Tag Archives: AA News

The most widely used video-sharing platform, YouTube, has resumed the Crypto Purge with one significant difference. While some cryptocurrency content creators are again receiving warnings, others had their whole channels terminated.Same Thing Different MonthDecember 2019 saw the birth of what later became known as the YouTube Crypto Purge. The Google-owned video-sharing platform started issuing warnings and removing videos of numerous prominent cryptocurrency content creators.Since then, the...

While reviewing the upcoming distribution of digital assets left in Cryptopia storage, Judge David Gendall at the High Court in New Zealand classified Bitcoin and all cryptocurrencies as “properties.” The decision means that users of the exchange are allowed to receive the remaining funds.New Zealand Court: Bitcoin Is PropertyCryptopia was a New Zealand-based cryptocurrency exchange with a significant number of users. In January 2019, however, the platform suffered two back-to-back hacks. The...

Bitcoin Cash saw its halving happen yesterday, and the effects on the network are already evident. The hash rate has dropped substantially, and the time between blocks has also increased.Bitcoin Cash Halving Consequences: Hash Rate DropsBitcoin Cash (BCH) had its halving yesterday, and the reward for adding blocks on its blockchain was halved to 6.25 BCH.Naturally, this had an immediate effect on the network’s overall performance. First things first, the hash rate dropped...

The Tezos Foundation has collaborated with several Swiss-based cryptocurrency companies to tokenize Bitcoin. Called tzBTC, it gives holders the ability to interact with Tezos smart contracts while pegging to the value of Bitcoin.Tokenized Bitcoin On Tezos BlockchainThe Bitcoin Association Switzerland announced launching the tzBTC digital token in a press release shared with CryptoPotato.It’s entirely backed by the primary cryptocurrency – Bitcoin – and it uses the recently developed FA1.2...

Netherlands-based retail brokerage platform BUX has launched a cryptocurrency-oriented product to cope with the increasing demand across young investors in Europe. Dubbed BUX Crypto, it’s a commission-free digital currency trading platform.BUX Crypto For EU InvestorsBack in January this year, BUX acquired the cryptocurrency investment platform, Blockport. Upon completing the transaction, officials at the Dutch company said that they will rebrand Blockport to BUX Crypto and fully integrated it...

Bitcoin’s price is no stranger to volatility and the period between the second half of 2017 and the first half of 2018 is a clear example. The price went from about $2,600 to its all-time high of $20,000 in December 2017 and all the way down to $6,000 in July 2018.At the time, though, no institutions were openly involved in the cryptocurrency market and the launch of institutional-grade Bitcoin futures contracts on both CBOE Global Markets and the Chicago Mercantile Exchange (CME) in December...

Twitter CEO and Square founder, Jack Dorsey, is joining the list of entrepreneurs donating money and supplies to fight the COVID-19 pandemic. The well-known Bitcoin proponent has transferred $1 billion worth of his Square shares into an entity called Start Small LLC. The amount represents 28% of his net worth.Jack Dorsey’s COVID-19 FundAs the fight against the novel coronavirus continues, large entities and even individuals are donating significant amounts for equipment, masks, ventilators,...

There’s something curious unfolding in global markets this month. While COVID-19 rages across the planet and the economy has ground to a halt, equities have actually been rallying. Global stock prices have been on their way up for two weeks now. It appears like Wall Street’s doing great. The Dow Jones Industrial Average has increased by 21.8% since Mar 23.So have investors lost their minds? On the face of it– this seems absolutely crazy. How could stocks be rallying when 10 million people in...

The countermeasures attempted by world governments to fight the COVID-19 pandemic will have disastrous consequences on the economy, said Tim Draper. The prominent VC investor outlined that amid this, Bitcoin will flourish as people will utilize its decentralized nature.Simply Printing Money Doesn’t WorkThe sudden outbreak of the coronavirus pushed world leaders to take drastic measures to fights the spread. Entire countries initiated full lockdowns, businesses closed down, the economies...

A collaboration including CargoSmart Limited, Cosco Shipping Lines (COSCO), Shanghai International Port Group (SIPG), and Tesla has tested a blockchain-based cargo release application. The app managed to significantly shorten the discharging time needed and made it easier for Tesla’s logistics teams to control the offloading process.Tesla To Employ A Blockchain-Based AppIn a press release from earlier today, CargoSmart Limited announced the pilot project. It comes as a result of a partnership...