The broader cryptocurrency industry is subtly pushing back against the sanctions on Tornado Cash by the United States Treasury Department for facilitating the transaction of illicit funds. In a new report by the Washington Post, USDT issuer, Tether has affirmed it will not be blockchain addresses linked to Tornado Cash…

[og_img] TKTK #Energy #Bitcoin https://crypto-news.se/the-more-energy-bitcoin-uses-the-better/ #CryptoNews

[og_img] Crypto Markets Stabilize After Steep Weekly Declines, Traders Show Near-Term Bearish Bias #Crypto #Markets #Stabilize #Steep #Weekly #Declines #Traders #Show #NearTerm #Bearish #Bias https://crypto-news.se/crypto-markets-stabilize-after-steep-weekly-declines-traders-show-near-term-bearish-bias/ #CryptoNews

This was possible because of how the Rainbow bridge works. As a wholly decentralized platform, Rainbow relies on several validators, called bridge relayers, who submit block info on Near blocks to Ethereum. Anyone can submit information to Rainbow, and false information could likely result in a loss of all user funds. #Hackers #Lose #Ether #Attack #Protocols #Rainbow #Bridge https://crypto-news.se/hackers-lose-5-ether-while-trying-to-attack-near-protocols-rainbow-bridge/ #CryptoNews

As preference and use for cryptocurrency and blockchain increases, several countries are devising numeral measures to fit into the industry. As a result, diverse regulatory approaches have been leased into the crypto industry for different jurisdictions. While some take a strict position resulting in a complete ban of crypto assets…

[og_img] Ready Player Me, an Estonian company that creates avatars in the Metaverse, has raised $56 million in a Series B funding round led by Andreessen Horowitz’s crypto and gaming funds. #Metaverse #Avatar #Creator #Ready #Player #Raises #56M #Series #led #a16z https://crypto-news.se/metaverse-avatar-creator-ready-player-me-raises-56m-in-series-b-led-by-a16z/ #CryptoNews

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[og_img] The upcoming weekly chart bearish crossover has a perfect record of trapping sellers on the wrong side of the market. #Bitcoin039s #Weekly #Chart #Shows #Bear #Market #Worsen https://crypto-news.se/bitcoins-weekly-chart-shows-bear-market-likely-to-worsen-or-does-it/ #CryptoNews

Notorious Bitcoin proponent John McAfee could be hiding in some underground residence, or a secluded island and away from public view. He could still be alive. Samantha Herrera, the former girlfriend of McAfee — who is well-known for developing an anti-virus software in his name — claims he did not…