Tag Archives: AA News

The popular investment app Robinhood announced recently that it experienced a data security breach on November 3, 2021. The incident gave the attackers access to personal information belonging to millions of users on the platform. The “unauthorized party” gained access to the customer support system via a social engineering technique, Robinhood stated in a blog post. Although the security threat has been contained according to the investment platform, the attackers had...

Phantom is one of the most popular and used wallets in the Solana ecosystem. Today, the company revealed they will be releasing a mobile version of their wallet as well. Phantom Rolling Out a Mobile App Phantom is a non-custodial cryptocurrency wallet built for the Solana ecosystem, and it’s one of the most popular apps in the field. According to a press release shared with CryptoPotato, the team will also be expanding its reach upon crossing 1 million weekly active users and...

ING – the Dutch multinational banking corporation – has begun collaborating with the Netherlands’ financial authority on utilizing decentralized finance. The Bank’s Defi Project Annerie Vreugdenhil – ING’s Chief Innovation Officer – said as much at the Singapore Fintech Festival earlier today. Speaking in a panel discussion, the CIO complimented Singapore’s welcoming regulatory environment. As reported last week, the Monetary Authority of Singapore has no plans on banning...

Mastercard is expanding its horizons, bringing cryptocurrency payments to the Asia Pacific region. Mastercard has developed the world’s most extensive payment network, with more than 36 million points of sale in more than 210 countries, according to official figures. Mastercard Offers More Options For The Crypto Enthusiasts Despite surpassing the hundred or so supported currencies and payment methods, Mastercard has been testing compatibility with cryptocurrencies for some...

Centralized cryptocurrency exchange and lending platform BlockFi is next in line to file for a Bitcoin ETF with the SEC. However, this ETF is intended to be backed by hard Bitcoin holdings, rather than futures contracts. The BlockFi NB Bitcoin ETF According to company documents filed earlier today, the “BlockFi NB Bitcoin ETF” (Ticker: BBBB) will issue shares that reflect the performance of Bitcoin held by the trust. It will direct a yet-unnamed custodian to buy or sell...

The leading non-fungible token (NFT) peer-to-peer marketplace – OpenSea – crossed the mark of $10 billion in all-time trading volumes. Interestingly, this number stood at “only” $1 billion in until August this year. $10 Billion And Counting Non-fungible tokens have become highly popular throughout the ongoing year, especially during its second half. Following the developments in the space, OpenSea – the hegemon in the NFT universe – has recently surpassed $10 billion in total...

Huobi Group will move its spot-trading operations to Gibraltar as The Financial Services Commission of the city-state has already greenlighted the initiative, according to a recent report. Gibraltar Caught The Attention of Huobi Following the total crypto ban imposed by the People’s Republic of China, many local companies started migrating their services outside the borders of the most populated country. Huobi Group – one of the leading Chinese digital asset exchanges – has...

Bitcoin ETFs have been a smash hit this year, especially since the launch of the first futures one in the United States last month. But the Spanish counterpart may not be far behind as well. As a matter of fact, the Spanish multinational financial services company Banco Santander is looking to release its very own Bitcoin exchange-traded fund (ETF). The appetite for Bitcoin and other cryptocurrencies is growing at an unprecedented rate. Realizing the need to cater to this...

Digital assets firm Genesis recently published its Q3 Market Observations Report, and it highlights some of the major trends across the market. This time, it shows the demand for bitcoin had faded during Q3 as institutions were exploring DeFi platforms and altcoins. BTC Demand Trends Downward Due to Institutionalization As per the report, BTC demand trended downward during Q3 due to the lack of opportunities for traders to profit from spreads between the BTC price in spot and...

The Federal Bureau of Investigation (FBI) warned about an “increase in scammers” employing crypto ATMs and Quick Response (QR) codes for fraudulent activities. The agency gave valuable tips on how individuals can protect themselves on such occasions. Beware When Using Crypto ATMs Quick Response codes – machine-scannable images that can instantly be read using a smartphone camera – can be used at cryptocurrency ATMs to send payments to an intended recipient. It seems bad...