Tag Archives: AA News

Mastercard has launched its Mastercard Crypto Credential, facilitating the first peer-to-peer (p2p) pilot transactions that simplify and secure blockchain transfers. The latest offering will enable users on the Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of cumbersome blockchain addresses. This new capability is designed to enhance transaction simplicity and security, promoting broader crypto...

With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent over 30 million transactions to a single one, primarily for inscription-related...

Japanese cryptocurrency trading platform – DMM Bitcoin – fell victim to a hack resulting in a massive loss of Bitcoin worth around $305 million on May 31st. The exchange confirmed the attack and revealed that 4,502.9 bitcoins were drained from their systems. DMM Bitcoin has not provided additional details regarding the breach but stated that it is conducting an investigation and has implemented measures to avoid a recurrence of such an attack. DMM Bitcoin Hacked Following the...

Analysts from the market intelligence platform CryptoQuant say the recent bitcoin (BTC) moves by the defunct crypto exchange Mt. Gox are no cause for alarm and would cause no immediate selling pressure on the digital asset. According to the latest weekly report from the analytics firm, the transfers were executed between Mt. Gox’s trustee addresses and are not a sign that creditor repayments have begun. No Cause for Alarm On May 27, on-chain analysts noticed the movement of...

Rashawn Russell, a former investment banker, has been sentenced to 41 months in jail for wire fraud related to a cryptocurrency and access device fraud. Russell’s sentencing took place at the Eastern New York District Court in Brooklyn after his September 2023 guilty plea. Former Banker’s $1.5 Million Crypto Fraud Prosecutors detailed that Russell began soliciting investments in November 2020, targeting friends, former college classmates, and co-workers for his R3 Crypto...

Ethereum co-founder Vitalik Buterin donated 30 ETH, valued at around $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through the decentralized fundraising platform Juicebox. According to the on-chain data, the transaction from an address linked to Buterin, named vitalik.eth, was made at 1:58 am EST on May 30 to the “Free Alexey & Roman” legal fund on Juicebox, which had raised 595.82 ETH, worth approximately $2.2 million....

ConsenSys-backed Layer 2 network – Linea – has extended support to StarkWare’s statement denouncing Matter Labs’ attempts to trademark the term “zero-knowledge” (ZK) in nine countries. Matter Labs, the entity behind zkSync, aims to assert exclusive control over this foundational cryptographic concept, sparking outrage across the industry. Notably, Matter Labs has also pursued the registration of a token under the ticker symbol “ZK” with exchanges in a bid to further their...

While meme coins are all the rage now, the OG Dogecoin has been relatively quiet. DOGE’s price action has been underwhelming at $0.158, as it was almost 4% down over the past week. Despite this, whales have bought more than 700 million DOGE in the past 72 hours alone. This stash is worth around $112 million at the current price of $0.16. DOGE Whales Accumulate Dogecoin’s recent performance has been mixed. It gained over 17% monthly but declined over the past week and fell...

The surge in celebrity-backed tokens, fueled by the frenzy for meme coins, has polarized the community. One such meme coin that has captured the market attention is that of American TV personality Caitlyn Jenner’s JENNER token. Jenner launched 12 meme coins on the Solana blockchain within a mere four days, reaping profits of 2,381 SOL, which is equivalent to $405,000. $405K Earnings in Just 4 Days Lookonchain’s latest findings reveal that Jenner’s approach included launching...

European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. Why Are Europe’s Bitcoin ETFs Losing Customers? During that same period, ETPs for other cryptocurrencies, such as Ether, absorbed $42 million...