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Flare’s latest move to lock 4 million XRP into escrow adds to its growing control of network supply.
Around 4 million XRP (XRP-USD), worth more than $10.5 million, was locked into escrow this week. The move takes some tokens out of circulation and has traders wondering if it could lift XRP’s price in the days ahead. Blockchain tracker Whale Alert flagged the transfer on Wednesday, linking it to the Flare Core Vault, which a key infrastructure wallet already holding more than 1.57 billion XRP.
The move adds to a broader pattern of consolidation by Flare, which uses its vaults to manage collateral and governance across its ecosystem. It’s the latest example of how large institutional holders are quietly shaping the XRP Ledger’s supply dynamics and why traders are paying closer attention to escrow activity alongside exchange flows.
Flare’s growing reserves underline how much XRP supply sits outside normal trading channels. More than 35 billion XRP, roughly one-third of total supply, remains locked in various escrows across the network. While this new 4 million addition is small in comparison, every reduction in circulating tokens matters for liquidity and sentiment.
For XRP, which has been holding near $2.55 in recent sessions, supply tightness can act as a subtle stabilizer in volatile conditions. Analysts note that when major holders restrict available supply, it can cushion short-term downside pressure, particularly when trading volumes are thin.
The move also comes just days after Ripple CTO David Schwartz highlighted that XRP escrows are more flexible than many assume. He said the rights to locked tokens can be “cloned, reassigned, or sold,” suggesting that even escrowed XRP can shift between entities and serve as financial instruments in their own right.
This nuance is important. It means “locked” doesn’t always mean “frozen” and that XRP supply can still move in meaningful ways beneath the surface. For investors, this highlights the complexity of tracking true liquidity across the network, where both Ripple and ecosystem partners like Flare play major roles in how supply is managed.
At face value, the 4 million XRP lock-up may not shake markets overnight, but it highlights a deeper reality that supply management remains central to XRP’s long-term story. Each new escrow event reveals how much control still resides with large entities shaping liquidity conditions from behind the scenes.
For now, XRP’s price remains stable around $2.55, but the accumulation trend, particularly by entities tied to Ripple’s ecosystem, could amplify future volatility if those tokens are later reintroduced or reassigned. Traders watching the ledger’s movements see these escrow shifts as early signals of potential pressure points ahead.
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Cryptocurrency fraud is costing B.C. residents significant amounts of money, and police are warning people to protect themselves against this type of fraud.
Cryptocurrency is digital money that was created as an alternative to government-issued currency. All cryptocurrencies use blockchain — a digital database where transactions are cryptographically stored — to operate a ledger, storing and sharing data across a large global network of computer servers. The best-known cryptocurrency is Bitcoin.
B.C. RCMP have received multiple reports of individuals losing large sums of money after investing in fraudulent cryptocurrency apps. Scammers typically reach out through text messages, emails, or social media, claiming they’ve made thousands of dollars through cryptocurrency investments. They then convince victims to deposit money into a fake investment app.
Once the money is deposited, the app displays fictitious profits to create the illusion of a successful investment. The scammers use this to pressure victims into investing even more.
When victims grow suspicious and attempt to withdraw their funds, the scammers demand a large “processing fee”. Fearing the loss of their investment, many victims pay the “processing fee,” but ultimately end up losing both the fee and their investment.
A second layer of fraud is sometimes added after the initial scam has been discovered. The fraudsters will assume a new identity and reach out to the victim, claiming to be from law enforcement or saying that they are from a “recovery service,” and that they can get the money back, but only after payment of a “recovery fee,” which is another scam. Legitimate law enforcement officers will never ask for a payment in order to help you recover money or goods.
“These scammers rely on high-pressure sales tactics to create a false sense of urgency and fear of missing out, pushing people to make impulsive decisions without thinking them through,” says Acting Sergeant George Han of the Coquitlam RCMP. “Do not rush. Call someone and discuss the investment before making any decisions.”
The lack of regulation and oversight of cryptocurrencies puts investors at risk. It is also a relatively new, and somewhat complex, market, meaning that many investors are unaware of potential dangers and risks. Fraudsters will often try to dismiss these dangers and risks, claiming that investors don’t need to understand the crypto market in order to make money.
There are ways to safeguard yourself against cryptocurrency frauds:
– Be cautious of unexpected calls, emails, or messages.
– Never send money or cryptocurrency to someone you don’t know.
– Don’t give anyone remote access to your computer.
– Avoid downloading unknown software or apps.
– Be wary of investments that offer unusually high returns in a short amount of a time. Remember: If it sounds too good to be true, it probably is.
If you think you have been scammed, immediately stop all communication with the scammer, and do not send them any more money. Alert your financial institution, and report the issue to the Canadian Anti-Fraud Centre or call 1-888-495-8501. Also contact your local police of jurisdiction.
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Jakarta, Pintu News – The Pi Network’s native cryptocurrency, Pi Coin, is attracting great attention as it continues to rise, with weekly spikes that have exceeded 30%. This bullish action comes after recent reports that the network has joined the ISO 20022 group, along with Ripple and Stellar.
As a result, optimistic investors (bulls) are again trying to break the price above $0.28, which if successful, could pave the way for a bigger rally ahead.
From a low of $0.19 last week, the Pi Network token has registered significant gains and is currently trading with a gain of over 30% on the weekly chart. With a 15% surge in just 24 hours on October 29, optimistic investors (bulls) are again trying to break the $0.28 level, which was previously an area of strong resistance.
Read also: Pi Crypto News: Pi Network Technical Patterns Hint at Surge Despite Manipulation Issues
Technically, the chart shows that the price of Pi Coin has broken out of the consolidation zone and is again showing bullish momentum after bouncing off the support level at $0.23. The breakout from this resistance area signals a potential change in market structure in a more positive direction.
Crypto analyst Devid James noted that this latest breakout shows a stronger price floor, which reinforces the positive sentiment among traders. Nevertheless, the $0.3626 level remains an important resistance to watch. J
If the price is rejected at this point, there is likely to be a short-term correction that could bring the price back to test the support area at $0.23.
Pi Network has reportedly joined the ISO 20022 group, aligning with other leading digital assets that are already compliant with this standard, such as XRP and Stellar . The move is an important milestone in Pi’s integration into the global banking and payment system.
Read also: Shiba Inu soars! Here are 5 reasons the Ethereum rally is the main driver of the SHIB price increase
This development has fueled bullish sentiment, which helped lift the Pi Coin price higher, supported by the reduced supply of Pi tokens on exchanges.
By adopting ISO 20022, Pi Network increases its compatibility with traditional financial systems. In addition, this move has the potential to facilitate smoother cross-border transactions, improve interoperability, and foster trust from financial institutions.
As more global banks turn to ISO 20022 to modernize their financial messaging systems, digital assets that are compliant with this standard are expected to have a competitive advantage in terms of regulatory adoption and utilization by institutions.
Furthermore, in the fourth quarter of 2025, Pi Network will roll out Protocol 23 updates on its mainnet, aiming to address scalability and transaction efficiency issues.
Additionally, over 3.36 million Pioneers have successfully completed the full KYC verification process after the implementation of the new process system. The update also enables the review of 4.76 million Tentative KYC cases, opening up opportunities for such users to complete the full KYC process.
An additional 3 million Pioneers with Tentative KYC cases can be unblocked by the newly released system process if they submit the required additional liveness checks in the app. So, if your KYC status is Tentative and the app requires you to conduct additional liveness checks,…
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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