Ripple's RLUSD stablecoin saw a significant supply reduction after burning about 146 million tokens, lowering its market cap from $1.9 billion to $1.4 billion. This shift allowed Ethereum to surpass XRP Ledger as the main network for RLUSD. The burn coincides with the launch of Open USD (OUSD), a new stablecoin backed by a consortium including Ripple, BlackRock, and Google, aiming to improve governance and adoption of digital dollar assets. The move has sparked debate about competition and collaboration in the stablecoin market, impacting other players like Circle's USDC but also signaling growing innovation and institutional interest in stablecoins.
Westport Fuel Systems held its Annual General and Special Meeting virtually, where shareholders approved all key resolutions. This included the election of all nominated directors, appointment of Deloitte LLP as auditors, an advisory vote on executiv...
Anaplan introduced Agentic Enterprise, an AI-powered integrated platform designed to enhance decision-making and resource allocation across finance, supply chain, HR, and sales. The platform uses AI agents to automate operational tasks, freeing human...
Anaplan has introduced the Agentic Enterprise, an AI-powered operational model designed to enhance decision-making quality and speed by automating core business functions such as finance, supply chain, HR, and sales. This platform integrates real-tim...
Avadain, a Memphis-based company, increased its crowdfunding cap to $3.75 million after raising $2.5 million in under two weeks. The company produces LTDF graphene, a Nobel-winning super material that can replace critical minerals controlled by China...
Waste Connections of Canada has launched a $100 million renewable natural gas (RNG) facility at the Ridge Landfill in Chatham-Kent, Ontario. The facility converts landfill gas into pipeline-quality RNG, capable of heating over 18,000 homes and reduci...
