Roma Chauhan

Our updates on Ripple include that at the end of November 2020, the US tech firm Ripple Labs, Inc. sold its 33% stake in MoneyGram.  After selling these shares, Ripple Labs will have 2.24 million shares or 3.1% of MoneyGram’s stakes. Including the additional warrant shares, the total stake…
A stablecoin is a type of cryptocurrency that has relatively low market fluctuations. Stablecoins achieve stability by backing up each coin with a stable asset like USD dollar. In the highly volatile cryptocurrency market, stablecoins provide much-needed stability to investors. The significance of stablecoin became even more evident after…
A major bitcoin update in recent times is that PayPal has announced to receive the approval of Bitlicense by NYDFS. Now, the payments giant has launched a new service that will allow users to buy and sell cryptocurrencies through PayPal’s digital wallet.  US Government agencies have proposed changes in…
BlockFi is a startup established in 2017, which offers crypto lending to bitcoin holders. The company also provides crypto-funded interest accounts. BlockFi launched its first product in January 2018, after raising $1.5 million seed funding from Kenetic Capital and ConsenSys Ventures, and SoFi.  The company launched its second product in…
Cryptocurrencies arrived at the global investment scene in 2009 and got real momentum from 2013. During the next five years, more than 1500 various cryptocurrencies were launched.  In 2017, the cryptocurrency market saw a massive growth of 4000%, which provided lucrative options for both mass retail investors and VC…
US-based popular cryptocurrency firm “Kraken” is all set to open the world’s first digital Special Purpose Depository Institution with the proposed named “Kraken Financials” after getting the approval from the Wyoming Banking Board. Kraken has been consistent in maintaining its name in the list of Top 20 Cryptocurrency exchanges…
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