RLUSD's Path to Top 5 Stablecoin Rankings
Exceeding the expectations set by Standard Custody, a crypto custodian, has led the CEO to predict that RLUSD could potentially be ranked among the top five stablecoins by the end of 2025. Analysts are currently assessing the factors that could help RLUSD achieve this ambitious goal. RLUSD's growth is being driven by various key factors, including its increasing availability on more exchanges like LMAX Group, making it more accessible to traders. Moreover, the stablecoin is gaining traction in Decentralized Finance (DeFi) liquidity pools and has real-world applications, with NGOs like DIVA Donate and Mercy Corps Ventures adopting it for charitable purposes, demonstrating its practical utility. To secure a position in the top five stablecoins, RLUSD faces tough competition as it currently holds the twelfth spot with a market cap of approximately $194 million. In order to surpass FDUSD, which is in fifth place with a market cap of $2.59 billion, RLUSD would need to grow more than thirteenfold within the next nine months, assuming no major changes in FDUSD's size. The top four spots are currently occupied by USDT, USDC, DAI, and USDe. RLUSD is pegged to the US dollar and is supported by both the XRP Ledger and Ethereum blockchains. It is fully backed by cash reserves, ensuring that each token can be redeemed on a 1:1 basis for US dollars through approved channels. To continue its upward trajectory, RLUSD will need to maintain strong adoption, diversify its use cases, and operate in a favorable market environment.
2025-01-01 19:00:00SHARE
Mysten Labs: Some users encountered problems using Sui Wallet to receive Walrus airdrop
 Mysten Labs stated that they have noticed some users encountering issues when claiming the Walrus airdrop using Sui Wallet. The team is actively working to resolve the problem.
2025-01-01 19:00:00SHARE
Tencent reportedly purchases billions of yuan worth of H20 chips from Nvidia
Tencent is accelerating the advancement of large-scale model applications. It was learned by reporters recently that Tencent has recently purchased a batch of new chips from NVIDIA. In order to deliver the order to Tencent on time, there has been a short-term shortage of NVIDIA H20 chips. A source close to NVIDIA stated that the amount of this order from Tencent is approximately tens of billions. As of now, Tencent has not responded to this. An Alibaba Cloud source told reporters that, to his knowledge, Tencent has purchased a large quantity of H20 chips in the short term mainly to meet the demand for WeChat's integration with DeepSeek. 
2025-01-01 19:00:00SHARE
Downdetector: Social media platform X is down for thousands of users
According to the fault tracking website Downdetector.com, thousands of users in the United States and the United Kingdom experienced issues with the social media platform X. According to Downdetector's data, there were over 21,000 reports of platform issues in the United States and over 10,800 in the United Kingdom. Downdetector's data is based on user-submitted reports. The actual number of affected users may vary. (Jinshi)
2025-01-01 19:00:00SHARE
Data: 47,380 ETH transferred from Ceffu to an unknown wallet
On March 27th, according to Whale Alert monitoring, 47,380 ETH ($96,377,397) was transferred from Ceffu to an unknown wallet.
2025-01-01 19:00:00SHARE
Harpie announces closure of on-chain firewall business due to financial difficulties
On March 27th, according to The Block, the company announced that Harpie, a web3 security provider supported by Coinbase Ventures, has immediately shut down its on-chain firewall business due to financial difficulties. The company raised $4.5 million in seed funding in September 2022 from venture capital firms such as Dragonfly Capital, Coinbase Ventures, and OpenSea.
2025-01-01 19:00:00SHARE
50x leveraged whale shorted BTC 25x and added margin to Hyperliquid and GMX
according to ai_9684xtpa monitoring, a 50x leverage whale added margin to Hyperliquid and GMX, and opened a short BTC position. The margin on Hyperliquid accumulated to 2.3 million US dollars; the margin on GMX accumulated to 6.756 million US dollars. Shorting BTC at 25x leverage on Hyperliquid, the position increased to 347.82 coins, equivalent to about 28.87 million US dollars.
2025-01-01 19:00:00SHARE
US Crypto Regulations Prioritize Clarity on Stablecoins and Banking Relationships Over Tax Reform
Cryptocurrency regulations in the United States require more clarity on stablecoins and banking relationships before tax reform becomes a top priority for lawmakers, as stated by industry leaders and legal experts. According to Mattan Erder, general counsel at Orbs, upgrading US crypto regulation should focus on a tailored regulatory approach for areas such as securities laws and banking obstacles. While the Trump administration has shown support for crypto, including through executive orders, Erder emphasized the need for Congress to enact changes in laws. Despite recent pro-crypto moves, concerns about debanking persist in the industry, with potential hurdles remaining until at least January 2026. Additionally, the introduction of stablecoin legislation could pave the way for traditional financial institutions to embrace blockchain-based payments, potentially unlocking new growth opportunities in the industry.
2025-01-01 19:00:00SHARE
Binance Wallet KiloEx TGE has raised over 200,000 BNB, oversubscribed by 170 times
according to the relevant page, the Binance Wallet KiloEx TGE has now opened for investment, with the end time at 20:00 on March 27th Beijing time. Currently, 206,451 BNB have been raised, which is about 170 times oversubscribed.
2025-01-01 19:00:00SHARE
The three major U.S. stock index futures all turned positive
 the futures of the three major U.S. stock indexes have all turned higher, after the Nasdaq 100 index futures fell nearly 1% earlier.
2025-01-01 19:00:00SHARE
SlowMist: Owners of STAR10 tokens have given up their ownership
According to Slowmist monitoring, the owner of the STAR10 token has abandoned ownership. Earlier reports from GoPlus Security monitoring indicated that there are serious security risks with the STAR10 token released by Ronaldinho, and the owner can destroy tokens held by any holder. The official team recommends that the Ronaldinho team immediately abandon ownership to protect the community.
2025-01-01 19:00:00SHARE
A trader paid more than $1 million to buy a put option expiring on April 25
a large Bitcoin options trade appeared on the Deribit exchange recently, with the trader paying over $1 million to purchase 1180 put options with a strike price of $70,000, expiring on April 25th.
2025-01-01 19:00:00SHARE
Pancake Swap may launch an independent IDO activity, and the subscription token will be CAKE
On March 27th, according to @ai_9684xtpa monitoring, an hour ago, a new CreateIDO transaction was created at the address that created the KiloExIDO event, with the difference being: this new IDO is suspected to be subscribed with CAKE as the token, instead of BNB; the duration has changed from 2 hours to 4 days; the associated contract has changed from IDODeployerV2 to IDO DeployerV3; @ai_9684xtpa suggests that this may be different from the IDO within Binance Wallet, but rather an independent new project on the Pancake Swap platform.
2025-01-01 19:00:00SHARE
A whale transferred 43,500 AAVE to FalconX in the past 30 minutes, worth about $7.48 million
according to Ember's monitoring, a whale who bottomed out and hoarded 160,710 AAVE tokens at a price of $89 in June to August 2024, transferred 43,500 AAVE tokens (worth about $7.48 million) to FalconX in the past 30 minutes.
2025-01-01 19:00:00SHARE
Kraken receives FCA authorization for electronic money institution
Kraken has officially obtained an Electronic Money Institution (EMI) license issued by the UK Financial Conduct Authority (FCA), which will accelerate Kraken's growth plans in the UK and drive the launch of new products and services for local customers.
2025-01-01 19:00:00SHARE
Analyst: Gold remains the most reliable hedge against Trump's tariffs
Ipek Ozkardeskaya, a senior analyst at Swiss Bank Baosheng, said: "Gold is still the most reliable hedge against Trump's tariffs." President Trump announced on Wednesday a 25% tariff on all imported cars, intensifying the global trade war. Economists are concerned that this may slow economic growth and trigger inflation, and it is expected that the United States will impose retaliatory tariffs on its trading partners next week. Traders are now waiting to see how the dollar reacts to the Personal Consumption Expenditures Price Index data on Friday. However, analysts at Peak Trading Research stated: "Given that we just heard Powell's speech last week, this data will not have a significant impact - the Fed is not in a hurry, and the inflation caused by tariffs is 'temporary'."
2025-01-01 19:00:00SHARE
Walrus: WAL airdrop claim website is now open
Walrus has announced that the WAL airdrop claim website is now open to Walrus Airdrop NFT holders.
2025-01-01 19:00:00SHARE
Russia's Central Bank proposes 3-year cryptocurrency trading pilot for high-net-worth investors
the Central Bank of Russia proposed a 3-year pilot project for cryptocurrency trading for investors with assets exceeding $11.5 million or annual income exceeding $50 million, currently awaiting government approval.
2025-01-01 19:00:00SHARE
Polymarket predicts that the probability of the United States establishing a national Bitcoin reserve within the year has risen to 62%
The probability of predicting "the establishment of a national Bitcoin reserve in the United States by 2025" on Polymarket has risen to 62%.
2025-01-01 19:00:00SHARE
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