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Tag Archives: AA News

Binance Assists Ukrainian Authorities To Arrest Cybercriminals Laundering $42M

The leading cryptocurrency exchange Binance has assisted Ukrainian authorities to arrest a cybercrime organization that allegedly stole and laundered $42 million from various ransomware attacks across the world.Binance And Ukraine Partner To Stop A Cyber GangLast year, the exchange launched a new initiative, dubbed Bulletproof Exchanger aiming to identify and track hubs of malicious activity involving cryptocurrencies or companies within the ecosystem. Upon discovering such activities,...

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Bitcoin Plunges Below $12,000 As The Crypto Market Loses $10B In Hours

There’s never a boring day in the cryptocurrency field and things tend to change in the blink of an eye.Just earlier today, the total market capitalization was sitting comfortably at a 14-month high, and it took less than a few minutes for upwards of $10 billion to be wiped off its sheet. This happened as Bitcoin and other cryptocurrencies took a sudden dive.Bitcoin Dives Below $12,000In two violent red candles, the primary cryptocurrency lost about 3.6% of its value as it plunged to a low of...

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Kraken Lists Polkadot (DOT) For Trading And Staking Following The Second Token Sale

The veteran US-based cryptocurrency exchange Kraken will enable trading and staking services for Polkadot (DOT) starting August 18th. The addition comes shortly after the sharded multichain network raised over $40 million in its second private token sale.Kraken To Add DOT Trading And StakingAccording to the statement from the US exchange, Polkadot is “coming to Kraken, but not without important changes before trading begins.” During Polkadot’s first stakeholder vote, opened to any DOT token...

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Capital One’s Patent For Crypto Trading Recommendation Platform Now Official

Back in April this year, banking giant Capital One had filed a patent for an AI-based crypto fact-checking platform. The patent is now officially published. Will it find enough takers, given the bank’s massive 2019 data breach?Capital One Files Patent For AI-Based Crypto Information AnalyzerAccording to Capital One’s patent, its artificial intelligence-led platform would dissect publicly available cryptocurrency information online to help traders make informed decisions on their crypto...

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Yearn Finance (YFI) Just Broke a Record Not Seen Since ZCASH Launch In 2016

DeFi tokens are leading crypto markets to their highest levels in terms of total market capitalization for over a year.One of the top-performing digital assets at the moment is YFI, as it surges over 70% on the day to reach an all-time high at $12,821. It has become the only cryptocurrency since 2016 to have ever flipped Bitcoin’s dollar value.YFI/USDT. Source: BinanceThe token is the basis of the Ethereum based DeFi yield aggregator Yearn.Finance, which allows users to earn interest and...

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Bitcoin Slows Down After Touching $12,500: Crypto Market Watch

Bitcoin bulls have successfully retained its price above the psychological $12,000 level after yesterday’s push.Elsewhere, Chainlink retraced considerably since marking consecutive ATHs, while Yearn.Finance reached a fresh all-time high just a few hours ago.Bitcoin Price Holds $12,000The primary cryptocurrency attempted to overcome the $12,000 mark a few times this year without any success. Each time, the bears stepped in and drove the price south rather rapidly.After yesterday’s price surge...

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Uptick in Bitcoin SegWit Penetration, Non-Adopters May Soon Be on Notice

While segregated witness ‘SegWit’ adoption dipped after mid-March, the utilization of the protocol upgrade on the Bitcoin network is on the rise. Some industry pundits say time is running out for the declining set of non-adopters to embrace SegWit.Bitcoin SegWit Utilization Now Above 65%According to data from Transactionfee, about 65% of daily Bitcoin payments utilize SegWit. This figure indicates an almost 200% increase in SegWit utilization since the release of the Bitcoin Core...

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Bitcoin Crushing Altcoins as BTC Price Sets New 2020 High

Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...

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The New McAfee: Dave Portnoy Forgets About Bitcoin and Starts Shilling Low-Cap Altcoins To His 1.7M Followers

Less than a week ago, the influential legacy markets day trader Dave Portnoy, had a meeting with Cameron and Tyler Winklevoss – the founders of Gemini and well-known Bitcoin proponents.Even though he supposedly bought Bitcoin during their meeting, his enthusiasm for the primary cryptocurrency was shortlived.Now, Portnoy openly solicits cryptocurrency pump and dump schemes, shilling low-cap altcoin to his 1.7 million followers. Industry experts were quick to observe the similarities between...

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Pantera Confirms Raising $165 Million in Its Cryptocurrency Fund

San Francisco-based crypto and blockchain investment company Pantera Capital confirmed in a recent filing with the United States Securities and Exchange Commission (SEC) that it has raised almost $165 million in its cryptocurrency hedge fund.Venture Fund III Raises $165M In Two YearThe crypto Fund dubbed Venture Fund III was launched on July 31, 2018, and reports suggested that Pantera was targeting to raise a total of $175 million. By mid-August that same year, the company raised $71 million...

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