PYMNTS

Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most populous nation after pausing that side of its business in the country, company officials told Bloomberg News Monday (Aug. 12).

Wise Resumes Signing Customers in India to Tap $32 Billion Remittance Market

After Bitcoin and Ethereum spot ETFs were approved for trading in the United States, multiple fund providers identified Solana as the next big target and filed to offer such crypto ETFs. Following this week's approval of a Solana ETF in Brazil, experts suggest that a U.S. counterpart is sure to come—but when, exactly, remains unclear.

Solana ETFs 'Inevitable' in US After Brazil Approval, Says VanEck Exec

Getting your Trinity Audio player ready... Barely one year after Osaka Digital Exchange (ODX) rolled out a digital securities platform for trading security tokens, several reports have emerged that the exchange is set to begin listing digital bonds. The SBI-backed digital exchange confirmed that ODX’s START platform will host digital...

Japan: SBI-backed ODX to list digital bonds following release of START

Crypto community has seen intense trading activity for Ethereum. 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.

$56 Million Ethereum Withdrawal Stuns Largest Crypto Exchange Binance

Getting your Trinity Audio player ready... The Association for Financial Markets in Europe (AFME), an industry advocacy organization that represents wholesale market participants in Europe, has published a series of papers on digital finance and distributed ledger technology (DLT), including a roadmap for the scaling of DLT capital markets with eight policy suggestions.

European financial markets advocacy body suggests policy steps to scale DLT in capital markets

“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

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Judge Torres reduced the SEC’s initial $2 billion demand, limiting Ripple’s penalties. Ripple adapts XRP sales methods to comply with the court’s decision and avoid future violations. The Ripple case against the SEC has seen recent developments that suggest future appeals. After Judge Torres ordered Ripple Labs...

Ripple’s $125 Million Fine a Reduction: Will SEC’s Appeal Change Everything for XRP?

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason. Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

New York-based financial giant BlackRock has warned about cryptocurrency scams. Financial behemoth BlackRock has issued a warning about cryptocurrency-related scams on its social media account. "We urge caution in dealing with individuals, websites or social media platforms using our brand and offering training or investments," BlackRock said. BlackRock has stressed...

BlackRock Issues Major Crypto Warning

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J. Souza

A retired military officer who had been struggling with post-traumatic stress disorder (PTSD) tragically died after jumping from the world’s largest cruise ship last month, authorities confirmed.

Cruise Passenger Who Jumped from World's Largest Ship After Dispute Suffered with PTSD

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

Newark, NJ

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Morristown Minute

NEW JERSEY - Alain Rodrigues, a 49-year-old Middlesex County resident and owner of a construction business in Old Bridge and Newark, New Jersey, has admitted to charges of tax evasion and failure to collect and pay over taxes. U.S. Attorney Philip R. Sellinger announced that Rodrigues entered his guilty plea on August 1, 2024, before U.S. District Judge Esther Salas in Newark federal court.

Construction Business Owner Admits Tax Evasion, Owes $1.35M

One Walmart shopper is issuing a warning against buying meat at the massive retail chain—but the reason why isn’t strictly tied to Walmart. It seems that customers at stores such as Walmart believe it's acceptable to grab perishable items, such as meat or dairy, and then place them on any available shelf if they decide they no longer want them.

Walmart customer shares why they will never shop for meat at the store leaving viewers torn

Getting your Trinity Audio player ready... The National Bank of Cambodia (NBC) has recorded wins in its campaign against the dollarization of the local economy using Bakong, its version of a central bank digital currency (CBDC). Since the Southeast Asian country returned to civilian rule, the U.S. dollar has played...

Cambodia’s central bank uses CBDC to stifle dollarization of local economy

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

Colorado State

David Heitz

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

Reuters

NEW YORK (Reuters) - Citigroup's head of digital assets for its markets unit, Shobhit Maini, is leaving the bank after more than 14 years, according to an internal memo seen by Reuters.

Citigroup's head of digital assets for markets unit departs, memo says

The price of XRP, the native token of the XRP Ledger, has recently seen a surge of over 20% to surpass the $0.6 level amid a wider cryptocurrency market recovery, with akey candlestick formation appearing ahead of that surge. According to popular cryptocurrency analyst Dark Defender, who shared an XRP...

Déjà vu? XRP Price Chart Forms Candlestick Pattern Last Seen Ahead of 110,000% Rally

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

NewsBreak

Kenya to introduce digital asset ETPs

Getting your Trinity Audio player ready... Kenyan investors will soon access digital asset exchange-traded products (ETPs) on the country’s main equities exchange. DeFi Technologies, a Canada-based...

Kenya to introduce digital asset ETPs

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