| Mobile Web

All articles List

Crypto

Charles Hoskinson says Ripple should use some profits to buy back XRP

Cardano founder Charles Hoskinson renewed criticism of Ripple's handling of XRP, arguing the company should create a structure to buy XRP in the market using part of its profits. He said such buybacks could make XRP a more attractive asset and that profits should be directly tied to XRP. Hoskinson said Ripple lacks financial and legal reasons to share wealth with holders. Ripple has disclosed XRP purchases since at least 2020 to support ODL operations and market liquidity.

Finance

Door opens for single-stock ETFs; will semiconductor concentration grow?

Single-stock leveraged exchange-traded funds are nearing launch in South Korea, with listing expected on May 22, the financial investment industry said. Products tracking an individual stock’s return at twice the daily rate, and possibly inverse products, will be allowed. Eligibility is limited to stocks meeting market-cap and trading-volume thresholds, which currently only Samsung Electronics and SK Hynix satisfy. Market participants warn the new products could intensify flows into large semiconductor shares and increase risks associated with leverage.

AI & Enterprise

Nexth joins global AAIF group to discuss AI agent standardisation

Nexth said on April 29 it will join the Agentic AI Foundation (AAIF), a global cooperation network aimed at expanding artificial intelligence agent technology. AAIF, under the Linux Foundation, was set up to promote interoperability and standardisation for AI agents, with more than 100 technology companies participating. Nexth said it has formalised a partnership with Tron’s B.AI project and is applying Coinbase’s x402 and the on-chain standard ERC-8004.