DAILY CRYPTO NEWS AND TOP CRYPTO EVENTS for 5th May 2020

in #cryptocurrency4 years ago

Crypto News.jpg

Top Crypto Events Planned for Tomorrow

1 - DigitalBits (XDB): KuCoin Listing

Trading begins at 18:00 on May 6, 2020 (UTC+8). LockUP XDB project can trade their daily rewards starting from April 7, 2020 (UTC+8).
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2 - PIVX (PIVX): AMA with ChangeNOW

We're having an #AMA w/ @LiaisonJohn , @_PIVX Director of Business Development, on May 6, 3PM UTC.
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Some World Crypto News

1- MoneyGram, a publicly-traded payments company, disclosed in their quarterly financial statements that they received $16.6 million in XRP from Ripple as part of their incentives for using their RippleNet solution. According to The Block, this was more than the combined $11.3 million they received in the last two quarters combined, although the XRP is allegedly sold as soon as it’s received by the company. Last year, Ripple invested a total of $50 million into MoneyGram as part of an agreement set to expire on July 1, 2023.

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2 - An Executive Vote passed to add wrapped bitcoin (WBTC) as a new collateral type to be accepted on Maker’s loan platform. WBTC is an ERC-20 token that represents 1 bitcoin held in custody by BitGo and currently has around $10 million outstanding. The liquidation ratio remains the same as the other collateral assets (150%) while the debt ceiling and stability fee are set at 10 million Dai and 1%, respectively.

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Todays Top Gainer and Loser for Today

Top 10 Gainer (last 24 hour)

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Top 10 Loser (last 24 hour)

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