Tag Archives: AA News

The New York Stock Exchange (NYSE) has released a survey questioning market participants about round-the-clock stock trading, signaling potential interest in opening its trading venue beyond traditional market hours. The update would bring the stock exchange up to date with today’s major cryptocurrency exchanges, which operate at all hours including weekends. All Hours Stock Trading On NYSE According to the Financial Times, NYSE’s survey asked participants whether all-hours...

Bitcoin layer 2 solution tokens have demonstrated superior performance to BTC following the highly anticipated halving of the mining reward on the blockchain. Since the event, these tokens have surged by 5% to 20%, outpacing the top crypto by market cap. Stacks (STX) Takes Center Stage According to CoinGecko data, the market cap for Bitcoin layer 2 solutions is $4.3 billion, marking a 5.6% increase in the past 24 hours. Meanwhile, the trading volume is $184 million. Stacks...

Data from IntoTheBlock revealed that investors withdrew approximately half a billion ETH from centralized exchanges last week, the highest the asset has seen since February. $500M ETH Leaves CEXs The withdrawal of large amounts of ETH from centralized exchanges signals investor confidence in the long-term price trajectory of the asset. Market participants usually withdraw their cryptocurrencies from centralized trading platforms to hold the assets in their private wallets or...

Animoca Brands reported $558 million in digital assets on its balance sheet, as per its latest unaudited financial disclosures. Since December 2023, the company has acquired an additional $266 million in digital assets through various recent investments and token launches. According to the official announcement released earlier this week, the Hong Kong-based Web3 giant disclosed a cash and stablecoin balance of $291 million. Off the balance sheet, Animoca Brands’ Web3...

Crypto privacy protocol Railgun has denied accusations that it is being used by North Korea and other United States-sanctioned entities to launder digital assets. This development comes as the crypto privacy protocol nears $1B total volume. Railgun Denies Lazarus Group Association Responding to claims made by crypto reporter Colin Wu through an X post, Railgun denied allegations linking it to the North Korean hacker group Lazarus Group. “The North Korean hacker group Lazarus...

Bybit’s Institutional Report 2024 revealed a significant increase in monthly trading volumes across several centralized exchanges (CEXs) from October 2023 to March 2024. During that timeframe, the crypto sector’s market cap surged from slightly above $1 trillion to over $2.5 trillion. Bullish Trends and BTC as a Hedge According to the report, OKX’s trading volumes have soared by an impressive 278% since October of last year, with Binance following closely behind with a 239%...

Kraken, the second-largest crypto exchange in the U.S., has introduced its self-custodial mobile wallet. Dubbed Kraken Wallet, the product follows in the footsteps of prominent platforms such as Binance, OKX, Coinbase, Bitget, and Bybit. Kraken Wallet’s Focus on Privacy and Self-Custody Kraken Wallet offers users a solution for managing their tokens, NFTs, and DeFi across blockchain networks such as Bitcoin, Ethereum, Polygon, Dogecoin, Base, Solana, and Arbitrum. In...

Prominent global agencies have flagged a newly-emerged ransomware group named Akira, estimated to be just a year old, for its widespread cyber intrusions, breaching over 250 organizations globally and raking in nearly $42 million in ransom payments. Investigations led by the United States Federal Bureau of Investigation (FBI) have revealed that Akira has been actively targeting businesses and critical infrastructure across North America, Europe, and Australia since March...

Ernst & Young (EY) has launched OpsChain Contract Manager (OCM), an Ethereum solution that leverages zero-knowledge proofs technology. The solution will help private businesses efficiently manage and execute intricate business agreements while ensuring confidentiality, timeliness, and cost-effectiveness. EY Launches the OpsChain Contract Manager EY, one of the top “big four” accounting firms alongside Deloitte, KPMG, and PwC, has been exploring the business applications...

Hong Kong authorities have arrested over 70 individuals linked to the HK$1.6 billion JPEX cryptocurrency scandal that shook the city-state. According to the latest report by SCMP, approximately HK$230 million – worth around $29.37 million – in assets has been frozen, as disclosed by Police Commissioner Raymond Siu Chak-yee. Hong Kong Authorities Crack Down on JPEX In an update provided to the legislative body, Siu also revealed that the number of arrests in connection to the...