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Tag Archives: AA News

35,000% in 7 Days: The Unbelievable Story of Yearn Finance (YFI)

The space of Decentralized Finance (DeFi) is undoubtedly where all eyes are right now. The value locked in lending protocol continues to surge, and it shows absolutely no signs of slowing down.Every day is riddled with exciting events. Today, one of the recently launched DeFi tokens, YFI, brings returns upwards of 35,000% to those who got in the party early. The funny thing behind all this is that it was never intended to have any financial value.Yearn Finance (YFI): “It Has 0 Financial...

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Robert Kiyosaki: Bitcoin, Gold, and Silver Make People Smarter And Richer

Rich Dad, Poor Dad author Robert Kiyosaki doubled-down on his vision that Bitcoin has the same role among young people as gold has among the elderly. He also noted that BTC and precious metals “make people smarter, richer, and stronger against Fed.”Bitcoin Will Make You Smarter And Richer: KiyosakiThe author of the New York Best Seller book Rich Dad, Poor Dad, took to Twitter his opinion about Bitcoin, gold, and silver.BITCOIN educates young. Most gold guys old. Bitcoin informing new...

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Bitcoin Suisse Raised $50M To Enhance Current Operations And Launch An STO

Switzerland-based digital asset service company Bitcoin Suisse has successfully raised nearly $50 million in a Series A financing round. The company plans to utilize the funds to enhance its staking services and custodial solutions before initiating an STO.Bitcoin Suisse Raises $50MAs CryptoPotato reported in May, Bitcoin Suisse AG planned to hold new funding round to raise about CHF 45 million ($48 million). Earlier today, the Swiss organization announced the successful completion of the...

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BNB Skyrockets To $20 As CZ Hints On A Binance DeFi IEO

Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...

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DC Federal Court States That Bitcoin is a Form of Money

A US federal court ruled that Bitcoin is a form of “money” covered under the District of Columbia’s (D.C.) Money Transmitter Act. The conclusion is part of a criminal action involving the U.S. versus Larry Dean Harmon, who operated a Bitcoin mixing platform.U.S. Court Regards Bitcoin as Money in Charges Against Helix OperatorIn the U.S., financial regulators have used to debate over the status of Bitcoin as a commodity or security. A federal court set a precedent when it called Bitcoin...

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Cryptocurrency Market Cap Up $18 Billion: The Crypto Weekly Market Update

This week, unlike many of the previous ones, was full of excitement on the entire cryptocurrency market. For once, Bitcoin woke up from its sleep and staged an impressive performance, gaining about 5% of its Dollar value.While this may not sound like a lot for a whole week of trading, it’s important to remember that in the days before that, BTC was pretty much stuck in a $200 range. The tightening of the Bollinger Bands, however, played out, and the price took a turn for the best.Bitcoin is...

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ESPN To Launch Online Gaming Platform With Bitcoin Payments

ESPN Global has recently developed an online gaming platform with blockchain technology. The E-Sports Programming Network’s gaming environment will allow users to compete with each other in a variety of game battles and tournaments, where they’ll be able to win money.Players Can Make Payments Via BitcoinAccording to a news report, the upcoming platform will give users the chance to get a premium membership, which will allow them to play slots, plus early access to the latest and most...

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Bitcoin Is Inevitable: Chess Legend Garry Kasparov

Russian chess grandmaster Garry Kasparov is a supporter of blockchain, cryptocurrencies, and Bitcoin in particular. In a recent interview, he outlined some of the digital assets’ merits, including increasing personal protection and allowing people to reclaim control over their finances.Kasparov Believes Bitcoin Is Here To HelpArguably the greatest chess player of all time, Kasparov spent 225 out of 228 of his active months as the world number one. Upon his retirement in 2005, the former...

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The Story Behind The Problematic Listing Of Ampleforth (AMPL) on FTX Exchange

Ampleforth (AMPL) was listed on the popular cryptocurrency derivatives and spot exchange FTX yesterday.While a spot listing is something that no one would question, FTX also listed AMPL for futures trading under their Perpetual contract. This raised more than a few eyebrows, mainly because of the cryptocurrency’s underlying mechanics and its impact on spot prices.Less than a day after the listing, the price for AMPL shot up to $13,000, which, according to the CEO of the exchange, was “an...

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Son of Former Nissan CEO Paid $500,000 in Crypto to Arrange Escape

Anthony Ghosn, the son of former Nissan boss Carlos Ghosn, revealed to prosecutors that he paid about $500,000 in cryptocurrency to one of the two men who helped Carlos break free from Japan.Carlos Ghosn’s Son Transferred Half a Million in Cryptocurrency Through CoinbaseAccording to Reuters, US prosecutors said in a court filing that Carlos Ghosn’s son paid about half a million dollars to one of the Massachusetts men responsible for the escape of the former Nissan chairman.At the end of last...

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