Tag Archives: AA News

With just a few days left until the long-anticipated Cardano network upgrade and hard fork, Binance indicated that it will support the event. This comes as more than 80% of the Cardano pools have successfully upgraded to Alonzo 1.29.0. In a statement from September 9th, the leading digital asset exchange announced its intentions to support the upcoming Cardano network upgrade. The event is expected to take place on September 12th at around 21:45 (UTC) – during epoch 290....

Moonbeam – a Polkadot parachain smart contract platform with Ethereum compatibility, has partnered with Lido, a liquid staking derivatives protocol currently live on the Ethereum and Terra blockchains, to bring liquid staking to the Polkadot DeFi ecosystem. The press release shared with CryptoPotato informed that the integration would enable Lido to provide liquid staking to Moonbeam and its Kusama-powered sister network, Moonriver. It will also allow Polkadot (DOT) users to...

El Salvador made history earlier this week when it became the first country to officially accept Bitcoin as a legal tender. While the community rejoiced about the significance of the news, Fidelity’s Director of Global Macro – Jurrien Timmer – said the move had been overplayed. BTC Adoption in El Salvador is Overplayed Three months after the surprising announcement that the country will adopt Bitcoin, El Salvador officially went into the history books on September 7th as it...

Blockstream, the blockchain-focused company spearheaded by Adam Back, will develop and manage zero-emission Bitcoin mining facilities with the first to be built in North America. The firm’s initiative will come to life through a partnership with an Australian multinational independent investment bank – Macquarie Group. The Canada-based blockchain company continues with its effort to minimize the environmental damage caused by Bitcoin mining. The latest initiative comes...

The non-profit IOTA Foundation is among the seven projects chosen by the European Commission to partake in the first design phase of the European blockchain initiative. A Milestone for IOTA IOTA made the announcement in a blog post published on Tuesday (September 7, 2021). According to the blockchain project, IOTA would be involved in the initial stage of the pre-commercial procurement (PCP) process for the European Blockchain Services Infrastructure (EBSI). The EBSI is a...

Nick Johnson, the lead developer of the Ethereum Name Server (ENS), recently unveiled a bug on the NFT marketplace OpenSea, which caused him and other traders to lose about $100 000 in NFTs to burn addresses. The bug has been patched since, but the damage is irreversible. What Happened? Johnson explained the bug in a Twitter thread yesterday, where he announced that he’d “accidentally burned the first ENS name ever registered.” It began with him attempting to transfer the...

The third-largest bitcoin wallet has been busy buying the dip. During the current market downturn, the whale entity added almost 500 BTC to its stash. The mysterious third-largest Bitcoin whale bought 490 BTC when it was exchanging hands at around $46,800 in a transaction with a face value of $23 million. WhaleAlert reported that it took place on September 8 at 00:05 GMT, and the coins were moved from the US-based crypto exchange Coinbase. As of press time, that whale still...

In a recent report published by English bank Standard Chartered, analysts structurally value Ethereum at “USD 26,000- 35,000” while also predicting that Bitcoin will reach 170k. Standard Chartered: Why ETH beats Bitcoin for Investment The financial service giant’s report, titled “Ethereum Investor Guide,” explains the network’s value proposition while comparing and contrasting it with the Bitcoin network. Based on their research, analysts Geoff Kendrick, Christopher Graham,...

KILT Protocol is the winner of the 6th edition of the Parachain Slot Auction organized by Polkadot’s canary network, Kusama. KILT Goes Live According to a press release shared with CryptoPotato on Wednesday, the KILT Protocol mainnet is now live following the announcement of the milestone. The project describes itself as an open-source blockchain identity protocol for issuing claim-based verifiable, revocable, and anonymous credentials on Web 3.0. In the PR, KILT gave a...

Popular cryptocurrency exchange Bitfinex has announced the launch of a new trading platform focused on Security Token Offerings (STOs). Bitfinex said in a recent announcement that the new platform will operate under the financial laws of Kazakhstan, as provided by the Astana Financial Services Authority (AFSA). The STO exchange, dubbed Bitfinex Securities Ltd, has been launched as part of the company’s efforts to support the development of the global financial industry....