Tag Archives: AA News

Traditional financial markets are plunging today amid fears of the spreading coronavirus. While indices and stocks tumble across the globe, gold is increasing as investors turn to it as a safe haven. It reached its highest point since 2013. Amid this uncertainty, it’s interesting to see where Bitcoin’s price will go next.Stock Markets PlummetThe coronavirus outbreak continues to expand with almost 79,000 confirmed cases globally. The death toll has risen to over 2,450, and 23 are outside of...

The saga with the largest video sharing platform YouTube and cryptocurrency content producers continues. This time, another large account has complained that his videos have been flagged as “harmful or dangerous content” without any real reason behind it. The issue at hand might be that YouTube can’t tell the difference between relevant and educational content and information aiming to scam.YouTube Slams Ivan on TechIvan on Tech is one of the biggest blockchain-related YouTube channels,...

The oldest privately owned bank in UAE, the Mashreq Bank, will utilize blockchain, according to the bank’s Executive VP. By using the technology’s security and easier integration, they will create a platform for smart banking.Mashreq Bank To Use BlockchainFounded in 1967, Mashreq Bank has been a pioneer in many different aspects in the banking sector. Aside from being the first UAE bank to install ATMs and the first to issue debit and credit cards, the large bank will lead in blockchain...

With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume.Other significant names in Bitcoin Futures trading, including BitMEX and Binance, are also noting impressive volumes lately.CME Bitcoin Futures Volume SpikesThe Chicago Mercantile Exchange (CME) opened its Bitcoin Futures platform in late 2017. It’s a regulated establishment that allows contracts to be...

Cryptocurrencies and blockchain recently received significant mainstream exposure. One of the most popular TV Shows, the Simpsons, ran a whole segment about both. It explained in a simple language their features and purpose, and referred to cryptocurrencies as “cash of the future.”Cryptocurrencies On the SimpsonsThe Simpsons is one of the longest-running television shows in the world. Starting in December 1989, it has since captured the hearts of millions of fans globally. Naturally, to be on...

It has been almost two weeks since the Trinity wallet attack, which has seen IOTA’s transaction coordinator halted.The fiat on-ramp was exploited by a hacker who leveraged the vulnerability to access IOTA’s Trinity wallet software, which was integrated with MoonPay. From there, funds were stolen from Trinity wallet users, with total losses believed to total around $2 million.Until the IOTA Foundation announced that it had been forced to pause the network in the wake of the hack, MoonPay was a...

Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses.This information came from a report gathered by the popular monitoring resource – coinmetrics. By examining numerous variables of data, the paper outlines the wealth distribution of some popular cryptocurrencies.BitcoinNaturally, the report begins with the largest cryptocurrency by market...

Famous American entrepreneur and cryptocurrency proponent, John McAfee, recently spoke of the implementation of privacy coins. He believes that criminals are using them because of their technological value, and authorities cannot keep up.Privacy Coins Used By Criminals: McAfeeAside from being a successful businessman, John McAfee is also a well-known Bitcoin proponent. Until recently, at least, when he changed his stance towards the largest cryptocurrency. He went from a bold $1 million...

In what could turn out to be one of the most serious SIM-card hacks in history, someone has reportedly stolen $45 million worth of Bitcoin and Bitcoin Cash from a single whale investor.Hacker Gets Away With Reported $45 MillionAccording to a Reddit post from February 22nd, which is now deleted, an investor, who appears to be the founder of Dreamhost, Josh Jones, became the victim of an alleged SIM-swap attack.Popular industry commentator and founding partner at cryptocurrency asset fund...

The drama surrounding the alleged drug dealer who had to forfeit $57 million worth of Bitcoin continues. The Irishman has supposedly lost the private keys for all twelve accounts where he distributed all of his bitcoins. Thus, local authorities cannot access the funds.Not Your Keys, Not Your BitcoinThe Irish High Court ruled Clifton Collins to forfeit $56 million of Bitcoin assets a few days ago, as Cryptopotato reported. The Court decided that he purchased all coins with his drug profits....