Tag Archives: AA News

The Republican Senator Cynthia Lummis has accumulated more bitcoin worth between $50,001 to $100,000 in the middle of August. A spokesperson at her office said the purchase was not disclosed on time due to a “filing error.” Topping up with More BTC As reported by CNBC, the US Senator – Cynthia Lummis – revealed in a recent filing that on August 16th, she increased her bitcoin exposure with another purchase of somewhere between $50,000 and $100,000 worth of the asset. The 2012...

Orlando Bravo – co-founder of Thoma Bravo – has confirmed that his company plans to invest in the broader blockchain industry. Thoma Bravo’s Investment Plans The billionaire businessman revealed his plans to invest at the Bloomberg Invest Global virtual conference on Thursday. The interviewer questioned him about whether Thoma Bravo will be an investor in the cryptocurrency space. Bravo began by reiterating that his company was a “lead investor in the growth equity round of...

Shiba Inu – a cryptocurrency nicknamed “the dogecoin killer” has seen an exponential increase in futures trading volume in recent days. This comes amidst a parabolic price pump. Traders Flooding Into Shiba Inu According to data provided by IntoTheBlock, the meme coin’s futures trading volume began pumping on October 4th, up to $1.24B. This quickly spiraled up to above $5B today, for the first time ever. It represents a 7700% increase in Shiba futures trading volume over the...

The price of FTM – the token behind the popular Fantom Network – has soared by as much as 30% today. This happened following the announcement that data-analytics provider Nansen added support for it. Fantom is a smart contracts platform using the Proof of Stake consensus algorithm and is based on Direct Acylic Graph technology – it’s also implemented by other projects such as Hedera Hashgraph and IOTA. In a press release from today, the team announced that Nansen – a...

State Duma – the lower house of the Federal Assembly of Russia – believes cryptocurrencies can be a highly dangerous financial tool for private investors. As such, the authorities intend to implement a regulatory framework on trading with them, a recent report claimed. Does Russia Need to Regulate Cryptocurrencies? According to local coverage, the Russian government reiterated its negative opinion on dealing with digital currencies. Anatoly Aksakov – Head of the Duma...

The United States continues to contemplate taking further action in regards to the growing crypto space. In the latest endeavor, the Justice Department has decided to create a task force to stop hackers from utilizing digital asset exchanges to conduct ransomware attacks. Ransomware on Exchanges As reported by Bloomberg, the new team’s goal is to target infrastructure that allows hackers to exploit their victims financially. Typically, this is done by freezing a victim’s data...

International remittance service MoneyGram is once again dipping its toes into the blockchain pool. The company has just revealed a new partnership with the Stellar Foundation on October 6, 2021, to develop a payments bridge that streamlines money transfers and enables near-instant settlement in USDC, a stablecoin pegged to the U.S. dollar developed by Circle. The announcement, which was released a few hours ago, highlights Moneygram’s innovative vision, assuring that the...

MetaMask – the rapidly growing and highly popular Ethereum software wallet – plans to bring DeFi to large crypto-related institutions. They have partnered with three crypto custodians to respond to different organizational needs. Namely, those are BitGo, Qredo, and Cactus. MetaMask Brings Defi to Major Crypto Companies ConsenSys – the Ethereum software company that created MetaMask – unveiled the news in a recent blog post. Under the new partnership, institutions will be able...

The former Chairman and CIO of Legg Mason Capital Management – Bill Miller – once again shared his support towards the primary cryptocurrency by likening it to a Ferrari. On the other hand, he labeled gold as outdated by comparing it to a “horse-and-buggy.” BTC Is Better Than Gold The US investor, fund manager, and philanthropist Bill Miller placed his name among those who believe that the leading digital asset is a better store of value than gold. In a recent interview for...

The owner of the professional basketball team the Dallas Mavericks – Mark Cuban – revealed that people don’t like buying tickets with their Bitcoin holdings because it is an appreciable asset. Instead, they employ Dogecoin, which is “easy to spend.” ‘Bitcoin Is a Little Bit of a Different Animal’ During an interview for Fox Business, the American billionaire Mark Cuban shared his views on some of the most popular cryptocurrencies. Starting with bitcoin, he said the asset is a...