CryptoAddicted

2021-07-20 20:17:47 EU plans to ban anonymous cryptocurrency wallets

The European Commission plans to ban anonymous cryptocurrency wallets, Reuters reports.

The law aims to force service providers to collect data such as sender's name, address, age and recipient's name.

In a statement, the Commission argues that the recently proposed law would make Bitcoin and other cryptocurrencies fully traceable:

"Today's amendments will ensure full traceability of transfers of cryptoassets such as bitcoin, as well as prevent and detect their possible use for money laundering or terrorist financing." Open / Comment

2021-07-17 18:18:27 Police in Malaysia crushed 1,069 bitcoin miners with a roller.

The process was captured on video.

Miri authorities seized the devices from miners accused of stealing electricity, writes the local newspaper The Star.

The equipment was confiscated during a joint operation by the police department and the power company Sarawak Energy from February to April in six separate raids. Its total cost is estimated at $1.25 million. Open / Comment

2021-07-17 11:37:32 Anonymous whale transferred 13003 BTC to Coinbase

According to a recent tweet from the Whale Alert team, an anonymous crypto whale has moved 13,003 bitcoins to the Coinbase exchange.

The transaction fee was $3.6 in fiat.

Earlier this week, 14,550 BTC were listed on the Binance exchange, and 4518.409 BTC of that amount were transferred in just one hour. The CEO of analytics provider CryptoQuant believes selling pressure on the largest cryptocurrency is increasing. Open / Comment

2021-07-16 19:14:15 Binance ends support for tokenized shares

The popular crypto exchange Binance is ending support for all tokenized shares on its platform. The exchange team made the announcement earlier today and also explained that the move was intended to shift their "commercial focus to other product offerings."

Holders of exchange tokens on Binance must manually sell stock tokens by October 14 of this year. In addition, any tokenized share positions that remain open after the 14th will be closed on October 15th at 13:30 UTC.

Equity token holders residing in the European Economic Area (EEA) have the additional option of transferring their positions to CM-Equity AG, which is developing a portal for this particular process. The Binance team announced that the portal is scheduled to open approximately two to four weeks before October 15, 2021. CM-Equity AG will request additional KYC verification measures. Open / Comment

2021-07-16 12:56:09 City in Tennessee plans to accept bitcoin for taxes

Mayor Scott Conger announced on Friday that Jackson, the eighth largest city in Tennessee, plans to allow its citizens to pay property taxes in bitcoin.

He also stated that the blockchain task force wants to allow employees to use the averaging of the dollar value in bitcoins.

In a separate tweet, the politician expressed concern about the depreciation of the dollar:

“Why do we accept inflation? Why don't we ask more of our federal government? 6.3% after 2 years. 172.8% in my lifetime. Our dollar depreciates every year.” Open / Comment

2021-07-15 20:03:37 Dogecoin Co-Founder Claims The Cryptocurrency Is Run By A "Powerful Cartel" Of Wealthy People

Jackson Palmer expressed his dissatisfaction with the cryptocurrency industry on a long Twitter thread, stating that:

“Despite claims of 'decentralization', the cryptocurrency industry is controlled by a powerful cartel of wealthy people who have evolved over time. They included many of the same institutions tied to the existing centralized financial system, which they purportedly intended to replace. "

Palmer believes that cryptocurrency is "right-wing, hypercapitalist technology."

He also added that cryptocurrencies were specifically created to enrich those at the top. Thus, all of this represents the worst system in existence today.

What do you think about this statement? Open / Comment

2021-07-15 14:47:12 Vitalik Buterin stars in a new documentary about Ethereum

The documentary team is working on the first full-length documentary on Ethereum and is currently trying to raise 750 ETH through the Mirror crowdfunding site.

Ethereum: The Infinite Garden will include interviews with various people involved in the development of Ethereum. The co-author of the network, Vitalik Buterin, and Aya Miyaguchi, executive director of the Ethereum Foundation, took part in the filming.

Also, on the Mirror platform, NFT films are available for purchase, where each token indicates the level of involvement in the project. Open / Comment

2021-07-15 14:44:42 Open / Comment

2021-07-15 01:59:50 The ECB is moving to active research on the digital euro and may release it in 4 years.

The European Central Bank has announced a move from discussing the digital euro to directly considering plans to issue it. It is expected that the "exploration phase" could lead to the emergence of digital currency in the middle of this decade.

The current stage will last 24 months and will be aimed at solving key issues in the device and distribution of the digital euro. Open / Comment

2021-07-14 08:56:17 Open / Comment