Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed

Bitcoin (BTC) surged to a new all-time high today, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has started its march toward the all-time high. This pushed the total market capitalization of the crypto sector to a new all-time high above $2.64 trillion.The successful debut of the ProShares’ Bitcoin Strategy…

Digital identity consortium, Arianee, has authenticated a limited batch of luxury wallets using its blockchain protocol.On March 26, Swiss luxury watchmaker Breitling announced the release of a limited edition chronograph certified using the Arianee protocol. Each individual Top Time watch will be given a unique digital identity using distributed ledger technology.Breitling Issues First Blockchain-Based Digital…

On Sept. 19, former Overstock.com CEO Patrick Byrne sold his entire stake in the firm, which accounted for 13% of the company and was worth over $90 million. While the move surprised many, those closely following Patrick’s eccentric personality saw it coming from a mile away. Overstock was launched in May 1999. In the early days…

In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to fraudulent activity in 2022 alone.As we entered 2023, there was a chorus of promises to increase security within…

A correction continues for Bitcoin during Friday, but it may not be over yet, and analysts are far from worried. 886 Total views 27 Total shares Bitcoin (BTC) dipped below $64,000 on Nov. 12 as its comedown from new all-time highs continued to unnerve.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC: Consolidation becomes down moveData from…

Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing…

Belgium’s Financial Services and Markets Authority (FSMA) has updated a blacklist of crypto-related websites associated with fraud, according to an official statement on April 4.Following a previous crypto-related scam blacklist update in December 2018, the FSMA has added seven new crypto trading platforms where it has found signs of fraud.The blacklist now includes a total…