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Ripple launches Ripple Mint and Notabene deal to push RLUSD to 2,300 firms
Edgen Crypto·Jul 24 2026, 07:26Share to
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[1] Ripple Just Made 2 Moves to Push RLUSD Into Institutions (https://beincrypto.com/ripple-mint-notabene-r ...)[2] Ripple Rolls Out New Platform To Expand RLUSD Stablecoin Access For Institutions (https://coingape.com/ripple-rolls-out-new-pla ...)[3] Ripple’s RLUSD gets two boosts as transfer volume drops 25% (https://www.coindesk.com/business/2026/07/24/ ...)[4] Ripple Just Solved RLUSD’s Two Biggest Problems With Ripple Mint and Notabene Deal (https://247wallst.com/investing/cryptocurrenc ...)
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Jul 24 2026, 08:41
Drift exploiter moves $44.4M through Tornado Cash after 3-month pause
The Drift Protocol exploiter deposited 23,095 Ether, worth $44.4 million, into Tornado Cash on July 23, resuming laundering after three months of inactivity. On-chain analytics firm Lookonchain flagged the movement, confirming the wallet cluster tied to the April exploit had reactivated. Security firm PeckShield independently corroborated the transfers. The address, labeled Drift Exploiter 4 on Etherscan, executed dozens of deposits in 100 ETH, 10 ETH and 1 ETH tranches into the Tornado Cash router between 08:20 UTC and 09:06 UTC, according to on-chain records. The same wallet sent 0.85 Ether to addresses flagged as Bybit deposit addresses, a pattern analysts described as test transfers before larger off-ramp attempts. The exploiter still controls 107,165 Ether valued at about $201 million, per Arkham Intelligence data. If the current pace of 100 ETH batches continues, the remaining stash could be washed through the mixer within days, narrowing the recovery window for funds stolen in one of 2026's largest DeFi attacks. Drift Protocol, the largest decentralized perpetual futures exchange on Solana, lost about $285 million on April 1 after attackers exploited compromised multisig signers and a fake token called CarbonVote. Mandiant attributed the breach to UNC6862, a North Korean threat group, according to Drift's investigation update. The attackers emptied key vaults within about 12 minutes. Independent investigator ZachXBT said on X that he did not plan to track the funds further, describing the monitoring of a nine-figure North Korea-linked exploit as "difficult for a team and not feasible for a single person." Drift has said it works with law enforcement, Mandiant and blockchain intelligence firms. The Tornado Cash deposits do not prove the attacker has converted the Ether into usable cash. The deposits remain public on-chain, and investigators may still identify later withdrawals. However, the mixer breaks the direct wallet-to-wallet trail, making the next phase of tracking more resource-intensive. Drift previously announced a recovery bounty program with Arkham and Bybit, though the protocol has not disclosed whether the program became fully active or whether it covers ongoing wallet monitoring. Tether proposed up to $127.5 million in support as part of Drift's user recovery plan. The protocol's total value locked collapsed from about $550 million before the hack to under $250 million within a day, and the DRIFT token remains roughly 98 percent below its all-time high. This article is for informational purposes only and does not constitute investment advice.
Jul 24 2026, 08:14
Injective nears $8 resistance after Coinbase native token integration
**Injective's native token integration on Coinbase has strengthened the project's U.S. accessibility and pushed INJ toward a critical $8 breakout level.** Injective's INJ token rose after Coinbase began supporting native deposits and withdrawals directly through the Injective blockchain, following the completion of the token's migration from Ethereum's ERC-20 standard to the native Injective EVM on July 22. "The Coinbase integration removes a key friction point for U.S. investors looking to access the Injective ecosystem directly," Jason Wu, on-chain analyst at Edgen, said. "Native support means users no longer need bridge-dependent transfers, which historically created liquidity fragmentation." INJ has been forming higher lows since finding support in the $3.50 to $4.50 demand zone, with the token now testing the $7.70 to $8.00 resistance range, according to CoinGecko data. The migration, which Coinbase supported as a 1:1 token conversion, re-enabled deposits on the exchange after a brief suspension during the swap process. A decisive breakout above $8 would invalidate the broader lower-high structure that has defined INJ's correction in recent months and could open the path toward the $10 to $12 range, per technical analysis. On the downside, failure to hold the ascending trendline could send the token back toward $4.50 support, with the broader demand zone near $3.50 as the next line of defense. **Coinbase Integration Expands Injective's Reach** The native INJ support on Coinbase marks a milestone for Injective's growth strategy. As one of the largest regulated cryptocurrency exchanges in the U.S., Coinbase provides exposure to millions of retail and institutional investors. Greater accessibility could translate into stronger ecosystem participation, particularly as decentralized finance activity expands across Layer-1 networks. Injective has steadily expanded its infrastructure across decentralized exchanges, real-world asset initiatives, tokenized finance, and AI-powered applications. The network, built on the Cosmos SDK, offers cross-chain trading capabilities with gas-free transactions, according to the project's documentation. Easier access through Coinbase may encourage additional liquidity and user participation, both of which are important for sustaining long-term growth. **What's at Stake for INJ Holders** The $7.70 to $8.00 zone represents the biggest technical challenge for the current recovery. Previous selling pressure created a significant supply cluster in this region, and buyers will need to absorb that overhead to confirm a trend reversal. If INJ clears that level, the next major target sits in the $10 to $12 range, representing potential upside of more than 50% from current levels. On the fundamental side, the Coinbase integration strengthens one of the market's key investment narratives: blockchain networks that improve accessibility while expanding utility often attract stronger investor attention during broader market recoveries. The token migration to native Injective EVM also aligns with the network's goal of reducing reliance on Ethereum infrastructure and building independent DeFi capabilities. This article is for informational purposes only and does not constitute investment advice.
Jul 24 2026, 08:12
Dogecoin falls to $0.068, lowest since 2023, as support breaks
**Dogecoin's decade-old support trendline faces its sternest test yet after the memecoin broke below $0.07 and touched $0.068, its lowest since 2023.** Dogecoin fell 4.8% to $0.0680 as of 03:45 UTC on July 24, breaching the $0.07 support zone that had held since late 2024 and marking the token's lowest level in more than two years. The decline extended a broader crypto market selloff triggered by escalating US-Iran military conflict, now in its 13th day, which wiped roughly $250 million in market value across digital assets. "The monthly Stochastic RSI has moved into oversold territory, a condition that preceded strong recoveries in 2017 and 2020," Trader Tardigrade, a pseudonymous analyst tracking DOGE's long-term chart patterns, said. The token has bounced from its current rising trendline support in each of the past two major cycles, with each subsequent rally accelerating in magnitude. A whale acquired roughly 200 million DOGE — valued at about $14 million — near the $0.07 level, according to on-chain data, though the purchase has yet to catalyze a broader recovery. Dogecoin has now spent 65 consecutive trading sessions below its 20-day exponential moving average, the longest such streak on record, signaling that retail participation has yet to return to the market, according to investor Jordi Visser. The $0.068 level represents a make-or-break test for Dogecoin's long-term structure. Holding above $0.07 would preserve the possibility of a recovery toward $0.10 and $0.13 resistance levels, while a sustained breakdown below $0.068 could expose the token to further downside toward the $0.058-$0.060 range. A confirmed breakout above the descending trendline originating from DOGE's all-time high could propel the token toward $0.36, though that scenario depends on reclaiming interim resistance at $0.10, $0.13, $0.20 and $0.30. **Whale accumulation meets weak price action** The divergence between on-chain accumulation and spot price has widened. While the 200 million DOGE whale purchase suggests large holders see value at current levels, spot selling pressure has overwhelmed buying interest. Dogecoin's relative strength index dropped to 34.51, approaching oversold territory, while the Chaikin Money Flow remained positive at 0.08, indicating capital continues entering the market despite the price decline. Spot Dogecoin ETFs recorded their first inflows since June 17 on July 21, with $345,130 in net inflows, though flows returned to zero by July 23. Cumulative net inflows stand at $12.12 million, representing roughly 0.09% of Dogecoin's market capitalization. **Key levels to watch** Dogecoin must reclaim $0.070 to improve its short-term outlook and challenge resistance at $0.0720. A confirmed move above $0.0720 could open targets near $0.0740 and $0.0760. On the downside, losing $0.0680 would invalidate the bullish structure and put DOGE at risk of falling to $0.0660. This article is for informational purposes only and does not constitute investment advice.