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261,000,000 XRP Now Held by Ripple-Backed Evernorth – Coinspeaker

             <span>© 2025 Coinspeaker LTD.</span>                 <span>ALL RIGHTS RESERVED.</span>             <br>Evernorth Holdings Inc., has secured 261 million XRP for its treasury move, as it plans to go public on Nasdaq through a merger with Armada Acquisition Corp II.<br>Ripple-backed digital asset treasury firm, Evernorth Holdings Inc., has joined the likes of VivoPower International, Trident Digital Tech Holdings, and Webus, which have been stockpiling XRP     <a href="https://www.coinspeaker.com/coins/xrp/" class="coinlive">         <span class="coinlive__badge">             <span class="coinlive__ticker">XRP</span>             <span class="coinlive__price value-growth">$2.48</span>         </span>         <span class="coinlive__dropdown">                        <span class="coinlive__row coinlive__vol24">                 <span>24h volatility:</span>                 <span class="value-growth">3.9%</span>             </span>             <span class="coinlive__row">                 <span>Market cap:</span>                 <span>$148.68 B</span>             </span>             <span class="coinlive__hr"></span>             <span class="coinlive__row">                 <span>Vol. 24h:</span>                 <span>$3.25 B</span>             </span>         </span>     </a>  .<br>The firm allegedly holds approximately 261 million XRP, which is worth $639.45 million, based on the current price of the coin.<!----> <!-- Google adSense --> <!--<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4826868851612784"      crossorigin="anonymous"></script> <ins class="adsbygoogle"      style="display:block; text-align:center;margin-top:20px;margin-bottom:5px"      data-ad-layout="in-article"      data-ad-format="fluid"      data-ad-client="ca-pub-4826868851612784"      data-ad-slot="2123345046"></ins> <script>
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–>
On October 20, Evernorth hinted at its plans to go public on the Nasdaq stock exchange through a merger with a Special-purpose Acquisition Company (SPAC) called Armada Acquisition Corp II (ticker: AACI).
Under this deal, it expects to raise over $1 billion in gross proceeds from SBI Holdings, Pantera Capital, Ripple Labs, GSR, and Kraken.
On X, XRP Ledger dUNL Validator known as Vet, confirmed that Evernorth now has 261 million XRP, suggesting that some partners have redeemed their commitment.
Chris Larsen, Ripple’s co-founder and Executive Chairman, had promised to invest 50 million XRP tokens worth $124.5 million into this Evernorth deal. Net proceeds are dedicated to open-market acquisitions of XRP.
Vet noted that Larsen has sent in his quota, while Ripple sent 211 million and 319,000 XRP in two transactions. Uphold exchange is another entity that has fulfilled its contribution to the deal.
Evernorth has now 261M XRP. Who has sent XRP so far?
> Ripple send two payments, 211M and 319k XRP
> Chris Larsen sent 50M XRP
> Uphold exchange acc sent 199k XRP
> Jana label 🏷️ acc sent 300k XRP
That’s all in XRP, no stables. pic.twitter.com/vyqzl7d9vf
— Vet 🏴‍☠️ (@Vet_X0) October 23, 2025

The fundraiser is billed to close in Q1 2026, although it is still subject to regulatory and shareholder approvals. With the secured capital, Evernorth will create an XRP-based treasury.
This is likely to be the world’s largest publicly traded institutional XRP treasury, focused on the accumulation and management of the top digital asset.
Broadly, XRP has garnered admiration among investors and traders. It boasts the position as the fifth-largest cryptocurrency by market cap around $146.61 billion at the time of this writing.
Its price is 2.07% high in the last 24 hours and resting at $2.45. This is quite significant considering that the broader cryptocurrency market is currently in a fragile period.
The news about Evernorth’s investment may have contributed to boosting the price of XRP, but a further increase is expected soon. On-chain data and market sentiment suggest a potential XRP turnaround may be near.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Godfrey Benjamin on X
October 24th, 2025
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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows – CNBC

  1. Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows  CNBC
  2. Inflation climbs again. What it means for Fed rate cuts, Social Security, and your wallet  USA Today
  3. Inflation expected to reach highest level in more than a year  ABC News – Breaking News, Latest News and Videos
  4. Trump administration set to release key September inflation data despite government shutdown  NBC News
  5. Inflation rises in September, with gas up 4.1%  qz.com

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XRP and Stablecoins: The Future of Payroll – OneSafe

Here we are in 2025, and it seems like traditional payroll systems are really struggling with all those delays and ridiculous fees. But guess what? XRP and stablecoins are coming to the rescue. Companies are starting to pay their global teams instantly, and low-cost payments are making their way into the payroll world. I mean, it’s about time, right?
XRP is pretty much the star of the crypto show when it comes to speed and cost. Forget about waiting days for your money to move around the globe. With XRP, transactions settle in just 3-5 seconds. That’s a game changer for payroll, allowing businesses to get that cash in their employees’ hands pronto. Oh, and did I mention the transaction fees? Just a fraction of a cent, compared to that 2-5% you usually get hit with for bank transfers.
Of course, we have to deal with the crypto volatility, right? But stablecoins are coming in clutch here. They’re pegged to fiat currencies, so you know your employees aren’t going to lose money while waiting for payday. This is especially useful for companies with international teams since it reduces the risk of currency fluctuations.
We can’t ignore the legal side of things. XRP’s partnerships with big financial institutions help it get a seat at the table when it comes to payroll solutions. Ripple’s recent legal wins have also helped, with the SEC finally admitting that XRP is a utility token. This gives businesses a little more confidence in using XRP for payroll, which could lead to more companies making the switch.
XRP’s tech is also a big plus. The XRP Ledger works nicely with existing financial systems, and you can automate payroll, which is a nice touch. Programmable payroll and cross-chain compatibility make it flexible enough to fit different needs. Plus, there are tools for identity verification and compliance, so businesses can stay on the right side of the law.
And it’s not just theoretical. Companies are already using XRP and stablecoins for payroll, and they’re seeing the benefits. Freelancers are getting paid instantly, and employees in countries with unstable currencies are keeping their purchasing power intact. This isn’t just a trend; it’s a real shift in how payroll works.
Yeah, XRP and stablecoins are changing the payroll game for the better. With instant payments and protection against volatility, this is a big step up from the old way of doing things. As regulations get clearer and partnerships strengthen, XRP looks like it’s here to stay in the payroll world. If you’re a business looking to modernize, you might want to consider this combo for your payroll needs.

Get started with Global transactions effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
Explore the APEX token's bullish potential as technical analysis reveals a Cup and Handle pattern, predicting significant price gains in the cryptocurrency market.
Discover how XRP and stablecoins are transforming global payroll solutions, ensuring instant payments, regulatory compliance, and employee satisfaction.
Lantern Finance's borrower-first approach during a $19B crypto crash showcases innovative risk management strategies that protect users and redefine crypto lending.
Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free

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$50K Powerball prize won in Mass. in 2024 nearing expiration – MassLive

Someone who won $50,000 playing Powerball in Massachusetts hasn’t come forward to claim their prize — and it’s about to expire.
The $50,000 prize was won Nov. 20, 2024, during a jackpot drawing for $155 million. The winning ticket was bought at the New Capital Farms Convenience Store, located at 554 Boston Post Rd. in East Marlborough.
The winning numbers on the ticket, which was bought as a Quic Pic, are 16, 30, 60, 62 and 64, and Powerball number 25. This ticket matched four out of the five numbers and the Powerball number drawn.
Powerball prize winners have one year from the date of the drawing to claim their prize and if it goes unclaimed, it will expire. Prizes that expire become part of the net profit returned to the state for distribution to towns and cities.
Prizes up to $103,000 can be claimed at Massachusetts State Lottery claim centers located in Braintree, Dorchester, Lawrence, New Bedford, West Springfield and Worcester.
Powerball drawings are held every Monday, Wednesday and Saturday. The cost of each play is $2. Players pick five out of 69 numbers and a Powerball number between 1 and 26, or can choose computer-generated numbers through the Quic Pic option.
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Ardent Trump supporter Lonsdale blasts crypto pardon – Axios

  1. Ardent Trump supporter Lonsdale blasts crypto pardon  Axios
  2. In pardoning Binance’s founder, Trump sends a clear message to white-collar criminals  CNN
  3. Trump Pardons Convicted Binance Founder – WSJ  The Wall Street Journal
  4. GOP senator denounces Trump’s pardon of crypto billionaire CZ  Politico
  5. Donald Trump Melts Down at CNN’s Kaitlan Collins Over a Simple Question  The Daily Beast

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Sygnum Bank And Debifi Leverage Bitcoin Multi-Sig Tech And Bank Lending Services – Crowdfund Insider

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Sygnum Bank, a digital asset banking group, announces a partnership with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG, a Bitcoin-native multi-signature lending service. The product, set to launch in next year, is said to be the multi-signature Bitcoin lending solution offered by a regulated bank.
MultiSYG enables borrowers to maintain shared control of their collateral via distributed key management instead of through a single custodian. At the same time, they also benefit from the “competitive rates, flexible drawdown schedule, loan durations – and white-glove service – of a regulated bank.”
MultiSYG allows Sygnum clients to draw fiat loans against their Bitcoin collateral held in a 3-out-of-5 multi-signature escrow wallet. Distributed control requires several private keys to authorise transactions, allowing Bitcoin holders to maintain “visibility of their collateral on-chain.” This is in line with the fundamental principle of “not your keys, not your coins” that resonates within the Bitcoin ecosystem.
Max Kei, CEO and Founder of Debifi explained that MultiSYG’s 3-out-of-5 key structure means borrowers can “verify their collateral on-chain, while continuing to benefit from Sygnum’s banking relationship and service.”
Pascal Eberle, Bitcoin@Sygnum and MultiSYG initiative lead at Sygnum Bank said that borrowers are able to benefit from bank-grade terms in pricing, drawdown flexibility, and loan duration, while “keeping cryptographic proof of their holdings and partial control of their Bitcoin via multi-signature tech.”
They added that MultiSYG combines the “ability to hold your own keys while accessing regulated banking products and white-glove service.”
While other banking institutions require complete  custody for Bitcoin-backed loans, MultiSYG’s distributed key management allows customers to maintain verifiable control of their collateral during the loan term – a demand from Bitcoin investors. MultiSYG provides a “cryptographic guarantee that assets are not rehypothecated, a practice common at traditional banks and other lending services providers.”
This positions Sygnum as the regulated bank providing Bitcoin lending that aligns with the self-sovereignty principles enabling institutional Bitcoin adoption.
This is a said to be a differentiator as more firms start to Bitcoin to their balance sheets. MultiSYG will now aim to complement Sygnum’s Credit & Lending portfolio and will be offered to Sygnum Bank clients, regardless of the client’s jurisdiction, after its roll-out in H1 of next year.
Sygnum enables professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets. Their team enables this via so-called institutional-grade security, personal service and portfolio of regulated digital asset banking, asset management, tokenization as well as B2B services.
In Switzerland, Sygnum has a banking license and has CMS and Major Payment Institution licences in Singapore. The group is reportedly regulated in the financial hubs of Abu Dhabi as well as Luxembourg and is registered in Liechtenstein.


 

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'Mind-boggling' poker fraud used X-ray tables, high-tech glasses and NBA players – BBC

Celebrities, professional sports stars and wealthy gamblers sat at a table hoping to win big in a game of Texas Hold 'Em.
But they didn't know it was nearly impossible. They were "fishes" allegedly being targeted by the mafia in an elaborate poker gambling scheme that included X-ray card tables, secret cameras, analysers in chip trays and sunglasses and contact lenses that could read their hand.
In what sounds like an Ocean's Eleven film plot, prosecutors say these "unwitting" victims were cheated out of at least $7m (£5.25m) in poker games – with one person losing at least $1.8m.
The scheme, which US prosecutors described as "reminiscent of a Hollywood movie", was dismantled in a sprawling federal investigation that led to more than 30 arrests, including members of La Cosa Nostra crime families, Portland Trail Blazers basketball coach Chauncey Billups and former National Basketball Association (NBA) player Damon Jones.
FBI director Kash Patel called it a "mind-boggling" fraud scheme that cheated victims in New York, Miami, Las Vegas and other US cities.
Arrests in the scheme were announced on Thursday along with those in an alleged basketball betting plot, in which professional NBA players are accused of faking injuries to influence betting odds.
The underground poker scheme started as early as 2019, prosecutors say, and was allegedly operated by the mafia – specifically by members of notorious crime families, including Bonnano, Gambino, Lucchese and Genovese. A cut of the profits, prosecutors say, helped fund their criminal enterprise.
Former professional athletes, described by prosecutors as "face cards", were enlisted to help in the scheme and entice victims into playing.
Lured in by the opportunity to play with a high-profile celebrity – such as Billups or Jones – a wealthy, "unwitting victim" would be recruited for illegal, underground poker games where tens of thousands of dollars were on the line, prosecutors allege.
Unbeknownst to the lured-in players – referred to in the scheme as a "fish" – everyone surrounding them was in on the elaborate scam – from the players to the dealers, even the technology used to shuffle the deck and count the chips, according to a lengthy federal indictment.
Sophisticated wireless technology was also used to deceive the players during the games, most commonly in Texas Hold 'Em.
The technology was everywhere – an X-ray table that read any face-down card, analysers inside chip trays, a rigged shuffling machine that read cards and predicted who would have the best hand, and pre-marked cards that allowed those wearing special sunglasses and contact lenses to read what was in everyone's hands.
Secretive cameras – built into tables and light fixtures – also helped convey information to those helping in the plot, authorities say.
Then there was also a sophisticated method of communicating and rigging the game, prosecutors allege.
Information from the game would be sent to an off-site conspirator – called an "operator" by prosecutors – who then would send information to another player sitting at the table who was in on the scheme – who prosecutors call a "quarterback" or "driver".
That person would then secretly signal to others, prosecutors allege, effectively stealing money and making it impossible for victims to win.
Texts from the US justice department's evidence suggest the "quarterback" would either touch the $1,000 poker chip, tap his chin, wrist or arm to signal which conspirator had the best hand.
If the victim had the best hand, the "quarterback" would touch his black chips.
The texts also appear to show that at times conspirators agreed to lose some hands in order to keep victims at the gambling table for longer.
Another series of texts suggests participants in the scheme avoided suspicion of cheating by swapping in players and losing money to co-conspirators.
Authorities estimate that each game would leave a victim out of tens or hundreds of thousands of dollars.
Prosecutors say the defendants allegedly laundered the funds from the scheme through cryptocurrency, cash exchanges and shell companies.
A cut of the profits went to those who helped in the plot, prosecutors say, and some allegedly went to fund the mafia's criminal enterprise.
"This alleged scheme wreaked havoc across the nation, exploiting the notoriety of some and the wallets of others to finance the Italian crime families," said FBI Assistant Director in Charge Christopher Raia.
Billups, who was accused of being a face card in the fixed card games, was arrested in Portland and was placed on leave by the NBA. The Portland Trail Blazers said in a statement that they were aware of the allegations involving their head coach and were "fully co-operating with the investigation".
Jones was arrested in relation to both the poker and NBA injuries scheme. He is charged with two counts each of wire fraud conspiracy and money laundering conspiracy.
The BBC asked people near the White House how they feel about the East Wing coming down to make room for a ballroom.
Comparing the controversial advert quoting Ronald Reagan on tariffs with his original address.
The US president says he is axing negotiations over an advert that used Ronald Reagan speaking negatively about tariffs.
It follows a sweeping FBI investigation into illegal sports betting and rigged, mafia-linked poker games.
The ground stop also hit Horizon Air, which is operated by the airline.
Copyright 2025 BBC. All rights reserved. The BBC is not responsible for the content of external sites. Read about our approach to external linking.
 

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PA Senate Passes Bill To Shield Lottery Winners’ Identities – LevittownNow.com

The Pennsylvania Senate approved legislation Monday aimed at protecting the privacy of state lottery winners who claim large prizes.
The measure, Senate Bill 73, would shield the names, home addresses, and other personal identifying information of those who win $100,000 or more, unless the winner chooses to make the information public.
The bill, which was sponsored by Republican State Sen. Lisa Baker, was approved with bipartisan support and now moves to the state Pennsylvania House of Representatives for consideration.
Baker, in a statement, noted the need to update the law to balance the Pennsylvania Lottery’s tradition of transparency with modern safety risks.
“The Pennsylvania Lottery has a proud, decades-long record of transparency and integrity,” Baker said. “At the same time, we must recognize the modern realities that come with instant communication and online access to personal information. This legislation strikes the right balance between public accountability and personal safety.”
The bill would still allow the Pennsylvania Lottery to release the winner’s county and municipality of residence. The prize amount would still be released.
Roughly half of all states already offer either full or partial anonymity to major lottery winners.
Baker said her proposal is intended to protect individuals and their families from harassment, scams and unwanted attention that can follow winning significant sums of money.
“My interest in this legislation stems from knowing someone personally who was targeted after winning a $100,000 scratch-off prize,” Baker said. “Scammers went so far as to contact her family members pretending to be government officials demanding tax payments. No one should have to endure that kind of intrusion simply for being lucky.”
In recent years, several states have changed laws regarding public disclosure after decades of fully revealing winners’ identities.
Last year, the Associated Press reported nine states allow all lottery winners to remain completely anonymous, while 10 others permit anonymity for wins exceeding a specific amount.
Even under current Pennsylvania law, some winners are able to remain unnamed by claiming their prize through a trust.
The group that won the $516 million Mega Millions prize, purchased at a 7-Eleven in the Levittown section of Middletown Township, is only known as the Peace of Mind Trust.
The Pennsylvania Lottery, which was established more than 50 years ago, is the only state lottery that directs all proceeds to programs supporting older residents. It has generated more than $1 billion annually for seniors for 13 consecutive years.
“This is about updating our laws to reflect today’s risks,” Baker said. “Protecting the privacy of certain Lottery winners ensures that success doesn’t come at the cost of personal safety.”
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Bodoland Lottery Sambad Result Today 24-10-2025: Assam State Friday Lucky Draw OUT At 3 PM- Check Full Winners List – Zee News

Bodoland Lottery Results Today 24 October 2025 Live: The Assam Bodoland Lottery Department will declare its results today at 3 PM. Participants can view their results at bodollotteries.com, the official website, scroll down for more details.
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Bodoland Lottery Results Today 24, Oct 2025: The Bodoland State Lottery Result was accurately published by the Bodoland Lottery Department. This item may be used to get the Bodoland State Lottery Result 2025 by candidates who bought the 2025 Bodoland Lottery tickets. The government of Assam maintains control over the Bodoland lottery, which is part of the Assam Lottery. Every day at 3 PM,  the Bodoland lottery is played three times. Each day, a large number of people enter this lottery. This item is critical for those who will participate in the Bodoland Lottery or have signed up for it, as well as for those who wish to understand the results.

<br>Assam and Bodoland have their lottery. In Bodoland Lotteries, individual Assam winning sums are divided. The Bodoland Lottery is a well-known lottery that draws a large crowd. The Bodoland Territorial Council, situated in Kokrajhar, can use the Bodoland lottery winners' prize money to laud them. They must submit their authentic ticket within 30 days after the announcement of the results.<div><div class="recommended_widget"><div id="taboola-mid-article-thumbnails"></div></div></div><div id = "v-zeenews-india-v1"></div>    <br><strong>(NOTE: Lottery can be addictive and should be played responsibly. The information provided on this page is for informational purposes only and should not be construed as advice or encouragement. Zee News does not promote lottery in any way.)</strong><div classname="googlePopUp" id="googleCTA" style="background-color:#FFD1D1;height:46px; border-radius:4px">            <div classname="googlePreferredAd"  style="display:flex;padding:4px 20px;gap:20px;width:100%;justify-content:center">           <p style=" font-size:14px !important; font-weight:bold; color:#333333;">Add Zee News as a Preferred Source               <a             href="https://www.google.com/preferences/source?q=zeenews.india.com"             target="_blank"             style="margin-left: 20px;"             id="googleIconBtn">             <img               src="https://english.cdn.zeenews.com/static/public/updated_logos/googlePreferred.png"               alt=""               style="width:122px !important;"             />           </a>         </div>       </div>       <div id="trendingNow" class="mb-3"></div>    <h2><span style="color:#FF0000;"><strong>Stay Tuned To Zee News For All The Latest And Live Updates On the Bodoland Lottery Lucky Draw 24.10.2025</strong></span></h2><br>Add Zee News as a Preferred Source               <a             href="https://www.google.com/preferences/source?q=zeenews.india.com"             target="_blank"             style="margin-left: 20px;"             id="googleIconBtn">             <img               src="https://english.cdn.zeenews.com/static/public/updated_logos/googlePreferred.png"               alt=""               style="width:122px !important;"             />           </a>         <br>1st Prize Rs.100000/-<br>2nd Prize Rs.7000/-<br>3rd Prize Rs.3500/-<br>4th Prize Rs.200/-<br>5th Prize Rs.100/-<br>6th Prize Rs.50/-<br><img data-src="https://english.cdn.zeenews.com/sites/default/files/24102025_page-0002.jpg" class="lazyload" src="https://english.cdn.zeenews.com/static/public/updated_logos/Zee_Zeenews.svg" width="100%"></iframe><br><img data-src="https://english.cdn.zeenews.com/sites/default/files/24102025_page-0001.jpg" class="lazyload" src="https://english.cdn.zeenews.com/static/public/updated_logos/Zee_Zeenews.svg" width="100%"></iframe><br><img data-src="https://english.cdn.zeenews.com/sites/default/files/24102025_page-0003.jpg" class="lazyload" src="https://english.cdn.zeenews.com/static/public/updated_logos/Zee_Zeenews.svg" width="100%"></iframe><br>Stay informed on all the <a href="/">latest news</a>, real-time <a href="/"> breaking news</a> updates, and follow all the important headlines in<a href="/india"> india news</a> and<a href="/world">world News</a> on Zee News.<br>Thank you<br><br><br><a href="https://news.google.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?oc=5">source</a>