A U.S. person includes anyone on U.S. soil, as well as any American citizen abroad. Tornado Cash is a mixer, a protocol designed to pool funds in an effort to obfuscate the origin of any given transaction. U.S. officials alleged that a significant amount of the funds flowing through the mixer were tied to criminal activities, such as North Korea’s proceeds from hacking various crypto exchanges and services. Source
Day: August 9, 2022
Andreessen Horowitz Leads $20M Funding Round for CreatorDAO
Paris Hilton also backed the decentralized autonomous organization providing capital and operational support for creators. Source
Blockchain and NFTs are changing the publishing industry
Web3 has become the most sought-after investment sector of 2022, as use cases for nonfungible tokens (NFTs), the Metaverse and other blockchain applications come to fruition. Therefore, it shouldn’t come as a surprise that different segments of the publishing industry have begun to use Web3 technologies to transform traditional models. For example, the textbook publishing giant Pearson recently announced plans to use NFTs to track digital textbook sales to capture revenue lost on the secondary market. Time magazine, which was founded 99 years ago, has also been using NFTs to…
Compañía de energía renovable capta $4.3M para convertir un vertedero de metano en bitcoin
Vespene utilizará el capital obtenido para lanzar su instalación piloto en California, convirtiéndose en la primera compañía en convertir vertederos de metano desperdiciados en bitcoin, dijo la compañía. Un módulo de Vespene tardará seis meses en establecerse, y cada uno tendrá la capacidad de aproximadamente 1,5 megawatts (MW) y eliminará 270.000 toneladas de CO2 por año, dijo la empresa. Source
Inflation Probably Slowed in July, but Not by Enough to Trigger Crypto Bull Run
The monthly inflation readings have gained prominence this year, because they influence Fed policy and the demand for the dollar, often a countervailing factor in the price of bitcoin. The dollar index, which tracks the greenback’s value against major currencies, has rallied by 11% this year, as the Fed embarked on its most aggressive tightening cycle in over two decades. Bitcoin has dropped by 50%. Source
Bitcoin dominance hits 6-month lows as metric proclaims new ‘alt season’
Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already “alt season.” Figures from CoinMarketCap and TradingView show that BTC currently makes up around 41% of the overall crypto market capitalization — its lowest since the start of 2022. Bitcoin sheds market cap prowess After suffering at the hands of the Terra LUNA — now renamed Terra Classic (LUNC) — collapse, altcoin markets have rallied considerably in recent months. Alongside Bitcoin’s return from 18-month lows of $17,600 in June, altcoins…
CRYPTOCURRENCY BULL OR BEAR MARKET? WHAT I'M DOING TO PREPARE! GET READY…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTOCURRENCY BULL OR BEAR MARKET? WHAT I’M DOING TO PREPARE! GET READY… What’s up A-Team! So the market looks absolutely horrible! The market is definitely taking a plummet on one of the biggest weeks of the year. The biggest question I ask myself is this a bear or bull market incoming? Welp, IDK! It seems the writing is on the wall that we could for some uncertainty. MEMBERSHIP: Follow me on twitter: Follow me on TikTok: #terra #luna #terraluna #polygon #matic #crypto…
Cipher Mining Lowers Per-Terahash Cost of Crypto Mining Rigs Even as Quarterly Loss Widens
The miner expects to deploy 6.9 EH/s by early 2023. Source
Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss Widens
CryptoX – Cryptocurrency Analysis and News Portal The miner expects to deploy 6.9 EH/s by early 2023. Original Source The post Cipher Mining Lowers Per-Terahash Cost of Mining Rigs Even as Quarterly Loss Widens appeared first on CryptoX. CryptoX Portal
First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork
The latest price moves in bitcoin (BTC) and crypto markets in context for August 9, 2022. Source