Tag Archives: AA News

Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation.Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit the $5 billion mark.ETH Regains Position Above the $420 Level After 2 YearsIn a thunderous bout of volatility, ETH jumped by more than 8 percent to...

The US Department of Justice (DOJ) has made its largest seizure of cryptocurrency accounts allegedly belonging and operated by some of the most feared terrorist organizations, namely al-Qaeda, ISIS, and Hamas.DOJ Seizes Cryptocurrency Accounts Operated By TerroristsAccording to the press release shared by the Justice Department earlier today, US authorities have seized over 300 accounts containing millions of dollars worth of various cryptocurrencies allegedly belonging to terrorist...

Tron has partnered with Waves to connect the two respective blockchain networks called Solidity and Ride to push mass adoption in the decentralized finance (DeFi) field.All TRC-20 tokens will be available on the Waves blockchain and vice-versa with the assistance of the cross-chain communication network – Gravity.TRON Partners With WavesAccording to a press release shared with CryptoPotato, Tron and Waves aim to resolve one of the main issues within the DeFi space. While the statement...

The Ethereum transaction fees reached a new all-time high following the latest DeFi craze YAM. A simple approval operation on some decentralized exchanges like Uniswap costs upwards of $13 on occasions.ETH Gas Fees Through The RoofThe Ethereum blockchain is the underlying technology behind the majority of the DeFi-based projects. Investors wanting to allocate funds into such assets can do so by swapping ETH on platforms like Uniswap.The multitude of emerging projects, as well as the increased...

One of the most popular supporters of Craig Wright has started filming a documentary aiming to prove that Wright is indeed the creator of Bitcoin.At the same time, Wright said in a recent interview that BTC HODLers are not using the asset properly as he envisioned, and he has returned to “make things right.”An Upcoming Movie Regarding Bitcoin’s “Creator”Calvin Ayre, the founder of Ayre Group, has been a long-time supporter of Craig Wright and Bitcoin Satoshi Vision (BitcoinSV). Despite...

Coinbase customers in the US will have the opportunity to receive cash loans against their Bitcoin holdings. If approved, the company’s clients might get their loans in two to three days.The Waiting ListAs per an official recent announcement, Coinbase has set a specially designated waiting list for their customers, who might like to take up on the offer and borrow a given amount of cash. The main idea is that via this new opportunity they will have some more control over their crypto...

YAM – the financial experiment that started less than 48 hours ago crashed following an error in its rebasing mechanism that wasn’t fixed in time.This event highlights the importance of proper due diligence in the field. Even though the development team made everything they can to disclose the dangers and the risks of the protocol, and they put warning signs wherever they can, people lost money as YAM’s value was virtually obliterated.What Happened With YAM?Yesterday, CryptoPotato reported...

The leading cryptocurrency data aggregator website CoinMarketCap has launched a new earning initiative for users. Dubbed CoinMarketCap Earn it will enable customers to watch educational videos and complete quizzes about certain digital assets and receive a pre-determined amount of coins as rewards.CMC Earn Is LiveThe official announcement from the popular data aggregator asserted that the new program will be a “place for crypto enthusiasts to learn more about a crypto-asset while getting...

YAM Finance, the latest yield farming sensation, witnessed a bug in the rebase mechanism. However, the developers of the protocol assure users that funds are unaffected.Bug Found in Unaudited DeFi ProjectDevelopers at new DeFi sensation have found a bug in the protocol’s rebase contract. The team announced the news via Twitter hours ago.Rebasing refers to the process of setting a new base level for a price index. As an elastic supply token, rebasing should trigger push/pull pressure on YAM...

The DeFi space continues to amaze as there’s something unbelievable happening almost every other day.YAM – a cryptocurrency created less than a day ago with absolutely no economic value at launch, is currently trading at over $150.And that’s not even the part that’s hard to grasp. In less than 24 hours, the cryptocurrency community has locked $500 million in DeFi protocols to farm YAM. This led to a market-wide increase as all of the supported protocols see their native tokens skyrocket.YAM...