Ripple -Circle Deal Could Shake the Crypto World, Says Legal Expert
Ripple is reportedly in a heated race with Coinbase to acquire Circle, with Ripple currently leading the bid at a valuation between $9 billion and $11 billion, according to sources cited by Paul Barron on X. However, legal experts are sounding the alarm. Gabriel Shapiro, founder of MetaLeX Labs, warns that if Ripple succeeds, the acquisition could trigger what he calls a “crypto apocalypse.” Shapiro argues that Ripple gaining control over Circle could distort market competition, potentially breaching antitrust regulations. “Ripple becoming the dominant issuer across blockchains would be catastrophic and uncompetitive,” he stated, citing the company's history of using its influence to undermine rivals. He advised Circle to seriously consider the antitrust implications and prioritize shareholder interests under the Revlon doctrine.
Satoshi Nakamoto Rises in Billionaire Rankings as $Bitcoin Hits $111K
Bitcoin’s latest price rally has propelled its enigmatic creator, Satoshi Nakamoto, even higher among the world’s wealthiest individuals. As BTC surged past $110,000—reaching a peak of $111,888 on Bitstamp—Bitcoin historian Pete Rizzo noted that Nakamoto’s estimated 1.1 million BTC holdings now value around $122 billion. This places him above NVIDIA CEO Jensen Huang, earning him the 11th spot on the global rich list. While Nakamoto’s identity remains a mystery, his financial impact continues to grow. Should Bitcoin’s upward momentum persist, he could soon find himself among the top 10 richest individuals, alongside names like Zuckerberg and Buffett.
$SHIB Exec Issues Urgent Scam Alert to Community
Lucie, the marketing head at Shiba Inu, recently took to X to caution the SHIB community about the increasing number of scams and impersonation attempts. She emphasized that scammers are active across social media platforms and often hijack celebrity or influencer accounts to spread false information. Lucie advised users to cross-check any news or updates through Shiba Inu’s official channels and to reach out to her via email for verification. Her closing message was clear: stay cautious, rely only on verified sources, and don’t fall for misleading narratives.