While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not โfreeze Tornado Cash addresses.โ Tetherโs recently published blog post about the subject says the company is waiting for instructions from law enforcement. Tether Has No Plans to Freeze Tornado Cash-Associated Private Wallets and Is Waiting to Hear From Law Enforcement Officials On August 8, the U.S. Treasury Departmentโs financial watchdog, the Office of Foreign Asset Control (OFAC), banned…
Month: August 2022
Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law enforcement
On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control’s Specially Designated Nationals and Blocked Persons (SDN) list for cryptocurrency trail-mixer Tornado Cash. In explaining the decision, Tether said:ย “So far, OFAC has not indicated that a stablecoin issuer is expected to freeze secondary market addresses that are published on OFAC’s SDN List or that are operated by persons and entities that have been sanctioned by OFAC. Further, no U.S. law enforcement agency…
Crypto Market Rally Stopped Short Ahead Of Reaching Full-Blown Greed
Data shows the crypto market sentiment almost entered into the greed territory before the latest rally came to an end. Crypto Fear And Greed Index Shows Investors Are Fearful Right Now According to the latest weekly report from Arcane Research, the market sentiment is currently just floating above the extreme fear region. The โfear and greed indexโ is an indicator that tells us about the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. When…
MTV adds Metaverse award category: Nifty Newsletter, Aug 17โ23
In this weekโs newsletter, read about how the Metaverse is a catalyst for nonfungible token (NFT) adoption. Check out how GameStopโs NFT marketplace revenue dropped and how MTV added a metaverse award at the VMAs. In other news, learn about how Telegramโs founder has been floating the idea of integrating NFT-like smart contracts for Telegram usernames. And donโt forget about this weekโs Nifty News roundup featuring Decentralandโs Metaverse Art Week.ย Metaverse is a key factor in long-term NFT success, says new research A report published by consultancy firm Juniper Research…
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
Bitcoin (BTC) and several major cryptocurrencies have been trading sideways as traders avoid taking large bets before the United States Federal Reserveโs Jackson Hole Economic Symposium, which begins on Aug. 25. The volatility is likely to soar as investors get some clarity on the Fedโs stance in the next few days. On Aug. 23, a team led by Goldman Sachs chief economist Jan Hatzius saidย that Fed chair Jerome Powell could sound dovish when he speaks on Aug. 26, reiterating that the central bank may move at a slower pace in…
The Ethereum Merge Has an Official Kick-Off Date
The Bellatrix upgrade, which begins the final countdown, is set to activate on Sept. 6. The Merge itself will be completed at some point between Sept. 10-20. Source
Cardano Getting back to $1? Unlikely, Here’s a Few Alternatives
One of the biggest altcoins in the crypto space, Cardano is an open-sourced blockchain network and cryptocurrency that has provided significant returns since its launch in 2017. However, after massive price corrections, investors are looking for new alternatives. This guide will discuss three of the best alternatives to Cardano, which can potentially provide high returns in 2022. Cardano Price Similar to Ethereum, the Cardano network is an open-sourced blockchain platform that deploys smart contracts to leverage DeFi (decentralized finance) protocols, NFT interoperability and more. Launched in 2017, Cardano (ADA) was…
TERRA LUNA CLASSIC PROPOSAL PASSED #LUNC | #CRYPTO MARKET COLLAPSE??
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io URGENT! #LUNC #BITCOIN & ENTIRE #CRYPTO #ALTCOIN MARKET ARE IN DANGER! NEW TERRA LUNA CLASSIC & UST LAWSUIT!! $LUNC GIVEAWAY!!! IN THIS VIDEO, are TERRA LUNA CLASSIC & UST READY to PUMP!?! Can $LUNC to DROP ANOTHER 0!! WHEN WILL #TERRA LUNA 1.2% BURN START? WHY IS #LUNA CLASSIC & #UST PUMPING? TERRA LUNA BURN UPDATE! BINANCE to BURN LUNA CLASSIC & USTC?!?๐ฅ WHEN WILL TERRA LUNA CLASSIC START BURNING? WILL $LUNC HIT $1? What will the #Terra #Luna #Crypto Burn mean…
John McAfee Is Alive, Hiding Out in Texas, Ex-Girlfriend Claims in Netflix Documentary โ Bitcoin News
John McAfeeโs ex-girlfriend has made a claim that the former anti-virus tycoon is alive and well, living in Texas. Thatโs according to her statement made in the new Netflix documentary called โRunning with the Devil: The Wild World of John McAfee.โ Director Charlie Russell said Samantha Herrera probably doesnโt know if her statement is valid and McAfeeโs widow Janice said she wishes it were true, but if McAfee were alive he would not hide in Texas. McAfeeโs Ex-Girlfriend Claims John Paid People Off to Pretend That He Is Dead On…