Morgan Stanley was designated as the sole putting specialist of about 45,000,000 setting shares owned by the firm, speaking to around 13% of BC Group’s given offer capital.  2020 was a bustling year for OSL, an establishment centered computerized resource stage situated in Hong Kong, giving prime financier, guardianship, trade and programming as-a-administration (SaaS). The organization achieved administrative endorsement to […]

Online lending platform Social Finance, popularly known as SoFi, confirmed on Thursday its decision to go public with a merger with Chamath Palihapitiya-backed blank-check acquisition company. The merger deal with Social Capital Hedosophia Holdings Corp V (NYSE: IPOE) has valued SoFi at around $8.65 billion and the transaction is expected to deliver up to $2.4 billion of gross proceeds to […]

Ripple started a strong recovery wave above the $0.3000 and $0.3100 levels against the US Dollar. XRP price is currently correcting gains from $0.3700, but dips remain limited. Ripple rallied above the $0.3200 and $0.3500 resistance levels against the US dollar. The price tested the $0.3700 zone before correcting lower, but it settled above the 100 simple moving average (4-hours). […]

Cryptocurrency exchange Bakkt, which is majority owned by Intercontinental Exchange, is in advanced talks to go public via a merger with a special purpose acquisition company (SPAC), Bloomberg reported, citing people with knowledge of the matter. The deal, if it’s concluded, would value the combined company at more than $2 billion, the report said. A deal could be announced as […]

Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies.  In a Twitter thread addressing what he described as “5 key questions”, the CEO strongly denied the “SEC’s unproven allegations” and claimed his firm is “on the right side of the facts and of […]

Calin Culianu is the #1 contributor to the Electron Cash project. Also, he contributes to BCHN, and has created the Fulcrum server. Definitely a Bitcoin Cash hero in my book. I picked his brain a bit about all things Bitcoin Cash, and got some juicy answers. Calin likes to talk, so let’s check it out. Jonald Fyookball (JF): So Calin, […]

Crypto enthusiasts expected Bitcoin to pick up momentum in 2020 thanks to the asset’s block reward halving mechanism. At best, investors anticipated a repeat of the 2017 rally, but the law of diminishing returns made such a scenario an unlikely reality. But instead, the current uptrend is now the second most powerful in the cryptocurrency’s history. Here’s what a technical […]

Bitcoin price has been skyrocketed in the past two months. After consolidating at $10,000 for several months, the largest cryptocurrency by market cap rushed to smash a dozen of psychological resistance and reached $37,700 on Thursday. Bitcoin has surged over 380% in the past 12 months. The value of the entire cryptocurrency market reached $1 trillion following the rally of […]

Key Takeaways FinCEN department proposed a new crypto rule for mandatory KYC of self-hosted wallets.  The proposal was open for public comments until Jan. 4, 2021.  The regulator has received over 65,000 comments, including open letters from leading businesses in the space.  FinCEN’s beta regulatory proposal for mandatory KYC of self-hosted crypto wallets and nodes received over 65,000 comments, demanding […]