It’s All About Crypto Blog
Binance Drops - Market Shrugs
Today, Binance announced it will be delisting three spot trading pairs - ANIME, HYPER, and STO. Interestingly, all three tokens saw a price uptick after the announcement. The gains weren’t huge - just a couple of percent - but still, it’s the opposite of what used to happen. Not so long ago, poor performance on exchanges was a death sentence...
Monero Under 51% Attack - What’s Happening and What to Expect
The 51% attack on the Monero network I warned about earlier now appears to have actually happened. Judging by the pattern of blocks appearing and disappearing, it seems the attack has taken the nastiest possible form. The attacking pool isn’t just replacing individual blocks as they’re mined - it’s privately mining an entire chain of blocks, then, once that chain becomes longer than...
Coinbase Pulls the Plug on ERN – But We’re Keeping It Alive
The bridge for moving Ethernity Chain (ERN) tokens to the new Epic network was shut down without warning, and the project team has announced it will never be reopened. Coinbase took notice – and action. Concerned about a sudden drop in liquidity for the old ERN token, the exchange has announced it will suspend ERN trading starting August 22, 2025. Here’s the...
Which Cryptocurrencies Surpassed Their ATH in This Cycle
When choosing cryptocurrencies for my personal portfolio, I look at several criteria — and one of them is this: If a cryptocurrency reaches an all-time high in one market cycle, and then surpasses that record in the next cycle, it means someone needed it badly, or believed in it strongly — twice. That’s a signal that there may be solid...
Only 23% of Bitcoin users prefer self-custodial wallets
VanEck recently published a chart showing that only 23% of Bitcoin transaction addresses belong to personal wallets. The other 77% are exchange addresses – and their share keeps growing. It seems most Bitcoin users prefer to move coins from one exchange to another. One possible reason is that AML systems tend to trust exchange addresses more than addresses with unknown...
Paxos Fined $26.5M Over AML Failures Related to BUSD
Paxos has reached a settlement with the New York Department of Financial Services and agreed to pay a $26.5 million fine. The fine was issued due to alleged weaknesses in its anti-money laundering controls while managing Binance USD (BUSD), a stablecoin issued by Paxos. This is yet another case where a crypto-related AML investigation ends without going to trial...
China Targets Worldcoin Over Iris Scans
China’s Ministry of State Security has issued a warning about the dangers of iris data collection, citing a foreign project that distributes tokens in exchange for eye scans. It’s pretty clear they’re talking about Worldcoin and its WLD tokens. The ministry makes three key points: * The iris is a unique biometric identifier (like a fingerprint). * If leaked, this data can’t be...
The Hardest Floor in Stablecoins - Backed by BTC
The public testnet of the Alpen network has launched. Its flagship product will be the Bitcoin Dollar (BTD) – a stablecoin fully backed by Bitcoin. This isn’t just another crypto‑backed stablecoin. Its design is inspired by the original DAI model, but with key flaws fixed: 1. No governance whatsoever – In DAI, everything has always been controlled by MKR token holders: they set interest...
What Bitcoin Still Can’t Fix?
The team behind one of the most impressive projects in the Bitcoin ecosystem - RGB - is planning to launch a new L1 blockchain called Prime. This was revealed in a research paper by RGB lead developer Maxim Orlovsky. It’s an unexpected move from people who have spent years working to improve Bitcoin itself. RGB is a major breakthrough: it brings client-side...
What If USDT Loses Its Peg? Part II: DeFi and Self-Custody
Not long ago, the Bank for International Settlements (BIS) published a report warning that a major stablecoin might not survive a wave of redemption requests. The name of the stablecoin and its issuer weren’t disclosed. The warning itself was also phrased carefully — the BIS wasn’t predicting the collapse of a stablecoin outright, but rather the risks of a sharp sell-off in the...
