Tag Archives: AA News

Anthony Ghosn, the son of former Nissan boss Carlos Ghosn, revealed to prosecutors that he paid about $500,000 in cryptocurrency to one of the two men who helped Carlos break free from Japan.Carlos Ghosn’s Son Transferred Half a Million in Cryptocurrency Through CoinbaseAccording to Reuters, US prosecutors said in a court filing that Carlos Ghosn’s son paid about half a million dollars to one of the Massachusetts men responsible for the escape of the former Nissan chairman.At the end of last...

The total market capitalization has lost about 4 billion of its value in the past few hours, and the question is if this is simply a correction or a trend reversal.At the same time, the precious metal market continues to soar with record gains, particularly silver.Crypto Market Retraces By $4BVolatility returned to some extent for Bitcoin this week. Following weeks of stagnation, BTC firstly broke the resistance at $9,300 and then continue towards conquering $9,500.Bitcoin’s intraday high...

Ethereum co-founder, Vitalik Buterin, recently posted on the progress being made on the interoperability between the two Ethereum chains. Serenity will usher in a completely new blockchain for the platform, but there will be a transition period when both the new and the old will need to work together.Work on “the eth1 -> eth2 merge” is already happening. https://t.co/TfErDqcc9B— vitalik.eth (@VitalikButerin) July 23, 2020The original tweet was posted by lead developer Danny Ryan, however,...

Satoshi Nakamoto  — the pseudonymous Bitcoin (BTC) creator — may have mined over 1.1 million bitcoins if the details from a recent report are to be believed. Early Bitcoin miners like Satoshi were able to use CPUs to secure the network during the project’s infancy.The $10.9B Satoshi StashAccording to a report by Whale Alert published on Monday, an in-depth examination of the “Patoshi pattern” puts the Bitcoin creator’s horde at 1,125,150 BTC instead of the more conservative 600k-700k BTC...

Bitcoin peer-to-peer (P2P) trading volume in several countries, including India, Mexico, and Argentina, has hit all-time highs this week, according to data from LocalBitcoins and Paxful.Regular People in Developing Countries Are Actively Trading CryptocurrencyDuring the last two months or so, Bitcoin has been more stable than ever, fluctuating between $9,000 and $10,000. Binance CEO Changpeng Zhao jokingly compared the oldest cryptocurrency to a stablecoin. However, people across developing...

The Bank of Lithuania has officially launched its blockchain-based digital collector coin called LBCOIN. Although bank officials clarified that it’s not a CBDC, they suggested LBCOIN could eventually lead to releasing a central bank digital currency.Bank Of Lithuania’s Digital Collector CoinAs CryptoPotato reported recently, the central bank of the Baltic country had finished with the development stages of the LBCOIN and was planning to initiate a pre-sale. With some delays, the Bank of...

The increased number of fake Bitcoin giveaways on YouTube involving various celebrities has pushed Apple Inc co-founder Steve Wozniak to file a lawsuit against the platform and the parent company – Google.Wozniak Sues YouTube Because Of Fake BTC GiveawaysFake Bitcoin giveaways are a growing threat in the cryptocurrency industry. Scammers begin live streams on YouTube impersonating famous individuals or companies and offer to double all BTC funds victims send to their addresses. Needless to...

The Syscoin Foundation announced that the Syscoin Ethereum Bridge would be used and explored by the stablecoin of the world’s largest exchange, Binance (BUSD).Per the agreement, BUSD will be available on Syscoin’s network. The stablecoin, issued by Binance and Paxos, pegged 1:1 with the US Dollar, is approved and regulated by the New York State Department of Financial Services (NYDFS).Syscoin’s Network to Feature BUSDAccording to a press release shared with CryptoPotato, the stablecoin issued...

On Wednesday, July 15, Twitter accounts belonging to prominent individuals, including Elon Musk, Barack Obama, Bill Gates, Jeff Bezos, and a number of crypto industry executives, were commandeered by hackers who allegedly gained access to internal content moderation tools.A scam was posted requesting Bitcoin to get double the returns. The news went global, and the uninformed crypto detractors blamed Bitcoin once again, though markets did not react, and the price of the asset was...

National banks and federal saving associations can now offer crypto custody services to customers following approval from regulators in the country.OCC Okays Crypto Custody Operations for US Federal BanksAccording to a letter issued by the Office of the Comptroller of the Currency (OCC) on Wednesday, U.S. Federal banks can now offer crypto custody services. The decision follows last month’s request by the OCC for public input on the matter.As part of the letter, the OCC explained the...