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Nasdaq-listed Worksport announced it would invest 10 per cent of its cash reserves in bitcoin and XRP, up to a maximum of $5 million. CEO Steven Rossi said the move was aimed at fighting inflation and making trading more efficient. More than a dozen companies have announced purchases of bitcoin since Trump's election, but Worksport's choice to deploy XRP at the same time is rare. Rossi, a long-time owner of XRP, believes XRP is gradually stabilising and emphasizes the importance of decentralized...
Rho Markets, a decentralized financial protocol, went back online last week after an Oracle misconfiguration issue caused the MEV bot to steal $7.60 million worth of stablecoins from the protocol. The MEV bot team entity then returned the funds, but wanted the Rho Markets team to acknowledge that it was not a hack or exploit.
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