Tag Archives: AA News

Uniswap Foundation, the organization that oversees the development of the largest DEX in the world, has stated that its first wave of grants sums up to almost $1.8 million total. According to the official announcement, the grants vary in size and scope and are spread across three areas – protocol growth, community growth, and governance stewardship. Uniswap Diamond Uniswap Diamond is heralded as one of the most ambitious initiatives to be funded by Uniswap Grants. All...

Michael Saylor – Co-Founder and Chairman of the business intelligence software MicroStrategy – predicted that bitcoin’s price will reach its all-time high levels from November 2021 (approximately $69,000) “sometime in the next four years.” Over the years, the 57-year-old entrepreneur has presented himself as an outspoken supporter of the leading cryptocurrency, while his company is the largest BTC corporate holder. Earlier this week, it accumulated additional 301 coins,...

Russia’s central bank and Ministry of Finance have agreed on legislation to enable cross-border payments using cryptocurrency, according to a report from the Russian outlet Kommersant on Wednesday. The policy change is reportedly intended to let Russian nationals access digital wallets.  Taking Advantage of Blockchain According to Russian Deputy Finance Minister Alexei Moiseev, the bill has already been agreed to by the central bank “on the whole.” “It generally describes how...

The California-based cryptocurrency exchange – Coinbase – reportedly appointed at least four Wall Street traders and established a group to use the company’s own funds to trade cryptocurrencies. Undisclosed members of the platform described the activity as “proprietary” trading. On another note, the company received regulatory approval from the Dutch Central Bank to start providing its products and services on the domestic market. The $100 Million Test Transaction According...

C Capital – a company established by Hong Kong billionaire Adrian Cheng – reportedly intends to raise $500 million to invest in digital currencies, credit, and private equity over the next year and a half. The firm thinks the cryptocurrency market has already bottomed, meaning that delving into it now is the perfect timing. ‘When People Are on Defense, We’re on the Offense’ According to a September 21 coverage by Bloomberg, C Capital plans to introduce a $200 million...

The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more than 122,000 investors and creditors who have become victims of his fraudulent cryptocurrency scheme. Last year, the Brazilian Federal police organized a special mission called “Operation Kryptos,” following which they halted Santos’ illegal activities. In addition, they confiscated...

The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization – Bitcoin (BTC) and Ether (ETH). Still, Colorado’s Revenue Department is not allowed to accept direct crypto payments, which is why it partnered with PayPal, which will help with the transactions. Colorado’s Pioneering Move The State’s officials disclosed that Colorado residents...

Following a two-day Federal Open Markets Committee (FOMC) meeting, the Federal Reserve has risen its benchmark interest rate by another 75 BPS.  Bitcoin’s price reacted erratically to the news, dropping by $1000 mere moments after the announcement.  The hike, revealed at 18:00 UST on Wednesday, takes the central bank’s new policy rate up between 3.0% to 3.5%.  Most investors expected a 75-point rise heading into the meeting, but markets had priced in a roughly 15% chance of a...

The controversial crypto gambling sessions anchored by Twitch celebrities and live-streamed to their followers will be banned effective October 16, Twitch said in a statement. It mentioned that Stake.com, Rollbit.com, Duelbits.com, and Roobet.com, the most notable crypto gambling sites using its platform, will no longer be able to use it to stream their activities. Going forward, Twitch will identify other crypto gambling sites and disable their access to its platform. ...

Cardano’s Vasil hard fork is arguably one of the most highly-anticipated upgrades for the network. The parent organization behind the platform – Input Output – took it to Twitter today to reveal everything users need to know about it and also confirmed that it will take place tomorrow – September 22nd. What is the Vasil Hard Fork? Named after the late Bulgarian mathematician – Vasil Dabov – who was also a very well-known and prominent community member and contributor to...