Crypto News Digest by U.Today
What happened in the crypto industry in the last 24 hours? Read U.Today’s news roundup to find out!
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Don’t miss a thing in the crypto world with U.Today’s top four crypto news of the past day.
Shiba Inu (SHIB) payments expand to NFT marketplaces, 40 countries via these integrations
NOWPayment, a crypto payment gateway, has recently announced that it enabled payments in SHIB on NFT marketplaces. It was made possible thanks to the “Custodial Recurring Payments” tool that allows any marketplace to create billing accounts for its customers, which they can fund with SHIB. Meanwhile, Wirex, a leading crypto payment platform that added SHIB in March 2022, will now directly issue crypto-enabled debit and prepaid cards in over 40 countries. According to the company’s statement, it established a partnership with Visa to expand its footprint in the UK and Asia-Pacific (APAC).
New XRP listing announced by Japanese crypto platform
XRP enthusiasts are celebrating yet another act of adoption of their beloved coin as listed by the Japanese company FuelHash. The list of other assets supported by the platform includes USDC, USDT, BTC, ETH, ETC and BNB. FuelHash was founded in March 2021 by Katsuya Konno, a former Softbank executive and Japanese Bitfury representative. The company wrote in its press release: “Among the cryptocurrency lending services in Japan, it is the only open-type provider that handles XRP.” In other news, New York-based digital money platform Uphold has announced cashback for XRP users. As stated in Uphold’s Twitter announcement, UK customers can earn up to £50 per month in XRP on spend with the Uphold card.
Shibarium launch: “Things coming way before May”: Shythoshi Kusama
A recently shared Telegram message from SHIB lead dev Shytoshi Kusama has ignited new rumors about the potential date of the Shibarium launch. Twitter user and SHIB fan KURO SHIBARMY JPN (@kuro_9696_9696) provided a screenshot showing Kusama’s message, which says, “Things are coming way before May.” According to the user’s suggestion, this was said about the long-awaited release of the Shibarium Layer-2 solution. Also, another SHIB supporting account, SUNSHINE 柴犬 (@sunshineSHIB), shared another screenshot from a Telegram chat of Kusama with its developers. In this chat, the SHIB lead developer confirms that the release is “coming soon” and says that he himself is tired of “keeping quiet”.
450 million XRP moved by Ripple, here’s why it could be a sell-off
Data provided by the Whale Alert service shows that yesterday Ripple The fintech company moved a huge amount of XRP. The three detected transfers had approximately 150 million XRP each, for a total of 450 million XRP ($166.3 million in fiat equivalent). According to Bithomp, all three transactions were made by Ripple Labs, which moved the funds to three other Ripple wallets. Two chunks of 131 million XRP from these transactions were immediately sent to the US-based Bittrex exchange. Ripple often transfers some of its XRP tokens to crypto exchanges to support the token’s liquidity or to convert some of the XRP to fiat to cover operating expenses.
