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Tag Archives: AA News

The Founder of Dogecoin Reveals His DOGE Holdings

Billy Markus – the man who co-created Dogecoin as a joke in 2013 – has just revealed how much he holds. He said he owns approximately 220k DOGE, worth around $42 000 at today’s prices. Shibetoshi Speaks Markus (currently “Shibetoshi Nakamoto” on Twitter) dropped the number in a tweet earlier today while clarifying his current role within the Dogecoin space. He said that he does not speak for Dogecoin, nor work on the project anymore – but is simply a community member. That’s...

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Bitcoin Has Proven Itself, Says Billionaire Ray Dalio

Ray Dalio – a prominent investor and founder of Bridgewater Associates – believes humanity is entering an era where there will be a competition of money, and bitcoin will be part of that contest. The primary cryptocurrency is also an alternative to gold, the billionaire added. ‘Bitcoin Has Proven Itself’ The 72-year old American has not always been such an advocate of the leading digital asset. At the beginning of 2020, he said bitcoin fails to serve the purpose of money and...

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Binance Received Regulatory Approval From Canada and Bahrain

As the year is inching close, the world’s largest cryptocurrency exchange, Binance, has secured an MSB license to offer cryptocurrency services from the Candian regulatory authorities. On the same day, the company also received in-principle approval from the central bank of Bahrain. Glad Tidings for Binance According to the official filing with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), Binance’s Canadian arm will be operating as Binance...

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NFT Swapping Platform MetaSwap Allegedly Rug Pulled: $600K Worth of BNB Stolen

Reports emerged earlier today indicating that the team behind MetaSwap – a protocol enabling NFT swaps over Ethereum, Binance, and Polygon – has stolen 1,100 BNB. Shortly after, the native token tanked. The blockchain security and data analytics resource – PeckShield – detected suspicious behavior coming from the MetaSwap team and suggested a soft-rug pull. More precisely, the company said the team behind the NFT swapping platform had stolen 1,100 BNB (worth appr. $605,000)...

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Sen. Cynthia Lummis to Introduce New Cryptocurrency Bill Next Year

Wyoming Republican Senator Cynthia Lummis has made a name for herself within the cryptocurrency community for her favorable stance on the matter. Now, she will reportedly introduce a comprehensive bill next year. Sen. Cynthia Lummis – a well-known Bitcoin HODLer – will reportedly introduce a cryptocurrency bill next year. It will be covering everything from consumer protections to how crypto is taxed and categorized. The main purpose of the bill would be to provide regulators...

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NFL Quarterback Mac Jones Gifts Bitcoin to His Patriots Teammates for Christmas

In the spirit of Christmas, American football rookie quarterback Michael McCorkle “Mac” Jones gifted his teammates with Bitcoin (BTC) as he played the role of Santa Claus on Christmas Eve. Bitcoin as a Christmas Gift Although the amount he shared was not disclosed, Jones gifted bitcoin to 12 of his teammates, making them Bitcoiners for the first time. The list includes Ted Karras, David Andrews, Trent Brown, Yodny Cajuste, Yasir Durant, James Ferentz, Justin Herron, Shaq...

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Charles Hoskinson: This is Cardano’s Roadmap For 2022

Charles Hoskinson, founder of IOHK – the foundation behind Cardano- has shared some of the project’s goals in 2022 via a live Christmas broadcast on Youtube. Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the Decentralized Finance (DeFi) boom, and how hackers are targeting DeFi projects, leading to a loss of over $10.5 billion in 2021 alone. Speaking on Cardano’s achievements this year,...

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CryptoCom CEO Slams CoinMarketCap for Misreporting Exchange Trading Volumes

Kris Marszalek, the CEO of popular cryptocurrency exchange CryptoCom, slammed data aggregating resource CoinMarketCap for misreporting their trading volume. In a tweet on Christmas Day, the CEO of CryptoCom slammed CoinMarketCap for failing to report their trading volume accurately. Merry Christmas to team CoinMarketCap who, a week after my response to their poorly worded tweet, arbitrarily reduced our exchange ranking to 14th. We are 2nd/3rd on CoinGecko, so you guys know...

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Popular Altcoins Exchange MEXC Global to Retire Chinese Accounts This Month

One of the leading altcoin exchanges in the Chinese region – MEXC Global, formerly known as MXC, revealed that it will be retiring Chinese users’ accounts by the end of December 2021. In a detailed Twitter thread, one of the leading Chinese altcoins exchanges, MEXC Global, which was previously called MXC, announced that it will be retiring the accounts of Chinese accounts by the end of December. The move comes as a response to the fact that the exchange has struck...

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Baidu’s Metaverse App Will Not Support Digital Assets as Tech Giant Exercises Caution

Chinese internet behemoths are racing to the metaverse. Baidu, for one, is fairly confident that its metaverse app will take at least six years to fully launch. However, as the tech giant eyes to explore more, it will not add support for digital assets on the app. Baidu’s Metaverse World While speaking at the “Create 2021,” Baidu’s annual developers’ event, Ma Jie, the company’s Vice President, shed some light on the timeline of its immersive digital world ‘XiRang.’ Although...

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