- Ripple partners with Futureverse to boost secure asset management on the XRP Ledger (XRPL).
- Binance lists new trading pairs, enhancing trading options for users starting September 4, 2024.
- A Bitcoin whale accumulates 322.37 BTC, spotlighting significant market moves in the crypto space.
Ripple President Monica Long has spotlighted a major partnership that underscores the ongoing expansion and adoption of the XRP Ledger (XRPL). Meanwhile, Binance announced the listing of new trading pairs, and a large Bitcoin whale made a substantial BTC purchase, capturing the attention of the crypto community.
On September 3, Ripple’s fintech giant shared a series of updates, with a key highlight being a new partnership between Ripple Custody and Futureverse, a company at the forefront of AI and Metaverse technologies.
This partnership is designed to provide secure asset management for Futureverse, which has already integrated the XRPL NFT standard and utilizes XRP as the gas token on the Root Network.
Additionally, the XRPL decentralized exchange (DEX) has been adopted to supply liquidity to the network. Ripple President Monica Long praised this move, emphasizing the importance of secure and compliant infrastructure in driving enterprise use cases for tokenization.
Long stated, “Everyone – from big banks to crypto natives – needs secure and compliant infrastructure to power enterprise use cases,” further highlighting the significance of this collaboration.
In another major announcement, Binance, one of the largest crypto exchanges globally, revealed plans to list four new trading pairs on its platform. These pairs, AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC, are set to begin trading on September 4, 2024, at 8:00 a.m. UTC. The addition aims to diversify the trading options available to Binance users, enhancing their overall trading experience.
Additionally, Binance will activate Trading Bots services for various trading pairs, including DOGS/USDT, RENDER/USDT, REZ/USDT, ZK/USDT, and ZRO/USDT, starting on the same day.
In a striking move, an anonymous Bitcoin whale has recently made headlines by purchasing a substantial amount of BTC. The whale, whose wallet already holds over $500 million worth of Bitcoin, acquired an additional 322.37 BTC, valued at approximately $19 million.
This purchase is part of a larger trend, with the whale accumulating a total of 2,322.37 BTC over the past week, spending around $136 million in the process. The whale’s total Bitcoin holdings now amount to 8,881 BTC, valued at about $523 million. Additionally, another whale reportedly acquired 1,100 BTC on Binance, later withdrawing it for a significant profit of $62 million.
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