This news report focuses on XRP's recent price stability and gains. It highlights the correlation between Ripple CEO Brad Garlinghouse's participation in a White House Summit and positive market sentiment. The article notes significant XRP outflows from Binance, suggesting long-term accumulation by investors. It further analyses technical indicators, suggesting potential for both upward momentum and short-term pullbacks. The piece suggests the market anticipates policy updates from the summit and is positioning accordingly. Ultimately, the report advises caution due to potential volatility amidst speculation surrounding regulatory frameworks and digital asset reserves.

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US authorities have seized cryptocurrency linked to a significant theft from a Ripple wallet, suspecting the attackers exploited data from the 2022 LastPass breach. Investigators believe the hackers decrypted password vaults stolen during the LastPass incident to extract private keys. These keys allegedly allowed them to access and steal cryptocurrency from victims, with the seized funds traced to various cryptocurrency exchanges. The Justice Department's complaint aligns the Ripple theft with the LastPass breach and similar crypto heists. LastPass claims they are co-operating with law enforcement but haven't been informed of any conclusive evidence linking crypto thefts to their security incident.

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Donald Trump convened a summit with cryptocurrency leaders at the White House to discuss his vision of the United States becoming the world's "crypto capital." The meeting followed Trump's executive order establishing a strategic cryptocurrency reserve, intended to serve as a "digital Fort Knox." Industry figures expressed optimism about Trump's approach to digital assets but voiced differing opinions on the composition of the reserve, particularly whether it should extend beyond Bitcoin. Concerns were also raised regarding potential conflicts of interest arising from Trump's personal crypto ventures. The discussion also considered the need for regulatory clarity within the digital asset space to foster further growth and innovation. Attendees hoped for a collaborative regulatory framework that would encourage the mainstream adoption of cryptocurrencies.

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