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Ripple Is Selling 33% of Its Stake in Moneygram


Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....

How to Create a Commenting Engine with Next.js and Sanity


One of the arguments against the Jamstack approach for building websites is that developing features gets complex and often requires a number of other services. Take commenting, for example. To set up commenting for a Jamstack site, you often need a third-party solution such as Disqus, Facebook,...

Build an app for monday.com and potentially win BIG


monday.com is an online Work OS platform where teams create custom workflows in minutes to run their projects, processes, and everyday work. Over 100,000 teams use monday.com to work together. They have launched a brand new app marketplace for monday.com, meaning you can add tools built...

Switzerland Approves Gazprombank to Offer Bitcoin Trading and Custody


Zurich-based Gazprombank, a subsidiary of Russia’s third-largest bank, has been approved by Switzerland’s financial regulator to offer a number of cryptocurrency services, including the buying, selling, trading, and custody of bitcoin. Gazprombank Approved to Offer Bitcoin Services...

Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

First LINE Blockchain-Powered Third Party Services Launched


Japanese blockchain solutions platform LINE Blockchain introduced on Wednesday its first LINE powered third party services. These services are built on the LINE network by the LVC Corporation owned LINE TECH PLUS PTE LTD (LTP). LVC also manages LINE’s crypto-blockchain businesses. Introducing LINE...

BlockDown Announces Third Edition Coming this Halloween


Disclaimer: The text below is a press release that was not written by Cryptonews.com. BlockDown returns October 22-23 for a Halloween event that promises to be the best virtual conference yet. No tricks, just treats. Akon, Chairman and Co-founder of revolutionary crypto project Akoin, will...

South Korean Police Seize Shares From Major Bithumb Shareholder


South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows...

Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year


So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...

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