Tag Archives: AA News

The popular blockchain company for capital markets, tZERO, has recorded its strongest month in May 2020 as its alternative trading system (ATS) transacted over 400,000 digital securities.Interestingly, the stock price of the parent company Overstock has increased with over 9% since the announcement from tZERO.tZERO Continues GrowingOverstock announced last month that it had completed the issuance of its Digital Voting Series A-1 Preferred Stock (OSTKO) digital dividend. It distributes one...

Six years on from the publication of its original whitepaper, Filecoin (FIL) has launched an incentivized testnet designed to test the network in realistic conditions.Aiming to build a decentralized file storage network, Filecoin carried out a $250 million ICO in 2017 – the largest Initial Coin Offering at the time. It was also the first ICO to be launched with the approval of the Securities and Exchange Commission (SEC), under a SAFT agreement – Simple Agreement for Future Tokens.According...

The Bitcoin hash rate appears to be migrating west after the percentage of BTC mining taking place in the United States increased by 78%, leading into 2020.That’s according to the latest data from the Cambridge Center for Alternative Finance (CCAF), presented in a report by TokenInsight, which shows the US-based Bitcoin hash rate rose from 4.06% to 7.24% between September of 2019 and April of 2020.US-Based Bitcoin Hash Rate Climbs 78%While that moved the US into second place in CCAFs global...

Bitfury Group, a leading European emerging technologies company, will be teaming up with Nippon Angel Investment Company (NAIC) to launch an infrastructure fund, which will reportedly be the first of its kind in Japan.An Important Step Helping Institutional Investors Get Into CryptocurrenciesThe joint project aims to make cryptocurrency easy to access not only for retail but also for institutional investors.As announced on the company’s twitter account today, the Digital Currency Fund is part...

Stablecoins are touted as a hedge against the high volatility in the cryptocurrency markets since they are pegged to a relatively stable asset or a basket of assets like fiats or precious metals. However, new findings reveal that some of these tokens have ties with illicit activities like Ponzi schemes.In its latest state of the network report, crypto analytics firm Coin Metrics analyzed the supply and activity distribution of stablecoins, including market leaders Tether (USDT), USD Coin...

Bakkt, the Bitcoin derivatives trading and custody platform owned by the Intercontinental Exchange (ICE), has partnered with the investment management company Galaxy Digital to launch a joint trading and custody venture for digital assets.The official announcement unveiled earlier today informs that Galaxy Digital Trading, an affiliate of Galaxy Digital, will provide the market access and trading capabilities for the new collaboration. The Bakkt Warehouse, on the other hand, will serve as the...

A recent transaction on Ethereum’s network saw someone pay 10,668 ETH in fees while the actual value of the transaction was 0.55 ETH. This isn’t the first instance of something like this happen as insane fees have been paid on several occasions in the past.$2.5 Million Worth of ETH Fees for a Single TransactionAccording to Etherscan, approximately two hours ago, someone sent 0.55 ETH to an unknown address. And while all of it might seem like a regular Wednesday, the transaction fees paid for...

A recent cryptocurrency scam running live on YouTube managed to dupe nearly $150,000 in Bitcoin from victims. Interestingly, the scam impersonated Elon Musk’s SpaceX channel and broadcasted recorded videos of the recent successful launch of two astronauts to the International Space Station.SpaceX And BTC Giveaway ScamFraudsters are frequently attempting to dupe victims with a form of a cryptocurrency giveaway. Oftentimes, they use a widely-popular current event to connect with the fake...

Bitcoin is expected to land on Germany’s Deutsche Börse XETRA stock exchange in the form of a physically-backed ETC in the coming week.According to German news outlet Handelsblatt, ETC Group will list the Bitcoin Exchange Traded Crypto (BTCE) on Deutsche Börse’s digital trading platform. Users from the UK, Italy, and Austria will also have access to the ETC when it goes live.Physically Backed Bitcoin ETC Set to LaunchThe Bitcoin ETC will launch with the full approval of Germany’s financial...

The Nasdaq Composite reached an ATH today, propelled mostly by large technology stocks, even while Bitcoin hovered below $10,000.NASDAQ HITS ALL-TIME HIGH!— Donald J. Trump (@realDonaldTrump) June 9, 2020Nasdaq Erases Previous LossesToday, the Nasdaq erased Coronavirus losses to seize a new record with the index led by the likes of Apple, Microsoft, Amazon, Alphabet, Netflix, and Facebook, which have driven a surge of 45% since last March. The Nasdaq Composite hit an all-time high today,...