Tag Archives: AA News

Institutional investors employing the services of Grayscale Investments would have the option to choose from five new product additions. Namely, those are Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT).  The company’s recently-appointed CEO, Michael Sonnenshein, broke the news on Twitter earlier today. Upon the addition of the five aforementioned coins, the total number of Grayscale Trusts has grown to 14.  Sonnenshein explained that...

Cardano’s founder Charles Hoskinson is the latest to address the growing threat of fake cryptocurrency giveaways. He blamed social media platforms like Twitter and YouTube for inaction, threatened to delete his accounts, and said his company will investigate if these giant firms are actually benefiting from the ongoing scams.The Growing Threat of Crypto Giveaway ScamsGiveaway scams have skyrocketed in popularity in the past several years. Their method of operation is quite simple but,...

Retail interest for Ethereum has been growing gradually in the past several weeks, at least judging by the new record levels of smaller addresses holding ETH portions.Additionally, the total value locked in the ETH 2.0 Deposit Contract has also reached a fresh ATH of over $6.2 billion worth of the token.ETH: Retail Purchase, Whales SellThe Ethereum network, the underlying technology behind some of the most booming crypto fields lately – NFT and DeFi – has enjoyed a gradual increase in...

The largest cryptocurrency trading platform based in the US, Coinbase, has announced the addition of the fourth-largest digital asset by market cap, Cardano (ADA), on its Coinbase Pro version. Inbound transfers are already enabled, while trading will launch “on or after” 9 AM Pacific Time on Thursday, March 18th. The San Fransisco-based crypto giant released a statement earlier today informing that Coinbase Pro users will be able to buy, sell, or store one of the most popular digital assets...

Retail investors have finally arrived at the bitcoin scene and have outbought institutions, claimed analysts from the giant multinational investment bank – JPMorgan Chase & Co. By analyzing data on popular retail-oriented brokerages, such as Square and PayPal, they concluded that smaller investors had bought nearly 190,000 bitcoins so far in this quarter.Retail Has ArrivedThe cryptocurrency community speculated for months if or when retail investors would come for BTC. After all, the...

In an attempt to serve as the next generation of DLT, Polkadot has announced plans to establish decentralized and trustless bridges to enhance interoperability among various networks. Parity Technologies is developing the first generic bridge that will enable all Substrate-based chains to connect and communicate with each other.Polkadot’s Decentralized BridgesThe blockchain project behind the sixth-largest cryptocurrency by market cap announced its latest developments in a press release...

The legal dispute between Ripple and the SEC continues with full force as the payment processor has requested the Commission to produce documents regarding Bitcoin and Ethereum – as they were officially deemed not to be securities.At the same time, thousands of XRP holders have asked the federal judge in charge to serve as third-party defendants as well.Ripple Seeks Documents on BTC and ETHThe latest developments in the Ripple vs. the SEC lawsuit came to light yesterday following a new letter...

The trend of companies offering crypto services planning to go public has another representative – the multi-asset brokerage company eToro. The move will become possible after a merger with a Special Purpose Acquisition Company (SPAC) called FinTech Acquisition Corp. V. Founded in 2007, eToro is a trading platform enabling its more than 20 million registered users to invest in various cryptocurrencies, stocks, commodities, exchange-traded funds, etc. Earlier today, Reuters broke the news...

AAVE, one of the market’s leading lending protocols, brings further offerings to its value proposition. In a recently released announcement, the protocol revealed that they have now enabled Uniswap and Balancer LP tokens to be collateralized on the platform.AAVE currently holds over $5 billion in total value locked, according to data from DeFi Pulse, and it ranks third in terms of this metric, trailing behind Maker and Compound.In a recent announcement, however, the protocol has taken steps...

As ETH’s price settles around $1,800 following the latest slumps, Ethereum investors continue to withdraw their holdings from centralized exchanges. Consequently, this has led to a new low of ETH tokens held on such trading venues, according to on-chain data.ETH Held on Exchanges Mark a New LowData provided by the analytics company CryptoQuant informed that the number of Ethereum tokens held on centralized exchanges has been gradually decreasing since the last quarter of 2020. At the time,...