Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18 By Cointelegraph
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Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18Binance ends support for anonymous transactions
Binance has decided to ban Litecoin (LTC) transactions sent through the most recent MimbleWimble (MWEB) upgrade from its exchange, noting that such transactions would now result in the loss of the related LTC. Binance isnt delisting LTC entirely, unlike other exchanges that have decided to remove the cryptocurrency. Among its changes, the latest Litecoin MWEB update ushered in privacy features. Binance’s decision to end support for these transactions comes as global crypto regulation remains an ever-present focal point in the industry.
difficulty bomb delayed but network adoption still growing
The difficulty bomb, a key piece of the puzzle in Ethereums move to proof-of-stake (PoS), has been delayed. Put simply, the difficulty bomb makes mining on Ethereums current proof-of-work (PoW) chain undesireable in order to push everyone over to the PoS chain. Anticipated to occur in August, the move to PoS is has been dubbed The Merge by Ethereum. Ethereum developers recently concluded a successful testnet merge, which simulated how the real Ethereum PoS chain would play out.
72 of the top 100 coins have fallen 90% or more: Here are the holdouts
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Celsius exodus: $320M in crypto sent to FTX, user withdrawals pause
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Binance.US faces class-action lawsuit over LUNA and UST sale
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
Elon Musk gets hit with ‘ridiculous’ $258B lawsuit
What can other algorithmic stablecoins learn from Terra’s crash?
How to survive in a bear market? Tips for beginners
Central authorities have demonized privacy Crypto projects must fight back
Continue Reading on Coin Telegraph
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Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18Binance ends support for anonymous transactions
Binance has decided to ban Litecoin (LTC) transactions sent through the most recent MimbleWimble (MWEB) upgrade from its exchange, noting that such transactions would now result in the loss of the related LTC. Binance isnt delisting LTC entirely, unlike other exchanges that have decided to remove the cryptocurrency. Among its changes, the latest Litecoin MWEB update ushered in privacy features. Binance’s decision to end support for these transactions comes as global crypto regulation remains an ever-present focal point in the industry.
difficulty bomb delayed but network adoption still growing
The difficulty bomb, a key piece of the puzzle in Ethereums move to proof-of-stake (PoS), has been delayed. Put simply, the difficulty bomb makes mining on Ethereums current proof-of-work (PoW) chain undesireable in order to push everyone over to the PoS chain. Anticipated to occur in August, the move to PoS is has been dubbed The Merge by Ethereum. Ethereum developers recently concluded a successful testnet merge, which simulated how the real Ethereum PoS chain would play out.
72 of the top 100 coins have fallen 90% or more: Here are the holdouts
Three Arrows Capital has failed to meet margin calls: Report
Celsius exodus: $320M in crypto sent to FTX, user withdrawals pause
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Binance.US faces class-action lawsuit over LUNA and UST sale
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
Elon Musk gets hit with ‘ridiculous’ $258B lawsuit
What can other algorithmic stablecoins learn from Terra’s crash?
How to survive in a bear market? Tips for beginners
Central authorities have demonized privacy Crypto projects must fight back
Continue Reading on Coin Telegraph
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