U.Today has summarized the top news stories over the past day.
Ripple's Key Announcements
On September 3, Ripple announced several important updates. One of the announcements covered the partnership between Futureverse, a company dealing in AI and the Metaverse, and Ripple Custody. The partnership aims to ensure secure management of Futureverse's assets. The company has already adopted the XRPL NFT standard and uses XRP as the gas token on the Root Network. Ripple President Monica Long praised Futureverse's move, emphasizing the critical role of custody in tokenization. 'Everyone - from big banks to crypto natives - needs secure and compliant infrastructure to power enterprise use cases,' Long wrote.
Binance to Add Four New Pairs
Yesterday, September 3, Binance announced the addition of four new trading pairs: AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC. This listing will be available on September 4, 2024, at 8:00 a.m. (UTC). Additionally, Trading Bots services will be enabled for pairs DOGS/USDT, RENDER/USDT, REZ/USDT, ZK/USDT, and ZRO/USDT. Algorithmic orders for the pairs AAVE/USDC, STMX/TRY, SUN/TRY, and TRX/USDC will also be activated.
Large Bitcoin Purchase Worth $19 Million
According to @lookonchain, yesterday an anonymous wallet holding over $500 million worth of BTC 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. Their total Bitcoin holdings now amount to 8,881 BTC, valued at approximately $523 million. @spotonchain reports that a crypto whale bought 1,100 BTC on Binance, withdrawing this BTC for a profit of $62 million.
The recent news highlights the significant influence of major players on the cryptocurrency market.
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