class switches.

Vanguard just agreed to pay $106 million to settle charges with the SEC, after they failed to properly inform investors about tax issues with their popular target-date funds. This blunder left hundreds of thousands of regular investors with inflated tax bills, and the settlement includes a $92.9 million restitution and a $13.5 million fine.

Here’s the scoop: back in December 2020, Vanguard made a move to lower the minimum investment for certain lower-cost fund classes, hoping to attract institutional clients. The plan was to bring the minimum investment from $100 million to $5 million, which led to many qualifying investors switching from higher-cost retail funds to these new institutional classes. But the switch created a mess—the retail funds had to sell assets to meet redemptions, which caused capital gains taxes to be transferred to the remaining investors. Vanguard didn’t properly warn about these tax burdens.

The SEC literally said, “Hold up, accurate tax info is crucial for investors, especially those planning for retirement.” Vanguard’s response? They’re cool with the settlement but didn’t admit to any wrongdoing. They’re just focused on keeping things running smoothly for investors moving forward.

Also Read: Wyoming Proposes Bitcoin Strategic Reserve to Lead Financial Innovation

Wyoming Proposes Bitcoin Strategic Reserve to Lead Financial Innovation

Wyoming, a pioneer in cryptocurrency legislation, has taken another step forward. Representative Jacob Wasserburger has filed the “State Funds-Investment in Bitcoin Act” (HB0201), a bill that would let the state invest a portion of its funds in Bitcoin to establish what’s called a Bitcoin Strategic Reserve and finally show some real financial independence and innovation for Wyoming.

Wyoming has always led the way – from women’s suffrage to the frontier of digital assets,” said Wasserburger. He indicated that such a bill would create some long-term advantages for the state while securing its leadership status with respect to Bitcoin legislation.

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Since 2018, Wyoming has implemented more than 20 crypto-friendly laws, including the famous SPDI framework. Wasserburger claims that HB0201 is the next step to actually enact two of the core values of Bitcoin: decentralization and financial resilience.

Other states, such as Texas and Pennsylvania, are considering similar moves, but Wyoming is at the forefront. Wasserburger is also the backer of federal legislation that would create a U.S. Strategic Bitcoin Reserve to help the country’s financial security in the new digital world.

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“Bitcoin represents financial strength and innovation,” Wasserburger said. “Wyoming must act now to stay ahead.

If passed, HB0201 would further cement Wyoming’s leadership in Bitcoin and likely spur other states to similar action, pushing the entire nation forward with respect to digital finance.

Could Bitcoin Education Be El Salvador’s Game-Changing Strategy?

El Salvador’s Bitcoin education, led by Stacy Herbert has fueled in many jobs, tech vibes, and optimism, redefining its future as Bitcoin central.

El Salvador made waves about four years ago when President Nayib Bukele said, “Yep, Bitcoin is now legal tender here,” putting it on equal footing with the country’s currency. Fast forward, the country’s all-in on crypto: a $630M Bitcoin reserve, plans for $1B in Bitcoin bonds, and even Tether shifting its HQ to El Salvador.

The real flex? Their Bitcoin education program. Stacy Herbert, who heads El Salvador’s Bitcoin Office, calls it a game-changer. They’re training up Bitcoin developers, and Herbert’s vibe is clear: “We need Bitcoin engineers, and we’re making them.” From high school classrooms to government offices, Bitcoin’s becoming part of everyday life. Students learn to run Bitcoin nodes, use mining rigs, and snag tech jobs that pay $4,000/month (vs. $600 for regular CS grads).

Even 80,000 government workers completed Bitcoin courses, and next up is AI and robotics classes for kids. El Salvador’s leveling up hard. Companies like Tether and Bitfinex are loving it, hiring local talent.

Despite tweaks to its Bitcoin wallet policy, the government’s still stacking sats—buying 1 Bitcoin daily and preparing for global crypto leadership. Herbert sums it up: “Good times are coming.

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Jio Launches Blockchain-Powered Jiocoin Reward Program

Blockchain-enabled rewards program, Jiocoin, by Reliance Jio, is aimed at building more engagement among its 450 million subscribers by offering new services.

JioCoins are some digital tokens that accrue to the users for performing certain activities on the Jio apps. These are tied to the user’s mobile number. Based on blockchain, Jiocoin promises protection in transactions, assurance of user privacy, and smooth integration within the Jio digital ecosystem.

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Although the beta version of Jiocoin is out with the Jio Browser application, it was never announced by Reliance. Residents of India who have completed 18 years of age can enroll themselves through BBRP or such other related apps.

Earning them involves the completion of tasks or active engagement within Jio apps; further, these tokens get deposited into a Web3 wallet.The better one uses these apps, the greater the reward. Rewards tokens can be claimed for value-added privileges, including discounts on services from Jio and access to its premium content.

Jio partnered with Polygon Labs to leverage the latter’s blockchain in powering it all with security via Web3 and transparency.This blockchain architecture will ensure that the user is in control of his data and can keep the sanctity of personal information private.

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This has been an important milestone in the journey of Reliance Jio into digital transformation, empowering users with core values of privacy, self-sovereign identity, and innovative blockchain tools leading in the Indian tech space.

Swiss Bank PostFinance Launches Ethereum Staking for Passive Income

Swiss state-owned bank PostFinance is further expanding its crypto offerings with the addition of Ethereum staking. The bank announced on its website that its clients can now create passive income with staking starting from 0.1 ETH.

The new service is available via e-finance and through the PostFinance app, but Ethereum is currently the only one available for staking. The bank pointed to its plans to further extend its crypto offer soon but did not disclose any details.

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“Staking allows customers to deposit cryptocurrencies for a set period to support the blockchain’s security and operations. In return, they earn rewards—essentially a way to generate passive income,” the bank explained.

To start earning, customers need to keep their staked ETH locked in for at least 12 weeks.Rewards will be issued on a regular basis, making the product attractive for users who want to grow their crypto.

Dr. Alexander Thoma, an executive at PostFinance, was equally pleased with the service: its ease of use, security, and transparency. Given its user base is 2.7 million—about one-quarter of Switzerland’s population—the move would increase crypto adoption in the country significantly.

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To crypto enthusiasts in Switzerland, this is another step toward mainstream financial integration.

PumpFun Corp Hit with Lawsuit Over Alleged Pump-and-Dump Scandal

PumpFun Corp faces a class-action lawsuit for allegedly running a pump-and-dump scheme. They have basically been accused of misleading investors, and targeting minors.



PumpFun Corp is in serious legal hot water after being hit with a class-action lawsuit. The company is accused of running a pretty common pump-and-dump scheme with its cryptocurrency, Fun Token, leaving investors with massive losses. The lawsuit, filed in New York by the law firm Silver Miller, claims that PumpFun Corp inflated Fun Token’s price, only to crash it shortly after, causing huge financial damage to investors.

The case points fingers at the company’s trading platform, Pump.Fun, which allegedly fostered risky, speculative trading by using gamified designs and overselling the profit potential of crypto. The lawsuit also highlights major flaws in investor protections, like missing KYC (Know Your Customer) checks, no age verification, and lack of clear risk disclosures—plus some shady marketing practices that made everything seem way safer than it really was.

Silver Miller is urging anyone who feels they’ve been scammed by the platform to join the lawsuit. If anything this case really serves as a big warning to crypto traders to do their homework and avoid falling for flashy promises of quick gains. PumpFun is being pushed to answer for its actions, and more updates will follow as the case progresses.

Also Read: Move Over SOL: The Ripple vs Ethereum Battle Heats Up in 2025

Trump Eyes XRP, Solana, and USDC for America’s Crypto Reserves

Donald Trump reportedly is considering adding cryptos like XRP, Solana, and USDC to America’s strategic reserves. Certainly a bold move, which is in line with his team’s chatter of creating a Bitcoin reserve to back up the U.S. economy.

With the inauguration on January 20, the crypto world is abuzz with speculation about what pro-crypto executive orders Trump will issue. According to the New York Post, his team intends to junk anachronistic rules such as the contentious SAB 121 accounting policy and may focus on an “America-first” reserve of U.S.-based cryptos.

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Rumor has it Trump recently hosted Ripple CEO Brad Garlinghouse and other big-name crypto leaders at Mar-a-Lago to hash out these ideas. Some Bitcoin purists, though, are worried that focusing on altcoins like XRP and Solana might sideline BTC. Still, many see this as the start of a “crypto golden age.”

The vibes are strong for 2025, with hopes of resolving the Ripple lawsuit, green-lighting an XRP ETF, and giving U.S. banks the green light to work with crypto firms. Frank Chaparro, a crypto OG, said, “This is huge. Banks have been sitting on the sidelines for years. Now they can finally dive in.”

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To kick things off, Crypto Czar David Sacks is throwing a “Crypto Ball” in D.C. during inauguration weekend. Get ready for a whole new era of crypto hype!

WazirX Hack: Authorities Recover $3M in Frozen Assets

Investigators froze $3M stolen from WazirX’s $230M hack. They blamed it all on North Korean hackers. Recovery efforts continue with blockchain forensics and legal action.



Six months after a massive cyberattack rocked WazirX, investigators have frozen $3 million in stolen cryptocurrency. The attack that went down on July last year, in India made hackers a massive $230 million in digital assets.

This $3M recovery milestone gives a glimmer of hope to victims, signaling progress in the hunt to reclaim their stolen funds. Zettai Pte Ltd, WazirX’s parent company, has teamed up with law enforcement, forensic experts, and legal teams to track down the cash.

In a major twist, a joint statement from the U.S., South Korea, and Japan pinned the attack on North Korean hackers. Yup, DPRK cybercriminals are getting the blame.

WazirX founder Nischal Shetty is fired up, calling this recovery “just the beginning.” The company’s game plan is all about relentless effort to maximize fund recovery.

Jason Kardachi, from restructuring experts Kroll, broke it down: blockchain forensics plus legal actions are key tools to recover more of the stolen loot.

But let’s be real—chasing crypto thieves, especially international ones, is like solving a puzzle with missing pieces. The mission isn’t over, but at least the fight’s on.

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Aurora Labs Unveils Game-Changing No-Code Blockchain Builder

Aurora Labs drops a no-code tool making blockchain creation super easy—launch chains, dApps, or meme coins without tech skills!



Aurora Labs just made blockchain building a breeze with their new Aurora Cloud Console. This no-code platform lets anyone—yes, even you—create and manage EVM blockchains without needing a PhD in coding. It’s live and free to use starting today.

Powered by the NEAR Protocol, the console is all about removing the headaches from blockchain setup. Think of it as the “drag-and-drop” of Web3. Whether you’re building meme coins or the next big dApp, Aurora’s got your back. Just pick your settings—like permissions, tokens, and gas fees—and let the system do its magic.

The platform also offers real-time tracking, so you can see how your transactions are flowing and tweak things as needed. It’s perfect for scaling up your project without the crazy costs or complexity. Bonus: it’s fully connected with Ethereum and NEAR, making data transfers between them seamless.

Alex Shevchenko said, they’ve made launching a blockchain as easy as pie. You can focus on building awesome stuff while we handle the boring bits.”

Bottom line: No code, no stress, just blockchain vibes. Ready to join the Web3 wave?

Also Read: Trump Inauguration Sparks Crypto Volatility Warnings

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