Author: CoinNewsJunction.com
Societe Generale-FORGE has expanded its euro-backed stablecoin EUR Coinvertible to the XRP Ledger, accelerating institutional blockchain adoption in Europe and deepening Ripple integration as compliant digital assets gain momentum across global financial markets. Societe Generale-FORGE Expands EUR Coinvertible to XRP Ledger Societe Generale-FORGE, the digital assets subsidiary of French banking group Societe Generale, announced on […] Source link
XRP price moved sideways on Wednesday after the developers activated the Permissioned decentralized exchange feature. Summary XRP price wavered on Wednesday after the developers activated the Permissioned DEX feature. The launch came after the recent activation of Permissioned Domains. It has formed a gravestone doji candlestick pattern pointing to more downside. Ripple (XRP) token traded at $1.4860, within the range it has held over the past few days. This price is much lower than the year-to-date high of $2.4160. Ripple reached a major milestone today by activating the Permissioned DEX feature, a unique solution for companies in the financial services…
TLDR: BRCA ensures crypto developers cannot face prosecution solely for publishing neutral blockchain software. Criminal statutes still apply to custodial operators or those with intent to launder funds. Section 301 distinguishes decentralized protocols from centralized platforms to clarify obligations. Bipartisan support highlights consistent recognition of lawful developer activity in U.S. law. Crypto developers in the United States may face heightened legal risks if key protections in the Blockchain Regulatory Certainty Act are weakened. Coin Center, a leading blockchain advocacy group, urged Senate Banking Committee members to preserve safeguards for neutral software developers. The organization emphasized that the BRCA ensures…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Injective (INJ) Crashes 90%: Market Cap Falls to $300M Amid Weak Fundamentals
TLDR: Injective INJ lost 90% as market cap fell from $4B to $300M due to weak fundamentals. Total value locked remained under $100M, failing to support previous market hype. Price failed to reclaim $10 breakout level, signaling structural trend weakness. Large protocol wallets reduced circulating liquidity, increasing volatility and pressure on INJ. Injective (INJ) has experienced a steep decline, losing nearly 90% of its market value. The token’s market cap dropped from almost $4 billion in 2024 to around $300 million today. Early hype around on-chain derivatives, fast execution, and new integrations fueled a vertical price surge. However, underlying…
TLDR Agant CEO Andrew MacKenzie warns that the slow pace of U.K. crypto regulations risks undermining the country’s global competitiveness. The U.K. crypto regulatory framework is not expected to take effect until 2027, causing prolonged uncertainty for businesses. Agant recently secured registration with the Financial Conduct Authority, marking a key milestone for its sterling-backed stablecoin, GBPA. MacKenzie believes pound-backed stablecoins could enhance international demand for U.K. debt rather than destabilizing financial systems. The slow implementation of U.K. crypto rules may push innovation to regions with faster regulatory development, like Europe and Asia. The U.K. government’s progress on crypto regulation is…
The Deutsche Bundesbank, the central bank of the Federal Republic of Germany, recently released a statement outlining its strong commitment to fostering substantial adoption of a digital euro in the country. In response to this announcement, analysts anticipated that the international stablecoin market would hit a record of around $500 billion by 2028. Nonetheless, officials at the European Central Bank (ECB) raised concerns about the dominance of dollar-pegged stablecoins. According to them, this state poses a risk to the effectiveness of ECB monetary policy transmission. Afterwards, they outlined the importance of a central bank digital currency (CBDC) for the industry,…
Dogecoin price dropped for two consecutive days after hitting the 50-day Exponential Moving Average as demand dropped and key headwinds rose. Summary Dogecoin price has slumped in the past few months. Spot DOGE ETFs inflows have stalled this year. The futures open interest has continued falling, while the funding rate has turned negative. Dogecoin (DOGE) token dropped to the important support level at $0.100, much lower than this month’s high of $0.1176. It remains ~67% from its highest level in 2025. The coin faces major headwinds, which may drag its price in the near term. For example, it faces a…
Figure Blockchain Lender Confirms Customer Data Breach Following Social Engineering Attack
TLDR: Figure Technology employee tricked in social engineering attack enabling unauthorized data access ShinyHunters published 2.5GB of customer data including names, addresses, and phone numbers Attack part of broader campaign targeting companies using Okta single sign-on authentication Figure offers free credit monitoring and maintains customer funds remain secure despite breach Figure Technology disclosed a customer data breach on Friday after an employee fell victim to a social engineering attack. The blockchain lender confirmed that hackers accessed limited customer files through the compromised account. Hacking group ShinyHunters claimed responsibility for the incident and published approximately 2.5 gigabytes of stolen data.…
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