Binance Broadens Ripple (XRP) Trading Capabilities: A Comprehensive Guide

? Binance, the world’s largest cryptocurrency exchange, is expanding trading support for Ripple’s XRP with a new trading pair, XRP/FDUSD. This addition comes with multiple pairs for various cryptocurrencies. Users can trade without fees until further notice. FDUSD is a reserve-backed stablecoin issued by Hong Kong-based First Digital Limited.
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Binance Breathes Easy: CZ Lightens Mood with Humorous Take on Jim Cramer Endorsement Rumors

? Binance CEO, Changpeng Zhao, debunked rumors that TV personality Jim Cramer endorsed the cryptocurrency exchange. Speculation arose after Twitter users suggested Cramer was bullish on Binance and buying BNB tokens. However, a user clarified the claim was false, with Zhao urging followers to disregard the misleading information. Cramer is known for his often controversial market predictions.
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Digital Ruble’s Emergence Could Threaten Traditional Banking, Says Russian Legislator

? Anatoly Aksakov, head of the State Duma Banking Committee, announced that soon loans will be available in the digital ruble. The decision-making process will be automated, with robots playing a significant role.
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Prosecutors Dismiss Sam Bankman-Fried’s Bail Revocation Appeal as ‘Without Merit’

? The New York South District court has rescinded the bail of former FTX CEO Sam Bankman-Fried on August 11. This decision follows an appeal from the prosecution in July, which cited several instances of bail condition violations.
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SBI Holdings Unmasked as the Driving Force Behind Shiba Inu’s Surge, Reveals On-Chain Detective

? On-chain researcher BoringSleuth suggests a link between the rise of meme token Shiba Inu and SBI Holdings, Japan’s largest digital bank. The researcher points to SBI’s $30 million investment in B2C2, where Shiba Inu’s anonymous founder, Ryoshi, allegedly worked. BoringSleuth also highlights SBI’s significant financial growth, coinciding with Shiba Inu’s surge, and suggests SBI profited from selling the token to hype-driven buyers.
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Solana-Based Lido Seeks $1.5 Million in Funding to Sustain Operations

? The Lido on Solana project is seeking $1.5 million in community funding to continue operations. Yuri Mediakov of P2P, the managing company, proposed two scenarios: continued operation with the funding or project termination. The budget includes development, marketing, and customer support costs. Without financial aid, the project’s staking solution on the Solana network may cease.
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SOMA Finance Set to Launch First Retail-Approved Digital Security

? SOMA Finance, a collaboration between MANTRA and Tritaurian Capital, plans to offer the first legally issued digital security to global and U.S. retail investors. The firm aims to sell up to $5 million in tokens, offering holders up to 10% of SOMA’s profits. The SOMA token, set to be issued later this month or by early October, is the first regulation crowdfunding issuance on the SOMA.finance platform, a decentralized exchange for tokenized equities, digital assets, and NFTs.
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Fresh $20M Investment Targets Blockchain Gaming and NFT Sector

? Cryptocurrency venture investors, led by Alpha Protocol Ventures (APV), have created a $20 million fund to invest in underappreciated Web3 projects, blockchain gaming, and digital collectibles. The fund will also explore projects addressing real-world issues like supply chains and data protection. APV has identified potential investments, including Polygon, Polkastarter, Axie Infinity, and Ethernity.
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Leading Exchange Reports SHIB and XRP as Top Traded Cryptocurrencies

? India’s leading cryptocurrency exchange, WazirX, reported that Ripple’s XRP and Shiba Inu’s SHIB tokens were among the most traded coins in August. The top five traded coins included USDT, BTC, SHIB, XRP, and ETH. Despite this, the market remains largely rangebound with minimal movement in the past day.
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Consensys Prepares for Launch of Cross-Chain Metamask Snaps: A DApp Store for Your Wallet

? MetaMask’s upcoming Snaps feature will allow users to interact with various blockchain networks and receive project updates, enhancing transaction transparency. Snaps will function like an App Store for the crypto wallet, enabling third-party developers to launch new decentralized applications. The upgrade will also allow users to download third-party extensions to their MetaMask wallet, facilitating interoperability with non-EVM chains like Bitcoin, Solana, Avalanche, and Starknet.
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