Tag Archives: AA News

After the most recent correction in which BTC lost 15% of value in days, bitcoin miners have started to accumulate in large portions once again. At the same time, yesterday saw the most significant bitcoin withdrawal from crypto exchanges since September. Bitcoin Miners Change of Strategy Being the backbone of the Bitcoin network, miners’ behavior in regards to their BTC holdings is essential for the overall landscape around the asset. Typically, they tend to sell after a...

The reality TV star, Kim Kardashian and the boxing legend, Floyd Mayweather, are among the targets of a recent lawsuit. Filed in a Los Angeles federal court on January 7, the suit alleges that the duo and other celebrities misled investors by promoting a digital currency known as EthereumMax (EMAX). Misrepresentation of Facts to Pump EMAX Token Price The plaintiff, according to court documents, represents investors who invested in “the Ethereum Max scheme” from May 14 through...

Leading Ethereum layer-2 scaling solution, Polygon, announced today that the much-awaited Ethereum Improvement Proposal (EIP) 1559 upgrade will go live on the mainnet next week. Polygon’s London HardFork Set to go Live In an official announcement on Wednesday, the India-based project noted that the upgrade, which will initiate the burning of MATIC, is scheduled to go live on the mainnet on January 18, 2022 at about 8 a.m. UTC. The EIP-1559 upgrade, commonly known as the...

Speaking to CNBC on Jan. 11, the billionaire investor said he looks for utility when researching crypto investments. He followed up with “tokens trading are the least important part of crypto” in a Tuesday tweet. Decentralized platforms leveraging smart contract technology and DAOs are his preferred choices, he stated. Tokens trading are the least important part of crypto. Being able to create businesses on decentralized platforms leveraging smart contracts, validators,...

Jeff Zeller has been named by CryptoCom NFT as its Senior Director of NFT Partnerships and Business Operations, a PR from the exchange said on Wednesday. Zeller previously occupied senior positions at Sony Music and Apple and was the director of Entertainment Partnerships and Marketing at ESPN before joining the crypto firm. New CryptoCom NFT Senior Director The announcement shared with CryptoPotato informed about the hiring of Zeller, who came directly from ESPN. The company...

The Gap – a worldwide clothing retailer – recently announced the launch of its first NFT collection through Tezos. The collection features a “gamified digital experience” for creatives and lets customers digitally own a collectible Gap hoodie. The Gap Apes Into NFTs The clothing brand announced its NFT project in a statement from its site on Wednesday. The new collectibles were reportedly designed in partnership with Brandon Sines – the artist who created the Frank Ape NFTs....

The use of cryptocurrencies has grown considerably over the past year, as more people fall down the Bitcoin rabbit hole. According to a study by payment processor PaySafe, most cryptocurrency enthusiasts are willing to put their money where their mouth is and get paid in cryptocurrencies, ditching fiat once and for all. The report “Inside the crypto community: Plotting the journey to mass adoption” was published on January 11, 2022, revealing the most important trends among...

Jerome Powell – chairman of the Federal Reserve – appears to have reversed one of his previous positions on the relationship between CBDCs and stablecoins. Testifying in front of the US congress, he suggested that both could co-exist, without the former replacing the latter. Allowing Stablecoins and CBDCs. Powell discussed the possibility of a Federal Reserve issued CBDC during his renomination hearing on Tuesday. Republican Senator Pat Toomey – a known crypto advocate –...

The world’s largest digital asset trading venue – Binance – announced it partnered with the Confederation of African Football (CAF). As a result, the company became the official cryptocurrency and blockchain sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament. The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon. Binance’s African Endeavor Apart from taking its...

Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous digital assets as a means of settlement. Some of the assets include Bitcoin (BTC), Ethereum...