U.Today – U.Today has prepared a summary of the four most crucial news of the past day.
president breaks silence on groundbreaking XRPL move
In an X thread on September 3, fintech giant Ripple shared several major announcements, one of which was the recent partnership between AI tech company Futureverse and Metaverse with Ripple Custody. The partnership aims to provide secure custody of Futureverse’s assets. As stated in the announcement, the company has already adopted the XRPL NFT standard, using XRP as a gas token on the Root Network, and is integrated with the XRPL DEX to provide network liquidity. The post caught the attention of Ripple CEO Monica Long; she praised Futureverse’s move, stating that escrow remains a critical entry point into tokenization. “Everyone from large banks to native cryptocurrency users need secure and compliant infrastructure to power enterprise use cases. We look forward to continuing to grow 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 to “expand the list of trading options offered on Binance Spot and improve users’ trading experiences.” As stated in the notice, Binance will launch the AAVE/USDC, STMX/TRY, SUN/TRY, and spot trading pairs on September 4, 2024 at 8:00 AM (UTC). In addition, Binance will enable Trading Bots services for the following trading pairs on September 4, 2024 at 8:00 AM (UTC): spot grid, spot DCA (cost averaging), clever positions: DOGS/USDT, RENDER/USDT, REZ/USDT, ZK/USDT, and ZRO/USDT. The algorithmic spot orders of AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC will also be enabled.
A half-billion dollar whale suddenly took over a vast chunk of BTC
According to data provided by the X account @lookonchain, yesterday, an anonymous wallet that already holds over $500 million worth of BTC made a vast purchase of Bitcoin. This whale acquired 322.37 BTC, which is around $19 million. Last week, this investor amassed a total of 2,322.37 BTC, spending around $136 million on the cryptocurrency. At the moment, their total Bitcoin holdings stand at 8,881 BTC, which is worth around $523 million. @lookonchain provided the wallet address for this whale: 3G98jSULfhrES1J9HKfZdDjXx1sTNvHkhN. Meanwhile, crypto tracker @spotonchain reports that the crypto whale acquired 1,100 BTC on the Binance trading platform. They withdrew this BTC worth $64.2 million, making a profit of $62 million on their investment.
