By Isabella Flores
Key Takeaways:
David Schwartz, one of the most recognizable names in the crypto industry, is preparing to scale back his day-to-day duties at Ripple. After more than a decade leading the company’s technology vision, he announced via X that he will step down as CTO later this year. Yet, far from retiring, Schwartz plans to continue shaping Ripple’s future, this time as CTO Emeritus and a member of its Board of Directors.

The time Schwartz has spent with Ripple can be traced to 2011, when he became one of the cryptographers. Together with co-founders Arthur Britto, Jed McCaleb and Chris Larsen, he was involved in designing and coding the XRP Ledger (XRPL), which is currently one of the most popular blockchain platforms in the world.
In 2018, he became the Chief Technology Officer where he led the strategy of Ripple around blockchain scalability, cross-border payments and ecosystem building. During his tenure, Ripple increased its footprint in dozens of countries, made high-profile banking deals, and advanced the argument in favor of regulatory clarity in crypto assets.
Schwartz has a rare dual reputation in the industry, as both a trailblazer in blockchain architecture as well as a face to clarify the ins and outs of crypto with a clear explanation. His departure from the CTO role marks the end of an era for Ripple.
Read More: Ripple’s $125M Crypto Clash With SEC Paused Again — Massive XRP Shake-Up by August 15?
In his announcement, Schwartz struck a personal tone. Looking back at a 40-year career starting with a contract with the U.S. National Security Agency (NSA), and transitioning into crypto, he declared that it was time to redraw priorities:
“I’ve spent more than 13 years at Ripple. It’s been one of the greatest honors and experiences of my life, second only to my family. The time has come for me to step back from my day-to-day duties at the end of this year. I’m looking forward to more time with my kids and grandkids and returning to hobbies I set aside.”
Nevertheless, this was not a goodbye as Schwartz clarified. He stressed that he still loved practical coding, operating XRPL nodes and helping builders within the ecosystem.

Schwartz will not walk away, but he will shift to CTO Emeritus, a high-level advisory position that will enable him to guide the new generation of Ripple engineers. Also, Ripple co-founder Chris Larsen offered him a spot on the Board of Directors, which Schwartz took.
This will help Ripple save his strategic acuity and leave the daily technical management to others, including Dennis Jarosch, Ripple SVP of Engineering, who will have an increasingly significant role in the future.
This appointment to the board will provide Schwartz with an avenue through which he can further shape the long-term mission of Ripple: to promote the use of blockchain in finance and to promote responsible regulation.
Read More: Ripple Transfers $477M in XRP, Is a Major Deal Brewing Behind the Scenes?
The XRP ecosystem is buzzing with expectations for spot ETF approvals. The REX-Osprey XRP ETF (ticker XRPR) is already trading in the U.S., and others including proposals from Bitwise, 21Shares, and WisdomTree, await SEC clearance. 
With SEC generic listing standards in place, the process is expected to accelerate.
Ripple’s stablecoin RLUSD, pegged 1:1 to the U.S. dollar, is gaining traction. Major exchanges such as Bybit have added RLUSD trading pairs (XRP/RLUSD, ETH/RLUSD, BTC/RLUSD). Recent attestation reports by Deloitte validate RLUSD’s reserves and transparency.
Isabella Flores
Blockchain Adoption Reporter
Isabella specializes in tracking how blockchain technology is transforming industries worldwide. She previously worked as a business analyst for a fintech startup before pivoting to journalism. Her pieces explore the real-world applications of blockchain, from supply chain to healthcare. Isabella is passionate about highlighting underrepresented use cases in the crypto space.
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Colorado Lottery Mega Millions, Pick 3 Midday results for Sept. 30, 2025  Yahoo
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New Mexico Lottery Mega Millions, Pick 3 Day results for Sept. 30, 2025  Yahoo
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The New Mexico Lottery offers multiple draw games for those aiming to win big. Here’s a look at Sept. 30, 2025, results for each game:
04-08-27-37-63, Mega Ball: 14
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Day: 9-0-6
Evening: 5-9-8
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Evening: 1-3-1-2
Day: 9-5-6-4
Check Pick 4 payouts and previous drawings here.
02-10-12-18-34
Check Roadrunner Cash payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
This results page was generated automatically using information from TinBu and a template written and reviewed by a Las Cruces Sun-News editor. You can send feedback using this form.

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John Isige
FXStreet
Ripple (XRP) upholds an intraday bullish outlook, trading above $2.91 on Wednesday. The crypto market has generally kicked off October on a positive note, providing insight into the direction trading may take in the coming weeks.
The uptick in price occurred alongside a notable increase in retail interest in the cross-border money remittance token. XRP futures traders are increasingly piling into long positions, according to CoinGlass data on the Open Interest (OI)-Weighted Funding Rate, which averages 0.0099%, up from 0.0011% last Friday. 
OI-Weighted Funding Rate is an aggregated metric of XRP perpetual futures contracts across multiple exchanges, calculating the weighted average of funding rates. High positive rates indicate that traders are aggressively piling into long positions. 
At the onset of an uptrend in the XRP price, rising OI-weighted funding rates represent a positive signal. However, at extremely high levels above 0.1%, it can serve as a warning for traders to reduce their risk exposure. 
For now, XRP OI-Weighted Funding Rate is within the healthy band, encouraging more traders to increase their exposure, as they anticipate a breakout above the critical $3.00 level.
XRP OI-Weighted Funding Rate | Source: CoinGlass
Conversely, Binance activity indicates that investors have slowed asset transfers to the exchange. CryptoQuant data shows the token balance on Binance is approximately 3.57 billion XRP, stable after a significant increase from 2.92 billion XRP on August 31.
Traders typically move assets to exchanges with the intention of trading or selling, so an increase in exchange reserves often indicates impending volatility. On the other hand, declining exchange balances suggest confidence in the token and its ecosystem is improving, potentially laying the groundwork for a bullish outlook.
XRP Binance exchange reserves | Source: CryptoQuant 
XRP gains momentum above key moving averages, including the 200-period Exponential Moving Average (EMA) at $2.91, the 100-period EMA at $2.88 and the 50-period EMA at $2.86 on the 4-hour chart, buoyed by bullish sentiment in the wider crypto market.
The Relative Strength Index (RSI) remains at 62, following a significant rise from oversold levels last week, reinforcing the increase in buying pressure. Similarly, the Moving Average Convergence Divergence (MACD) has confirmed a buy signal on the same daily chart, encouraging investors to seek risk exposure.
XRP/USDT daily chart
Key areas of interest for traders are the descending trendline in place since mid-July, when XRP reached a new record high of $3.66, and the next supply zone at $3.18, which was tested on September 13 as resistance.
Ripple is a payments company that specializes in cross-border remittance. The company does this by leveraging blockchain technology. RippleNet is a network used for payments transfer created by Ripple Labs Inc. and is open to financial institutions worldwide. The company also leverages the XRP token.
XRP is the native token of the decentralized blockchain XRPLedger. The token is used by Ripple Labs to facilitate transactions on the XRPLedger, helping financial institutions transfer value in a borderless manner. XRP therefore facilitates trustless and instant payments on the XRPLedger chain, helping financial firms save on the cost of transacting worldwide.
XRPLedger is based on a distributed ledger technology and the blockchain using XRP to power transactions. The ledger is different from other blockchains as it has a built-in inflammatory protocol that helps fight spam and distributed denial-of-service (DDOS) attacks. The XRPL is maintained by a peer-to-peer network known as the global XRP Ledger community.
XRP uses the interledger standard. This is a blockchain protocol that aids payments across different networks. For instance, XRP’s blockchain can connect the ledgers of two or more banks. This effectively removes intermediaries and the need for centralization in the system. XRP acts as the native token of the XRPLedger blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz.

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Pi Network (PI) edges higher by over 4% at the time of writing on Wednesday, as investor sentiment improves amid co-founder Chengdiao Fan delivering a talk on Blockchain and Artificial Intelligence (AI) at the Token2049 event in Singapore. 
Pump.fun is gaining bullish momentum, advancing up over 13% to trade at $0.0067 on Wednesday. After surging to a new all-time high of $0.0089 on September 14, the meme coin platform native token trimmed most of the gains, testing support at around $0.0048. 
Bitcoin (BTC) kicked off October on a strong note, with the price breaking above $116,000 on Wednesday. Despite a market-wide expectation that September is usually a bearish month for cryptocurrencies, BTC posted gains of 5.31%. 
Aster (ASTER) remains steady at press time on Wednesday, following a 14.6% drop the previous day, driven by rumors of token unlocks. Meanwhile, the declining interest among derivatives traders flashes downside risk. 
Bitcoin (BTC) price hovers around $109,000 at the time of writing on Friday after shedding nearly 5% so far this week. The broader cryptocurrency market experienced its largest single-day liquidation event of the year, wiping out mostly long positions.
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October 1, 2025 Rhoda Gistlover Extra 0
A popular Islamic cleric, Dr. Sharafdeen Gbadebo, has cautioned Muslim couples against conducting DNA tests to determine the paternity of children, saying that such practice is forbidden under Islamic law.
His remarks come amid the growing popularity of DNA testing in Nigeria, particularly in cases of suspected infidelity and paternity disputes.
Dr. Gbadebo made the statement during a recent lecture delivered in Yoruba.
He explained that Islam provides clear guidelines on paternity, making scientific methods like DNA testing unnecessary and un-Islamic.
“Why would you (Muslims) do DNA test? Islam does not allow us to doubt the paternity of a child conceived by a wife legally married. This is why it is said that the man who owns a wife owns the children she gives birth to. The position of Islam is that anybody that engages in fornication or adultery with a woman will be entitled to nothing,” he said.
The cleric highlighted Lian, an Islamic procedure recognized when a husband questions the paternity of a child.
Under Lian, both husband and wife must take solemn oaths before God. The husband swears four times that the child is not his, invoking divine punishment if he lies, while the wife swears four times that the child belongs to her husband. Upon completion, the man permanently loses the right to claim the child, and the marriage is annulled.
“Let’s take for instance, two people engage in sex out of wedlock, and this led to giving birth to a child, is there any DNA test that would grant the man paternity of such a child in Islam? There is none. It is forbidden. That child will always be seen as a product of Zina,” Dr. Gbadebo added.
He emphasized that DNA testing, whether expensive or affordable, has no place in Islam, urging Muslims to follow religious guidance over scientific methods in such matters.
Medical Expert Affirms Accuracy of DNA Testing
Contrasting Dr. Gbadebo’s religious stance, a medical scientist, Miss Aisha Ahmad of University of Ilorin Teaching Hospital, stated that DNA testing remains highly reliable for determining biological parentage.
“DNA test is 99% accurate if it is done correctly and at the right place. It is still the best way to determine paternity of children when in doubt,” she explained.
She clarified that while the cleric’s point is valid from a religious perspective, it does not affect the scientific accuracy of DNA tests:
“Like you said, the man (Dr. Gbadebo) is speaking from a religious point of view and he is right to say DNA cannot legitimize an illegitimate child in Islam. But that should not mean it is not accurate.”

Copyright © 2025 Gistlover Media. All Rights Reserved

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The Era of “Easy Money” from Bitcoin Reserves is Over. True Crypto Investment Begins Now.  Cryptonews
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Dubious ‘Ripplecoin Mining’ Announces $30 Million Reward Pool for XRP Holders Amidst Widespread Scam Warnings  FinancialContent
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Dow turns green, S&P 500 cuts losses as investors shake off shutdown fears: Live updates  CNBCView Full Coverage on Google News
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Meanwhile, Strategy is surging following the IRS issuing interim guidance that would remove the 15% Corporate Alternative Minimum Tax for unrealized gains on bitcoin holdings.
The US government may be shut down, but bitcoin is up. The asset is up 3.4% in the past 24 hours and has shot past $117,000, levels not seen since mid-September. The price action has also pushed bitcoin dominance to 59% from 57%, according to Glassnode.
Lee Bratcher, president and cofounder of the Texas Blockchain Council, told Sherwood News, “It’s a safe-haven asset for investors to turn to during times of macro uncertainty, just as we saw with the 2008 recession and in similar times.”
He added that how the price will move from here is uncertain. “In the short term, we may see BTC go down with investors in panic, but in the medium term, there’s going to be improved liquidity and greater support of risk assets,” Bratcher said.
Prior to the shutdown, the Treasury Department and the IRS issued interim guidance on Tuesday to remove the 15% Corporate Alternative Minimum Tax (CAMT) for unrealized gains on bitcoin holdings, sending shares of the two largest corporate bitcoin holders, Strategy and MARA Holdings, up in early trading.
To put this in context, Strategy holds $26 billion in unrealized gains, per The Wall Street Journal, and the regulatory move now “removes a significant source of potential overhang for Strategy,” TD Cowen analyst Lance Vitanza said in a note.
MARA’s vice president of investor relations, Robert Samuels, celebrated the news, saying it “is a significant win for MARA and our stockholders.”
Tim Kotzman, founder of Bitcoin Treasuries Media, said that for Strategy, the guidance eliminates the risk of being taxed on paper gains, which could have materially pressured its cash flows. “Strategically, this strengthens their position to continue expanding their bitcoin treasury strategy without incremental tax burdens,” he said.
Meanwhile, Metaplanet jumped up the corporate bitcoin treasury ladder with its latest acquisition of 5,268 bitcoin, which makes the Japanese company the fourth-largest corporate bitcoin holder, with 30,823 bitcoin.

Bitcoin ETFs are having a strong start to the week, with $522 million in inflows on Monday.
Jim Cramer posted “buy crypto” atop a picture of the national debt clock, which was reposted by Strategy’s Michael Saylor with a slight change.
The price of bitcoin dipped below $109,000, showing “signs of exhaustion.”
Mounting concerns over digital asset treasuries buying crypto near the top of the market may be weighing on overall sentiment.
Bitcoin has seemed stalled around $112,000, but is finally breaking past the $113,000 mark on Wednesday as whales have led a rush to sell. The token’s price is still down nearly 2% over the past week.
David Siemer, CEO of Wave Digital Assets, told Sherwood News that the wave of liquidations is due to a combination of factors hitting at once, including the fact that crypto markets have become heavily leveraged after bitcoin’s run past $120,000.
“Once bitcoin slipped through key price levels, stop-losses and liquidations snowballed against relatively thin liquidity, which amplified the move,” he said, adding that at the same time, stronger-than-expected US inflation data lifted the dollar and dampened risk appetite, giving traders another reason to unwind positions.
“Short-term holders were quick to sell into the weakness, further accelerating the downside,” he said.
Meanwhile, bitcoin ETFs continue to bleed, with outflows reaching $466.7 million since Monday, SoSoValue data shows. Reflecting the risk-off sentiment, gold ETFs, in contrast, experienced their largest inflow since January 2021 on Friday as gold itself hits all-time highs.

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