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Ripple came close to shutting down rather than fighting the U.S. Securities and Exchange Commission, Chief Executive Brad Garlinghouse said, describing a decision he and co-founder Chris Larsen faced after the agency sued the company in 2020.Speaking at the University of Kansas School of Business earlier this week, Garlinghouse said the two seriously considered winding Ripple down and distributing its XRP holdings to shareholders. He described that as the easier path, against a government he said had “infinite power and resources.”Ripple holds a large amount of XRP, and Garlinghouse said the company could have handed it to shareholders on a…

ROAD TOWN, British Virgin Islands, July 11, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, today announced a landmark operational milestone: surpassing $1.1 billion in cumulative trading volume during its initial period of operation. This rapid ascent is supported by over 8.6 million total trades, positioning AFX as one of the fastest-growing decentralized derivatives platforms in the 2026 Web3 landscape. The most distinctive feature of AFX’s growth is its superior capital efficiency. While many decentralized protocols rely on massive Total Value Locked (TVL) to attract volume, AFX has achieved its $1.1 billion milestone with a lean TVL…

New York, USA, July 10th, 2026, Chainwire TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the expansion of ecosystem partnerships. The journey to this milestone began a year ago when the TrueDAO team set out to build a decentralized financial infrastructure driven by smart contracts, on-chain reserves, dynamic adjustment mechanisms, and community governance. The initiative aimed to address challenges in the…

Victoria, Seychelles, July 10th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, announced the launch of its VVIP Futures Loss Coverage Program 2.0 from July 10 to July 30, 2026 (UTC), an upgraded initiative offering enhanced trading protection and a 1,000,000 USDT prize pool for futures users to share. The Loss Coverage Program 2.0 introduces three key enhancements. Losses Covered Instantly gives eligible VVIP users same-day compensation on qualifying losing trades, with coverage chances and limits tiered according to VVIP level. Elite VVIP users with a credit score of 800 or above enjoy real-time compensation upon triggering loss…

New York, USA, July 9th, 2026, Chainwire New VIP Trading Badges give high-volume traders access to CEX-style fee discounts, card rewards and expanded spending power—without surrendering custody of their assets Tria, the leading self-custodial neofinance platform, today became the first platform to bring VIP trading to self-custody, giving high-volume traders access to institutional-style trading rewards without giving up ownership of their digital assets. For years, active traders have faced a tradeoff. The deepest fee discounts and richest rewards were available only on centralized exchanges, where users had to relinquish custody of their assets. Self-custody offered control, but not comparable VIP…

Eightco treasury composition as of July 8, 2026: $90M OpenAI equity (indirect), $18M Beast Industries equity, 16,278 ETH, 283 million WLD holdings, and $149M cash and equivalents, totaling approximately $397 million Worldcoin token (WLD) now listed on Robinhood (NASDAQ: HOOD), expanding access to millions OpenAI recently announced that it submitted a confidential S-1, setting itself up for an initial public offering Eightco provides indirect exposure to some of the most innovative private companies including OpenAI and Beast Industries EASTON, Pa., July 9, 2026 /PRNewswire/ — Eightco Holdings Inc. (NASDAQ: ORBS) (“Eightco” or the “Company”) today provided an update on its…

Dubai, United Arab Emirates, July 9th, 2026, Chainwire  Bybit, the world’s second-largest cryptocurrency exchange by trading volume, reported that Bybit’s Private Wealth Management (PWM) BTC fund products have recorded a comprehensive annualized return of approximately 4.9% over the past 60 days, with select individual funds delivering 30-day annualized percentage rates exceeding 40%. Through its BTC-invested, BTC-settled fund structure, Bybit PWM’s BTC strategies offers a more advanced allocation solution to users holding larger BTC positions. Launched in September 2025, Bybit PWM manages over $239 million in assets across over 160 portfolios. In June 2026, Bybit introduced PWM 2.0, expanding direct dashboard…

SK Hynix’s $28 billion United States share sale drew orders for more than seven times the available shares. A person familiar with the matter told Reuters. The demand emerged the same week South Korea’s KOSPI briefly slid into a technical bear market. Steep losses in SK Hynix and Samsung Electronics shares dragged the index down. Institutional Money Bets Big Despite the Swings The order book drew interest from global long-only funds, sovereign wealth funds, and Asia-focused institutional investors. Demand held steady throughout the week’s volatility. Baillie Gifford, Coatue Management, and Situational Awareness Partners indicated interest for as much as $7…

In brief SpaceXAI released Grok 4.5 on July 8 at $2 per million input tokens and $6 per million output, less than half the price of comparable models from Anthropic and OpenAI. Elon Musk posted on X that the model is “roughly comparable to Opus 4.7,” Anthropic’s previous flagship, now superseded by Opus 4.8, while touting speed and cost over benchmark performance. Grok 4.5 is not available in the EU yet; SpaceXAI says European access is expected in mid-July. Elon Musk’s SpaceXAI released Grok 4.5 on Wednesday, its first public model since the SpaceX-xAI merger closed in February and SpaceX’s…

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated:  July 8, 2026 XRP price prediction remains in focus as the coin experiences another…