Binance opens XRP Ledger deposits for Ripple’s flagship token
Binance enhances Ripple USD accessibility, fortifying its stance in the stablecoin market alongside USDT and USDC. Binance has finalized the integration of Ripple USD (RLUSD) on the XRP Ledger network, enabling deposits for the stablecoin on the platform, according to a Thursday announcement. The exchange noted that withdrawals will be enabled once sufficient liquidity has […]
LIT surges 10% after Lighter secures $920M deal with Circle
Decentralised perpetual trading platform Lighter’s native token LIT had an approximate 10% increase during the early hours of the US trading day. Lighter Secures $920 Million USDC Revenue-Sharing Agreement with Circle – A Victory for DeFi Traders LIT, the utility token for the Lighter ecosystem, surged by over 10% on the announcement, trading at $1.46. […]
Binance transforms its $1 billion reserve into 15,000 BTC
Binance transforms: The cryptocurrency exchange completed a 30-day strategy to transform its stablecoin-backed customer protection fund into 15,000 BTC, thus solidifying bitcoin as its long-term reserve asset. Cryptocurrency trading platform Binance has finalized its strategy to convert the Secure Asset Fund for Users (SAFU) fully into bitcoin, concluding a $1 billion transfer from stablecoin reserves […]
Uniswap token surges after BlackRock investment as BUIDL enters DeFi
Uniswap’s governance token surged following the announcement of an integration with BlackRock’s tokenized fund by the decentralized exchange’s developers. Uniswap’s governance token surged on Wednesday following the announcement of an integration with BUIDL, BlackRock’s tokenized money market fund, by the decentralized exchange’s founder. According to a press release from Uniswap Labs, the world’s largest asset […]
Goldman Sachs holds $1B in Bitcoin ETFs amid price slump
Goldman Sachs reported an exposure above $1 billion in Bitcoin in its fourth-quarter filing with the Securities and Exchange Commission on Tuesday. Goldman’s Bitcoin exposure is achieved through direct equity positions in BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin exchange-traded funds, rather than through the possession of the token itself. Industry executives are […]