Tag Archives: AA News

A former cruise ship, built by P&O Cruises Australia, is to receive its new statute. Built-in 1991, the Pacific Dawn will reportedly maintain in seas with a brand new name – Satoshi. Plans are it will be an exquisite hub for digital nomads, entrepreneurs, and crypto companies.“The Crypto Cruise Ship”As per a recent report, the traveling vessel will remain floating with a new useful and exciting purpose. The company Ocean Builders, focusing on constructing floating, off-grid seapod homes,...

Russian billionaire and owner of two giant UK newspapers Alexander Lebedev is looking into launching his own DeFi project. Dubbed The Independent Decentralized Financial Ecosystem (or bank 2.0), it aims to serve as a better performing bank, which benefits all participants.Lebedev Explains The Current Banking ProblemsLebedev, the owner of the UK-based London Evening Standard and The Independent, recently used the latter to publish a post regarding the issues within traditional finance and the...

Crypto traders are excited, especially after Bitcoin’s price boost following Square’s millionaire investment in the world’s first cryptocurrency.Bitcoin managed to survive a bearish September above 10K, maintaining its long-term bullish trend. Since the market crash in March, Bitcoin hasn’t lost its momentum, and after an initial recovery – driven in part by the need to build up a reserve of value and in part by the DeFi craze – the token is slowly but surely rising to new highs.The pair...

The odds of Joe Biden winning the upcoming Presidential election and significant progress being made on the coronavirus vaccine front are unnaturally high, as per Goldman Sachs. Also, what is extremely possible is the US Dollar’s drastic drop to its 2018 lows because of these two probable events, according to the global banking giant. Will this cause bitcoin (BTC) price to break new highs? The Time For The USD’s Drop To A 2-Year Low Is Nigh: Goldman Strategists In one of the...

The leading digital currency asset management company Grayscale Investments announced that its Ethereum Trust will report directly to the US Securities and Exchange Commission (SEC).Grayscale filed a Form 10 with the SEC a few months ago on behalf of the Ethereum Trust to become the second company product designated as a digital currency investment vehicle reporting to the Commission. The other product is the Grayscale Bitcoin Trust. The announcement from today reads that following the...

Google trends data suggests that the worldwide interest in DeFi has been continuously declining since early September. Although the TVL remains high, the question arises if the decreasing interest has something to do with the growing number of screw-ups in the field.DeFi Interest Drops?The start of the new century brought a new trend in the cryptocurrency industry – decentralized finance. Although it’s not a 2020 invention, DeFi exploded in popularity approximately when the COVID-19 pandemic...

Bitcoins worth more than $11 million was moved in a single transaction yesterday, October 11th. Data from on-chain analytics providers reveals that the huge amount has been sitting idle for the past 10 years as this was the first time it was moved.Another Stack of Satoshi-era BTC Transferred YesterdayIt appears that the transactions of bitcoins mined during the days when Satoshi Nakamoto, the network’s pseudonymous creator, was active, are increasing.Yesterday, October 11th, there was a...

100x Group, the organization that owns and operates the popular Bitcoin derivatives platform BitMEX, has appointed a new Chief Compliance Officer – Malcolm Wright.According to the official announcement, Wright will lead the company’s compliance efforts globally. He will assist with BitMEX’s goal to complete its User Verification Programme and to “further enhance our compliance function.”Wright has a 30-year experience in compliance and anti-money laundering (AML) and currently sits on...

The hype of the crypto markets after Square announced a $50 million investment in Bitcoin catapulted the token above the psychological barrier of $11k, sparking a general optimism among BTC bulls… But the bears are also rubbing their hands as they wait for a price correction. According to data from the Bitcoin metrics company, Santiment, the activity of bears in Bitcoin-focused trading channels has surpassed the peaks of 2 months ago, especially after Bitcoin broke the...

This week, Belgium’s Financial Services and Markets Authority made a startling revelation. Cryptocurrency fraud victims have lost at least €10 million between May 2019 and September 2020, the financial regulator said.Belgians Have Lost €10 Million In Cryptocurrency FraudBelgian citizens have lost almost 10 million euros to fraudulent crypto investment schemes. Belgium’s apex financial authority, the Financial Services and Markets Authority, said on Monday. According to the watchdog, this data...