Tag Archives: AA News

Three months after registering Hashed Venture Fund I, the blockchain-focused investment group Hashed has already raised $120 million. The organization plans to utilize the funds to invest in the blockchain space and other fintech companies focused on protocol economy.Hashed Has Raised $120M In Three MonthsBased in Seoul, North Korea, Hashed’s mission is to enhance the mass adoption of blockchain technology and also to provide research and advisory services to companies in the field.In a press...

Switzerland’s SEBA bank successfully completes a series B fundraiser, giving further merit to the notion that the country is becoming a hub for cryptocurrency business.Another Successful FundraiserThe Swiss start-up bank has officially completed its second stage of capital fundraising. The institution which sells cryptocurrencies to its customers has been planning the Series B phase since January this year.According to an official publication, the bank has just executed its Extraordinary...

Ripple’s CEO Brad Garlinghouse has classified the charges on his company brought by the US Securities and Exchange Commission (SEC) as an “assault on crypto at large.” In a recent blog post, he outlined that the Commission is wrong and that the payment processor will prevail in the legal battle.Ripple Responds to the SECFollowing rumors of SEC charges against Ripple, the Commission made it official yesterday. The agency alleged that the payment processor had conducted a $1.3 billion...

Although BTC has exploded above $20,000 recently, Anthony Scaramucci from the billion-dollar hedge fund SkyBridge Capital said that there’s more room for growth as the asset is still in the first inning.He added that his organization has put in $25 million in the recently announced Bitcoin Fund, which will be available for accredited investors from January 4th, 2021.Details On The BTC Fund Launched By SkyBridgeCryptoPotato reported recently that the Wall Street giant SkyBridge Capital,...

In a Bitcoin-related kidnapping event in Karnataka, India, abductors asked for a 100 BTC ransom for the son of a local businessman and crypto investor. The police managed to capture six suspects on the case, which were all related to the victim’s family.100 BTC for The Son of A Crypto InvestorAn eight-year-old boy from India has been kidnapped with a ransom note demanding 100 bitcoins, worth about $2.3 million. The incident happened in the southwest Indian state of Karnataka while the child...

Following weeks of speculations, the US Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed a new set of regulations on self-hosted crypto wallets. The organization gave stakeholders 15 days to respond to the propositions, but Coinbase has continued opposing the idea and asked for an extension of that period.FinCEN’s Newly Proposed Crypto RegulationsThe cryptocurrency community has speculated on rumors that the US Treasury could be working on new legislation for self-hosted...

Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day.Bitcoin’s Wild Ride ContinuesAfter a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed for further increases. Initially, bitcoin indeed headed north, resulting in a fresh all-time high of $24,300 (on Bitstamp).However, the bears...

The moment has come. Apparently, the SEC is ready to sue Ripple for issuing XRP as a non-registered security.After several years of uncertainty, it seems that U.S. regulators would be willing to answer once and for all the most crucial question that any member of the XRP Army has ever asked. Is XRP a security?According to Fortune, the American company received a notice on Monday that it would be sued by the SEC. Brad Garlinghouse, Ripple’s CEO, did not deny the news and, in fact, spoke out on...

During a recent live-streamed conference, Justin Sun’s TRON and BitTorrent announced the latest developments within the decentralized streaming platform DLive. They will allow users to employ peer-to-peer technology and become nodes in the growing network while lowering the costs.DLive Protocol’s Latest ImprovementsAccording to a press release shared with CryptoPotato, the leading peer-to-peer sharing technology project, BitTorrent hosted a 12-hour long conference viewed by over 125,000...

Bitcoin’s price went on a rollercoaster today, and the volatility continues to be rampant. Amid all this, the market saw more than $800 million in liquidations of both long and short positions in the past 24 hours alone.Bitcoin’s Rampant VolatilityTrading is a zero-sum game. For someone to win, someone else has to lose. This was perfectly exemplified in today’s market performance.Bitcoin’s price went from a high at above $24,300 to a low below $21,850 in a matter of hours. To anyone thinking...