Tag Archives: AA News

Crypto exchange and token listing platform CoinList has recently announced the completion of its Series A funding round, which raised $100 million from industry investors. In an official blog post, CoinList noted that the funds will be geared toward scaling its services and operations and supporting its global community of early adopters. A $1.5B Market Valuation Graham Jenkins, the company’s CEO, commented that the company will look to “deepen” its relationships with its...

The cryptocurrency market took a hit today as its capitalization lost around $150 billion in the past few hours. This also saw a little over $900 million worth of long and short positions liquidated. As we reported earlier today, bitcoin’s price tumbled below $60K and tested the support found at $58.3K. This sent the entire market downwards as almost all cryptocurrencies saw double-digit declines with the exception of a few. Shiba Inu’s SHIB, AAVE, and 1inch were the major...

FTX, the booming cryptocurrency and crypto derivatives exchange founded by Sam Bankman Fried, recently purchased an ad for next year’s Super Bowl, according to reports. The Super Bowl is the most significant event in American football. It is the annual championship game of the National Football League. The NFL is the most valuable professional sports league in U.S. and Canada, with some US$13 billion in revenue, according to Sport Casting data. For reference only, the MLB and...

The Decentralized Finance (DeFi) sector is riding strong in October after a month-long market lull. The latest charts show figures hitting all-time highs with respect to liquidity stored on these protocols. The total value locked (USD) has established a new peak after soaring above $236 billion on October 26th. According to Defi Llama, the TVL figures have maintained a steady uptrend over the past month. In addition to the broader cryptocurrency realm, DeFi too had a rather...

Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions. Tether to Crack Down on Illegal Transfers As per an announcement on Tuesday, Tether will be testing the Notabene platform to comply with the Crypto Travel Rule —a mandate established on June 20, 2021, by the Financial Action Task Force (FATF). Notabene’s end-to-end solution will allow...

Ethereum’s scaling hurdles have been at the center of technical discussions among DeFi aficionados and ETH proponents for quite some time now. Today, during the annual Shanghai Blockchain Week conference, Vitalik Buterin shared some thoughts on the matter. Vitalik Buterin, in his opening remarks during this year’s edition of the Shanghai Blockchain Week in China, talked about the future of Ethereum scaling. Reportedly, he believes that the only safe way to scale Ethereu while...

Thanks to the growing influence of stablecoins on the financial system, regulators across the world are racing to regulate the sector. The stablecoins realm is a step closer to achieving regulatory clarity as the US Securities and Exchange Commission (SEC) has geared up to propose legislation and supervise the $131 billion industry. US Financial Watchdog Readies Stablecoin Regulations Citing sources familiar with the matter, Bloomberg reports that developments surrounding...

After outlining two new partners in its attempts to enhance cryptocurrency mass adoption, Bakkt’s stock prices went through the roof yesterday. This comes just a few weeks after ICE’s Bitcoin service arm became a publicly traded firm. CryptoPotato reported yesterday Bakkt’s collaboration with Mastercard. The latter plans to integrate digital assets into many of its products and tapped Bakkt to do so. Shortly after, news broke that ICE’s firm has also partnered with Fiserv – a...

The cryptocurrency space has seen numerous prominent individuals who went from criticizing it to joining it years later. Jordan Belfort, who used to bash bitcoin but later predicted it will tap $100,000, is now a keen supporter of the non-fungible token industry. NFTs have garnered the attention of numerous celebrities outside of the cryptocurrency space in the past year. Individuals like Tom Brady, Steph Curry, Eminem, and Paris Hilton, to giant organizations like Marvel...

The Facebook whistleblower, Frances Haugen, has revealed her financial future is “fine” as she bought an undisclosed amount of crypto at “the right time.” Financial Backup Thanks to Crypto During an interview with the New York Times, Haugen said she’s currently maintaining her shelter in Puerto Rico thanks to cryptocurrency investment. She manages her own financial resources despite receiving money from nonprofit organizations (NPO).  Last week, Politico reported that Haugen...