It’s All About Crypto Blog
Wallet.tg Blocked Crypto Without Explaining the Violation
Russian political activist Daniil Chebykin reported on X that his account on wallet.tg (custodial wallet inside Telegram) was abruptly blocked, denying him access to withdraw his crypto assets. Initially, the wallet’s support team claimed Chebykin violated their terms of service and instructed him to withdraw his funds. But a month later, they backtracked, stating withdrawals were...
70% of Bitcoin is Still in Individual Hands
According to analysts from River, nearly 70% of all Bitcoin is held by individual owners (i.e., private individuals). Honestly, this number surprised me. Personally, I had far more Bitcoin 10 years ago than I do now. I believed that this was a general trend: as the price rises, it's hard to resist selling, meaning the higher the price...
Who Needs Anonymous Cryptocurrencies and Why
Among the clients of rabbit.io, anonymous cryptocurrencies are quite popular. We often process swaps in which such coins are involved. This popularity isn’t influenced by current trends. Whether prices go up or down, whether there’s some political news related to these currencies or not — none of that matters to people who truly use them...
Court Orders Freeze on Stolen BTC
At Rabbit Swap, we sometimes encounter transactions flagged as "high-risk" by private AML databases (like Chainalysis or Elliptic). These lists are not public, but they can cause major issues - most liquidity providers refuse such funds, forcing us to return them to senders. BUT HERE’S A NEW DEVELOPMENT: A New Jersey court recently issued a freeze order in...
Solana Inflation Vote Outcome: Stability Prevails
Yesterday's governance vote on adjusting Solana’s inflation model has concluded — no changes will be made. SOL’s inflation rate remains at 4.6% annually, gradually decreasing by 15% each year until stabilizing at 1.5% (details). However, the bigger picture raises important questions. Majority-based governance in crypto is a double-edged sword. Imagine Satoshi Nakamoto resurfacing decades from now, only to...
Bitcoin Vanishes Amid Legal Battle
A recent Puerto Rico District Court order has once again raised the issue of cryptocurrency ownership. Here’s the story: Juan Carlos Reynoso, convicted of drug trafficking, was ordered to forfeit 119.65 BTC (stored at bc1q...dgac) to a government-controlled address (bc1q...er2h). But on the very day of the court order, the Bitcoins were moved - leaving the government empty-handed...
PAWS Token Alert
Today, Bybit launched a new token giveaway for PAWS via their Launchpool. Normally, such events aren’t particularly noteworthy, as Launchpools are quite common on various exchanges. However, there's a significant detail that deserves attention regarding PAWS's price. Orders for buying and selling PAWS are being accepted on Bybit in pre-market mode. The current rate is 0.00064 USDT...
If You Can’t Beat Crypto... Lead It
The OCC recently issued a news release allowing US banks to engage in cryptocurrency operations. This development was both expected and promising, following similar moves in other countries where major banks have been handling crypto transactions for some time. It's been frustrating to watch US banks lag behind, even going as far as blocking...
Betting on Governance: The Assets Defying Crypto's Fall
The crypto market keeps falling and falling. Many are waiting for a reversal, but those expectations haven't been met. Today, we witnessed yet another bottom. However, I noticed that some assets didn't follow the market's latest drop and actually performed quite well over the past 24 hours. It's interesting to see what makes them resilient to...
Ethereum's Academic Push: Science or Marketing?
The Ethereum Foundation offers an academic grants program targeting researchers in academia. This program raises interesting parallels with Cardano, a project known for its strict adherence to peer-reviewed research before implementing any changes. While Cardano's commitment to scientific validation often creates the illusion of inactivity (leading...
