According to PANews on October 12th, according to Lookonchain monitoring, whale 0xb9fe lost $2 million after all his positions were liquidated during the market crash. Approximately five hours ago, he reopened a 25x long position with $9.5 million in USDC, holding 18,960 ETH (worth $72.7 million). He has now made a profit of $2.24 million, recovering his losses.

The post Ripple, DBS, Franklin Templeton Unveil RLUSD DeFi Integration appeared on BitcoinEthereumNews.com. Ripple partners with DBS and Franklin Templeton to launch RLUSD-backed trading and lending solutions for institutional investors.   Ripple has teamed up with DBS and Franklin Templeton to launch a new trading and lending platform powered by Ripple’s RLUSD stablecoin. This collaboration aims to create a more efficient financial ecosystem for institutional investors.  Through this partnership, clients can now use RLUSD and tokenized money market funds to manage portfolios and access liquidity in real-time. New Partnership Brings Real-Time Trading and Lending Solutions In a recent press release, Ripple revealed a partnership with DBS and Franklin Templeton, set to bring innovative trading and lending solutions to the financial market.  The partnership involves the listing of Franklin Templeton’s tokenized money market product, sgBENJI. Additionally, it is alongside Ripple’s RLUSD on the DBS Digital Exchange (DDEx).  This offers institutional clients the ability to trade between RLUSD and yield-bearing tokens in real-time. Besides, it also enables easy portfolio rebalancing, allowing clients to earn returns during market fluctuations. The collaboration also explores lending opportunities where clients can pledge sgBENJI tokens as collateral to access liquidity. DBS will serve as the custodian for these pledged assets and facilitate repos and credit lines through the bank or third-party platforms. RLUSD Stablecoin Enhances Portfolio Management Ripple’s RLUSD stablecoin plays a central role in this collaboration, providing investors with a solution for managing volatility while earning yields.  By using RLUSD, clients can easily switch between stable, cash-like holdings and yield-generating products. This provides a way to mitigate risk and enhance returns, particularly in volatile market conditions. Franklin Templeton’s decision to issue sgBENJI on the XRP Ledger further boosts the project’s credibility. The XRP Ledger’s high throughput, low costs, and reliability make it an ideal platform for issuing tokenized securities.  This move also enhances the interoperability of digital securities, helping…

PANews reported on October 12th that Aster announced on the X platform that the new Aster Phase 2 airdrop query tool is now live. Users can still choose to claim the airdrop or receive a full refund of their S2 transaction fees. Users can change their selection at any time before the deadline. The timeline is as follows: Deadline for claiming options: October 13, 20:00 UTC+8 $ASTER airdrop redemption time: October 14, 20:00 UTC+8 Transaction Fee Refund: After the redemption period is open, please complete the refund before 07:59 UTC+8 on October 16th