Crypto Chaos: McCaleb’s XRP Drama, Binance’s Shocking Cuts, and SHIB’s Wild Burn!

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Ah, dear reader, gather ’round as we delve into the tumultuous world of cryptocurrency, where fortunes are made and lost faster than a Russian winter can freeze your toes. Here, we present the top three tales from the weekend, as narrated by the ever-watchful U.Today.

Jed McCaleb Speaks Out About XRP Sales

In a recent post on X, the illustrious Jed McCaleb, cofounder of Ripple, took to the digital stage to address the uproar surrounding his XRP sales, which some claim were akin to a wolf in sheep’s clothing, preying on unsuspecting investors. McCaleb, with a flair for the dramatic, proclaimed that he had informed the Ripple community of his departure, citing a loss of faith in the project. “I could have sold in silence, but w 🎩💰

Binance to Delist 5 Cryptocurrencies

On the fateful day of March 21, the mighty Binance, the titan of crypto exchanges, announced it would be delisting five digital assets: Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO), and Linear Finance (LINA). This decision, made after a thorough examination of compliance—because who doesn’t love a good compliance check?—will see these cryptocurrencies vanish from the trading floor by March 28, 2025. Users are advised to manage their holdings before the clock strikes three on March 27, lest they find themselves holding digital ghosts. In a twist of irony, Binance plans to introduce a Vote to Delist function, allowing the public to decide which projects should meet their untimely demise. Democracy in action, folks! 🗳️💔

SHIB Burns Record Mysterious 771,019% Surge – What’s Happening?

And now, for the pièce de résistance: the SHIB community was left agog by a staggering surge in the Shiba Inu burn rate, which skyrocketed by an unfathomable 771,019% on March 22. According to the Shibburn X account, a jaw-dropping 18,684,231 SHIB were incinerated in a single day. The largest transaction involved a whopping 16,035,545 SHIB sent to an unspendable wallet—because who doesn’t love a good mystery? The explanation for such a dramatic spike remains elusive, as neither the Shibburn website nor its X handle has recorded the larger burn transaction that might have triggered this frenzy. Meanwhile, the community has burned a total of 74,896,709 SHIB over the past week, with the burn rate plummeting by 86.04%. It seems even the SHIB community is subject to the whims of fate! 🔥🐕

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2025-03-24 19:18