Author: John Smith

Ripple has recommended withdrawing the XRP Ledger’s pending XChainBridge amendment after concluding that its primary use case is already served by Axelar and broader developer demand has not emerged. Summary Ripple recommends withdrawing XChainBridge after Axelar replaced its intended XRP Ledger EVM Sidechain role entirely. The pending amendment would add native asset bridges using independent witness servers between connected ledgers. Removing XChainBridge could eliminate more than 10,000 lines from the XRPL server codebase, Ripple estimates. Ripple controls one validator vote and cannot withdraw or activate the amendment unilaterally today alone. Developers with active XLS-38 projects can present evidence before the…

The Office of the Comptroller of the Currency revised its bank supervision and enforcement framework on Aug. 27, directing examiners to focus on material financial risks and substantive violations rather than minor procedural deficiencies. Summary OCC revised two supervisory manuals to prioritize material financial risks and substantive legal violations consistently. The agency publicly released its Matters Requiring Attention manual for the first time Thursday afternoon. Proposed rules divide legal violations into substantive and technical categories based on potential customer harm. Technical violations could require correction without enforcement actions, MRAs, or regulator-prescribed remediation methods for banks. Comments are due thirty days…

US President Donald Trump’s family-linked crypto ventures have left investors at least an estimated $4.7 billion underwater while generating about $1.4 billion for the president in 2025, according to Public Citizen. Summary Public Citizen estimated that TRUMP memecoin investors were down a combined $3.2 billion. WLFI holders and Trump Media investors accounted for at least $1.45 billion in additional losses. Trump reported about $1.4 billion in crypto-related income for 2025. The watchdog urged Congress to add presidential divestment rules to the CLARITY Act. Trump crypto losses reached an estimated $4.7 billion Public Citizen estimated investor losses across five Trump-linked products,…

Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Summary Digital X will serve as a central part of Mirae Asset’s next growth strategy. Mirae Asset acquired 97.15% of the former Korbit exchange for 141.4 billion won. The group plans to tokenize assets such as gold, silver, and electricity. Digital X has waived trading fees on won-denominated assets until August 2027. Digital X will anchor Mirae Asset’s $109B plan The Korea Times reported the target after Mirae Asset founder and chairman Park Hyeon-joo…

Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62 million as the market’s utilization rate climbed to 92%. Aave V3 remains much larger, holding approximately $31 billion in deposits. Aave V4 deposits accelerate past $800 million Aave’s on-chain dashboard shows that V4 deposits reached $806 million on Aug. 27, extending a rapid rise that…

Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an 18-month dividend reserve. Genius Group plans to restart Bitcoin purchases after liquidating its holdings to repay $8.5 million. Final offering terms remain subject to board approval, securities rules, and market conditions. Genius Group turns to preferred capital Genius Group said on Aug. 27 that it…

Stellar’s tokenized real-world asset market has climbed from about $785 million in January to more than $3 billion in July, while only just over $2 million has entered Blend pools that accept RWAs. Summary Stellar’s RWA value increased almost fourfold during the first seven months of 2026. Four tokenized products account for hundreds of millions of dollars each on the network. Blend has $127 million in TVL, but its RWA-enabled pools hold only slightly more than $2 million. RedStone says round-the-clock pricing remains necessary before more RWAs can serve as DeFi collateral. Stellar’s RWA market has crossed $3 billion RedStone’s…

Mantle has accumulated about $880 million in stablecoins and tokenized assets as its onchain product range has expanded across equities, Treasuries, funds and yield-bearing assets. Summary Mantle holds about $550 million in stablecoins and $330 million in tokenized assets. USDT0 accounts for approximately $440 million, or nearly 80% of the network’s stablecoin supply. The network supports 985 distinct tokenized assets across six product categories. Mantle increased its tokenized equity selection from 10 products in April to 155 by late June. Mantle’s asset base approaches $880 million Blockworks Research data shows that Mantle’s stablecoin circulating supply has reached approximately $550 million,…

Stable Sea has added two WisdomTree digital funds to its treasury platform, giving eligible businesses access to three SEC-registered products with minimum investments starting at $1. Summary Stable Sea has added WTSIX and FLTTX alongside the previously available WTGXX. The three funds carry minimum investments ranging from $1 to $25. Eligible users place fund orders through WisdomTree Securities from Stable Sea’s dashboard. Tokenized real-world assets in the United States have exceeded $31 billion. Stable Sea adds two WisdomTree funds Stable Sea said the WisdomTree Short-Duration Income Digital Fund and WisdomTree Floating Rate Treasury Digital Fund are now available through Stable…

Ethena’s ENA traded near $0.147 on Aug. 27, retaining a weekly gain of about 25% after its sharp breakout met resistance near $0.180. Summary ENA price remains about 25% above its Aug. 21 opening price of $0.11717. Price has corrected about 18% from the Aug. 23 weekly high of $0.18023. The daily Supertrend remains bullish, with dynamic support near $0.1202. Liquidation clusters around $0.150 and $0.161 could shape ENA’s next move. ENA price retreats after reaching $0.180 Ethena (ENA) price was trading near $0.147 at the time of writing, up about 25% from its Aug. 21 opening price of $0.11717.…