Tag Archives: AA News

Austrian cooperative banking company – Raiffeisenlandesbank Niederösterreich-Wien (RLB NÖ-Wien) – has partnered with Bitpanda to roll out crypto investment services through the latter’s software as a service (SaaS) offering. With this collaboration, RLB NÖ-Wien has become the first major traditional bank in the European Union to move into digital assets. The Partnership Alongside crypto investment, the Austrian company will also focus on the potential implementation of stocks...

The United States Department of Treasury sanctioned three individuals who helped the notorious hackers Lazarus Group to process the conversion of stolen cryptocurrency to fiat, allegedly for the funding of the Democratic People’s Republic of Korea’s (DPRK) illicit weapons of mass destruction (WMD) and ballistic missile programs. An earlier report by Chainalysis claimed that Lazarus Group was responsible for crypto theft worth about $1.7 billion in 2022. 3 China-based OTC...

For several years, Binance has offered a comprehensive digital academy for users looking to learn about cryptocurrencies. Now, thanks to technological advances, the firm has launched a free AI-driven learning tool that simplifies the learning experience for all of its users. On April 24th, Binance, the world’s largest cryptocurrency exchange, announced the official launch of “Binance Sensei,” a Web3 mentor powered by AI integrated into its Academy. According to the...

In a note published on April 24, Standard Chartered analysts predicted that Bitcoin prices will climb to $100,000 by the end of 2024. Analyst Geoff Kendrick noted that the collapse of several U.S. banks, including Silicon Valley Bank, Silvergate, and Signature, has solidified the case for Bitcoin as a “decentralized, trustless, and scarce digital asset.” The bank analyst was confident that the bear market is over and prices will continue higher next year in the next bull...

The crypto market significantly improved this year, but volatility persisted. Despite this, Uniswap managed to maintain its dominance over the decentralized market. In fact, it remains one of the largest decentralized exchanges in the ecosystem, commanding over $4 billion in total value locked (TVL) across all blockchains. In yet another milestone, the protocol officially surpassed $1.5 trillion in trading volume in April, according to Uniswap Labs, the crypto firm behind...

Host of the popular podcast “All In” and seasoned venture capitalist Chamath Palihapitiya has been a long-time believer in fledgling companies and causes. During his career, Palihapitiya has invested in successful companies such as Slack and Yammer. For the past few years, Palihapitiya has championed Bitcoin and its march to 200k to the world of venture capitalists. He has also been a senior executive at Facebook in its early days, a far cry from his teenage years spent...

Arbitrum – a leading Layer-2 scaling solution for Ethereum – started distributing its governance token (ARB) on April 25th. The airdrop is part of the platform’s roadmap, which designated 1.13% of the overall 10 billion token supply for qualified DAO projects. According to the latest data, Arbitrum has distributed over 90 million ARB worth $120 million to 125 DAO wallets. Treasure DAO was the top receiver with 8 million ARB, while 60 other DAOs pocketed at least 75k ARB...

Last September, the SEC took the Hydrogen Technology Corporation and its CEO, Michael Ross Kane, to court for the alleged price manipulation of the firm’s proprietary token, HYDRO. Proven Manipulation Of Market Value According to the charges, Kane used services offered by Moonwalkers Trading Ltd, a South African company, without a clear legitimate business purpose in order to conduct bogus trades using the HYDRO token. We announced charges against The Hydrogen Technology...

On April 23, the Reserve Bank of Zimbabwe (RBZ) said the gold-backed digital asset will be used as legal tender in the African nation. The move is part of an effort to stabilize the country’s economy and local currency’s continued depreciation against the U.S. dollar. According to reports in local media, the move will allow those holding small amounts of Zimbabwean dollars to exchange their money for digital tokens. This will help them store value and hedge against currency...

Leading cryptocurrency exchanges Coinbase and Gemini are parts of the two consortiums set to bid for bankrupt crypto lender Celsius Network’s assets at an auction scheduled for Tuesday, the 25th of April, 2023, according to a court filing and report from Fortune. The court document revealed that the auction would be held at the New York offices of Kirkland and Ellis, the law firm handling Celsius’ bankruptcy, from 2 pm EPT. Coinbase and Gemini to Bid for Celsius’ Assets One...