Circle freezes blacklisted Tornado Cash smart contract addresses

Circle freezes blacklisted Tornado Cash smart contract addresses

According to crypto data aggregator Dune Analytics, on Monday, Circle, the issuer of the USD Coin stablecoin (USDC), froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanctioned by the U.S. Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals and Blocked Persons (SDN) list….

Vitalik Buterin proposes stealth addresses for anonymous NFT ownership

Vitalik Buterin proposes stealth addresses for anonymous NFT ownership

Ethereum co-founder Vitalik Buterin has suggested there may be a “low-tech approach” to incorporating privacy features into nonfungible token, or NFT, transactions. In a Monday post on the Ethereum research channel, Buterin implied Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or zk-SNARKs, were a more complicated method for…

Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half of 2022, as the macroeconomic environment is rapidly shifting towards a recession, said Mike McGlone, senior commodity strategist at Bloomberg, in a recent interview with Cointelegraph. McGlone predicted: “ I see it transitioning to be…

Bitcoin price targets 8-week highs as Ethereum reaches .8K

Bitcoin price targets 8-week highs as Ethereum reaches $1.8K

Bitcoin (BTC) looked to target new August highs at the Aug. 8 Wall Street open as upcoming United States inflation data fueled sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $25,000 next major BTC resistance Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $24,246 on Bitstamp,…

Ethereum Name Service founder reflects as 2 million registration mark nears

Ethereum Name Service founder reflects as 2 million registration mark nears

The proliferation of the internet brought the world to the fingertips of users, and with it came a rush to register domains on the nascent network. Businesses like Amazon were born on the internet, while many others took their real-life business online by registering a website. Domain names remain an…

Nigeria becomes the most crypto-obsessed nation after April crash: Report

Nigeria becomes the most crypto-obsessed nation after April crash: Report

The crypto market crash in April saw most cryptocurrencies lose more than 60% of their valuation from the top, leading to an overall downturn in trading activity, investor interest and venture capital investment. A recent study has highlighted nations’ growing curiosity and interest in crypto after the April crash. The…

Crypto.com hits key regulatory milestone in South Korea

Crypto.com hits key regulatory milestone in South Korea

Crypto exchange Crypto.com has announced a key regulatory milestone in South Korea after securing two local companies, giving it access to crypto and payments registration. The announcement came during Korea Blockchain Week 2022 after the company announced the acquisition of payment service provider ‘PnLink Co. Ltd.’ and virtual asset service…