Day: August 16, 2022

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Shiba Inu Trends Upwards Through Strong Whale Accumulations

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This year’s crypto winter has created one of the most devastating effects in the crypto space in history. But there appears to be a resettling phase for the industry with the recent outplay of events. Moreover, following the special report of the CPI for July and other factors, the crypto space is seeing an encouraging relief and hope. The crypto space is making a positive impact as the performance of some cryptocurrencies takes a gradual up climb. Among the outstanding performing crypto assets is the meme coin, Shiba Inu (SHIB).…

Huobi Global suspends derivative trading in New Zealand

Crypto exchange Huobi Global announced the suspension of derivatives trading in New Zealand. The statement from Huobi said the new restrictions against derivative offers are in light of compliance with local regulations.  Users in New Zealand will no longer have access to derivative trading services, which include coin-margined futures and swaps, USDT-margined contracts, options and exchange-traded products (ETPs). The new restrictions will take effect on Aug. 23, 2022. On the same day, Huobi Global will no longer accept users with New Zealand KYC, along with IP addresses from the area. Users…

USDT market cap up by $2 billion following Tornado Cash debacle

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The market capitalization of Tether (USDT) tokens has increased by nearly $2 billion since the U.S. Treasury Department imposed sanctions on cryptocurrency mixer Tornado Cash. The Office of Foreign Asset Control essentially barred Americans from using Tornado Cash on Aug. 8, blacklisting 44 USD Coin (USDC) and Ether (ETH) addresses connected to the service to a list of Specially Designated Nationals and Blocked Persons (SDN). OFAC alleges that Tornado Cash was used by individuals and criminal organizations to launder over $7 billion worth of cryptocurrency since 2019. Funds linked to…

Blockchain Technology सगळ्यात सुरक्षित मानलं जातं ? | ॲग्रोवन

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Agrowon #AgrowonForFarmers जसं की बराक ओबामा, जो बायडन, कान्या वेस्ट. या सगळ्यांची ऑफिशल अकाऊंट्स हॅक करून पैसे मागण्यात आले होते. आता कोणीही माणूस सांगेल की पैसे मागितले म्हणल्यावर गडी घावणार. पण नाही…ज्या चोरांनी हा स्कॅम केला होता त्यांनी खंडणी क्रिप्टोकरन्सीमध्ये मागितली होती. म्हणजे त्यांना कोणीही शोधू शकणार नाही. या हल्ल्याला बिटकॉईन स्कॅम म्हटलं गेलं होतं. Like Barack Obama, Joe Biden, Kanye West. Official accounts of all these were hacked and money was demanded. Now if any man says that he asked for…

Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog – Bitcoin News

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On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and Peter Van Valkenburgh, explains that by treating autonomous code as a ‘person’ “OFAC exceeds its statutory authority.” Coin Center Insists ‘OFAC Has Overstepped Its Legal Authority’ Coin Center’s executive director Jerry Brito and director of…

Argentina Ethereum Conference Highlights Crypto’s Growing Reach in the Country

The Argentina-born Exactly protocol passed a testnet at ETHLatam. It is a decentralized, non-custodial, open source protocol providing an autonomous interest rate market to lenders and borrowers. Gabriel Gruber, Exactly co-founder and CEO, told CoinDesk that the protocol, setting interest rates based on credit supply and demand, will allow the users to frictionlessly exchange the time value of their assets at both variable and fixed interest rates for the first time in DeFi. Source