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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....

Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle


Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours....

A Step-by-Step Guide to Splitting ABC Fork Tokens from Bitcoin Cash


On November 15, the Bitcoin Cash blockchain underwent a scheduled upgrade but also the chain saw a consensus split, and the network bisected into two. After the split, numerous users have been looking for methods in order to split their coins in order to store them separately or sell the unwanted...

$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit


Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...

TRON Price Falls Below $0.030 After Spurring to $0.039


TRON Price Overview TRON, one of the top 20 cryptos of the market, is seen trading with a positive sentiment just like any other altcoin of the market. The major example being XRP that has reclaimed its position amongst the top 3 major cryptos of the market against Tether. At the same time, the...

ZK International Subsidiary xSigma Introduces New Defi Project


PRESS RELEASE. xSigma Corporation, a wholly owned subsidiary of ZK International Group (NASDAQ:ZKIN), was launched in 2018 as a blockchain research and development lab to solve real-world infrastructure challenges. After two years of intensive research into smart contracts and other...

South Korean Crypto Tax May Be Delayed after Parliamentary Intervention


South Korean crypto investors could receive a welcome stay of execution from new crypto taxes – with parliamentarians pushing Seoul to postpone a much-maligned crypto tax reporting act. Per the Dong-a Ilbo, a leading South Korean parliamentary committee has made a late intervention in the matter...

End of Western Union Remittance Service to Cuba a Boon for Crypto


As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement...

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