Chinese seize $4.2B of Ponzi crypto, Ripple to sell third of MoneyGram stake, and Guggenheim Partners eyeing $500M BTC

Chinese authorities have seized over $4.2B of crypto from the PlusToken Ponzi scheme [The Block]
Ripple is reportedly selling a third of its stake in payments processor, MoneyGram [SEC]
Guggenheim Partners has reserved the right to allocate up to 10% of its Macro Opportunities Fund in Bitcoin [SEC]
Yearn Finance is to join forces with market coverage platform, Cover [Andre Cronje]
Investment firm, Cypherpunk has boosted its BTC holdings by 279% [NewsFile]
Ethereum 2.0’s deposit contract now has over 852,000 ether – worth half a billion dollars – locked in [Dune Analytics]
Pizza Hut has confirmed that it will start accepting crypto payments for food orders [CoinDesk]

6:36 AM • Nov 27, 2020

—by Protos Staff

OKEx now $110M lighter, Facebook’s stablecoin set for Jan, $100M liquidated on Compound

OKEx sees $110M dollars leave its platform, just hours after reopening asset withdrawals [The Block] Facebook is to move forward with the launch of its own dollar-pegged stablecoin, Libra, in January next year [FT] Lending protocol, Compound saw over $100M worth of collateral liquidated on its platform yesterday [LoanScan] Glassnode has revealed that the total […]