Tag Archives: AA News

Popular Russian rapper and YouTuber Morgenshtern has partnered with The Open Network (TON) to become an investor and ambassador for the blockchain project. Morgenshtern Sings About TON According to a recent report from a local news outlet, the A-list Russian rapper released a new song, in which he sang about the TON project and its native cryptocurrency Toncoin. In the song, the hip-hop star mentioned that he “sold all the cue balls and bought TON.” Morgenshtern subsequently...

Polkadot’s parachain smart contract platform with Ethereum compatibility, Moonbeam, has recently completed its pre-launch process and is now live on the Polkadot network. Moonbeam Launches on Polkadot Announcing the launch on Tuesday, the project’s team noted that Moonbeam is the first fully operational parachain on the Polkadot blockchain. With the release, the protocol will pave the way for over 80 projects in its ecosystem to be deployed. Earlier in October, Moonbeam won...

The Northwest Arkansas Council has stepped into the world of crypto by giving away $10K worth of bitcoin to professional workers. The only condition: they have to settle in the region. Move-in and Get Bitcoin Northwest Arkansas is widely regarded as one of the top places to live in the United States due to its job opportunities and low cost of living. Despite its advantages, the region consists of mere 540,000 inhabitants. To attract more individuals to settle in the area,...

Alkesh Shah – analyst at Bank of America – predicted Solana could continue to steal some of Ethereum’s market share as it’s easy to use and has significantly lower transaction fees. The strategist further asserted that Solana could become “the Visa” of the cryptocurrency industry. High Hopes for Solana Solana has been one of the top-performing cryptocurrency projects in the past 12 months. Its native token has increased its USD value by nearly 4,300% in one year and is...

The IOTA Foundation was recently selected as a contractor for Phase 2 of the EU blockchain’s pre-commercial procurement. They will now develop prototype improvements for the European Blockchain Services Infrastructure (EBSI)’s future versions. Competing For The EU The foundation announced the commission’s support in a blog post on their site earlier today. They will be competing with four other selected contractors to research how the EBSI could be made more scalable,...

The US exchange aims to allocate funds from $100,000 to hundreds of millions of dollars in certain blockchain and crypto projects through the new initiative called FTX Ventures. The Wall Street Journal first reported the news earlier on January 14th, indicating that FTX Ventures will be one of the largest such funds in the cryptocurrency space. The coverage informed that the entire $2 billion funding came from the exchange’s founder and CEO – Sam Bankman-Fried. FTX Ventures...

Reports emerged indicating that the Chinese officials are keeping a close eye on cryptocurrency activities and are applying innovative strategies to tackle virtual currency money laundering. “An Important Breakthrough” According to the Chinese state-owned broadcaster, CCTV (controlled by the CCP), the country’s Ministry of Public Security has solved 259 cases that involve cryptocurrency money laundering. It also seized cryptocurrencies worth 11 billion yuan, or nearly $1.7...

According to Hong Fang – Chief Executive Officer of the US cryptocurrency exchange OKCoin – bitcoin’s price could surge past $100K. However, there are a lot of elements that play in the short-term, meaning the asset might not reach the milestone that soon, she added. Bitcoin at $100K Is ‘Reasonable’ Despite bitcoin’s recent price decline and volatile nature, the number of individuals envisioning the cryptocurrency with a future price tag of $100,000 is growing daily. OKCoin’s...

Crypto exchanges are looking for ways to expand their domains, and it seems that the blockchain space is no longer enough. Now, the U.S. subsidiaries of FTX and Bitstamp could be about to start offering their customers support for equity trading. According to a report from Bloomberg, both exchanges are fine-tuning details to enter the world of traditional finance. If their plans come to fruition, both FTX and Bitstamp would offer services diverse enough for their customers to...

Yield Guild Games – a game community in the play-to-earn field – obtained support from the US cryptocurrency platform Coinbase. The partnership between the two entities should bring more assets available for scholarships. In addition, Coinbase announced it will soon acquire FairX – a CFTC-regulated derivatives exchange. The deal is considered a turning point for the former, which aims to offer crypto derivatives to retail and institutional investors in the States. Coinbase...