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Crypto

Changpeng Zhao to abandon public wallet after spam token cleanup sparks $30 million meme coin spike

Binance founder Changpeng Zhao (창펑 자오) plans to shut down his public wallet after an attempt to clear spam tokens triggered market confusion. Token burns from his BNB Chain wallet were read as an on-chain signal, sending the price of a near-inactive token up more than 30,000 percent and lifting its market value from $40,000 to $30 million. Zhao said he was testing the Trust Wallet app. He will donate assets to Giggle Academy and stop using the address.

Finance

Danal posts 115.4 billion won first-half revenue, eyes global payments and stablecoin expansion

Danal said in a filing on Thursday it posted first-half revenue of 115.4 billion won and operating profit of 3.0 billion won on a consolidated basis. On a separate basis, it reported revenue of 92.8 billion won and operating profit of 6.9 billion won. The company expanded its payments business, increased transactions in retail, culture and leisure, and continued investment in new businesses including stablecoins and a foreigner payment platform.

Crypto

Ripple-linked wallet moves 50 million XRP, some to Binance

A Ripple-linked address moved 50 million XRP to a new wallet, and 1 million of the tokens were later transferred to a wallet linked to Binance, according to on-chain data cited by The Crypto Basic. The transaction followed earlier smaller transfers from the same address. The new receiving address is described as unverified but shows links to Ripple through activation history. Market attention is on whether the 1 million transfer leads to selling, while XRP price action remains weak and derivatives indicators show caution signals.