Category: AA News

Justin Sun Bids $2 Million for Jack Dorsey’s First Tweet NFT

Silicon valley billionaire bitcoin advocate and Twitter chief Jack Dorsey has finally joined the NFT craze. It was long coming, but Dorsey has made his grand entrance to the scene. He digitized his very first tweet and has auctioned it on Valuables, a platform that allows individuals to tokenize and sell their tweets. At the […]

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John McAfee Following the DOJ Indictment: The Allegations Are Overblown

A day after being indicted for several criminal offenses, including money laundering schemes and fraud, John McAfee has called the allegations brought by US authorities “overblown.” The former software antivirus creator also defended his ICO promotions and receiving payments with the particular coins. DOJ Goes After McAfee The former antivirus tycoon made a name in […]

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Survey By Goldman Sachs: 34% Think Bitcoin Will Reach $100K Next Year

A crypto-oriented survey compiled by the US multinational investment giant, Goldman Sachs, revealed that the general sentiment on bitcoin and other digital assets is primarily bullish. Nearly half of respondents, representatives of corporations, hedge funds, and banks, own a form of crypto, and most expect their portfolio to expand in value in the following two […]

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Co-Founder of Floyd Mayweather-Backed Centra Tech Sentenced to 8 Years in Prison

The co-founder of a fraudulent ICO project that duped more than $25 million from investors, Sohrab Sharma, has received a sentence of eight years in prison for his role. The project itself, dubbed Centra Tech, was previously backed by several celebrities, including the boxing legend Floyd Mayweather and the producer DJ Khaled. Centra Tech Co-Founder […]

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Bitcoin Already Started to Replace Gold, Next Target $100,000: Bloomberg Report

Bitcoin continues to attract more funds previously put in gold, bonds, and stocks, said Bloomberg in its latest crypto-related report. The paper forecasted $100,000 as the next possible price threshold while also outlining that BTC has begun the process of replacing gold as the hedge of choice. Bitcoin Displaces Gold? The narrative that bitcoin, also […]

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Cover Protocol Slides 40% Following Breakup with Yearn Finance (YFI)

Yearn Finance (YFI) and Cover Protocol (COVER) announced today that the merger process between both, initiated last November, will come to an end. The breakup between both has resulted in a big hit for the price of COVER. Yearn Finance Breaks up With Cover Protocol In November 2020, Yearn Finance’s founder and arguably one of […]

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Bybit to Cease Services for UK Citizens Following the FCA Ban on Crypto Derivatives Trading

The first consequences from the FCA ban on crypto derivatives trading in the UK are evident for the popular digital asset exchange Bybit. The company announced earlier that it will suspend its services to all customers based in the United Kingdom.  Established in 2018, Bybit is a cryptocurrency exchange headquartered in Singapore with a reported […]

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The Countdown: Cardano (ADA) to Reach Full Decentralization on March 31st

Less than a year after launching its IOHK-owned network of federated nodes, Cardano is on schedule to reach full decentralization at the end of March 2021. At that point, the already established network of over 1,800 community pools will be responsible for producing all new blocks. Cardano Goes for Full Decentralization With the approaching so-called […]

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