Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer. Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle. CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble. How low can Bitcoin (BTC) go?…
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts used to hide the origin of crypto transactions. Hackers send their cryptocurrency to a mixer’s address. The mixer blends the crypto with coins sent by other users, thereby concealing the identity of each contributor. Subsequently, the mixer redistributes the coins,…
Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer. Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle. CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble. How low can Bitcoin (BTC) go?…
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts used to hide the origin of crypto transactions. Hackers send their cryptocurrency to a mixer’s address. The mixer blends the crypto with coins sent by other users, thereby concealing the identity of each contributor. Subsequently, the mixer redistributes the coins,…
Global crypto exchange Binance has permanently banned a market maker involved in “misconduct” with GoPlus Security (GPS) and MyShell (SHELL) tokens, following an investigation into its actions. The exchange’s response involved offboarding the market maker and confiscating the proceeds from its noncompliant activities, according to a statement released Sunday. Binance plans to use these funds to compensate affected GPS and…
Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and participate in staking, among other…
Bitcoin starts the second week of March at a bearish crossroads as new multimonth lows get closer. Traders and analysts agree that little stands in the way of a $78,000 retest as BTC/USD seals its worst-ever weekly candle. CPI and PPI are due as markets enter a broad risk-off phase and stocks’ futures tumble. How low can Bitcoin (BTC) go?…
Sui, a layer-1 blockchain developed by San Francisco-based Mysten Labs, announced on March 6 that it had partnered with World Liberty Financial (WLFI). As part of the deal, Sui’s native token, SUI (SUI), will be included in WLFI’s “Macro Strategy” strategic token reserve, and both entities will explore product development opportunities together. WLFI, a decentralized finance (DeFi) protocol, has drawn…
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts used to hide the origin of crypto transactions. Hackers send their cryptocurrency to a mixer’s address. The mixer blends the crypto with coins sent by other users, thereby concealing the identity of each contributor. Subsequently, the mixer redistributes the coins,…
Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mine Bitcoin (BTC), run a node and participate in staking, among other…
