Tag Archives: AA News

The world’s largest cryptocurrency exchange, Binance, continues to employ high-profile investigators as part of efforts to boost the company’s compliance measures. New Audit and Investigations Lead for Binance In an official press release on Thursday (September 30, 2021), Binance announced that Tigran Gambaryan will be the company’s new VP of Global Intelligence and Investigations. Gambaryan’s hire comes after working 10 years as a Special Agent with the US Internal Revenue...

The American comic book publisher – DC Comics – partnered with Palm NFT Studio to launch its collection of non-fungible tokens. The NFTs will feature superheroes like Superman, Batman, Wonder Woman, and more. DC’s Superheroes as NFTs One of the largest and oldest US comic book companies – DC Comics – will double down on its NFT endeavors by releasing another collection of superheroes. DC’s partner this time would be the blockchain network for culture and creativity – Palm NFT...

The Puerto Rican billionaire businessman – Orlando Bravo – believes cryptocurrencies will play a significant role in the future monetary system. He admitted that he is a bitcoin owner as he anticipates its price to surge in the following years. ‘How Could You Not Love Crypto?’ Orlando Bravo – Co-Founder and Managing Partner of Thoma Bravo – shared his optimistic prediction about the future of the digital asset industry. He labeled it as a “great,” ” frictionless,” and...

The United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has once again renewed his support for the approval of Bitcoin Exchange-traded Funds (ETFs) in the country. Gensler told the Financial Times’ Future of Asset Management North America conference that his main focus is on Bitcoin ETFs that invest in futures contracts and trade on the Chicago Mercantile Exchange under the 1940 Investment Company Act. He disclosed that the Investment Act of 1940...

The Tourism Authority of Thailand (TAT) plans to create a utility token called the TAT coin. To implement it in the country’s financial network, though, the state agency would need approval from the related organizations. Crypto Can Bring Back Tourists to Thailand According to a recent report by Bangkok Post, the Tourism Authority of Thailand aims to attract cryptocurrency owners to the country by launching its own utility token. Named after the entity, the TAT coin would...

Chris Vermeulen – Founder and CEO of Technical Traders LTD – opined that bitcoin’s USD value would increase to $90,000 in about a year. Nonetheless, its price might plunge to $16,000 on its way to the new all-time high record. How Does The Road to The Top Look Like? In a recent interview for Kitco, Chris Vermeulen spoke about the future price tag of bitcoin. According to the presented charts and his analysis, the USD value of the primary cryptocurrency would go through major...

Ripple has announced the establishment of a new fund worth $250 million to support the building of non-fungible token projects on its XRP ledger. The company promised to provide artists with the necessary support. Ripple took it to Twitter earlier on September 29th to outlined its newest endeavor, which this time will focus on the NFT industry. The new product, dubbed the $250M Creator Fund, is set to “enable creators to explore new use cases for NFTs on the XRPLedger and...

After China recently banned all crypto-related activities in the country, crypto exchange Huobi Global had to limit mainland Chinese citizens from registering on the platform. As a consequence, the Huobi pool – the eighth biggest BTC pool-  is now moving a massive amount out of their funds, possibly to cover the client withdrawal needs on the exchange. $4.21 Billion Flowing Out From Miners Data from research company IntoTheBlock shows that Huobi Pool has recently moved almost...

Tesla’s CEO – Elon Musk – believes authorities are unable to “destroy” the digital asset industry. He advised the American government to let crypto “fly” instead of implementing legislation on it. Additionally, he gave his reasons why China has a hostile stance on cryptocurrencies. ‘Just Let It Fly’ In a recent interview with Kara Swisher, the prominent entrepreneur and business magnate – Elon Musk – shared his thoughts on some of the hottest topics in the digital asset...

The American fintech company – Verifone – will enable cryptocurrency payment options to its clients through a collaboration with the bitcoin payment service provider – BitPay. The service will be available later this year as initially it will be introduced only in the United States. The New Crypto Opportunity According to a recent press release, the solution would allow customers to employ cryptocurrency settlements on Verifone’s in-store and eCommerce Cloud Services...