Bitcoin Pizza Day 2023: A delicious celebration of crypto’s evolution led by Binance

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• Bittrex U.S. granted permission to enable customer withdrawals following bankruptcy ruling

  TL;DR Breakdown Bittrex US, the American branch of the cryptocurrency exchange, has received court approval to allow customer withdrawals following its recent bankruptcy filing. The court ruling authorizes customers with undisputed, noncontingent, and liquidated claims to withdraw their cryptocurrency assets and fiat currency from the platform. Ownership disputes and the potential for clawbacks remain unresolved, as the ruling does not clarify the legal ownership of frozen assets or determine the priority of customer claims over those of the U.S. government. Bittrex US, the American branch of the cryptocurrency exchange Bittrex, has been granted permission by a Delaware bankruptcy court to initiate customer withdrawals following its recent bankruptcy filing. The court ruling comes amidst opposition from the U.S. government, which claims that the exchange owes millions of dollars for sanctions violations. Delaware court authorizes Bittrex US to facilitate withdrawals for customers In a recent ruling, Judge Brendan Shannon of the Delaware bankruptcy court authorized Bittrex US and its affiliates to enable customer withdrawals. The ruling allows customers with undisputed, noncontingent, and liquidated claims to withdraw their cryptocurrency assets and fiat currency…

  Article 2023年6月17日

• Santiment predicts fresh Ethereum rally in August

  TL;DR Breakdown Experts at Santiment has predicted that second digital asset Ethereum could experience a rally that will push it above $2,000 next month. Positive indicators fuels confidence in Ethereum’s growth. Description In the ever-evolving world of cryptocurrencies, Ethereum (ETH) continues to hold its position as the second-largest digital asset by market capitalization. Although currently trading below $1,900 per unit, industry experts from Santiment foresee a bullish upturn on the horizon, with ETH potentially clawing its way back to the coveted $2,000 territory in the coming month. … Read more In the ever-evolving world of cryptocurrencies, Ethereum (ETH) continues to hold its position as the second-largest digital asset by market capitalization. Although currently trading below $1,900 per unit, industry experts from Santiment foresee a bullish upturn on the horizon, with ETH potentially clawing its way back to the coveted $2,000 territory in the coming month. Santiment believes Ethereum could break resistance soon Despite recent lackluster market performance, Santiment suggests that Ethereum is reveling in its “under the radar” status, often benefiting from patient investors who see long-term potential in the…

  Article 2023年7月24日

• Ordinals team launches nonprofit to advance inscriptions on Bitcoin

  TL;DR Breakdown Ordinals floated its nonprofit organization to advance inscriptions on the Bitcoin blockchain. Nurturing growth and tax advantages. Description Ordinals, a platform renowned for its pioneering protocol enabling the association of NFT-like assets with the Bitcoin blockchain, has taken a significant step forward by establishing a nonprofit organization. This move comes as the total number of inscriptions using the protocol surpasses 21 million, indicating growing interest and engagement. Ordinals inscriptions surpass 21 million Introduced … Read more Ordinals, a platform renowned for its pioneering protocol enabling the association of NFT-like assets with the Bitcoin blockchain, has taken a significant step forward by establishing a nonprofit organization. This move comes as the total number of inscriptions using the protocol surpasses 21 million, indicating growing interest and engagement. Ordinals inscriptions surpass 21 million Introduced earlier this year by developer Casey Rodarmor, Ordinals quickly gained prominence as a hub of innovation centered around Bitcoin. The protocol empowers individuals to attach data to a single satoshi, a unit equivalent to 1/100,000,000 of a complete Bitcoin. This data could encompass art, profile pictures, interactive…

  Article 2023年8月3日

• Bitboy Crypto’s Twitter account hacked, investors suffer losses

  TL;DR Breakdown Bitboy Crypto’s Twitter was compromised in a sim-swapping attack. The attacker used phishing techniques to lure followers into giving control of their assets. Bitboy Crypto, aka Ben Armstrong, confirmed the hack and warned followers via a YouTube video. Armstrong focused on user security, advising followers not to link phone numbers to Gmail accounts. The crypto community was abuzz with the recent breach of Bitboy Crypto’s Twitter account. The cyber invasion appears to have been a calculated sim-swapping attack that left a trail of devastation in its wake, wreaking havoc on the trust of investors. The anatomy of the attack The audacious infiltrator left no stone unturned in their efforts to exploit the situation, swiftly resorting to broadcasting links to a phishing website. The trap was baited with an offer to claim a tantalizing $FCKSEC meme token, a devious ploy engineered to deceive Bitboy Crypto’s legion of unsuspecting followers. The sinister invitation lured the users into signing a setApprovalForAll() transaction. This malevolent act essentially signed over control of their assets to the intruder, a masterstroke of deception. Evidence of…

  Article 2023年6月14日

• Chinese yuan is weakening against the US dollar amid declining exports

  TL;DR Breakdown China’s currency shows signs of weakening against the U.S. dollar as the economy struggles to recover. Chinese yuan is hovering around 7.28 against the dollar, marking a decline of roughly 5% over the year. Description China’s currency is showing signs of weakening against the U.S. dollar. While the economy’s condition is growing gloomier, it’s likely that the Chinese yuan will experience a decline in value, but a sharp and sudden drop shouldn’t be anticipated. China’s exports are declining  Despite maintaining a substantial trade surplus, China is witnessing a decline in … Read more China’s currency is showing signs of weakening against the U.S. dollar. While the economy’s condition is growing gloomier, it’s likely that the Chinese yuan will experience a decline in value, but a sharp and sudden drop shouldn’t be anticipated. China’s exports are declining  Despite maintaining a substantial trade surplus, China is witnessing a decline in exports, causing this surplus to shrink. The Chinese central bank is adopting more aggressive easing measures in response to the economic slowdown. Meanwhile, the U.S. continues to maintain higher interest…

  Article 2023年8月19日