Neuner Restates Position Neuner reiterated his stand in an interview on recent connections between XRP and Solana ecosystem. He indicated that new products do not change his evaluation of the asset. He, therefore, verified that he does not include XRP in his strategy since the market cycle which began with a peak of about three dollars in early 2018. He recognized improvements since the settlement of the lawsuit. Nevertheless, he asserted that control and pricing are still major issues. The remarks were after Hex Trust had launched wrapped XRP on December twelve. It is an XRP in a one to one ratio in multiple networks. These are Solana, Ethereum, Optimism, and HyperEVM.The wrapped asset is based on the omnichain token standard of LayerZero. Therefore, it enables controlled redeeming and coinage among chains. It also provides access to lending, pools of liquidity and yielding tools. There are opinions regarding the Solana ecosystem that have changed after the launch. Designer Vibhu Norb...

Cross Chain Expansion Wrapped XRP is deployed and introduces XRP into the active DeFi market on Solana. In addition to this, Hex Trust intends on more rollouts on Optimism, Ethereum and HyperEVM. The purpose of these expansions is to provide the users with access to trading, liquidity pools and reward programs on supported platforms within one environment. Therefore, RLUSD pairing will increase as more networks incorporate wrapped XRP as native. Hex Trust has all of the native XRP in segregated and audited accounts to keep direct support of wrapped XRP. The issuance and redemption are issues under controlled procedure which makes sure that each wrapped token is equivalent of native holdings. Also, a burn feature is to establish parity between the wrapped asset and the underlying reserves by adjusting supply. Approved merchants are permitted to print and redeem wrapped XRP according to rules of compliance developed by Hex Trust. This framework upholds institutions that need structures t...

CME halted major futures and FX trading after a cooling failure stopped Globex price feeds. Brokers reduced exposure and relied on internal pricing as key benchmarks went offline. CME expects to launch new Solana and XRP futures on December 15, pending approval. The world's biggest exchange operator, CME Group, has halted trading across its leading futures and foreign-exchange platforms after a cooling malfunction disrupted operations at the CyrusOne data centre supporting its systems. Massive Outage Stalls Key Benchmarks Across Markets According to Reuters on Friday, the disruption triggered a widespread freeze on CME’s Globex platform, blocking price updates for core benchmarks, including the S&P 500, Nasdaq 100, key Treasury contracts, and major currency pairs. Market participants received the halt notice shortly before 0300 GMT. Moreover, the stoppage also extended to the EBS foreign-exchange venue, where nearly $60 billion in spot FX trades were conducted daily in...

Ripple received formal recognition for its RLUSD stablecoin within Abu Dhabi’s ADGM as Upbit reported a $37 million Solana wallet breach, presenting two major developments shaping crypto activity across the region. Ripple RLUSD Approval Expands Access in Abu Dhabi Ripple secured a new milestone after the Financial Services Regulatory Authority recognized RLUSD as an Accepted Fiat-Referenced Token within the ADGM. The authorization allows its use by licensed firms that meet regulatory requirements under local oversight. They announced that the approval strengthens the adoption of RLUSD across the Middle East’s institutional market. The company noted that RLUSD, issued under a New York regulatory charter, has grown to more than $1.2 billion in market value since its late-2024 launch. The digital asset cited strict reserve practices, third-party reviews, and clear redemption processes as part of its structure. The approval supports enterprise use cases, including payment flows, market ac...