Ripple offers a $5 billion acquisition bid for Circle – details reveal rejection

Ripple, a company specializing in blockchain payment solutions, made a massive offer ranging from $4 to $5 billion to acquire "Circle", the primary issuer of the USDC stablecoin, but the offer was rejected as insufficient.

According to a report by Bloomberg on April 30, this offer came less than 30 days after "Circle" submitted its request for an initial public offering in the United States. No comments have been issued by either company at the time of the report's publication.

The market value of "Ripple" is estimated at around $11 billion in 2024, although CEO Brad Garlinghouse described this estimate as "old." "Ripple" had acquired the brokerage "Hidden Road" for $1.2 billion in April, in a move aimed at expanding its operations related to XRP and its network.

Massive social engineering scam steals $330 million in Bitcoin – victim is an elderly American

An elderly person in the United States became a victim of a sophisticated social engineering scam that led to the theft of 3,520 Bitcoins, equivalent to about $330.7 million, in one of the five largest cryptocurrency hacks ever.

Digital investigator "ZachXBT" revealed on April 30 that the theft occurred on April 28, 2025. After the hack, the stolen amount was quickly passed through more than six instant exchanges, then converted to the privacy-focused currency "Monero" (XMR).

Chain data showed that the victim had held over 3,000 Bitcoins since 2017 without making any significant previous transfers, indicating precise and professional targeting.

The hacker used a "Peel Chain" method to split the large amount into small, hard-to-track portions, according to researcher "Yehor Rodytsia" from Hacken. The funds were directed to over 40 different wallets through multiple mixing processes.

US Court: Sanctions on Tornado Cash Cannot Be Reimposed

In a ruling issued on April 28, federal judge in Austin, "Robert Pitman", determined that the Office of Foreign Assets Control (OFAC) of the US Treasury Department cannot reimpose sanctions on the Tornado Cash platform.

The judge explained that the sanctions previously imposed by OFAC on the platform were illegal and issued a permanent order preventing the office from imposing any future sanctions on it.

The platform was placed on the US sanctions list in August 2022, allegedly for assisting the North Korean "Lazarus" group in laundering stolen funds. In March 2024, Tornado Cash was removed from the list after a court ruling in its favor.

The Securities and Exchange Commission delays its decisions on ETFs for XRP and Dogecoin

The US Securities and Exchange Commission (SEC) has delayed its decision on approving proposed exchange-traded funds (ETFs) for both "Dogecoin" and "XRP."

According to documents reviewed by "Cointelegraph", the deadline has been extended to June, in response to requests from the NYSE Arca and Cboe BZX exchanges to list the Bitwise Dogecoin and Franklin Templeton XRP funds.

On the same day, the "Nasdaq" exchange submitted a separate request to list another Dogecoin fund managed by 21Shares.

It is worth noting that Dogecoin is the most famous meme currency in the world with an estimated market value of around $26 billion, while the market value of XRP is about $133 billion, according to CoinGecko data.

about $133 billion, according to CoinGecko data.

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