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Ripple issues urgent alert about fake telegram accounts

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Ripple issues urgent alert about fake telegram accounts

Ripple has issued a warning regarding the rise of scam accounts impersonating the company on Telegram. The company clarified that it does not have an official Telegram channel, urging users to stay vigilant against potential fraud.

Summary

  • Ripple confirms it has no official Telegram channel for support.
  • Scammers use Ripple branding and CEO photos to deceive users.
  • XRP Ledger grows, with over 7.7 million holders amid rising scams.

RippleX, a division of Ripple, recently warned the public about an increase in impersonation accounts on social media platforms like Telegram. Fraudsters have been creating accounts pretending to be Ripple recruiters, customer support representatives, or other employees. These scammers often use the company’s branding and images, including pictures of Ripple CEO Brad Garlinghouse, to deceive potential victims.

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Ripple emphasized that it does not conduct business through unofficial channels such as Telegram. The company assured its community that it will never contact users directly to offer support, request personal information, or ask for payments. 

“Any account claiming to be an official Ripple Telegram is not legitimate,” Ripple stated in a tweet.

How Scammers Operate

Fraudsters have been using various methods to gain trust and trick individuals into sending money. Scammers frequently post fake cryptocurrency giveaways that appear to be associated with Ripple. These fraudulent offers may use genuine videos from Ripple’s media interviews or public events, only to link victims to fake websites or crypto wallet addresses.

Ripple advised the XRP community to remain cautious when approached through unofficial communication channels. The company recommended that users verify any offers or communications by checking through official Ripple platforms.

Despite the rise in scams, Ripple’s XRP Ledger continues to grow, with an increasing number of wallets holding XRP. According to recent reports, the XRP Ledger now has over 7.7 million holders, with a significant rise in wallet addresses. As adoption of XRP grows, the company’s efforts to combat fraud are becoming more important to ensure the safety of its users.

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TRON DAO Takes Center Stage at DC Blockchain Summit 2026 as Diamond Sponsor

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

    • TRON DAO joined DC Blockchain Summit 2026 as a Diamond Sponsor, engaging policymakers on digital asset regulation.
    • Justin Sun delivered a keynote on building unified financial infrastructure combining blockchain and traditional finance.
    • TRON DAO’s Adrian Wall moderated a session on U.S. crypto regulatory clarity alongside Representative Dusty Johnson.
    • TRON DAO hosted a VIP Lounge at Capital Turnaround, creating space for direct policy and ecosystem conversations.

TRON DAO joined the DC Blockchain Summit 2026 as a Diamond Sponsor in Washington, D.C. The Digital Chamber hosted the event on March 17–18, drawing policymakers, regulators, and industry leaders.

Discussions covered blockchain regulation, digital assets, and the future of financial infrastructure. TRON DAO used the platform to advance policy dialogue and present ecosystem developments.

The summit marked another step in the organization’s ongoing engagement with U.S. regulatory conversations.

Justin Sun Outlines a Blueprint for a Unified Financial System

Justin Sun, Founder of TRON, delivered a keynote on the Main Stage at the summit. The address was titled “Building the Rails for a Unified Financial System.”

Sun described TRON as a foundational settlement layer for the global digital economy. He also positioned the network as infrastructure suited for supporting Agentic AI payments.

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Sun stressed that collaboration between traditional finance and emerging technology sectors is essential. He said this cooperation is key to building a unified and interoperable digital asset ecosystem.

The keynote drew attention from policymakers and industry leaders throughout the two-day event. It reinforced TRON’s standing as a meaningful contributor to global financial infrastructure.

Sun pointed to the U.S. as a market with a well-established financial infrastructure. He argued that blockchain and AI can help expand such systems into more open digital environments.

“In markets like the US, where financial infrastructure is already strong and well established, blockchain and AI can help expand that system into a more open and programmable digital environment,” Sun said. His remarks reflected the growing convergence of traditional and decentralized financial networks.

Sun further noted that creating the right infrastructure remains the most pressing challenge ahead. He emphasized that a unified financial system must bring together the best of both worlds.

“As we look ahead, the most important challenge is building the infrastructure that allows all parts of the financial system to work together,” he stated.

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“A unified financial system will combine the strengths of traditional finance with the openness and efficiency of blockchain networks.”

TRON DAO Shapes Policy Dialogue Through Sessions and On-Site Engagement

Adrian Wall, Senior Director of U.S. Policy at TRON DAO, moderated a key Main Stage session. The session, titled “CLARITY: What It Took and What Comes Next,” examined key regulatory milestones.

It covered recent legislative developments shaping the digital asset landscape across the United States. Wall was joined by Dusty Johnson, U.S. Representative for South Dakota (R-SD).

The session gave attendees a direct look at the current U.S. digital asset regulatory environment. Both speakers addressed recent legislative progress and outlined what still lies ahead for the industry.

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Their exchange reflected ongoing efforts to establish greater regulatory clarity in the crypto space. The discussion added a policy-driven perspective to the broader summit agenda.

TRON DAO also hosted a dedicated VIP Lounge at Capital Turnaround across both days of the summit. The lounge served as a central hub for industry leaders, policymakers, and community members.

Conversations covered TRON’s ecosystem developments, policy initiatives, and the evolving regulatory landscape. The setting allowed for direct engagement beyond the formal conference sessions.

As shared across TRON DAO’s official channels, its Diamond Sponsorship reflected a firm commitment to active policy engagement.

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The organization continues to work alongside governments and institutions toward a more open financial system. TRON DAO remains focused on responsible blockchain innovation and constructive collaboration with regulators.

Its presence at the summit reflected a consistent and ongoing strategy to support the future of digital assets.

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Silver Loses 43% in Eight Weeks as Gulf War Lays Bare Its Industrial Identity Over Monetary Role

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Silver fell 43% from its $121.67 all-time high to $69.50 in under eight weeks after Gulf war shocks hit.
  • Over 60% of silver demand is industrial, leaving it exposed when energy costs and rate hike fears surged.
  • Qatar’s helium facility destruction threatens chip fab output, reducing a core source of silver packaging demand.
  • Gold dropped too but held ground as the PBOC bought for 16 straight months and 77% of central banks plan reserve increases.

Silver has dropped 43 percent since January 29, falling from an all-time high of $121.67 to $69.50 by Friday’s close. Gold also declined over the same period but found firmer ground through central bank demand.

The divergence between the two metals has raised fresh questions among commodity analysts and investors. These movements are reshaping how markets view silver’s role as both a monetary and industrial asset.

Silver’s Industrial Base Absorbs Three Simultaneous Shocks

More than 60 percent of silver demand is industrial, confirmed by JP Morgan’s commodities desk. Electronics, AI chip packaging, solar panels, and electric vehicle wiring are among its primary uses.

When hostilities closed the Strait of Hormuz, energy prices spiked and factory costs rose. Higher costs slowed industrial activity and pulled silver demand lower.

Analyst Shanaka Anslem Perera noted on social media that the divergence “is no longer a market event. It is a verdict.” The Federal Reserve now prices a 50 percent chance of a rate hike by October. The ECB and Bank of England are each repricing three or more hikes for 2026.

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Qatar’s Ras Laffan complex supplied 30 to 33 percent of global helium before Iran struck it. SK Hynix sourced 64.7 percent of its helium from that facility alone.

Helium is essential for wafer cooling and lithography in chip fabrication. Fabs are reporting two to three months of buffer supply remaining.

When helium runs short, chip production slows and silver packaging demand falls. Energy spikes, rate hike expectations, and helium shortages hit silver’s industrial base at once.

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The metal’s monetary narrative provided no shelter when factories came under economic pressure. Silver entered this environment with three demand shocks arriving simultaneously.

Gold Builds a Floor on Central Bank and Retail Demand

Gold fell from $5,589 in January to approximately $4,494 this week, but buying absorbed each drop. Chinese retail buyers cleared supplies in under 60 seconds each morning.

The People’s Bank of China extended its purchasing streak to 16 consecutive months. Chinese banks sold 600 kilograms of gold bars each morning in under a minute.

Seventy-seven percent of central banks plan to increase gold reserves, based on recent surveys. That sustained demand has built a structural floor under gold’s price.

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Silver has no central bank buyer of last resort. Its floor rests entirely on industrial consumption, which is now under strain.

Gold’s support comes from institutional policy decisions, not factory orders. Silver’s support depends on factories now facing energy shocks and helium shortages.

The war revealed a structural difference between the two metals that many investors had not previously priced in. That difference now appears lasting rather than temporary.

Rate hike expectations in the United States and Europe continue to reinforce dollar strength. A stronger dollar adds persistent pressure on metals priced in that currency.

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Silver enters this environment without central bank support. Whether industrial demand can stabilize will determine the metal’s next directional move.

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Ethereum Eyes 25% Rally as Top ETH Whales Return to ‘Profitable State’

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Ethereum Eyes 25% Rally as Top ETH Whales Return to 'Profitable State'

Ethereum’s native token, Ether (ETH), may rise by around 25% in the coming months as its richest whale group becomes profitable for the first time since early February.

Key takeaways:

  • ETH gained 25% in three months and 50% in six months on average after top whales returned to profit in past cycles.

  • Ether could rally above $2,750 by June if the on-chain whale metric signal plays out.

Whale metric signals ETH is bottoming already

The unrealized profit ratio of wallets holding more than 100,000 ETH has flipped back above zero, according to data resource CryptoQuant. In other words, this whale cohort is no longer sitting on aggregate paper losses.

ETH whales unrealized profit ratio (100K+). Source: CryptoQuant

In the past, similar transitions to a “profitable state marked the starting point of an uptrend,” said on-chain analyst CW.

ETH delivered nearly 25% returns on average three months after the whale ratio flipped to positive. Similarly, its price gained roughly 50% after six months and 300% after a year into the signal.

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The price behavior suggests that once top ETH whales return to aggregate profit, they face less pressure to sell defensively. At the same time, the shift can strengthen broader market confidence by signaling renewed conviction among the richest ETH holders.

ETH may head toward the $2,750 area by June and to over $3,200 by September if the historical post-signal pattern holds.

Related: Early Ethereum whale rebuilds stack with $19.5M in ETH buys

Still, the whale ratio metric is not flawless. In 2018, for instance, ETH dropped 17.5% in the month after a similar flip and eventually tumbled nearly 70%.

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Onchain data caps Ether’s upside at $2,640

Another on-chain signal is reinforcing Ethereum’s recovery case.

Glassnode data shows ETH rebounding from its lowest MVRV deviation band (blue), a setup similar to Q2 2022 and Q2 2025, when price recovered from undervalued levels and climbed back above realized price.

ETH MVRV extreme deviation pricing bands. Source: Glassnode

At current rates, ETH remains below its realized price (purple) at $2,353, which remains the first key recovery level. A break above that threshold could open the door toward the -0.5 sigma band (teal) near $2,640.

On the downside, failure to reclaim realized price could keep ETH exposed to a retest of the lowest deviation band near $1,651.

Ethereum’s technicals reiterate rally above $2,600

From a technical perspective, ETH has broken above its ascending triangle pattern and is now pulling back toward the former resistance trendline.

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Such retests are common after breakouts, as markets often revisit the breakout level to confirm it has flipped into new support.

ETH/USD daily chart. Source: TradingView

Ether could resume its recovery toward the triangle’s measured upside target at around $2,625 or higher if the upper trendline holds as support.

That level also sits within the broader on-chain recovery range outlined by Glassnode’s MVRV bands, adding confluence to the bullish setup.

A failed retest, on the other hand, would weaken the breakout structure and risk sending ETH back toward the lower support zone near $1,950-$2,000.