It’s All About Crypto Blog
Privacy Tokens Gain Momentum After Legal Rulings
The price of the TORN token surged by 450% after a U.S. appeals court ruled that OFAC overstepped its authority by sanctioning Tornado Cash. However, in my opinion, a far more significant event for cryptocurrencies focused on privacy is the resignation of the prosecutor handling the cases against Samourai Wallet and Tornado Cash...
NEAR/ETH Exchange Rate Climbs After Integration
Two weeks ago, I shared a post about NEAR’s integration with the Ethereum ecosystem. In that post, I noted how a similar integration between Cardano and Bitcoin had led to a significant rise in the ADA/BTC exchange rate. I suggested we watch to see if NEAR/ETH would experience a similar boost. And it did. Over the past two weeks, the NEAR/ETH...
Can Decentralization Be Shut Down?
I recently saw a curious reply in a community of an exchange offering both CEX and DEX modes. You can see it on the screenshot. My reaction? A Connect Wallet button doesn’t make a service decentralized! A similar misunderstanding appears on hecoscan.io, which just announced the shutdown of the HECO blockchain on January 15, 2025. HECO...
How to Steal Cryptocurrency
If you ask me to name the strongest argument for keeping savings in cryptocurrency, I would say this: Cryptocurrency is the only asset that no one can take away from me without my consent. * If I keep my savings in a bank, some authority could force the bank to withhold my funds, and the bank would...
Zcash Halving and Grayscale's ZEC Trust: A Missed Opportunity?
Today marks the Zcash halving, and Grayscale is promoting its Grayscale Zcash Trust as an investment opportunity. But a quick glance at the Trust's Performance Chart shows a consistent decline in share value, mirroring ZEC’s falling price. 📉 It seems ZEC isn’t the token people buy expecting price growth. Even amidst today’s crypto hype, ZEC trades lower than at the end...
Satoshi Nakamoto: Climbing the Wealth Rankings
The closer Bitcoin’s price gets to $100,000, the higher Satoshi Nakamoto climbs on the list of the world’s richest people. At current levels, if Forbes recognized Satoshi Nakamoto, he would rank 13th. With 1.1 million BTC (according to Arkham), his fortune is worth over $107 billion - more than Rob Walton and family but still shy of Michael Dell’s $109.7 billion...
BIS Study: DeFi Markets Favor Large Players
A recent paper by the Bank for International Settlements reveals that decentralized financial markets primarily benefit large capital holders. Smaller participants joining liquidity pools for passive income often face lower-than-expected returns, unable to compete with whales and professionals: * Market professionals constantly monitor and adjust their positions, providing concentrated...
Spaces Protocol Launches on Bitcoin Mainnet
Today, the Spaces protocol goes live on the Bitcoin mainnet. It allows users to register unique names permanently tied to a specific private key, recorded forever on the Bitcoin blockchain. Here’s how it works: * To claim a name, you must declare your intent and start an auction. * The highest bidder wins the name. * Payment...
HBAR Surges 42% Amid Market Frenzy
I’m constantly amazed by the explosive demand for certain cryptocurrencies during the current market frenzy. In the past 24 hours, HBAR posted the highest gain among the top 100 cryptos, surging 42% against the dollar. And no, it’s not just another meme coin. HBAR is the token of a serious, large-scale international financial project...
Are We the Owners of Our Cryptocurrency?
Recently, a client of Rabbit Swap encountered trouble while trying to exchange Bitcoin for another cryptocurrency. They got an address from our liquidity provider for the Bitcoin transfer but mistakenly sent Bitcoin SV (BSV) instead. Upon realizing the error, the client requested the return of the BSV. Technically, this was possible because a private key for a Bitcoin...
