A coalition of 125 crypto and fintech organizations warns Congress that banking industry efforts to expand the GENIUS Act’s stablecoin yield prohibition beyond issuer payments would protect traditional banks from competition while eliminating consumer rewards programs.
The post 125 Crypto Groups Tell Congress Stablecoin Yield Ban Favors Big Banks appeared first on Cryptonews. …
Category: Blockchain
SEC Seeks 10-Year Ban for Ellison, 8 Years for Wang and Singh
Securities and Exchange Commission filed proposed consent judgments seeking decade-long prohibition for Caroline Ellison and eight-year restrictions for Gary Wang and Nishad Singh, formalizing settlement terms despite their extensive testimony against Sam Bankman-Fried during criminal proceedings.
The post SEC Seeks 10-Year Ban for Ellison, 8 Years for Wang and Singh appeared first on Cryptonews. …
Doha Bank Completes $150M Instantly Settled Digital Bond Led by Standard Chartered
Doha Bank has completed its first digitally native US dollar bond, issuing $150 million in floating-rate notes that settled instantly using distributed ledger technology.
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Former Signature Bank Executives Launch N3XT, a Blockchain-Based 24/7 Payments Bank
N3XT is a Wyoming-chartered, fully reserved blockchain bank built to enable instant, 24/7 payments for institutional clients.
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Massive NPM Supply-Chain Attack Targets ENS-Linked Libraries in Shai Hulud Breach
NPM supply-chain attack has infected 490 packages tied to ENS, Zapier, AsyncAPI and others, has harvested developer credentials via the Shai-Hulud malware, has raised concerns over unmonitored package ecosystems after an earlier $50 million crypto theft, and has exposed API keys and CI/CD secrets.
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Solana Price Prediction: $1 Trillion Wiped from Crypto – Is SOL Going Back to $30?
Solana Price Prediction has analyzed strong SOL ETF inflows, weaker price performance, softer onchain activity and a channel breakout test near $144, while also noting traders who have rotated toward SUBBD as an alternative narrative in the current market phase and risks below $130 support.
The post Solana Price Prediction: $1 Trillion Wiped from Crypto – Is SOL Going Back to $30? appeared first on Cryptonews. …
Franklin Templeton Expands Benji to Canton Network, Bridging TradFi and Tokenized Assets
Franklin Templeton has expanded its Benji Technology Platform to the Canton Network, providing institutional access to tokenized investments under a regulated framework, with interoperability, transparency, and liquidity features including Intraday Yield.
The post Franklin Templeton Expands Benji to Canton Network, Bridging TradFi and Tokenized Assets appeared first on Cryptonews. …
Crypto Apps Now Earning More Than the Blockchains That Power Them
Leading crypto applications are outpacing their host blockchains in revenue generation, with PumpFun collecting $724 million in fees and Hyperliquid earning $667 million, surpassing Solana’s $632 million and raising questions about blockchain value capture.
The post Crypto Apps Now Earning More Than the Blockchains That Power Them appeared first on Cryptonews. …
Standard Chartered CEO Predicts ‘Complete Rewiring’ of Finance as Blockchain Adoption Accelerates
Standard Chartered CEO Bill Winters predicts that nearly all global transactions will eventually be settled on blockchain networks.
The post Standard Chartered CEO Predicts ‘Complete Rewiring’ of Finance as Blockchain Adoption Accelerates appeared first on Cryptonews. …
Siemens and B2C2 Tap JPMorgan’s Blockchain Platform to Streamline FX Payments
Siemens and B2C2 are using JPMorgan’s Kinexys blockchain to execute cross-border FX transactions in real time, 24/7.
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