Tag Archives: AA News

The three largest banks in Japan will set up a study group to examine the benefits of building a common settlement infrastructure for digital payments. Local cryptocurrency exchange DeCurret will organize the group and the meetings, which should take place twice per month.Japan’s Largest Banks Look At Digital CurrenciesAccording to the recent report from the New York Times, the core banks in question behind the study group are Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc,...

The President of the United States, Donald Trump, has tapped Hester Peirce for a second term as a member of the Securities and Exchange Commission (SEC) as her current one is set to expire on June 5th, 2020. Peirce is a vocal defendant of Bitcoin as she opposed the rejections of a Bitcoin-based ETF by the Commission.Hester Peirce For A Second Term At The SECAccording to a Bloomberg Law report from today, the President of the United States, Donald Trump, has nominated Hester Peirce for a...

The inflow of Bitcoin to cryptocurrency exchanges more than quadrupled on June 2, when the Bitcoin price crossed above the $10,000 price range for the first time since February.Bitcoin Holders Trying to Sell at $10,000?Data courtesy of Glassnode reveals a sharp spike in the volume of Bitcoin transferred to exchanges during BTC’s rise to $10,000. Binance was the favored destination for most of the Bitcoin deposits, as seen on the graph below.Bitcoin inflow to major cryptocurrency exchanges...

The man, known as Bitcoin Jesus, has urged people to start using cryptocurrencies instead of what he calls “police money,” if they want to show their opposition to a corrupt justice system.Founder and Executive Chairman of Bitcoin.com, Roger Ver, said in a YouTube video posted on June 3 that the best way to prevent police injustice is to stop participating in the financial system which supports it. Ver said:“I think the best way anybody can help prevent this sort of injustice continuing in...

Trezor, the company offering hardware cryptocurrency wallets, announced a firmware update 1.9.1 for Trezor One and 2.3.1 for Trezor Model T devices. The introduction of the upgrades will fix a security vulnerability regarding SegWit transactions discovered three months ago.The Vulnerability In QuestionAs today’s blog post from the company explains, Trezor requires the previous transaction for non-SegWit transactions to check the UTXO’s real balance. By doing so, the firm ultimately reassures...

Aggregated information from the most popular cryptocurrency exchanges reveals that roughly $449 million worth of BTC was liquidated during yesterday’s price crash. Bitcoin reached as low as $8,600 on BitMEX.$449 Million LiquidatedData from the volume monitoring resource Bybt reveals that roughly around $449 million (at the time of this writing) worth of Bitcoin was liquidated during yesterday’s price crash. This happened in the past 24 hours, and it doesn’t account for the short positions...

Popular Japanese cryptocurrency exchange Coincheck informed that it became a victim of a data breach a few days ago. While the company said that all customer funds are safe, the perpetrators may have gathered users’ personal information and emails.Unauthorized Breach At CoincheckAccording to the statement from the Japanese platform, “a third party” had accessed its domain registration service during the period from May 31st to June 1st, 2020. The perpetrators changed the domain registration...

Seoul’s Court has ordered the “freeze” of all crypto wallets, security deposits, and stock accounts of an individual allegedly involved in child pornography. The decision came after a petition demanded from prosecutors.Cho Ju-bin, The Suspected Head Of Nth Room On TargetAs announced, the Seoul Central District Court Criminal Settlement Division 30 (led by trial chief Lee Hyun-woo) froze 15 crypto wallets of the alleged manager of Telegram channel Nth Room, Cho Ju-bin, who has been under...

Co-Founder and CEO of Blockstream Adam Back believes that Bitcoin could reach $300,000 in five years due to the current economic situation worldwide. In an interview, he also refuted the recent claims that he is the mysterious person behind BTC – Satoshi Nakamoto.Bitcoin To $300,000 By 2025?In his recent interview with Bloomberg, the popular cryptocurrency proponent admitted that he is mining bitcoins, but he’s not selling them. The reason why Back is not disposing of his coins could be...

Avanti Financial Group – the cryptocurrency-native institution announced by the former Wall Street veteran Caitlin Long – has closed an angel round of funding for $5 million.Led by the University of Wyoming Foundation, the funds raised from the series will allow Avanti to comply with all required milestones in its application for a bank charter.Avanti Raises $5MPer the recent announcement, numerous prominent investors participated in the angel round, both inside and outside of the...