Cryptocurrency Analysis and News Portal
Crypto lender Voyager Digital Holdings has reported users may be able to make cash withdrawals from the app more than a month after suspending trading, deposits, withdrawals and loyalty rewards.In a Friday blog post, Voyager said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a
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The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured.
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The plan comes after Voyager gained court approval Thursday to honor customers' dollar withdrawal requests from Metropolitan Commercial Bank, where Voyager had a deposit account. In a blog post, Voyager said it could take 5-10 days to process return requests. Original Source
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New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in
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Tesla CEO Elon Musk said the EV company could add to its bitcoin position again in the future, but wanted to boost its cash position. Original Source
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The asset breakdown comes at a time when crypto firms and their finances are under increased scrutiny in the on-going crypto credit crisis. Original Source
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Tornado Cash is a decentralized mixer protocol that enables private transactions on Ethereum. Mixers are smart contracts that accept, pool and mix cryptocurrency from multiple senders in order to increase privacy by obscuring potential audit trails. Users send ether to the Tornado Cash smart contract and withdraw that ether and
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Popular cryptocurrency mixer Tornado Cash has fully open-sourced its user interface (UI) code — a move its developers say fulfills their mandate of complete decentralization and transparency. Tornado Cash Classic UI became fully open-sourced on Thursday, the protocol’s anonymous developers announced in a Medium blog post. Although the protocol’s UI has
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Summary: Tom Loverro has recommended crypto investors have enough cash to get through the next 30 to 36 months. According to his analysis, the crypto markets could go lower in 2022 and be flat in 2023. He warns that previous Bitcoin and crypto cycles are not a determinant of the future of the
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Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest ever price.CoinFLEX debacle ensnares BCH supporter VerBitcoin Cash, also known as
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