Price analysis 2/12: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, LINK, AVAX, SUI

Joseph Bankman and Barbara Fried have started facing professional consequences for their child Sam Bankman-Fried's illegal actions. 914 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTThe domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his…

Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit means.For platforms like Tornado Cash, the mainstream verdict is “guilty as charged.” The infamous decentralized mixing protocol was sanctioned by the United States Office of Foreign Assets…

“Once crypto exchanges are compliant, the SEC's primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” said the analysts. 146 Total views 12 Total shares Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities…

A four-day winning streak brought the Bitcoin (BTC) prices closer to testing its 50-day exponential moving average (~$35,115) as resistance.The wave, which was instrumental in strengthening Bitcoin's bullish bias across 2020 as support, flipped to become a resistance during the May 2021 sell-off. In doing so, it capped the cryptocurrency from extending its upside rebound…

The service provides code to scammers that allows them to drain wallets using token approval phishing methods 753 Total views 3 Total shares A new scam as a service called “Inferno Drainer” has reportedly stolen nearly $6 million from unsuspecting crypto users, according to Web3 scam detecting firm Scam Sniffer. Inferno Drainer reportedly advertises that…

The former Federal Reserve official once again expressed his opposition to a United States central bank digital currency in a Tuesday podcast. 145 Total views 8 Total shares Former United States Federal Reserve vice-chair for supervision Randal Quarles discussed central bank digital currencies (CBDC) and the chances of the U.S. adopting such technology in an…

Central Bank of Germany representative Burkhard Balz said that cryptocurrencies do not pose a threat to financial stability during a talk at the European Parliament reported a post published on the institution’s website on July 9.Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, stated that “crypto-tokens currently do not pose a risk…

The recently released personal identification authorization tool Telegram Passport from messenger app Telegram is vulnerable to brute force attacks, according to an Aug. 1 report by cryptographic software and services developer Virgil Security, Inc. On July 26, Telegram announced the launch of Telegram Passport designed to encrypt users’ personal ID information and let them share…