Business

Ripple Proposes Native XRPL Lending Protocol to Expand Institutional Utility

Ripple has proposed a new native lending protocol for the XRP Ledger to allow institutional borrowing against XRP and stablecoins, aiming to expand beyond payments amid a cooling market.

FCA Slashes Stablecoin Capital Requirements as UK Finalizes 2026 Crypto Framework

The UK FCA finalized its 2026 crypto framework on Tuesday, slashing stablecoin capital reserve requirements from 2% to 1% to prevent firms from fleeing to the EU.

NanoBit crypto scam ordered to pay SEC $5.5 million in default judgment

The SEC secured a $5.5 million default judgment against NanoBit, a fake crypto platform that siphoned over $2 million from retail investors via WhatsApp relationship scams.

Gold Plunges Below $4,000: Bullion Marks Worst Quarter in 13 Years

Gold shed 13% of its value in Q2 2026, marking its steepest quarterly drop since 2013. The commodity temporarily fell below $3,975 this week as Federal Reserve rate fears strengthen the U.S. dollar.

Zoopla Index: 60% of UK Homes Unsold as 5% Mortgage Rates Paralyze Buyers

First-time buyers in London are now absorbing an extra £232 a month just to service 5% mortgage rates, leaving 60% of all UK homes listed since January sitting entirely unsold.

India’s Tether Premium Hits 10% After ED Raids Flag ₹2,500 Crore

Tether quotes in India hit ₹102.88 over the weekend—an 8.5% to 10% premium above the fiat peg—after the ED raided Bengaluru crypto firms for ₹2,500 crore in FEMA violations.

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