Ripple CTO says to expect shortage of RLUSD at launch, but don’t FOMO
One trader has set a $1,200 bid for one RLUSD, an early warning sign there could be massive volatility when Ripple’s RLUSD stablecoin launches.
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Binance limits withdrawals in Europe, cites payment processor issues
In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA. Binance cryptocurrency exchange customers are allegedly facing troubles with fiat withdrawals in Europe due to issues related to the Single Euro Payments Area (SEPA) transfers.The exchange has allegedly suspended euro withdrawals and deposits via…

China to hand out $6.2M in new digital yuan trial in Beijing
Beijing residents should apply to participate in the lottery until midnight on June 7. The Chinese government is launching another digital yuan lottery to stimulate its ongoing digital currency trials, this time in the capital of Beijing.The Beijing Local Financial Supervision and Administration officially announced Tuesday that the government will distribute 40 million digital yuan…

Hashing It Out: Traveling across the multichain world
In this episode of Cointelegraph’s Hashing It Out podcast, host Elisha Owusu Akyaw explores cross-chain protocols and multichain ecosystems with Keer Lau, ecosystem growth lead at Orbiter Finance.

US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets 1358 Total views 2 Total shares Per a July 22 announcement shared with Cointelegraph, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency.The future…

Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round
Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. 1962 Total views 33 Total shares Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system.Among other contributors, Gapless saw FinLab EOS VC Fund, a…

Ethereum fractal from 2017 that resulted in 7,000% gains for ETH appears again in 2021
Bids for Ethereum's native token Ether (ETH) could rise to $13,000 in the next two months if history repeats.So shows a fractal indicator from 2017, consisting of at least four technical patterns that were instrumental in pushing the ETH price up by over 7,000%. The same set of bullish indicators have flashed once again in…

Ready Games will help developers upgrade their games to Web3
The company will release tools to swiftly upgrade mobile Web2 games in compliance with Apple and Google app store rules. 201 Total views 3 Total shares Ready Games, provider of developer and creator tools for the Web3 community, will launch a new ecosystem with the goal of incentivizing Web2 game creators to explore and switch…

Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13.Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters:“A very big component of the [Bitcoin’s] price is certainly…