Tag Archives: AA News

Samson Mow – former CSO at Blockstream – revealed the Bitcoin adoption plans of three different global jurisdictions on Thursday. One of them includes Mexico – where the nation’s president has extended an invitation to Mow to discuss the possibility. Spreading Bitcoin Adoption Worldwide Speaking on-stage at the Bitcoin 2022 conference, Mow explained how he’s spent the last month working on “Bitcoin nation-state adoption” ever since leaving Blockstream. He’s also launched a...

CashApp – the mobile payment service developed by Block – announced many major Bitcoin-related upgrades on Thursday. One of the new integrations allows users to automatically convert their incoming paychecks into Bitcoin. Another Wave of Bitcoin Features CashApp is quite familiar with Bitcoin and its surrounding technology already. It already allows users to purchase Bitcoin alongside stocks, and to send lightning network payments to wallets capable of receiving them. In...

The Ultimate Fighting Championship (UFC) announced it will distribute new bonuses for athletes that will be paid in bitcoin. The crypto awards will go to the top three fighters fans have voted for. Fight Night Bonuses in Bitcoin The UFC continues to engage further with the cryptocurrency industry. It disclosed new “Fan Bonus of the Night,” which will be awarded to athletes in the primary digital asset. The bitcoin payouts will range from $30,000 for first place, $20,000 for a...

Meta, the company behind Facebook, is reportedly trying to develop its own token – not a cryptocurrency – to support its ambition of connecting users through the Metaverse. More tokens may be developed to facilitate the realization of the project, the report outlined. The newly explored token is like ROBUX for another metaverse Roblox reported the Financial Times. A metaverse-specific currency, which is in the early planning stages, has been nicknamed “Zuck Bucks” by...

The largest digital marketplace for crypto collectibles – OpenSea – officially started listing NFTs minted on the Solana blockchain. “We are currently supporting 165 collections, and adding more every day,” the team announced. OpenSea disclosed that users can now buy and sell Solana NFTs on the marketplace. The company praised the blockchain protocol’s low gas fees, efficient energy usage, and fast transactions. The moment you’ve been waiting for… @Solana is officially on...

The Web3 investment fund – LongHash Ventures – teamed up with Terraform Labs to establish the LongHashX Accelerator Terra cohort. The join product will aim to reach founders and startups building in the Terra ecosystem. Terra’s Latest Partnership According to a document seen by CryptoPotato, the agreement will bring Terra’s first global accelerator program to market. Following the deal, LongHash Ventures vowed to accelerate and invest in the next generation of leading Web3...

Dubbed Nexo Prime, the proprietary prime brokerage platform will focus on catering to institutional, corporate, and high-net-worth investors. It aims to provide them with all the tools necessary to trade, borrow, lend, and securely store their digital assets in a single product. Digital Asset Prime Brokerage Unit In a press release shared with CryptoPotato, Kalin Metodiev, CFA, Nexo Co-Founder and Managing Partner, revealed that institutional and corporate demand for digital...

OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of the Convex Finance protocol. A Bug Only Exploitable From the Inside The Security Research Team from OpenZeppelin found in late 2021 that a significant bug in the protocol could have led to putting the $15B worth of locked assets at risk. The...

The blockchain enterprise Near Protocol has reportedly secured a $350 million fundraiser. The initiative was led by Tiger Global Management – an American investment firm with over $90 billion in assets under management. Cited by Bloomberg, Amos Zhang – a Partner at MetaWeb VC (a company focused on investments that are part of the cryptocurrency industry) – said the fundraiser led by a giant such as Tiger Global “obviously means that Near might be one of the protocols that can...

BlockchainCom launched an asset management service, BCAM, on Wednesday. The new business arm has been created in partnership with Altis Partners, an investment management company with a focus on futures portfolios.  The new asset management brand will target “institutional investors, family offices, and high-net-worth individuals,” said a media report.  One of the products that BCAM plans to offer is tracking the “price of bitcoin versus the dollar.” As per the arrangement,...