Days after the U.S. government announced sanctions against crypto mixing platform Tornado Cash, Ethereum co-founder and alpha developer Vitalik Buterin opined on the matter, defending the platform’s use case for legitimate contexts. According to Buterin, Tornado Cash is an example of a platform that can be used for legitimate use cases, such as donating to […]
Bitcoin without internet: SMS service allows sending BTC with a text
“A person literally without no internet access can go from having no Bitcoin to having Bitcoin and then go to spending Bitcoin,” Kgothatso Ngako explains. An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based […]
TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — rebound ahead?
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022. Tornado Cash (TORN) has lost almost half its market valuation two days after being slapped with sanctions by the U.S. Treasury Department. The department accused Tornado Cash, a crypto mixer platform, of laundering more than $7 billion in cryptocurrencies, including […]
Blockchain’s environmental impact and how it can be used for carbon removal
Blockchain technology is on its way to being considered by organizations as a way to reduce carbon emissions and improve the environment. Climate change has become an important issue over the years due to concerns over environmental changes caused by the emission of greenhouse gasses into the atmosphere. Conversations have even reached the crypto space, […]
Curve Finance exploit: Experts dissect what went wrong
Attackers that hijacked Curve Finance’s landing page moved quickly to convert stolen funds to various tokens through different exchanges, wallets and mixers. Decentralized finance (DeFi) protocols continue to be targeted by hackers, with Curve Finance becoming the latest platform to be compromised after a DNS hijacking incident. The automated market maker warned users not to […]
Bitcoin, Ethereum Technical Analysis: ETH Surges Back Above $1,700 as US Inflation Falls to 8.5%
Ethereum was once again volatile on Wednesday, as prices of the token fell below $1,700 ahead of the latest U.S. inflation report. However, following the report, which came in at 8.5% in July, the token surged back above this point. Bitcoin was trading lower, as it continued to hover below $24,000. Bitcoin Bitcoin (BTC) was […]
Is the Bitcoin Lightning Network for real?
Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey & Sam Newman In the 13 years of its existence, Bitcoin has risen from obscurity to $1 trillion highs, settling over $60 trillion in total transfer volume along the way. Despite these feats, Bitcoin’s decentralized design limits it to a […]
Bear Market To End Soon, Claims ARK Reports. Here Are The Factors Influencing Bitcoin Price.
The post Bear Market To End Soon, Claims ARK Reports. Here Are The Factors Influencing Bitcoin Price. appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide It appears that the Crypto market has lost its bullish momentum as the lead cryptocurrency, Bitcoin Price, is now trading around $23,000 after having fallen below […]
Tropic Square To Launch Prototype For Open-Source Chips Used In Bitcoin Hardware
The open-source development of Tropic’s secure chip allows the team to iterate based on community and expert feedback to change the landscape of security. Tropic Square is launching a prototype for an open-source security chip which are used in bitcoin hardware.Being open-source will allow the company to make improvements based on community and expert feedback.The […]
U.S. Inflation Slowed To 8.5% In July. Bitcoin Claims $24,000
U.S. CPI data came lighter than expected at 8.5% in July, but rampant inflation is still present in the energy sector; bitcoin jumps. U.S. CPI data for the month of July shows an 8.5% inflation rate from a YoY perspective. Market expectations suggested inflation would fall from 9.1% to 8.7% in July.Bitcoin claimed $24,000 following […]