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Ripple Labs has just completed a $50 million investment in MoneyGram. Their collaboration dates back to 2018 when MoneyGram decided to test the use of XRP to reduce the costs of its money transfers.
Researchers have discovered an unsecured server containing 4 terabytes of personal data, including Facebook, Twitter, LinkedIn accounts, exposed and easily accessible online.
The Charles Schwab Corporation and TD Ameritrade have entered into a deal for Schwab to acquire TD Ameritrade. Fidelity has already commented on the move.
Citing unnamed sources, the WSJ report mentions that Bridgewater Hedge Fund expects a major correction in the market by 2020. However, Ray Dalio refuted the claims.
Crypto and traditional markets slide as the U.S. and China are yet to resolve their trade disputes. Bitcoin, XRP, Ethereum and others have significantly lost in value.
Bitcoin futures trading platform Bakkt has reached a new all-time high, however, it hasn’t had a positive impact on Bitcoin price.
As Bitcoin price is moving down, BitMEX saw an impressive amount of Bitcoin longs being liquidated.
Binance founder and CEO Changpeng Zhao alleged that the Chinese media has been spreading false reports of police raid thereby creating FUD.
Binance’s Shanghai office has been reportedly shut down by local police. The move has caused over 100 staff members to either switch to remote work or relocate to Singapore.
PayPal’s CEO Dan Schulman explained what reasons they had for taking a decision to leave the widely-discussed Libra Association.
Binance is exploring India. It has made its first major acquisition in the country as it has bought WazirX, an Indian crypto exchange.
The recent Bitcoin price plunge could start to put weak miners out of business heading into the halving which does not go well with HODLers since capitulating miners usher in a major bitcoin dump.
Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America.”
Cryptocurrency company Fidelity Digital Assets won a trading license from the New York State Department of Financial Services. The license will enable it to work with New York companies by offering them custody services and cryptocurrency trading.
The gen z-focused TikTok has seen over 1.5 billion downloads across multiple app stores and is giving social media giant Facebook a run for their money.