Author: e_cash_top

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[ad_1] Asia’s Bitcoin (BTC) supply reached its all-time high (ATH) and currently accounts for 7.3% of all Bitcoin supply, while the U.S. and E.U. Bitcoin reserves are in negative year-over-year supply. Asia Markets The chart below demonstrates the size of Asia’s Bitcoin supply since 2010. Except for brief periods in 2016-2017 and 2020, the region…

99% ETH OFAC compliance to slow block time to 3hrs but not censor

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[ad_1] As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction. If 99% of Ethereum validators were OFAC compliant, a…

Transfer spoofing evident in FTX Exploiter wallet meme tokens transfers

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[ad_1] On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case. The three areas ZachXBT set out to cover were: Bahamian officials being behind the FTX hack Exchanging knowing the identity of the hacker The FTX hacker trading meme coins. 1/ I…

FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%

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[ad_1] On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold…

Ren Bridge announces open source community led Ren 2.0 in response to Alameda fallout

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[ad_1] The Ren Bridge project announced in its ‘Ren Community’ Medium blog on Nov. 18 the ways in which it plans to move forward with Alameda Research. Following the acquisition by Alameda early last year as part of “a partnership with the previous Ren leadership” and the fallout of the FTX event, the update on…

FTX forewarns exchanges to freeze stolen funds to prevent hacker cashing out

Nov 20, 2022

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[ad_1] FTX announced on Nov. 20 that exchanges should remain alert regarding unauthorized fund transfers from FTX Global and related debtors on Nov. 11. The transfers sent out were through intermediate wallets and FTX warned exchanges to take all measures to ensure the unauthorized funds be seized and returned to the bankruptcy estate. (1/2) Exchanges…

Could DCG be the catalyst for max pain in the crypto markets?

Nov 20, 2022

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[ad_1] Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. There are growing concerns over the possibility of the contagion spreading to Greyscale Bitcoin Trust and Digital Currency Group but…

Singapore’s attempt to separate blockchain usage and crypto will not work: Vitalik Buterin

Nov 20, 2022

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[ad_1] Singapore’s well-meaning attempt at crypto regulation may not work out, given its skeptical approach to the asset class, Ethereum co-founder Vitalik Buterin said in an interview with The Straits Times on Nov. 20. Buterin said he appreciates the city-state’s willingness to be supportive, but it could all be for nothing. “I definitely appreciate the…

BTC difficulty to adjust over weekend as miners capitulate

Nov 19, 2022

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[ad_1] Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (Nov. 20/21.) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever. Following back-to-back difficulty negative or neutral adjustments, it is possible that Bitcoin hash rate and difficulty may have topped. However, the difficulty is expected…

Vitalik Buterin, Coinbase, Kraken, Binance promote trustless CEXs

Nov 19, 2022

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