Posted on Leave a comment

XRP Wallets Linked to Chris Larsen Turn Active Before Midterms

XRP Wallets Linked to Chris Larsen Turn Active Before Midterms

Ripple co-founder Chris Larsen has recently reactivated his XRP wallets, drawing the crypto community’s attention just before Tuesday’s Texas Democratic primary runoff. The renewed on-chain activity comes at a politically significant moment, adding to speculation about his intentions.

According to blockchain data from XRPScan, Larsen holds approximately 2.58 billion XRP across eight addresses, making his holdings one of the largest individual cryptocurrency positions. At the current price near $1.35, this stash is valued at around $3.5 billion.

Earlier in January 2025, wallets that had been dormant for over six years suddenly moved more than $109 million worth of XRP to major exchanges like Coinbase, Bitstamp, and Bybit. Later, in July 2025, on-chain analyst ZachXBT identified additional transfers totaling $140 million from Larsen-linked addresses during a period when XRP was trading near its all-time high above $3.40.

ZachXBT noted on X in July 2025 that a wallet tied to Larsen had transferred 50 million XRP worth $175 million to four addresses, with roughly $140 million ending up at exchanges or services. Larsen has not publicly commented on the latest activity as of this writing.

It remains unclear whether these recent transactions are precursor to further exchange deposits or routine internal wallet management. The timing, however, aligns with ongoing legislative discussions, including the Clarity Act moving through Congress, which could significantly impact XRP. Crypto.news has previously reported on Ripple CEO Brad Garlinghouse’s advocacy for the bill and its particular relevance to XRP’s regulatory status.

Posted on Leave a comment

Fairshake Crypto PAC Drops $5M on Texas Runoff for Menefee

Fairshake Crypto PAC Drops $5M on Texas Runoff for Menefee

A super PAC linked to the cryptocurrency industry has injected $5 million into a Texas congressional runoff election scheduled for Tuesday. Protect Progress, an affiliate of the Fairshake PAC, allocated the funds to support Democrat Christian Menefee while spending an additional $2.8 million to oppose incumbent Congressman Al Green, according to recent Federal Election Commission filings. Fairshake entered 2026 with approximately $193 million in available funds.

Prediction markets are heavily favoring Menefee, with Kalshi giving him a 91% chance of victory and Polymarket showing similar odds. Meanwhile, the parallel Republican Senate primary runoff between Ken Paxton and John Cornyn has attracted over $16 million in betting volume, with Paxton holding around 96% probability following an endorsement from former President Donald Trump.

Green has emerged as a vocal critic of digital assets on Capitol Hill, voting against both the GENIUS Act stablecoin legislation and the Clarity Act. He received an F rating from the advocacy group Stand With Crypto. In a House floor speech, Green declared himself an unbought Democrat and accused Menefee of striking a deal with the devil by accepting PAC money. Fairshake, primarily funded by Ripple Labs and Coinbase, also gained support from the Blockchain Leadership Fund, backed by Anchorage Digital and Chainlink Labs, in the race. Menefee first entered Congress through a special election in January 2026 and quickly became the industry’s favored candidate over Green.

The outcome in Texas is being closely watched as a bellwether for how effectively pro-crypto political spending can influence congressional races in closely contested districts, especially given the compressed legislative timeline ahead of the 2026 midterms.

Posted on Leave a comment

Paul Graham: Warren’s Anti-Crypto Stance Benefited No One

Paul Graham: Warren's Anti-Crypto Stance Benefited No One

Paul Graham, the renowned venture capitalist and Y Combinator co-founder, has publicly declared that Senator Elizabeth Warren’s aggressive opposition to cryptocurrency was a significant misstep for the Democratic Party. In a recent statement on social media, Graham described Warren’s campaign as a ‘pure own-goal,’ emphasizing that it failed to impede the industry’s progress while alienating a key demographic of voters and donors who could have supported Democrats.

Warren’s decision not to seek reelection in 2026 comes as the regulatory landscape she once fought to shape has shifted dramatically in favor of crypto. Graham pointed out that her efforts had little effect on the industry’s trajectory, which continued to gain mainstream acceptance despite political headwinds. He highlighted that the anti-crypto stance cost Democrats credibility and support from a growing community that had previously leaned left.

Graham’s critique aligns with his earlier views on regulatory overreach. He previously called former SEC Chair Gary Gensler’s approach ‘really stupid,’ arguing that it stifled legitimate businesses like Coinbase while allowing fraudulent entities like FTX to operate unchecked. This, he noted, forced compliant companies to move overseas or halt innovation, undermining the very goals regulation intended to achieve.

The timing of Graham’s remarks coincides with a broader shift in crypto regulation. In 2025, industry political action committees spent over $193 million on congressional races, contributing to the passage of the GENIUS Act and the progress of the Clarity Act through the Senate Banking Committee with bipartisan support. These developments reflect a growing recognition that earlier enforcement strategies, focused on securities classifications, were misdirected.

Recent data underscores this transformation: Anti-money laundering fines in the crypto sector exceeded $900 million in the first half of 2025, while SEC enforcement actions dropped by 97%. This pivot in regulatory priorities validates arguments that Warren-era tactics targeted the wrong pressure points, as AML compliance has become the central concern for the industry.

In essence, Graham contends that Warren’s war on crypto was not only ineffective but also politically damaging—a lesson for policymakers who underestimate the resilience and influence of the digital asset ecosystem.

Posted on Leave a comment

Olise Names Top Players for World Cup 2026: No Ronaldo, Prefers Messi

Olise Names Top Players for World Cup 2026: No Ronaldo, Prefers Messi

As the 2026 World Cup draws near, Bayern Munich’s Michael Olise has disclosed his picks for the best players from several powerhouse nations, offering a fresh perspective on the tournament’s standout talents. In a recent Instagram interaction with FC Bayern Esports, the French international shared his choices, sparking debate among fans.

Olise, who is set to represent France after a stellar season with Bayern, highlighted England’s Harry Kane and Germany’s Joshua Kimmich as their respective country’s finest, both of whom are his club teammates. For Spain, he selected the rising star Lamine Yamal, while Argentina’s Lionel Messi earned his nod as the reigning champions’ top player.

However, when it came to Portugal, Olise bypassed the legendary Cristiano Ronaldo, opting instead for Bruno Fernandes. This decision reflects Ronaldo’s declining influence at the international level, as Fernandes has become Portugal’s creative hub. Olise admitted uncertainty regarding Brazil’s best player, simply responding, “I don’t know.”

Messi and Ronaldo are both preparing for what could be their final World Cup appearances, with Argentina aiming to defend their title and Portugal seeking to dethrone them. Olise, coming off an impressive campaign with 22 goals and 31 assists, hopes to make his own mark in the tournament hosted across the United States, Canada, and Mexico.

Posted on Leave a comment

Sunderland Join Growing List of EPL Suitors for Millwall Star Azeez

Sunderland Join Growing List of EPL Suitors for Millwall Star Azeez

The race to secure the signature of Millwall’s standout winger, Femi Azeez, has intensified, with Sunderland emerging as the newest Premier League club to register their interest. According to reports, the Black Cats have entered the fray, adding to an already impressive list of top-flight admirers.

Azeez, who is 24 years old, has had a stellar season in the Championship, finding the back of the net 11 times and providing assists on eight occasions in 37 league appearances for the Lions. His consistent displays earned him a spot in the Championship Team of the Season, further boosting his reputation as one of the second tier’s most exciting talents.

Earlier links highlighted interest from several Premier League clubs, including Everton, Brentford, Crystal Palace, Brighton, and Fulham. Now, Sunderland have joined the chase, indicating the widespread appeal of the former Reading academy product.

Millwall, however, are under no pressure to sell and are expected to hold out for a significant offer. Reports suggest that the club will only entertain bids in the region of €20 million for the in-form winger, a price tag that reflects his growing value in the transfer market.

Posted on Leave a comment

Wayne Rooney Hails Viktor Gyokeres as Premier League’s Best Signing

Wayne Rooney Hails Viktor Gyokeres as Premier League's Best Signing

Former Manchester United star Wayne Rooney has identified Arsenal striker Viktor Gyokeres as the standout acquisition in the Premier League this season. The Sweden international joined the Gunners from Sporting CP last summer and has been instrumental in their title triumph.

Speaking on his BBC podcast, Rooney highlighted Gyokeres’ impact, stating that the forward provided exactly what Arsenal needed. He acknowledged that while Granit Xhaka performed admirably for Sunderland, Gyokeres’ contributions were pivotal.

Rooney emphasized that Arsenal had finished second in the previous three campaigns, and Gyokeres brought a fresh dimension to their attack. This difference proved crucial in helping them secure the league crown. According to Rooney, the striker’s arrival was a significant factor in Arsenal’s success.

Posted on Leave a comment

Chris Waddle Urges Carrick to Offload Two Man United Stars

Chris Waddle Urges Carrick to Offload Two Man United Stars

Chris Waddle, the former Newcastle United midfielder, has recommended that Manchester United manager Michael Carrick part ways with two specific players during the upcoming summer transfer window. Carrick is gearing up for his first opportunity to reshape the squad after officially becoming the club’s permanent boss.

According to the ex-Premier League star, the Red Devils need to release Joshua Zirkzee and Rasmus Hojlund to make room for new additions. Waddle, speaking with BoyleSports, stressed that the club must also move several other players to reduce the wage bill. He highlighted that Casemiro is already on his way out, but more departures are necessary.

“There are another five or six players that need to be offloaded to free up funds for Carrick to bring in the right personnel,” Waddle said. The comments come as the English manager prepares for a significant rebuild at Old Trafford.

Posted on Leave a comment

Remo Stars Pledge Speedy Return to NPFL After Relegation

Remo Stars Pledge Speedy Return to NPFL After Relegation

Remo Stars have expressed their deep disappointment after being relegated from the Nigeria Premier Football League (NPFL). The Sky Blue Stars ended the season in 17th place, amassing 47 points, which was insufficient to avoid the drop.

The club acknowledged that they fell short of the required standards and consistency needed to remain in the top division. In an official statement released on Monday, Remo Stars confirmed their participation in the Nigeria National League (NNL) next season.

“The outcome of the season is very disappointing for everyone connected to the club—supporters, players, staff, and management who have invested emotions into this journey,” the statement read. The club recognized the frustration this season has caused, noting that expectations are high within the organization.

“We understand the disappointment and frustration this season has brought; the expectations attached to this club are high. We didn’t deliver the performance and consistency required to maintain our place in the division.”

Despite the setback, the team remains resolute. “Important decisions will be made and every effort will be directed towards returning the club to where it belongs,” they vowed.

It is worth recalling that Remo Stars won the NPFL title just one season ago, in the 2024-25 campaign, making this relegation an especially bitter pill to swallow.

Posted on Leave a comment

Chelle braces for tough Unity Cup clash with Zimbabwe

Chelle braces for tough Unity Cup clash with Zimbabwe

Super Eagles head coach Éric Chelle says he is expecting a challenging encounter when Nigeria takes on Zimbabwe in the Unity Cup semi-finals. The match is scheduled for Tuesday night at the Valley in London, with the winner advancing to face either Jamaica or India.

Nigeria and Zimbabwe have played to draws in their most recent meetings, and Chelle believes the upcoming game will be no different in terms of difficulty. The Nigerian tactician praised the Warriors, describing them as a formidable side packed with quality players and high motivation.

“Zimbabwe is a great team, a great team with strong players. They come with a lot of motivation. They want to win,” Chelle said during his pre-match remarks. He emphasized that his squad must be at their best to overcome the determined Zimbabwean outfit.

The Unity Cup is an invitational tournament, and both teams see it as an opportunity to test their strength and build momentum. For Nigeria, advancing to the final would be a significant step under Chelle’s leadership, but the coach is fully aware that Zimbabwe will pose a serious threat.

Posted on Leave a comment

Evans Ogenyi Confident Wikki Tourists Will Return Strong After NPFL Relegation

Evans Ogenyi Confident Wikki Tourists Will Return Strong After NPFL Relegation

Evans Ogenyi, the technical adviser of Wikki Tourists, has expressed unwavering confidence that the Bauchi Elephants will make a swift comeback to the Nigeria Premier Football League (NPFL) following their demotion to the Nigeria National League (NNL).

The team’s relegation was confirmed after a disappointing 3-1 loss to Kun Khalifat FC on the final day of the 2025-26 season in Owerri on Sunday. Wikki Tourists finished at the bottom of the NPFL standings with just 40 points, sealing their fate.

Ogenyi took responsibility for the poor campaign and extended a heartfelt apology to the club’s supporters. He drew inspiration from other big clubs that have faced similar setbacks and successfully bounced back. “Big clubs experience relegation, but with strong character and determination, they return immediately. The same will happen with Wikki Tourists,” Ogenyi stated in a message to the club’s media.

Wikki Tourists were not alone in their relegation struggle this season. Bayelsa United, El-Kanemi Warriors, and defending champions Remo Stars also suffered the same fate, making it a particularly competitive and brutal campaign at the bottom of the table.

Despite the setback, Ogenyi remains optimistic about the future. He emphasized the need for resilience and a structured plan to ensure the team regains its NPFL status in the shortest possible time. The club’s focus now shifts to rebuilding and preparing for the challenges of the NNL.