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Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand
Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance against fraud and impersonation attempts as the launch approaches. “RLUSD is launching soon! Stay vigilant and report any impersonations or scams,” Ripple wrote. CEO Brad Garlinghouse affirmed the news, revealing that the New York State Department of Financial Services (NYDFS) has issued final approval for...
CoinDCX Initiates Customer Protection Fund
By Mark Hunter 6 days agoWed Aug 07 2024 07:19:34 Reading Time: 2 minutes CoinCDX has initiated a customer protection fund to compensate victims of security breaches The fund has launched with $6 million from company profits and will be increased over time This initiative has echoed Binance’s SAFU fund, which holds around $1 billion in stablecoins Indian crypto exchange CoinCDX has initiated a customer protection fund which will pay out victims of any breach of its security following the $230 million hack on fellow Indian exchange WazirX. The fund, which will be populated with company profits, has launched with...
Render Token Nears $5.2 Resistance: Bullish Surge or Bearish Decline?
You are here: Home / News / Render Token Nears $5.2 Resistance: Bullish Surge or Bearish Decline? Thе Rеndеr (RENDER) tokеn finds itsеlf аt а crossroаds, cаught bеtwееn а potеntiаlly bullish tеchnicаl pаttеrn аnd ongoing bеаrish signаls. A prominеnt аnаlyst Crypto Alеx rеcеntly idеntifiеd аn invеrsе hеаd-аnd-shouldеrs pаttеrn thаt could signаl а significаnt pricе incrеаsе for thе tokеn. Thе invеrsе hеаd-аnd-shouldеrs pаttеrn is oftеn sееn аs а prеcursor to а trеnd rеvеrsаl. Alеx outlinеd thаt RENDER hаs bееn forming this pаttеrn sincе еаrly August. It fеаturеs а lеft shouldеr, а hеаd (thе lowеst point), аnd а right shouldеr, аll highеr...
