Tag Archives: AA News

In an effort to drive crypto adoption in the United States, Dash, an open source cryptocurrency forked from the Bitcoin protocol, has recently launched a retail savings app dubbed DashDirect. Dash Launches DashDirect Savings App In its official announcement today, Dash revealed that the new app will allow DASH holders to spend their coins at thousands of retail stores in the U.S. Users of the app can pay with DASH for exclusive discounts on their everyday purchases at...

Global payment giant Mastercard has introduced a new Start Path startup engagement program for cryptocurrency and blockchain companies, with the aim of improving innovation and increasing crypto adoption. Seven Crypto and Blockchain Companies Join Startup Program In a press release on Tuesday (July 27, 2021) Mastercard revealed that seven cryptocurrency and blockchain startups have joined the company’s new Start Path program. Since the beginning of the startup initiative in...

To support the Indian blockchain development ecosystem, Solana, a high-performance blockchain network, has revealed that it will be rolling out a new hackathon exclusively for Indian developers and entrepreneurs. Solana Unveils Hackathon with Over $80k in Prizes  In a tweet on Tuesday, Solana noted that the hackathon, dubbed “Building Out Loud,” will last for 3 weeks and registration for it is open to students, Web2 and Web 3 developers, engineers, and basically anyone who is...

The ruling body of Kazakhstan will reportedly allow local banking institutions to offer cryptocurrency exposure to clients. The implementation will run for one year, after which the government will decide whether to extend it. Bank Accounts for Crypto Transactions in Kazakhstan The Kazakhstani news channel Khabar 24 reported that the government plans to officially authorize local banks to open accounts for transactions with digital assets. Numerous institutions will soon be...

Binance NFT marketplace and the Saint Petersburg-based State Hermitage Museum joined forces to create and release a limited edition of non-fungible tokens with digital copies of world-known masterpieces. The collection will consist of works by Vincent van Gogh, Leonardo da Vinci and many more. NFT Copies of Renown Paintings The cryptocurrency exchange Binance announced that it would partner up with one of the largest Russian museums – the State Hermitage Museum – to issue...

One of the leading cryptocurrency exchanges, Huobi, has filed to dissolve an entity based in China. This comes as the country escalates its efforts to clamp down on the cryptocurrency industry, in general. Evident in Chinese business registration archives, the entity’s management has filed a Resolution to dissolve On July 22nd, this year. The announcement further reads that “creditors are requested to declare their claims to the liquidation team within 45 days from the...

Vlad Tenev – the Chief Executive Officer of Robinhood – revealed that the company is looking to provide its customers with more cryptocurrency services such as a digital wallet. However, he did not specify when the firm would implement the new offerings. Is Robinhood Expanding Its Crypto Scope? The American financial services company – Robinhood Markets Inc. – is reportedly planning to offer more cryptocurrency options to its nearly 18 million users. During a recent public...

An Amazon spokesperson has said that the earlier reports of the company planning to accept Bitcoin and to investigate the issuance of its own token next year are false. Previously, a report from City AM, citing Amazon insiders, claimed that the world’s leading online retailer plans on accepting Bitcoin and to investigate issuing its own token in 2022. The report went even further, saying that: This isn’t just going through the motions to set up cryptocurrency payment...

PlanB, a quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model, is still very much bullish about the future of the leading cryptocurrency.  The drop in bitcoin’s price within the last three months has raised many questions among crypto traders and analysts on whether or not the bull market is still intact. However, PlanB is unconcerned about the current market trends, and he is looking ahead to what’s to come.  For clarity, the stock-to-flow...

Tether just issued a brief response to a Bloomberg article published earlier today, alleging that the company’s executives are facing a criminal probe into Bank Fraud.  Tether implies that Bloomberg’s claims are recycled, pointing out that the article is based on unnamed sources and stale, years-old allegations. The stablecoin issuer considers the article as part of a continued effort to discredit them while being “patently designed to generate clicks.” Tether says that they...