Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more

A total of 517,000 token votes were in favor of the proposal, with none opposing it. 28 Total views 1 Total shares The governance token holders of Tornado Cash will soon regain control over the protocol's operations, thanks to an unexpected proposal put forth by the individual responsible for the attack. This development allows the…

Buterin responded to a post about Iggy Azalea's MOTHER token potentially leading the celebrity crypto trend towards sustainable value creation.

Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. 339 Total views 4 Total shares South Korean cryptocurrency exchange Upbit will soon halt services for unverified users.On Saturday, the company officially announced a set of changes to its customer verification system in compliance with South Korea’s mandatory Anti-Money…

Friday, May 31 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,300 mark, with minor gains on the day.Market visualization courtesy of Coin360Bitcoin is nearly 5% down on the day, trading at $8,320 at press time, according to CoinMarketCap.…

A demand for a reclaim of higher levels enters to end the week, with traditional markets recouping losses. 1803 Total views 30 Total shares Bitcoin (BTC) kept $40,000 in play at the Wall Street open on Feb. 25 after 16% daily gains increased bulls' confidence.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhales "leading the charge" towards…

Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up.However, it is worth noting that Bollinger Bands and the…

A 'whale' solo Bitcoin miner with a whopping 1.14PH/s computing power solved a valid block on Tuesday. 390 Total views 20 Total shares Hopium is back on the menu for solo Bitcoin (BTC) miners. A circa $240,000 reward, or 6.25 BTC, was generated by yet another solo miner this morning. This time, the odds were less…

Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse. 459 Total views 3 Total shares Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of…