Crypto

XRP launches official X account as @XRP, draws 21,700 followers on day one

XRP has opened its official X account under the handle @XRP, giving the digital asset a dedicated social media channel after bitcoin, ether and dogecoin. The account’s first post said, “hello, world. It’s about time.” Ripple welcomed the launch and highlighted its long involvement with development based on the XRP Ledger. The profile says the account is jointly managed by Ripple and the XRPL Foundation.

Finance

Shinhan Bank cuts mid-rate loan interest for mid-low credit borrowers by 0.3 percentage point, keeps 6.9 percent cap

Shinhan Bank cut interest rates on private mid-rate loans for mid-to-low credit borrowers by an additional 0.3 percentage point. The bank is keeping the existing cap of 6.9 percent a year, meaning the benefit may vary by customer depending on each borrower’s calculated rate. The change applies to customers in the bottom 50 percent of NICE or KCB credit scores and to certain unsecured loan products, including non-face-to-face loans.