{"id":483525,"date":"2025-06-04T17:24:33","date_gmt":"2025-06-04T16:24:33","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=483525"},"modified":"2025-06-04T17:24:33","modified_gmt":"2025-06-04T16:24:33","slug":"xrpl-faces-scam-influx-amid-institutional-interest-boom","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/","title":{"rendered":"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/dubai-chooses-xrp-ledger-to-power-new-real-estate-tokenization-initative\/\">Institutional interest in the XRP Ledger (XRPL)<\/a> continues to grow, as does the number of scams exploiting the ecosystem.<\/p>\n<p>On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on <a href=\"https:\/\/cryptoslate.com\/xrp-ledger-sharpens-competitive-edge-with-fresh-stablecoin-additions-of-europ-usdb-and-xsgd\/\">the blockchain network's growing visibility.<\/a><\/p>\n<p>In the X post, Mekras <a href=\"https:\/\/x.com\/panosmek\/status\/1930008384134054094\">warned<\/a> the community about the influx of low-effort projects aiming to deceive retail participants. He emphasized that many of these projects launch tokens and host presales without any functional product or viable roadmap.<\/p>\n<p>Mekras pointed out that these XRPL-based ventures offer little more than flashy websites, vague promises, and aggressive marketing tactics.<\/p>\n<p>He added that some of these projects even present roadmaps that delay delivery of simple products for over a year or list centralized exchange (CEX) listings and influencer campaigns as key milestones.<\/p>\n<p>Mekras said:<\/p>\n<blockquote><p>&#8220;Sceptical of any project launching a token and doing presales, especially if they don't have a working product or anything to prove.&#8221;<\/p><\/blockquote>\n<p><a href=\"https:\/\/cryptoslate.com\/companies\/ripple\/\">Ripple<\/a> CTO <a href=\"https:\/\/cryptoslate.com\/people\/david-schwartz\/\">David Schwartz<\/a> also <a href=\"https:\/\/x.com\/JoelKatz\/status\/1930128456580509907\">addressed<\/a> the issue, affirming that open ecosystems are vulnerable to bad actors due to the ease of launching low-effort scams.<\/p>\n<p>He stated:<\/p>\n<blockquote><p>&#8220;Mathematically, this almost has to be true of almost any open ecosystem. It's just so much easier to create a scam than something real.&#8221;<\/p><\/blockquote>\n<p>However, Mekras pointed out that <a href=\"https:\/\/cryptoslate.com\/xrp-ledger-transaction-volume-dips-in-may-as-institutional-interest-rises\/\">XRPL currently lags behind other rivals<\/a> in quality development.<\/p>\n<p>For context, he <a href=\"https:\/\/x.com\/panosmek\/status\/1930010471941452194\">noted<\/a> that rival platforms like Avalanche host dozens of high-quality dApps and hold billions in total value locked (TVL), while XRPL is struggling with a lack of solid, usable projects.<\/p>\n<p>He said:<\/p>\n<blockquote><p>&#8220;We lack quality products and builders in this ecosystem, so we need to change this.&#8221;<\/p><\/blockquote>\n<h2>Ripple is building a financial system<\/h2>\n<p>Despite these risks, Schwartz outlined a long-term vision for XRPL as a foundational layer for global finance.<\/p>\n<p>He stated:<\/p>\n<blockquote><p>&#8220;You could consider the XRPL together with other things Ripple has built to be a financial system. I hope over the next few years it can provide a significant fraction of the financial services that people need every day from payments to investments to loans.&#8221;<\/p><\/blockquote>\n<p>He explained that <a href=\"https:\/\/cryptoslate.com\/coins\/xrp\/\">XRP<\/a> will be central to this ecosystem for payments, liquidity, trading, and settlement.<\/p>\n<p>According to Schwartz:<\/p>\n<blockquote><p>&#8220;XRP has a privileged place on XRPL. It's the only asset that any account can receive. It's the only asset without a counterparty. Pathfinding checks for XRP liquidity first. Autobridging makes offers to and from XRP more likely to be taken. It's the only asset you can pay transaction fees with.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network&#8217;s growing visibility. In the X post, Mekras [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":483533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,107,77968,37,76736,6849],"tags":[74979,72399,79231,78137],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRPL faces scam influx amid institutional interest boom<\/title>\n<meta name=\"description\" content=\"XRP Ledger&#039;s (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role\" \/>\n<meta property=\"og:description\" content=\"XRP Ledger&#039;s (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-04T16:24:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/xrpl-projects-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/hardeyjumoh\",\"https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo\",\"https:\/\/muckrack.com\/oluwapelumi-adejumo\"]},\"headline\":\"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role\",\"datePublished\":\"2025-06-04T16:24:33+00:00\",\"dateModified\":\"2025-06-04T16:24:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\"},\"wordCount\":437,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"Ripple\",\"xrp\",\"XRP Ledger\",\"XRPL\"],\"articleSection\":[\"Adoption\",\"Culture\",\"Featured\",\"Technology\",\"Tokenization\",\"Trading\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\",\"url\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\",\"name\":\"XRPL faces scam influx amid institutional interest boom\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-06-04T16:24:33+00:00\",\"dateModified\":\"2025-06-04T16:24:33+00:00\",\"description\":\"XRP Ledger's (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6\",\"name\":\"Oluwapelumi Adejumo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"description\":\"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.\",\"jobTitle\":\"Reporter\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"XRPL faces scam influx amid institutional interest boom","description":"XRP Ledger's (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/","og_locale":"en_US","og_type":"article","og_title":"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role","og_description":"XRP Ledger's (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.","og_url":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/","og_site_name":"CryptoSlate","article_published_time":"2025-06-04T16:24:33+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/06\/xrpl-projects-.jpg","type":"image\/jpeg"}],"author":"Oluwapelumi Adejumo","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Oluwapelumi Adejumo","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person","name":"Oluwapelumi Adejumo","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg","caption":"Oluwapelumi Adejumo"},"jobTitle":"Senior Reporter","description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/hardeyjumoh","https:\/\/www.linkedin.com\/in\/oluwapelumi-adejumo","https:\/\/muckrack.com\/oluwapelumi-adejumo"]},"headline":"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role","datePublished":"2025-06-04T16:24:33+00:00","dateModified":"2025-06-04T16:24:33+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/"},"wordCount":437,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["Ripple","xrp","XRP Ledger","XRPL"],"articleSection":["Adoption","Culture","Featured","Technology","Tokenization","Trading"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/","url":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/","name":"XRPL faces scam influx amid institutional interest boom","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-06-04T16:24:33+00:00","dateModified":"2025-06-04T16:24:33+00:00","description":"XRP Ledger's (XRPL) development lags as scams proliferate, sparking warnings from high-profile Ripple figures.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/xrpl-faces-scam-influx-amid-institutional-interest-boom\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/b333928a322ba4c082e8bb2ad0f14eb6","name":"Oluwapelumi Adejumo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-150x150.jpg","caption":"Oluwapelumi Adejumo"},"description":"Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.","jobTitle":"Reporter","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/483525"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/720"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=483525"}],"version-history":[{"count":3,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/483525\/revisions"}],"predecessor-version":[{"id":483548,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/483525\/revisions\/483548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/483533"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=483525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=483525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=483525"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=483525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}