Here are the top three news stories over the past weekend presented to you by U.Today. 

Jed McCaleb speaks out about XRP sales

In a recent X post, Jed McCaleb, cofounder of Ripple, addressed the claims that his XRP sales intended to harm investors. McCaleb explained that he told the Ripple community that he was leaving the company since he no longer believed in the project. The crypto mogul noted that he announced his departure before selling his XRP to let people front-run him. "The alternative was to sell without telling people. Is that better?" he added. As a reminder, McCaleb received 9 billion XRP back in 2012, when Ripple was founded. A year later, he left Ripple and cofounded Stellar. In 2014, McCaleb reached an agreement with Ripple to gradually sell his tokens, with his initial sales being restricted to $10,000 per week. By 2022, McCaleb eventually sold all of his XRP, amassing $3.2 billion in the process. 

Related
Thu, 03/20/2025 - 16:00 New Key Date for XRP Holders Just Emerged
Alex Dovbnya
HOT Stories Top Bitcoin Critic Reveals 'Only Scenario' Where Crypto Doesn't Crash 1 Million Bitcoin Prediction Made by Max Keiser Is Cardano Still at Risk of Death Cross? On-Chain Data Shares Insight Bitcoin Faces ‘Great Reset’ Risk, Mike McGlone Warns

Binance to delist 5 cryptocurrencies

On Friday, March 21, Wu Blockchain's X account reported that Binance, the world's largest crypto exchange, announced the delisting of five digital assets: Aergo (AERGO), AirSwap (AST), BurgerCities (BURGER), COMBO (COMBO) and Linear Finance (LINA). The exchange made this decision following its regular assessment of the asset's compliance with industry standards. The aforementioned cryptocurrencies will be removed from all spot trading pairs on March 28, 2025, with exchange ceasing withdrawals of these tokens after March 27, 2025, at 3:00 a.m. UTC; thus, users are advised to manage their holdings before these deadlines. Additionally, Binance revealed plans to launch a Vote to Delist function that would let the public vote on which projects should be delisted. 

SHIB burns record mysterious 771,019% surge – What's happening?

The SHIB community was stunned by a six-digit increase in the Shiba Inu burn rate that took place on Saturday, March 22. According to a post by Shibburn X account, the aforementioned metric surged by an astonishing 771,019% over the course of 24 hours, with 18,684,231 SHIB destroyed as a result of this incineration. The largest burn transaction involved 16,035,545 SHIB sent to an unspendable wallet, followed by another removal of 1,070,154 SHIB from circulation. However, the destroyed SHIB batch does not quite match such a massive spike in the burn rate. The explanation might be that a larger burn transaction occurred, but neither the Shibburn website nor the Shibburn X handle has recorded it on the burn transfer list. Meanwhile, according to the weekly burn statistics, the community has burned a total of 74,896,709 SHIB over the past week, with the burn rate dropping by 86.04%.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。