Crypto community has remained stunned after massive surge in XRP whale activity. Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

60 Million XRP Withdrawal Stuns Major Crypto Exchange

Ripple described the limited launch of its much-hyped stablecoin product as a "significant milestone" San Francisco-based enterprise crypto company Ripple has launched its much-hyped stablecoin in private beta, according to a Friday announcement. The Ripple USD (RLUSD) stablecoin will be available for beta testing on both XRPL and Ethereum. During...

Ripple Starts Testing New Stablecoin

“Ripple USD will be fully backed by a segregated reserve of cash and cash equivalents and redeemable 1:1 for US dollars,” the announcement reads. Ripple plans to launch a stablecoin called Ripple USD (RLUSD) by the end of 2024, available on XRP Ledger and Ethereum. It promises benefits like deep liquidity for certain trading pairs, instant settlements, and programmable finance.

Important Ripple (XRP) Update

Chicago cryptocurrency derivatives exchange Bitnomial is set to launch USD cash-settled futures contracts for the XRP cryptocurrency under the "XUS" ticker. Bitnomial has notified the Commodity Futures Trading Commission (CFTC) that the new product is intended to trade after Aug. 13. The execution of these futures will take place on...

XRP ETF Getting Closer with This New Major Development

The Motley Fool

Year to date, both Solana and Toncoin have outperformed Bitcoin. Could the best be yet to come?

Forget Bitcoin: 2 Cryptos I've Got My Eye On In the Second Half of 2024

To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. Last week, I got the scoop on publicly traded fintech Payoneer acquiring Singaporean startup Skuad for $61 million in cash, with the potential to pay up to $81 million. This was a pretty fast exit for Skuad founder Sundeep Sahi, who launched the company in 2019 with the aim of simplifying international hiring and had raised $19 million in venture funding. Both Payoneer and Skuad are geared toward SMBs that operate internationally, particularly in emerging markets. Notably, rather than build out the tech itself, Payoneer decided to acquire Skuad and integrate its payroll and contract management products into its own offering.

Payoneer scoops up Skuad, Robinhood’s strong Q2, and X is making progress on payments

UXLINK is excited to announce the launch of its cutting-edge chain abstraction stack, designed to revolutionize how developers and users interact with blockchain technology. UXLINK’s next-gen chain is an omni-chain infrastructure that empowers builders to create applications capable of scaling to billions of users across all blockchains, seamlessly bridging the gap between Web2 simplicity and Web3 innovation.

UXLINK Unveils Next-Gen Social Growth Omni-Chain Infrastructure to Empower Builders and Scale Apps to Billions of Users

Tokyo-based R&D company Sakana AI has released "The AI Scientist," an AI system designed to fully automate scientific research. The company claims this system is the first of its kind, capable of handling multiple aspects of the research process independently. In its research paper, published Monday, the team says its...

‘AI Scientist’ Aims to Automate Scientific Discovery

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J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

In a news that went widely unnoticed, Bitnomial Exchange, LLC, has self-certified a new futures contract for XRP with the Commodity Futures Trading Commission (CFTC) on August 9. The XRP US Dollar Futures contracts, or XUS, were scheduled to start trading yesterday, on August 13, 2024. However, the official website didn’t show any XRP Futures at press time. Notably, this certification could pave the way for the approval of a spot ETF in the United States.

US Spot XRP ETF Inches Closer With This Major News

The resolution of Ripple’s SEC lawsuit could drive XRP’s price higher. The expansion of Ripple’s blockchain and lower interest rates could bring back more investors. But investors shouldn’t ignore its competitive and macro challenges. XRP's price could soar once it resolves its biggest near-term challenges. XRP...

The Ultimate Cryptocurrency to Buy With $1,000

Bitcoin Cash (BCH) has recently garnered attention from crypto analyst Alan Santana, who shared his insights on the coin’s potential price trajectory leading up to the anticipated 2025 bull market. His analysis, which combines a detailed market outlook with a strategic accumulation plan, underscores the importance of patience and timing for investors.

Bitcoin Cash (BCH) Could See 13X Returns: Analyst Forecasts Strategic Buying Opportunity

San Francisco-based cross-border payments company Ripple announced on Friday that it had begun testing its USD-backed stablecoin on its native blockchain, XRP Ledger, and the second largest crypto network, Ethereum (ETH). Ripple revealed earlier this year that it would launch its own stablecoin as it forays into the $160 billion...

XRP Set For $160 Billion Market Shake-up As Ripple Kicks Off Testing Of Its Much-Hyped Stablecoin

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

Denver, CO

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David Heitz

No, pallet shelters for people experiencing homelessness don’t fold into caskets. It’s a question a reader posed one of the first times I wrote about pallet shelters. I find the pallet shelters to be more palatable than ice fishing tents. The Colorado Village Collaborative operates both micro-communities and the so-called Safe Outdoor Spaces with the tents. We all learned the tents are not safe when a fire roared through a CVC Safe Outdoor Space, destroying the compound quickly. Officials never disclosed a cause of the fire.

Opinion: No, pallet shelters for homeless in Denver, Aurora don’t fold into caskets

Colorado State

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Big news for Lightning Network users as the first Tether iterations have gone live. The latest USDT-L issuance promises to provide stablecoin users with a more efficient, faster, and cost-effective way to transfer Tether globally. As such, this development has the potential to drive adoption for both technologies moving forward.

USDT-L is Now Live on the Lightning Network

Devra Lee

Disclaimer: This content was written by Devra Lee for general informational and entertainment purposes only. This service is to provide astrological information that has been researched, recorded, and observed by the author.

Horoscope of the Day, Wednesday, August 14th

Following Binance’s February announcement that it would delist Monero (XMR) and its finalization later that month, the exchange has now announced its last steps to get the privacy coin off its platform. In an August 12 blog post, Binance said it will convert the balances of 15 different tokens,...

Binance Will Start Converting Monero to USDC on September 2 as Part of Delisting

Jacksonville, FL

Jacksonville Today

Molton Smith and his neighbors say they’re blindsided by a $4,500 annual property tax hike for a dredging project they never agreed to. “It’s forever,” says Smith. “The Hogpen Creek special district just came out of left field.”

Intracoastal West residents face $4,500 annual tax that many say was a surprise

NewsBreak

Toncoin Up 10% After Landing on Binance Launchpool

The Open Network's native currency Toncoin (TON) is up by 10.6% to $7.05 in the past 24 hours, following Binance's announcement that it will add TON...

Toncoin Up 10% After Landing on Binance Launchpool

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