Tag Archives: AA News

Despite the recent trend of developing countries gaining exposure to cryptocurrencies, buying digital assets like Bitcoin, Ethereum, and stablecoins isn’t easy at all in countries like Afghanistan. Since last August, when the Taliban seized power in the country, America-initiated sanctions have crippled domestic funds from being moved to international financial institutions. Meanwhile, due to the nation’s monetary and political instabilities, Afghans choose stablecoins over...

The Brazilian asset manager – Hashdex – received approval from the SIX Swiss Exchange to list cryptocurrency exchange-traded products in Switzerland. Thus, the firm aims to expand its global reach and provide its services to European investors. Another Company to Launch Crypto ETPs in Switzerland The European nation has displayed a favorable stance towards entities willing to introduce cryptocurrency exchange-traded products for a while now. According to a recent press...

The rumors were true: Twitter has accepted Tesla CEO Elon Musk’s $44 billion offer to take over and privatize the entire company. Twitter and Elon Strike the Deal According to the Wall Street Journal, Twitter worked through the night hashing out the deal, which polarized many over the ethics of such a hostile takeover of a social media giant. Initially, Twitter appeared to lean against the offer, with a major Saudi Arabian investor (and prince) rejecting Musk’s bid in...

During Paris Blockchain Week, CryptoPotato had the chance to interview Helen Hai – the president of Bifinity, Head of Binance Charity Foundation, Head of NFT & Fan Token, and Goodwill Ambassador. Hai talked about how blockchain can revolutionize charity donations, NFTs can help artists in less fortunate states, and a lot more. From London to Africa to Binance During the Paris Blockchain Week Summit (PBW) that transpired earlier in April, Helen Hai revealed in a special...

Bored Ape Yacht Club (BAYC) confirmed over Twitter on Monday that its Instagram account was hacked. A scam link posted by the hacker appears to have resulted in multiple valuable NFTs being stolen from victims. The link, which has since been taken down, led to a page claiming to be sponsored by Yuga Labs. It called on users to connect their MetaMask wallet in order to be airdropped LAND – an upcoming governance and utility token. However, multiple holders are now claiming to...

Tinkering with the Metaverse has become a trend among major brands and companies. This time, it has caught the attention of two of the largest automakers globally, Nissan and Toyota. On April 22, Japanese automakers Nissan and Toyota announced their entry into the Metaverse to offer new virtual experiences to their users, organizing digital events and building virtual customer service offices. According to the Japanese newspaper Nikkei Asia, both companies seek to innovate in...

The United States Secret Service (USSS) has seized over $102 million in cryptocurrencies during investigations into criminal and fraud cases since 2015, said David Smith, Assistant Director of Investigations. Smith leads the USSS’ global investigative wing with 161 offices and over 3,000 employees.  To track illicit currency transactions and crackdown on them, US Secret Service agents and analysts monitor the flow of bitcoin and other digital assets on different blockchain...

2021 was a wild year for the crypto market, with major assets like Bitcoin and Ethereum hitting new all-time highs and attracting an unprecedented amount of institutional investment. Throughout the entire year, investors worldwide took a total profit of $162.7 billion in cryptocurrencies, a fivefold increase from just $32.5 billion in 2020. America-based investors led by a considerable margin at an estimated $47.0 billion gains ahead of investors from any other country....

Leading blockchain data analytics platform Nansen recently released its quarterly analysis report, which revealed that the crypto market had witnessed a decline in 2022 compared to its 2021 activity volume. The report, however, pointed out that the performance of leading blockchain networks, Polygon, BNB Chain, and Avalanche, remained fairly stable, with Avalanche standing out as a rising star among the pack. Polygon Sees Adoption According to the Nansen report, Polygon’s...

Yuga Labs – the team behind the Bored Apes Yacht Club – has revealed the date for the much-anticipated Otherside project and has also confirmed that APE coin will be the official means of payment. In a tweet from April 23rd, the team behind the Bored Apes Yacht Club confirmed that their much-anticipated Otherside project will launch at the end of the month – on April 30. The adventure begins. Otherside. 4/30, 12pm ET. P.S. Otherside Discord is open:...