Tag Archives: AA News

The novel coronavirus (COVID-19) took the world by a storm and its spread, and it shows no signs of slowing down. With the total number of infected people getting close to a million, countries around the world are instituting lockdowns to slow down the spread and keep the hospitals from overflowing with patients.A closer look at Bitcoin’s whitepaper, however, reveals that its pseudonymous creator, Satoshi Nakamoto, had the foresight to create a system that’s effective in situations much like...

The last few days were quite turbulent for Bitcoin and the entire cryptocurrency market. BTC went to retest the support at $5,800, losing $800 of its dollar value in the process. However, it has since bounced, and it’s currently trading at another important support level at $6,300.BTC/USD. Source: TradingViewThis weekend saw $5,850 as the current weekly low, and that’s far from being a coincidence. As Cryptopotato reported, the $5,900 area holds very strong support as it also represents the...

The number of circulating Tether (USDT) coins now exceeds 6 billion. Tether, and most stablecoins, have been continuously minting new coins to cope with the growing traders’ demand in times of high volatility and uncertainty in the cryptocurrency market.Over 6B USDT In CirculationThe past month was especially turbulent in terms of volatility, to say the least. Most cryptocurrencies were on the downhill, mainly due to the violent price actions in mid-March. The market tanked by as much as 50%...

Cryptojacking is a serious security threat to 86% of IT professionals, according to a recent survey compiled by the Singaporean company – Acronis.Despite the concerns, 12% of all participants in the study indicated that they are not taking any particular measures to protect their online privacy.IT Professionals Concerned About CryptojackingThis year’s Acronis survey on cyber protection was the fifth-annual compiled by the company. It consulted nearly 3,000 people from 11 countries on various...

The unexpected COVID-19 outbreak is delaying the adoption of Russia’s legislation “On Digital Financial Assets,” according to a government official. However, he outlined that the law is completed. It will define cryptocurrency usage in the country, but it will also ban them from being used as a means of payment.Russia Postponing Crypto Law (Again)Russia’s law regarding digital usage in the country has been discussed since early 2018, according to Anatoly Aksakov, head of the Duma committee on...

Bitcoin (BTC) and the general cryptocurrency markets are yet to fully recover from the massive sell-off on March 12, which left traders and hodlers scratching their heads as they watch the entire gains so far in 2020 being wiped off the board.  Data gathered at that time suggested that the majority of sellers who rushed to sell their coins due to panic did so at a loss. The report further revealed that hodlers who had kept their BTC holdings in personal wallets started un-hodling by moving...

After years of purchasing significant quantities of gold, the Central Bank of Russia will seize buying more as of April 1st. The country announced it yesterday without explaining the move.Local analysts, however, claimed that the nation already has a lot of gold stashed in reserves and might start selling to international investors because of the high demand.Russia Stops Buying GoldThe precious metal is often regarded as the preferable safe-haven investment instrument by many. Individual or...

Over $1 billion worth of stablecoins is currently stored on certain cryptocurrency exchanges. Such an extensive amount sitting on the sidelines begs the question if traders are simply waiting for a definitive bullish sign to reenter the market.Over $1B Worth Of USDT and USDC On ExchangesAs Cryptopotato reported earlier this month, most stablecoins’ have been increasing drastically in terms of market capitalization. This came during some of the worst trading days for the cryptocurrency market...

One of the most popular blockchain-based games, Knight Story, will launch on the TRON network as of today, March 30th. The dApp developer behind the game, Biscuit Labs, confirmed the news saying that Knight Story has undergone specific updates for its appearance on TRON.Knight Story To Run On TRONBiscuit Labs announced its newest partnership with TRON in a press release shared with CryptoPotato. According to it, the blockchain-based game Knight Story had been updated, and as of today, it will...

BlockTv, an Israeli-based blockchain and cryptocurrency video content media, has reduced its workforce by almost 80%. The company reportedly ended its contract with all but 5 of its employees as a result of the ongoing Coronavirus pandemic. BlockTv Layoff 18 EmployeesOwned by controversial Israeli businessman Moshe Hogeg, BlockTv has been providing crypto-related video content since it was founded in 2018. The company was seemingly performing well with 23 staffers until the recent Covid-19...