'Warren Buffet Trashes Bitcoin': Robert Kiyosaki Names 2 Reasons Why He's Wrong

The x402 ecosystem has become one of the hottest new trends in crypto, but security experts are sounding the alarm. GoPlus Security, a leading blockchain risk-analysis platform, has released a detailed report showing that many early x402-based tokens carry severe security issues that could easily lead to user losses.

Now, traders are left wondering: is x402 the next breakthrough or the next big mistake?

What Exactly Is x402?

x402 is an open payment protocol inspired by the old Internet status code HTTP 402, Payment Required. The idea behind x402 is simple, i.e, allow apps, platforms, and wallets to send and receive small payments directly, without depending on traditional payment systems.

The protocol has gained huge attention because it is backed by major companies like Coinbase and Google, and its ecosystem has quickly expanded with new apps and hundreds of meme-style tokens.

This fast expansion, however, has created a new problem, security gaps everywhere.

Why Early x402 Projects Carry Major Risks

According to GoPlus, many early x402 tokens show the same worrying patterns seen in past exploit cases. AI security scans reveal issues like unlimited minting, excessive developer permissions, honeypot behaviors, and even signature-replay flaws, meaning attackers could reuse old approvals to drain wallets.

However, these problems are not theoretical, it’s the real incidents that have already happened. A cross-layer x402 protocol was exploited on October 28, draining USDC from over 200 wallets in one swift attack. 

Another project, Hello402, suffered from unlimited minting and liquidity failures, causing its token price to crash.

List of Token AI Flags High-Risk 

GoPlus used its AI auditing engine to review 30+ x402 tokens across Binance Wallet, OKX Wallet, and community lists. And the following tokens were flagged as high-risk, each due to different critical vulnerabilities:

These include,

• FLOCK – Owner can extract any ERC20 tokens from contract.
• x420 – Tokens can be minted without any limits.
• U402 – Bond role can mint tokens freely.
• MRDN – Owner can withdraw any tokens from the contract.
• PENG – Special accounts can bypass allowance checks; the owner can drain ETH.
• x402Token – Allows bypassing token allowance approval.
• x402b – Owner can extract ETH; allowance bypass exists.
• x402MO – Same ETH-drain and allowance bypass issues.
• H402 (Old) – Functions allow unlimited minting and developer-controlled token creation.

For retail users and even experienced traders, these risks may not be visible until it’s too late.

As the ecosystem matures, proper security checks will be essential to protect early adopters and ensure long-term trust in x402-based projects.

One of the most significant turning points in Bitcoin's history has been reached: 95% of the total amount of BTC that will ever exist has been mined. This indicates that out of a fixed maximum of 21 million BTC, about 19,950,086 BTC are currently in use. There are fewer than 1,050,000 BTC left to be mined. 

Will supply shock hit?

Although it seems like the ideal scenario for a supply shock, the actual situation is more complicated and less dramatic in the short run. The important thing to remember is that the remaining 5% will not be mined anytime soon. The supply of Bitcoin follows a halving schedule that causes issuance to slow down exponentially rather than decreasing in a straight line.  Chart by TradingView">

Despite the fact that there are only a million coins remaining, it will take over a century to mine them all. In 2028 the block reward will be reduced to 1.56 BTC due to the next reduction. The world will be approximately 97.5% mined by 2032. It will be higher than 99% by 2040.

Around 2140, the final satoshi is anticipated to go into circulation. Because of this, the market is not responding to the headline 95% mined, as some may anticipate. The mining-related supply shock is largely behind us. The actual supply dynamics of Bitcoin are already controlled by a completely different factor: the collision between a nearly fixed supply and demand pressure. 

Is it enough?

The scarcity has already materialized. Another overlooked factor is that a significant portion of current Bitcoin is essentially frozen. Three to four million Bitcoins are thought to have been lost forever. In the meantime, long-term investors keep hoarding Bitcoin for years at a time; over 70% of the supply has not changed in more than a year. 

Additionally, rather than releasing its circulating supply, ETF funds and custodians are progressively absorbing it on the institutional front. Currently, the goal of mining is no longer to increase the quantity of Bitcoin in circulation. Instead of an explosion of new supply, it is now a long-term process of network security fee collection and gradual issuance. 

A sharp change in price does not occur when 95% of the mining is completed. It is an affirmation of the end of the period of fast money growth. From now on, the demand for what is already available will determine the price of Bitcoin rather than how much is produced.

Crypto investment products logged their largest weekly outflows since February, shedding $2 billion as global risk appetite declined. 

Crypto exchange-traded products (ETPs) saw $2 billion in outflows last week, up by nearly 71% from $1.17 billion recorded the previous week, CoinShares reported on Monday. This marks the third consecutive week of outflows, extending the cumulative outflow streak to $3.2 billion. 

CoinShares’ head of research, James Butterfill, attributed the outflows to monetary policy uncertainty and selling by crypto-native whales. As a result, total assets under management (AUM) in crypto ETPs decreased to $191 billion, representing a 27% decline from their peak of $264 billion in October.

The United States accounted for 97% of the outflows, totaling $1.97 billion, while Germany was an outlier with $13.2 million in inflows, bucking the global trend. 

Crypto ETPs see $2 billion in outflows across jurisdictions

While US-based crypto ETPs took most of the hits, the trend was reflected in many other countries.

Switzerland and Sweden recorded outflows of $39.9 million and $21.3 million, respectively. Meanwhile, Hong Kong, Canada and Australia saw combined outflows of $23.9 million.

Digital asset platform and Ripple partner Uphold has issued a scam warning to its users, which predominantly consists of XRP holders.

In a tweet, Uphold's Head of Research Dr. Martin Hiesboeck said the crypto exchange has been made aware of a phishing scam asking users to download a new desktop application.

Hiesboeck noted this is not a legitimate request from Uphold, urging users to be cautious of any such communications. The Uphold head of research warned users that, in the event of receiving any suspicious emails or messages, they should never click on links nor download attachments but report them to Uphold's official support.

Uphold ranks among the largest holders of XRP, with more than 1.5 billion XRP in reserves to facilitate trading and provide customer custody services.

In particular, the volume of XRP that users hold on the exchange surpasses their Bitcoin holdings by about ten times, an unusual trend when considering other centralized exchanges. Uphold was also an initial exchange partner named at RLUSD's debut in December 2024.

XRP community urged to stay vigilant

Over the weekend, Ripple noted it had observed a major surge in fake "Live" YouTube videos during and after the Swell event, urging the XRP community to stay vigilant.

In this light, Ripple urges the crypto community to stay vigilant as neither it nor its employees will ever ask them to send XRP.

In a separate warning, RippleX urges the XRP community to beware of scams, including fake Ripple or XRP livestreams, giveaways or deepfake videos. It reiterated to the crypto community that Ripple employees will never ask them to send funds, share wallet info or join investment streams. If in doubt, users are urged to verify information through Ripple and RippleXDev while safeguarding their XRP.

CMC20 brings institutional-grade, single-trade access to diversified crypto portfolios

NEW YORK, Nov. 17, 2025 /PRNewswire/ -- CoinMarketCap, the world's leading cryptocurrency data platform, today announced CoinMarketCap 20 DTF (CMC20), the first DeFi-enabled tradable crypto index token on BNB Chain. Built on Reserve, a platform for creating Decentralized Token Folios (DTFs), onchain portfolios that bundle multiple crypto assets into a single token, CMC20 tracks the top 20 cryptocurrencies by market capitalization, giving retail and institutional investors a simple, single-trade way to access diversified crypto market exposure.

Deployed by Lista DAO, CMC20 combines the transparency of DeFi with the characteristics of traditional institutional-grade indexes. As the first tradable index token native to BNB Chain, CMC20 brings sophisticated portfolio exposure tools to one of crypto's largest ecosystems. The token enables permissionless 24/7 minting and redemption, while supporting spot listings across CEXs, DEXs, wallets & platforms, futures tracking, and integration into advanced trading strategies.

By partnering with Reserve and Lista DAO to launch the first index token on BNB Chain, CMC20 brings institutional-grade products to one of the world's most active blockchain ecosystems."

Unlike reference-only indexes, CMC20 is purpose-built for active use across the crypto ecosystem. Monthly rebalancing maintains exposure to the 20 largest cryptocurrencies, excluding stablecoins, wrapped assets, and tokens with limited investability. The methodology captures growth across Layer-1 blockchains, exchange tokens, infrastructure projects, DeFi protocols, and emerging sectors, delivering broader market representation than BTC-ETH-only products.

CMC20's DeFi-native architecture on BNB Chain enables use cases unavailable to traditional index products. Institutional investors can incorporate the token into delta-neutral strategies, collateralized lending, and automated portfolio rebalancing. Retail traders benefit from simplified exposure management and lower transaction costs than when manually constructing diversified portfolios. Exchange listings enable both spot trading and derivatives products, while the underlying assets remain verifiable onchain.

Reserve's infrastructure ensures transparent collateralization and redemption mechanics. Users can mint CMC20 by depositing the underlying basket of tokens or redeem CMC20 for its constituent assets at any time, maintaining tight tracking to index value.

CMC20 is launching with full ecosystem support on BNB Chain and is available for trading on PancakeSwap and mintable on the Reserve dapp. CoinMarketCap is actively partnering with DeFi protocols, centralized exchanges, and fintechs to increase CMC20's utility, enabling lending products and yield-generation mechanisms for CMC20 holders and expanding distribution beyond DeFi.

Institutional inquiries and partnership opportunities can be directed to: institutional@coinmarketcap.com

For complete index methodology, real-time holdings data, and integration documentation, visit: https://coinmarketcap.com/charts/cmc20/

About CoinMarketCap

CoinMarketCap stands as the Home of Crypto. With over 880 million monthly page views and 14 million tracked cryptocurrencies, CoinMarketCap drives the industry forward by organizing and delivering comprehensive crypto intelligence. Major media outlets including Forbes, Bloomberg, CNBC, and The Wall Street Journal, rely on CoinMarketCap as their primary source for crypto data.

About Reserve

Reserve is a free, permissionless platform to create, own, and govern DTFs (Decentralized Token Folios), index products and asset-backed currencies launched on its protocols. Reserve's mission is to create a more accessible financial system through decentralized index technology, allowing anyone to build and manage token baskets that work like traditional ETFs but with the benefits of blockchain.

About Lista Dao

Lista DAO is the leading BNBFi protocol on BNB Chain, offering overcollateralized decentralized stablecoin (CDP), BNB LST, Lista Lending and innovative solutions that allow users to earn rewards from Binance Launchpool, Megadrop, and HODLer Airdrops. As the first to have DeFi BNB recognized for Binance Launchpool, Lista DAO has achieved a TVL growth of 1,000% year-to-date, reaching $4.5B, making it the biggest protocol on BNB by TVL.