Tag Archives: AA News

Popular digital asset trading platform Crypto.com has partnered with technology giant Samsung to offer an optimized version of its app for Samsung Galaxy Z Fold devices, including the recently launched Z Fold4. In a statement released Thursday, Crypto.com announced the new update, Version 3.158.1, which features an enhanced trading and analysis experience specifically for Galaxy Z Fold devices. Tailored Trading Experience for Galaxy Z Fold  The new features will allow users...

Polygon announced that Polygon Bridge is now available for Polygon zkEVM. The development comes a month after the launch of the zero-knowledge rollup on Mainnet Beta. The symbolic first transaction on Polygon zkEVM Mainnet Beta was performed by Ethereum co-founder Vitalik Buterin. Polygon zkEVM Mainnet Beta is designed to be an all-purpose Ethereum scaling protocol that allows developers means to build on it with the usage being similar to Ethereum, without modifying...

SkyBridge Capital founder Anthony Scaramucci spoke at Consensus 2023 on Thursday about the state of affairs at FTX in the weeks and days before its collapse. The former rejected the notion that Changpeng Zhao (CZ) – CEO of Binance – was responsible for the exchange’s failure, pinning the blame solely on former FTX boss Sam Banknman-Fried.  How SkyBridge Fairs After FTX Scaramucci began by clarifying that his relationship with FTX has not harmed his company to such a great...

The immense fraud and failure throughout crypto in 2022 have regulators hastily and recklessly driving the industry offshore, according to Custodia Bank CEO Caitlin Long.  The executive sat down with private investor and ShapeShift CEO Erik Voorhees at Consensus 2023 to discuss the many ways in which crypto has lost its way, and how it can still help remedy the problems that centralized mismanagement has caused.  Is Crypto Straying From Its Purpose? During a Thursday Panel...

Fintech firm Circle announced the mainnet availability of Cross-Chain Transfer Protocol (CCTP) for developers building on Ethereum and Avalanche networks. The protocol will essentially allow USDC to flow natively across supported chains by burning the native stablecoin on a source chain and minting the same amount on a destination chain. The “burn and mint” process results in USDC “teleporting” from one blockchain to another by eliminating the complications and risks of...

Stock and crypto trading platform Robinhood has announced “Robinhood Connect,” which lets crypto investors directly buy and withdraw crypto to self-custody using a credit card.  The service is currently live with personal wallets including MyDoge and Slingshot, and will soon come to both Phantom and Exodus.  The fiat-to-crypto on-ramp is set to compete against the likes of MoonPay and Coinbase Pay, but comes from a company more closely connected to traditional finance.  The...

The American politician serving as the junior United States Senator for Texas – Ted Cruz – thinks bitcoin could be a lifeboat amid the inflationary environment supposedly created by Washington’s irrational decisions.  He revealed holding slightly more than 2 BTC and having a standing order to buy more of the primary cryptocurrency every Monday morning, regardless of its price.  BTC: A Hedge Against Inflation and So Much More In a recent appearance at The Bitcoin Policy...

Blockchain security firm CertiK and zk-Sync decentralized exchange (DEX) Merlin are working towards a plan to reimburse users affected by a recent exploit that drained almost $2 million from the latter. Merlin revealed on Thursday that the incident, which was widely believed to be an exploit, was, in fact, a rug pull by several rogue members of its back-end developer team, who manipulated the protocol’s code to achieve their goal. CertiK and Merlin to Compensate Victims...

Blockchain scaling startup – Dymension – announced the launch of the world’s first IBC-enabled EVM rollup on testnet in collaboration with Evmos Core Teams and Celestia. The latest offering is part of Dymension’s roadmap to establish and bootstrap a new ecosystem of IBC-enabled rollups. The collaboration, on the other hand, will bring “superior” EVM blockchain access to the Cosmos ecosystem. IBC-Enabled EVM Rollup According to the press release shared with CryptoPotato, the...

Hodlnaut, a crypto lending platform that went under due to crypto winter, has been under judicial management since August 2022. This decision shielded the firm from lawsuits that it would have had to deal with in return for far greater scrutiny from regulators. Terraform Labs Exposure Was The Main Culprit According to Hodlnaut’s leadership – who allegedly destroyed several documents indicating the full extent of their exposure to Terraform Labs – the main reason for their...