Tag Archives: AA News

Josh Gottheimer – a member of the Democratic Party – revealed an early draft of legislation regarding stablecoins. Many critics claim that such financial assets undermine the monetary network and are often used by bad actors in criminal activities. Enhanced Rules for Stablecoins Over the last couple of years, some stablecoins such as Tether and USD Coin have become some of the largest digital assets by market capitalization, utilized by countless traders. Those two have a...

Graph Blockchain’s subsidiary New World Inc. (New World) teamed up with the Brazilian soccer icon Ronaldinho. As a result, the former player of FC Barcelona will become an official global ambassador of the blockchain project. Ronaldinho to Help With the NFT Initiatives One of the greatest soccer players – Ronaldo de Assis Moreira, commonly known as Ronaldinho, inked a deal with the Canadian blockchain entity New World. The 41-year-old Brazilian will play an essential role in...

Digital asset platform Bakkt Holdings has teamed up with Valliant Bank, an institution that provides financial services, to bring a seamless crypto experience to the bank’s customers. According to a press release on Monday (February 14, 2022), Valliant Bank would enable customers to easily buy, sell, and hold bitcoin (BTC), ether (ETH), and other altcoins within the bank’s digital banking infrastructure via the Bakkt crypto connect solution. Bakkt’s program, which is...

A fortnight packed with important developments on the economic front, Indian Finance Minister Nirmala Sitharaman and Governor of India’s central bank Shaktikanta Das told the media that there is complete harmony between the two government bodies on the cryptocurrency front. Crypto Makes Headlines in India In the budget presentation for 2022-23 on February 1, Sitharaman proposed a flat 30% tax on all incomes from crypto activities. She also announced the introduction of...

Popular crypto-exchange Coinbase saw its shares spike as the markets opened today, after bringing millions of Superbowl viewers to their site on Sunday. Coinbase was trading 5% down on the Nasdaq over the weekend. However, their stock is back up 3% as of Monday, trading at about $200. The movement comes following a successful Superbowl ad campaign from the exchange, where it competed against other noteworthy ads from Crypto.com and FTX. The ad announced $15 in free Bitcoin...

After opening its very own institutional-grade digital asset exchange, Singapore-based DBS Bank is eyeing the expansion of a similar trading offering, but this time, catering to retail investors. It is expected to launch by the end of 2022. DBS’ Upcoming Retail Digital Assets Trading Desk DBS CEO Piyush Gupta believes that the expansion plans will take a lot of work, including potential fraud and others, but expects the launch of the platform by the year-end. On a recent...

The Canadian rapper Aubrey Drake Graham, popular among music fans as Drake, made a major $1.26 million bet worth of bitcoin on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals. He seems to have good prediction skills since he profited $300,000 after the referee’s final whistle. Drake’s Bitcoin Bets The Super Bowl’s match traditionally garners the attention of millions of Americans each year. Last night’s game was watched by over 90...

Cryptocurrency fans may celebrate the entry of their favorite tokens into the mainstream audience thanks to the impact of the Crypto-Bowl. Still, Ethereum lovers have one more reason to rejoice, as trading ETH hasn’t been this cheap in months. This phenomenon extends to L2 solutions as well, with almost all of the most popular infraestructures hittting less than $1 on average to send ETH and between $0.31 and $2.18 to swap tokens —a more complex operation— according to L2Fees...

One River Digital Asset Management has teamed up with the US cryptocurrency exchange giant Coinbase to offer a separately managed account (SMA) platform for wealth management firms. ONE Digital SMA for Crypto Exposure In a press release published on Friday (February 11, 2022), One River Digital launched the ONE Digital SMA for clients of Coinbase Prime. The new offering will enable users with a Coinbase Prime account to maintain ownership of their digital assets while also...

Intel Corp on Friday announced the launch of an energy-efficient super-fast processing chip for blockchain applications. Billed to be 1000x faster than its nearest rivals, Intel’s “blockchain accelerator” will be available to its customers later this year. Intel’s foray into blockchain processing chip making The official release by Raja M. Koduri, Senior Vice President, General Manager, Accelerated Computing System, and Graphics Group, elaborates on the launch of Intel...