In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […] Source: https://news.bitcoin.com/zksnacks-bars-us-users-from-wasabi-wallet-in-wake-of-samourai-indictment/
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Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet
After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure on the social media site X with the statement, “RIP […] Source: https://news.bitcoin.com/crypto-community-loses-oxt-analysis-tool-amid-legal-troubles-for-samourai-wallet/
This 360 treadmill could make Disney’s metaverse a physical playground
YouTuber and Ultimate star MKBHD tested the device using a game controller, his legs, and the Force. Source: https://cointelegraph.com/news/360-treadmill-disney-metaverse-physical-playground
Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […] Source: https://news.bitcoin.com/amid-shifts-in-bitcoin-mining-economics-steep-discounts-emerge-for-older-asic-rigs/
Apple reportedly courting OpenAI to develop AI features for iPhone
The Cupertino company is also considering a partnership with Google. Source: https://cointelegraph.com/news/apple-reportedly-courting-open-ai-artificial-intelligence-develop-ai-features-iphone
Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors
While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statistics from the last 30 days reveal that four of the top five best-selling NFT collections all stem from […] Source: https://news.bitcoin.com/bitcoin-leads-30-day-nft-sales-outpacing-24-blockchain-competitors/
Philadelphia’s Republic First Bank Closed by Regulators, Assets Assumed by Fulton Bank
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […] Source: https://news.bitcoin.com/philadelphias-republic-first-bank-closed-by-regulators-assets-assumed-by-fulton-bank/
Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost
Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “greed” sector. According to Google Trends, interest in the term “bitcoin” has diminished, while the market intelligence […] Source: https://news.bitcoin.com/bitcoin-sees-rise-in-sell-calls-amid-expectations-of-asian-institutional-boost/
‘Cold Wallet’ Review: The First Real Crypto Film
A crypto exchange collapses in suspicious circumstances, and the overleveraged holders of its token are left out of pocket. It’s a depressingly familiar story in the world of crypto—and one that writer-director Cutter Hodierne has made the heart of his new film. “Cold Wallet” opens with everyman Billy (Raúl Castillo) talking up his surefire investment in the ominously named crypto…
Taiwan prosecutors target 20-year sentences for ACE exchange suspects
According to the prosecutors, the increased scale of the losses justifies the sentence recommendation. Source: https://cointelegraph.com/news/taiwan-prosecutors-target-20-year-sentences-for-ace-exchange-suspects