Tag Archives: AA News

Israeli crypto payments platform “First Digital” has now been purchased by Fireblocks – another digital asset company in the region – for an estimated $100 million. While formerly providing blockchain infrastructure and crypto custody services, the acquisition will now expand Fireblocks’s crypto-asset payment service offerings. Payment Acceptance With Fireblocks First Digital is a company that provides stablecoin, API-based payment solutions to institutional clients. It was...

The Singapore-based cryptocurrency platform became an official sponsor of the Turkish soccer club Galatasaray. The latter will feature the company as its crypto partner on multiple platforms and media assets. Bitget Attracted Another Soccer Team The most successful soccer club in Turkey – Galatasaray – inked a sponsorship agreement with Bitget for the remainder of the 2021-22 season. The platform will also serve as an official cryptocurrency partner of Galatasaray’s...

There are plenty of exciting things that happen within the Bitcoin network. All the programmed, pre-defined algorithms make it much like a living organism that adjusts and evolves based on current conditions. In this article, we take a look at something that’s not heavily discussed all so commonly – the lowest block hash values in BTC’s history. What is the Bitcoin Hash Value? To begin, we would first need to clarify what is the hash value. Bitcoin functions based on a...

Well-known cryptocurrency advocates worldwide have called out Canadian authorities for seizing millions in bitcoin and other digital currencies amid the ongoing protests against COVID-19 restrictions and vaccine policies. Court Signs Order to Seize Bitcoin and Monitor Crypto Wallet The Toronto Star reported that a court order had been issued to freeze bank accounts and digital wallets involved in fundraising efforts geared towards aiding “Freedom Convoy” protesters in...

Cosmos’ non-profit and steward, the Interchain Foundation (ICF), announced the launch of Interchain Accounts, an Inter-Blockchain Communication (IBC) based protocol. Largest Software Upgrade to Cosmos Ecosystem According to the official announcement shared with CryptoPotato, Cosmos’ latest update will enable an entire blockchain to control an account on a separate chain. The release of Interchain Account means that users will be able to access the whole Interchain with the...

Say goodbye to Crypto.com Coin, and hello to “Cronos” – the popular crypto exchange’s new name for its CRO utility token. The token, which is native to the Crypto.org and Cronos EVM chains, will see neither its ticker symbol nor mechanics change. A Symbol of Decentralization Crypto.com announced its rebranding in a medium blog post earlier today. It said that the new name is meant to reflect the “decentralization of the coin and tremendous growth of the Cronos ecosystem.” ...

Grayscale – the world’s largest Bitcoin fund – has long had its attempts to become a spot-based Bitcoin ETF denied by the Securities and Exchange Commission (SEC). Investors are now speaking out against this, and have sent roughly 200 letters to the commission in support of the fund’s transition. Grayscale Investors Speak Out As reported by Bloomberg, the SEC received over 170 letters from Grayscale investors in February alone. This followed a public solicitation from the...

Marina Picasso – granddaughter of the renowned painter and sculptor Pablo Picasso – said she and her son Florian will continue launching NFT collections depicting the artist’s work. The digital collectibles caused disputes among the family as some members did not agree with the initiative. Picasso’s NFTs Received Green Light Earlier this year, Picasso’s great-grandson – Florian – hopped on the NFT bandwagon by releasing a collection featuring some of the painter’s renowned...

One of the oldest and most influential venture capital firms – Sequoia – has become even more active in the cryptocurrency space. In the latest development, it announced a new sub-fund of $500-$600M that will focus primarily on liquid tokens and digital assets. Industry’s Best-In-Class Goes for Crypto Fund The newly unveiled Sequoia Crypto Fund will help the California-based firm to participate more actively in protocols, better support token-only projects, and understand the...

Bitcoin has been treading in volatile waters. Despite the recent price dump, though, the Bitcoin network has hit yet another high, this time, in terms of mining difficulty. Higher Difficulty For Bitcoin Miners According to the latest data from CoinWarz, the Bitcoin difficulty increased by 5% to 27.97 trillion on February 18. In a span of three weeks, the metric went through positive readjustments twice, with the first one reaching 26.64 trillion on January 21. To put things...