U.Today – U.Today has prepared the four most important news stories of the last day.
President breaks silence on XRPL's groundbreaking move
In an X thread on Sept. 3, fintech giant Ripple shared several major announcements, one of them covering a recent partnership by AI and Metaverse technology company Futureverse with Ripple Custody. The partnership aims to ensure the secure management of Futureverse’s assets. As stated in the announcement, the firm has already adopted the XRPL NFT standard, using XRP as a gas token on the root network, and is integrated with XRPL DEX to supply liquidity to the network. The post caught the attention of Ripple president Monica Long, who praised Futureverse’s move, stating that custody remains a critical entry point for tokenization. “Everyone from big banks to crypto natives needs secure, compliant infrastructure to power enterprise use cases. I’m excited to further our partnership with futureverse,” Long wrote.
Binance to list four major cryptocurrency pairs
Yesterday, September 3, cryptocurrency exchange Binance issued a notice regarding the listing of four major trading pairs. The decision to open trading for the pairs was made in order to “expand the list of trading options offered on Binance Spot and improve users’ trading experience.” As stated in the notice, Binance will launch AAVE/USDC, STMX/TRY, SUN/TRY, and spot trading pairs at 8:00 am (UTC) on September 4, 2024. In addition, Binance will enable Trading Bots services for the following trading pairs at 8:00 am (UTC) on September 4, 2024: spot grid, spot DCA (cost averaging), smart positions: DOGS/USDT, RENDER/USDT, REZ/USDT, ZK/USDT, and ZRO/USDT. Spot algorithmic orders for AAVE/USDC, STMX/TRY, SUN/TRY and TRX/USDC will also be enabled.
A $500 million whale suddenly grabs a huge chunk of BTC
According to data provided by @lookonchain account X, yesterday, an anonymous wallet that already stores over $500 million worth of BTC made a large Bitcoin purchase. This whale acquired 322.37 BTC, worth approximately $19 million. Over the past week, this investor has accumulated a total of 2,322.37 BTC, spending around $136 million on this cryptocurrency. Right now, their total Bitcoin holdings constitute 8,881 BTC, which is valued at approximately $523 million. @lookonchain has provided this whale’s wallet address: 3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN. Meanwhile, cryptocurrency tracker @spotonchain reports that a cryptocurrency whale acquired 1,100 BTC on the Binance trading platform. He withdrew this BTC, valued at $64.2 million, making a profit of $62 million on his investment.
This article was originally published on U.Today
