Tag Archives: AA News

The cryptocurrency lending platform – BlockFi – surveyed over 1,000 American women to determine their awareness and sentiments towards the digital asset sector. Per the results, every third female plans to invest in crypto by the end of the year, while 60% said they will purchase in the next three months. Women Making Their Way in The Crypto World Digital assets have been gradually increasing in popularity over the years. However, it is worth noting that the industry has a...

Scooter Braun – an American media mogul and the manager of Justin Bieber, Ariana Grande, and Demi Lovato – reportedly sold his luxurious property in Texas for $18.5 million worth of bitcoin. The deal marked the biggest cryptocurrency real estate transaction in the state’s history. A House in Exchange for Bitcoin Similar to other market niches, cryptocurrencies have become an important feature in the real estate business. According to a recent coverage by the Wall Street...

The central bank of Brazil revealed on March 3rd that it has picked a total of nine projects to advance in its challenge to develop a central bank digital currency (CBDC). One of the projects is Aave. The LIFT Challenge The central bank of Brazil revealed the so-called LIFT Challenge where the current theme is “Real Digital.” The main objective of this challenge is to evaluate use cases of digital currencies issued by the central bank as well as how technologically feasible...

The typically neutral country has joined the EU and the US in imposing financial sanctions against Russians following the war started by President Putin. Moreover, the nation’s authorities have also gone after their cryptocurrency holdings within Switzerland’s borders. Ever since Putin launched its “special military operation” against Ukraine, which turned out to be an all-out war, NATO and the EU have taken severe measures to restrict the country and its wealthiest...

Ukraine’s NFT auction has come to a very profitable end: On Wednesday, the country raised $6.75 million worth of ETH after a three-day bidding process for an image of its flag. The bidding process began on February 26th, when the flag NFT was listed. It ended on March 2nd, in a sale for 2,174 ETH. A long list of over 3000 smaller contributors helped bring that number up to 2,258 ETH. Though worth $6.75 million at the time, it is now worth $5.69 million due to a decline in...

Non-custodial protocol, Diagonal Finance has announced a $2.5 million pre-seed round. The main objective of the platform is to make the subscription process seamless for companies focused on Web 3. Capital Infusion According to the official blog post, the funding round was led by Mechanism Capital. Other investors, such as Coinbase Ventures, MetaCartel Ventures, The LAO, Founder Collective, Angel DAO. Messari’s Ryan Selkis, The Daily Gwei’s Anthony Sassano, were among the...

As Terra ascends the ranks of the top ten cryptocurrencies, its popularity as a yield generator continues to soar. It is now the second most staked crypto by value, surpassing even Ethereum 2.0. Staking VS DeFi To be clear, this “staked” value does not refer to the “total value locked” in the DeFi protocols on various blockchains. Ethereum still dominates in this arena, with $110 billion locked out of the total $200 billion across all of DeFi.  Terra remains at a distant 2nd...

Sanctions from the West have been hitting Russia’s economy hard. But Japan’s financial regulator and the country’s industry body for cryptocurrencies is now looking to ensure that these sanctions are carried out effectively. It aims to do so by plugging loopholes and restricting the transfer of digital assets of individuals and entities on the nation’s sanctions list. Crackdown on Russian Cryptocurrency Transactions From shutting out of the international payment gateway SWIFT...

The South American nation has seen economic struggles for years, whether prompted by hyperinflation or simply low salaries. Now, though, the president – Nicolas Maduro – announced a positive development for the locals in the form of an 18-fold increase in the monthly minimum wage. 18x Salary Increase Due to the Petro Long before El Salvador legalized bitcoin, Venezuela already had a compelling history with the cryptocurrency industry. At one point, it was among the most...

Retail investors seem to be returning on the bitcoin landscape, at least according to relatively small addresses. Such holding at least 0.1 BTC have marked a new all-time high, while wholecoiners are at a 10-month peak. Retail Investors on the Hunt? Data from the blockchain analytics company Glassnode shows the gradual growth of bitcoin wallets containing 0.1 or more BTC. As the graph below demonstrates, such entities skyrocketed during the 2017 bull run, when the retail...