Tag Archives: AA News

According to recent research, every third British citizen fears that a potential digital pound could bring more harm than benefits to the UK economic system. In contrast, 24% believe the so-called Britcoin would turn to be a successful financial instrument. Britcoin Brings More Suspicion Than Excitement The US journalism company Politico surveyed 2,500 British adults to determine their opinion on issuing a digital version of the local pound currency. The majority of the...

Microstrategy just bagged $177M more BTC between July 1st and August 23rd. That brings Michael Saylor’s company’s total hodlings to $5.3 billion USD worth of bitcoin. Other big corporate buyers include Tesla, Square, and Galaxy Digital Holdings. The business intelligence company can’t get enough bitcoin. And it’s not the only extremely relevant and proactive company in the high tech or investing sector to be this incredibly bullish Bitcoin. In fact, Michael Saylor says he was...

Bilaxy, a Seychelles-based digital asset trading platform, reported earlier on August 29th that some of its wallets were compromised. While the exchange hasn’t confirmed the amount stolen yet, some estimations claim that it could be around $450 million in various cryptocurrencies. Bilaxy’s official Telegram channel saw several updates today indicating that the platform had temporarily stopped its services due to maintenance. A few hours later, though, the exchange took it to...

As the NFT craze continues to grow strong, Golden State Warriors icon Stephen Curry recently spent 55 ETH worth about $180,000 to purchase Bored Ape, one of NFT collections currently trending on Crypto Twitter. Stephen Curry Buys Rare Bored Ape NFT The two-time MVP now holds one of the 10,000 apes that will ever exist in the Bored Ape Yacht Club (BAYC) collection. Interestingly, the ape was first sold for 0.68 ETH ($2,210) and 1.5 ETH ($4,875) just three months ago before...

Cryptocurrency scams were reportedly the most common type of fraud in Australia during the first six months of the year. Locals parted with roughly $25 million after becoming victims of such fraudulent schemes. ‘If Something Sounds Too Good to Be True, It Probably Is’ According to a recent report by the Australian Competition and Consumer Commission (ACCC), investment scams have risen to record levels in the country this year. Interestingly, frauds involving digital assets...

Input-Output HK – development company and driving force behind Cardano (ADA) – joined forces with the European Business University of Luxemburg (EBU). Their goal is to make education in developing African countries more “accessible, affordable, and equitable.” Cardano’s New African Endeavors The research and development organization Input-Output HK (IOHK) announced the collaboration with the European Business Univerisity of Luxemburg (EBU) earlier this week: “We are pleased...

The authorities in Texas sentenced the CEO of AriseBank – Jared Rice, Sr. – to spend the next five years in federal prison. Apart from the jail time, the criminal would have to restore approximately $4,250,000, which he embezzled from investors throughout his cryptocurrency-related schemes. Justice at Last According to a recent press release from the US Department of Justice, Jared Rice, Sr. will spend the next 60 months behind bars. The American, who was in charge of...

A spokesperson for AnChain.AI, a blockchain analytics firm, recently revealed a $600 000+ contract with the Securities and Exchange Commission to help the agency regulate and monitor the DeFi space. AnChain’s Contract with the SEC The contract – which began in May of 2021 – has an initial value of $125 000, which may escalate to $625 000 if the SEC chooses to retain the group for 5 more $125 000 ‘option’ years. “The SEC is very keen on understanding what is happening in the...

Square – and Twitter – CEO Jack Dorsey is not just satisfied with saying he loves Bitcoin. He is doing everything he can to realize his dream of making BTC the global currency of the internet. In Mid July, Dorsey announced the launch of TBD, a new business aimed at facilitating the creation of decentralized financial services. Today he finally revealed that the division will be in charge of developing a decentralized exchange (DEX). We’ve determined @TDB54566975’s direction:...

A bug afflicting a prior version of Geth has just caused the Ethereum mainnet to split. Nodes running the old client are being barred from the main network. This could threaten the possibility of double-spending and lost funds for those using the network. Go Ethereum just tweeted that a bug afflicting the old version of Geth has caused the Ethereum mainnet to fork. He urges all nodes to immediately update to the current version 1.10.8, which was announced just days ago. A...