The Canadian government has proposed banning Bitcoin and other crypto ATMs, arguing the machines have become a primary on-ramp for fraudsters and money launderers rather than a convenient access point for everyday users. The government’s Spring Economic Update 2026, published on April 28, says crypto ATMs are a โprimary method for scammers to defraud victims and for criminals to place their cash proceeds of crime,โ and explicitly states that the government โproposes to ban crypto ATMs.โ The proposal states that Canadians will still be able to buy virtual currencies from…
Day: April 29, 2026
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Bitcoin Hash Ribbons Flash Buy, But This Time Comes With A Catch
Bitcoinโs Hash Ribbons indicator has flashed another buy signal, reviving a historically watched miner-capitulation setup. But according to crypto analyst Darkfost, the signal may require more caution this cycle as miner activity becomes increasingly exposed to energy shocks, geopolitical pressure and shrinking block rewards. Hash Ribbons is designed to track stress in Bitcoin mining by comparing the 30-day moving average of hashrate with the 60-day moving average. When shorter-term hashrate falls below longer-term hashrate and later recovers, the model has often been interpreted as a sign that miner capitulation is…
Tether launches Bitcoin faucet inside self-custody wallet using Lightning payouts
Tether has introduced a Bitcoin faucet inside its self-custody wallet, offering small BTC payouts through the Lightning Network to bring new users into its ecosystem. Summary Tether has launched a Bitcoin faucet within its self-custody wallet, distributing small BTC amounts through the Lightning Network. Users must link their tether.me usernames and interact with official posts to receive instant payouts. According to Paolo Ardoino, who announced the feature at Bitcoin 2026 in Lugano, the faucet forms part of the newly launched tether.wallet application, where users can claim Bitcoin by interacting with…
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Polymarket Rejects Hacker Claims, Says Data Is Publicly Accessible
Prediction markets platform Polymarket has denied recent reports that its customer data was breached after a hacker on the dark web posted what the person claimed was a trove of private user details. Cybersecurity company Vecert Analyzer and several other X accounts that track dark web activity shared screenshots from DarkForums on Tuesday showing a hacker using the pseudonym โxorcatโ claiming to have breached Polymarket. In the post, xorcat said they had stolen over 300,000 records, including 10,000 unique user profiles with full names, profile images, proxy wallets and base…
Aptos Says New Privacy Coin Balances Safety, Transparency
Aptos Labs founding engineer Sherry Xiao said Aptosโ newly introduced privacy coin could fix a long-standing trade-off between protecting user privacy and preserving transparency for compliance. โConfidential APTโ launched on the Aptos mainnet on Friday after a governance proposal to integrate the privacy feature passed in a near-unanimous vote. It uses zero-knowledge proofs to conceal token balances and transfer amounts while still enabling transactions to be verified. Source: Aptos While blockchains offer a level of transparency that most traditional ledgers do not, the lack of privacy has slowed individual and…
Twenty One Capital’s Jack Mallers Argues BTC’s Proof of Reserves Outclasses Gold at Bitcoin 2026 โ Bitcoin News
Key Takeaways: Twenty One Capital CEO Jack Mallers says bitcoinโs onchain auditability gives it an edge over gold. The corporate treasury currently holds over 43,500 BTC worth roughly $3.35 billion, making it the third-largest public treasury. Mallers launched live proof of reserves, letting anyone verify Twenty Oneโs BTC holdings in real time. Bitcoin Can Be Verified, Gold Cannot Speaking at the conference, Mallers focused his case on the fundamental gap that bitcoin holdings are publicly verifiable onchain, in real time, without relying on any third party. Gold requires physical audits,…
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Bitcoin Faces โMost Critical Week In Monthsโ Amid $76,000 Retest
As Bitcoin (BTC) retests a critical support level, analysts have warned that the leading cryptocurrency is facing its most important week in months, which could make or break its recovery rally. Related Reading Bitcoin Price At A Crossroads On Tuesday, Bitcoin dropped below the $76,000 support for the first time in a week, falling to the $75,666 level before bouncing. The flagship crypto has been trading between $74,000-$80,000 after breaking out of its three-month range earlier this month. Amid its recent performance, analyst Sjuul from AltCryptoGems affirmed that BTC is…