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Binance & BBVA Launch Off-Exchange Asset Storage
Binance & BBVA offer off-exchange U.S. Treasury custody.
A trust-building move for crypto users.
#Binance
#Crypto
$BTC
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Ripple CTO Clashes with Custodia Bank CEO Over XRP and RLUSD A heated debate has ignited in the crypto world between Ripple and Custodia Bank. It all started when Caitlin Long, CEO of Custodia, criticized XRP and its RLUSD stablecoin during her appearance on the Gold Goats ‘n Guns podcast. What Sparked the Fire? Long made bold claims, saying XRP never lived up to its vision as a bridge currency for the banking world. She also suggested that Ripple’s shift towards issuing RLUSD through its own regulated companies marked a move away from XRP’s role in global settlement. She even speculated that, if the U.S. Treasury chose a blockchain for tokenizing Treasury bills, Ethereum would likely be picked over Ripple, citing Ethereum's maturity and adoption. XRP Defenders Strike Back! Ripple’s loyal community wasn’t having it. XRP supporter Vet quickly fired back, emphasizing that XRP’s launch wasn’t like an ICO and that the 100 billion tokens were pre-mined with no market value. He also pointed out the XRPL’s decentralization, with over a thousand nodes and a hundred validators across the globe. Ripple’s CTO Gets Involved The controversy escalated when Ripple CTO David Schwartz jumped in, inviting Caitlin Long to a face-to-face debate. He believes an open, fact-based discussion would help clarify the role of Ripple’s technology and RLUSD in the broader blockchain ecosystem. This debate is far from over, but it’s certainly a clash to watch closely, especially as Ripple’s leadership is willing to engage openly and defensively in the conversation. What’s next? Will Caitlin Long accept Ripple’s invitation? Stay tuned! #Ripple #XRP #RLUSD #CryptoDebate #Blockchain
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Dubai Cracks Down on Fraudulent Trading Schemes, 4 Arrested in Major Scam Dubai's police have apprehended four individuals for their involvement in running deceptive online trading platforms. These platforms lured victims with promises of quick and high returns on investments, operating under various names like Sigma-One Capital, DuttFx, EVM Prime, UTrade, and EVA Markets. The scam was designed to deceive people through aggressive phone calls and social media advertisements. After investors transferred funds, the money was funneled to accounts outside of the UAE, leaving them with no way to recover their losses. ⚠️ Important Reminder: All the platforms involved were unlicensed and unauthorized by the UAE's financial regulators, the DFSA and SCA. Pro Tip: Always double-check if the platform you're using is properly regulated before making any financial commitments. #CryptoFraud #DubaiPolice #TradingScam #StaySafe #BlockchainSecurity
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Chainbase: The Ultimate Web3 Data Solution For Web3 developers, getting accurate and real-time data from multiple blockchains is essential. @Chainbase Official makes this easy by offering fast, reliable, and scalable data services. Whether you're building dApps, analyzing blockchain data, or just getting started in Web3, Chainbase is the tool you need! 🌟 Why Chainbase? Multi-Chain Data Access: Access data from top blockchains like Ethereum, BNB Chain, Polygon, Aptos, and Sui, all in one platform. No need to switch between different sources! Real-Time Data: Get the most up-to-date information instantly. Perfect for projects that require fast responses, like trading or analytics platforms. Modular & Easy to Use: Chainbase's modular architecture makes it simple to work with complex data structures across different chains. Developers can focus on building, not on managing data. Decentralized Network: Powered by distributed nodes, Chainbase ensures data security, censorship resistance, and high availability. $C Token: Chainbase's native token allows you to pay for services, earn rewards, and participate in governance. It’s the value hub for all platform activities! Benefits for Developers: Simplify Data Access: With Chainbase, you don’t have to worry about managing multiple sources. Everything you need is in one place. Build Smarter: Use Chainbase’s structured data for better insights and decision-making, whether you're building a DeFi app, NFT marketplace, or blockchain analytics tool. Seamless Integration: Easy integration with any Web3 project, allowing you to focus on what matters most—building innovative applications! Start Building with Chainbase Join the future of Web3 data today! chainbase.com #Chainbase #Web3Data
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BounceBit Prime: The Future of Institutional Yield Strategies BounceBit is revolutionizing the way we think about decentralized finance. With BounceBit Prime, you get direct access to institutional-grade yield strategies right on-chain. In collaboration with top custodians and fund managers like BlackRock and Franklin Templeton, $BB allows users to invest in tokenized Real-World Assets (RWA), bringing traditional finance opportunities to the blockchain. 💡 Key Highlights: Institutional-Grade Yield: BounceBit Prime brings the best of traditional finance to the blockchain with secure and regulated tokenized RWA yield. Top Partnerships: Collaborating with industry giants like BlackRock and Franklin Templeton ensures robust and reliable financial strategies. On-Chain Efficiency: Offering seamless access to high-quality, decentralized financial products, putting users in control of their wealth. Embrace the future of DeFi with BounceBit Prime and access the world of institutional yield strategies with $BB #BounceBitPrime #DeFiInnovation #CryptoYield $BB
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Bubblemaps: Your Visual Guide to Blockchain Transparency In the fast-paced world of cryptocurrencies, understanding token distribution and wallet behavior is crucial. @Bubblemaps.io offers a unique solution by transforming complex blockchain data into intuitive visualizations. Key Features of Bubblemaps: Token Distribution Analysis: Easily identify if a token's distribution is fair or controlled by insiders, which is critical during meme seasons to spot potential rug pulls. Intel Desk: A community-driven platform where users can propose and vote on on-chain investigations, ensuring transparency and collective oversight. Magic Nodes: Automatically reveals hidden wallet connections, providing deeper insights into token ownership and movements. Time Travel: Allows users to view historical token distributions, helping to understand how ownership has evolved over time. Omnichain Support: Offers cross-chain data visualization, enabling users to analyze tokens across multiple blockchains. 💡 Why Use Bubblemaps? Bubblemaps empowers traders, investors, and analysts to make informed decisions by providing clear and accessible on-chain data. Its visual approach simplifies the complex world of blockchain analytics, making it easier to detect potential risks and opportunities. 🔗 Get Involved: Explore Token Distributions: Visit bubblemaps.io to start analyzing token distributions and wallet behaviors. Join the Community: Participate in the Intel Desk to contribute to on-chain investigations and enhance the platform's transparency. Stay Updated: Follow @Bubblemaps.io on X updates and insights. #Bubblemaps #BlockchainTransparency #CryptoAnalytics $BMT
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