It’s All About Crypto Blog
Iraq Has Banned USDT
The Central Bank of Iraq has reportedly outlawed the use of USDT. According to Kurdistan Watch, the move was made under pressure from the U.S., which fears that Tether’s infrastructure might be used to bypass sanctions on Iran. This marks a turning point for the stablecoin market. We’re now seeing the world split into two camps: 🏛 In some countries, USDT is treated...
Babylon Genesis Mainnet is Live - And Right on Time
The Babylon Genesis blockchain launched its mainnet yesterday, and I believe the timing couldn’t be better. Right now, there’s a heated discussion going on in the Bitcoin community: what happens if BTC is only being held, but not actually used? * More and more blocks are coming in half-empty, and the number of unconfirmed transactions in the mempool sometimes drops to just...
New on Solana: Confidential Tokens
Surprisingly, almost no one’s talking about this: Solana now supports tokens with confidential balances and confidential transaction amounts. This means when you create a token smart contract, you can enable a privacy feature that hides the amount of every transaction. What remains visible on-chain is: * the sender’s address * the recipient’s address * the block in which the transaction was confirmed...
New Wallet on Cardano Ties Access to Google
The Twitter account @zkFold shared an interesting update: there's a new type of wallet on the Cardano blockchain. It lets you hold your crypto yourself - but without the need to remember a seed phrase. Instead, access is tied to your Google account. This new tech is called a Smart Wallet. The idea is that crypto is sent to an address like [email protected]...
When in Doubt, Follow the Fartcoin Crowd
Today I was browsing through the list of cryptocurrencies on CoinGecko. Each coin on the rankings page has a little 7-day price chart next to it. It’s a grim sight - nearly all of them are red, showing sharp declines across the board. And it makes sense. On April 2nd, the U.S. President announced the "liberation of America" (read: a trade war with the rest of...
The Market Just Told You What It Really Thinks
The market seems to be sending very positive signals today. If you're feeling discouraged by Bitcoin’s recent price drop, here's something worth noting. As soon as media reports surfaced claiming Trump was considering a proposal to delay tariff introductions for 90 days (excluding China) for further negotiations, Bitcoin quickly surged from $76K to $81K. However, once it became clear the news was...
Where’s the Bigger Risk: Banks or Crypto Exchanges?
Last week, Australian ME Bank informed its customers that starting from May 10, 2025, it will introduce a cap on transfers to cryptocurrency and digital asset exchanges: no more than 5,000 AUD per calendar month. Clients reported receiving formal notices from the bank, sparking lively discussions in crypto-focused online communities. One particular comment stood out to me. A user said...
HYPE ≠ BTC - and here’s why
In a recent interview on the Steady Lads YouTube channel, Hyperliquid founder Jeff Yan responded to criticism that HYPE token airdrops are fueling sell pressure. He compared HYPE’s token distribution model to Bitcoin’s — which he called the fairest of them all. Now, if you look back at how the first bitcoins were distributed, Satoshi Nakamoto actively supported bitcoin faucets - websites that...
New drop from Cardano Foundation
Cardano Foundation has introduced a decentralized identity solution called Veridian. Here’s how it works: * You install the Veridian Wallet (available on Android and iOS) and generate a private key. * It functions much like a crypto wallet - but instead of holding coins and tokens, it stores non-fungible, immutable files: your personal data. * These data credentials are issued by trusted organizations...
TrueUSD, FDUSD hit FUD. Bitcoin says “Thanks.”
Yesterday, we witnessed something unusual on the market - a wave of FUD hitting not just one, but two stablecoins at the same time. It all started with reports that TrueUSD had a $456 million shortfall in its reserves. The issuer, Techteryx, claimed they were the victim of fraud and took the matter to a Hong Kong court. Then Justin Sun stepped...
