Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Dumping
Ripple’s $11.3 Million Contribution Into MoneyGram is Declared As Profits
SEC filing disclosed that MoneyGram received cash incentives from Ripple amounting to $11.3 million that had wrongfully been reported as profits. However, Ripple’s CEO Brad Garlinghouse set things straight confirming that his company gives monetary incentives to its clients. SEC's Involvement Ripple invested in MoneyGram in June 2020 and has since been pumping huge sums of money into the venture. The revelation comes from a U.S Securities and Exchange Commission (SEC) filing on the 2nd of March 2020. A recent…
5 years ago