Tag Archives: AA News

Yield farming aggregator and DeFi clone Dracula Protocol has released details on a smart contract bug in rival DeFi protocol SushiSwap. The protocol was started in protest at SushiSwap which it claims was an unfair launch resulting in ‘vicious dumping’ on ordinary retail investors which eventually led to a massive price crash. “When Sushi entered the market, centralized exchanges and major corporations listed and supported the project, despite its lack of ingenuity or novel...

The Japanese financial services group SBI Holdings is not playing on easy mode when it comes to e-Sports. Not only it is investing heavily on its team, but SBI also hopes to take advantage of the opportunity to boost the growth of the crypto-verse. To strengthen its presence in the gaming scene, SBI e-Sports – the professional e-Sports team sponsored by the financial giant – announced the recruitment of two top gamers: Subaru Sagano, AKA Mickey; and Kenji Suzuki, AKA Ken. Ken...

A 40-years-old man from Auckland has been arrested because of an alleged money laundering scheme he orchestrated. He has been served with multiple charges, amongst which dubious cryptocurrency transactions and purchases of luxury goods. Thousands Of New Zealand Dollars To Buy Cryptocurrency According to a recent news report, the arrested man faces a pile of 30 charges for his actions, most of which connected with money laundering. After appearing in the Auckland District...

Polkadot is one of the biggest cryptocurrency projects, currently ranked eight in terms of total market capitalization. Now, the team has revealed that trustless wrapped Bitcoin will come to its ecosystem in early 2021 through Interlay – a framework designated to allow permissioned and permissionless blockchains to connect and interact. Polkadot’s BTC-Relay Effort Known as Interlay, the framework that has been under development since 2018 aims at allowing various permissioned...

Twitter chief Jack Dorsey has urged his followers to donate Bitcoin to support the protest over police brutality in Nigeria. Earlier today, Jack Dorsey, CEO of Twitter and Square, showed his support for the ongoing #EndSars protest over police brutality in Nigeria. Dorsey, a Bitcoin proponent, encouraged Bitcoiners to make BTC donations towards the fight against the Special Anti-Robbery Squad (SARS) in the largest black nation. #EndSars: The Genesis SARS is a unit of the...

The deadline for submitting a rehabilitation plan for reimbursing Mt. Gox creditors has been delayed once more – this time to December 15th, 2020. As CryptoPotato reported before, the Tokyo District Court had issued an order indicating that the submission deadline was until October 15th.  Nobuaki Kobayashi, the Mt. Gox rehabilitation trustee who has been designing the plan for more than a year, announced the delay earlier today.  The statement reads that as “there are...

Ethereum investors prefer to HODL their assets, according to recent data. About 60% of all ETH tokens haven’t moved in at least one year. The question remains how and if this trend will change in the following months after the launch of the long-anticipated Ethereum 2.0, enabling investors to stake their ETH holdings. ETH Investors In HODLing Mood The “Hold Wave” chart provided by the analytics company Glassnode displays a macro view of how long a given coin is held before...

Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional economic stimulus. In the past 24 hours, BTC initiated a leg up towards its daily high of $11,550 (on Binance)....

The research added that around 14% of the total supply is currently held in accumulation addresses. The findings by on-chain analytics firm Glassnode report that there has been a steady up trend in Bitcoin accumulation since the beginning of 2019. The chart overlays price action and the two do not appear to be correlated as prices have been sideways on that long time frame. The balance in accumulation addresses fell sharply during the massive bull run in 2017 as long term...

The popular decentralized finance tracking resource DeFi Pulse has introduced a new tool to measure risks within the DeFi ecosystem. Developed in collaboration with the digital asset modeling platform Gauntlet, the instrument has already graded two “very safe” DeFi protocols – Aave and Compound. The Launch Of DeFi Pulse Economic Safety Grade The DeFi trend exploded in popularity in recent months, with numerous projects emerging offering alluring investment opportunities for...