Tag: AA News

Joe Biden To Push For Crypto Regulations as a Matter of National Security

Joe Biden’s administration wants to clarify once and for all the regulatory landscape surrounding the crypto sphere —taking the opportunity to exert greater control over the industry. Apparently, within the next few weeks, it is expected that the White House will issue an executive order declaring the regulation of cryptocurrencies as a matter of national […]

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Acala Hints Core Products Rollout Following Official Launch on Polkadot

Following its successful launch on the Polkadot Mainnet this week, Acala, an Ethereum-compatible DeFi protocol for scaling dApps, has revealed what lies ahead for the project. Acala’s Core Products Coming Soon The Acala team noted in an official press release seen by CryptoPotato that it intends to begin launching all of its core products soon. […]

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Another American Bank Partners with NYDIG to Offer Bitcoin to Customers

Customers of U.S. financial service provider Five Star Bank will soon be able to securely buy and invest in bitcoin (BTC) directly from their bank accounts thanks to a partnership with NYDIG. Five Star Bank to Offer Bitcoin Trading Services New York Digital Investment Group (NYDIG) has struck a partnership with American-based Five Star Bank […]

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Crypto Infrastructure Company Blockdaemon Raised $207M From Tiger Capital and SoftBank

The blockchain infrastructure firm – Blockdaemon – raised $207 million in a Series C funding round led by Tiger Capital and Sapphire. Following the investment, the company increased its post-money valuation at $3.25 billion. Blockdaemon’s Expansion The California-based organization finished 2021 on a positive net income trend and recently hired 150 full-time employees – mainly […]

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Cardano Faces 90%+ Blockchain Overload For Over A Week

Cardano Faces 90%+ Blockchain Overload For Over A Week

Following a series of significant network developments in recent months, Cardano is already being stretched to its processing limits. Its blockchain load has been over 90% for the past eight days – the longest amount of time it’s ever been sustained at that level. Filling Up Cardano’s Blocks The term “blockchain load” refers to how […]

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Fireblocks Valued at $8 Billion Following a $550 Million Fundraiser

The leading cryptocurrency custodian – Fireblocks – closed a $550 million Series E venture capital round, co-led by Spark Capital, D1 Capital Partners, General Atlantic, Mammoth, and other investors. The financing boosted the company’s valuation to a whopping $8 billion. The Newest Fundraise Despite the ongoing correction in the cryptocurrency market, the New York-based blockchain […]

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Bybit Contributes $134 Million to BitDAO to Support DeFi Growth

Singapore-based crypto exchange, Bybit, has recently contributed a whopping $134 million worth of ETH, USDT, and USDC to BitDAO’s treasury. Supporting dApp Builders The exchange describes BitDAO as one of the largest decentralized autonomous organizations (DAOs) in the industry. It aims to support dApp builders and lower the entry barriers into the decentralized economy. BitDAO […]

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