CryptoBlog n.2274
The active TON addresses outpaced those of other major L1 blockchains, including Tron, Ethereum, and Litecoin, reaching over 3m daily average users in the first week of September.
CryptoBlog n.2273
🪙 #Bitcoin’s correlation with global liquidity outshines gold and stocks Bitcoin (BTC) moves in sync with global liquidity 83% of the time, surpassing all other major asset classes, according to a report by venture capitalist Lyn Alden. According to the report, Bitcoin has shown a strong correlation with global liquidity over the years, with the flagship crypto generally rising when liquidity expands and correcting when global liquidity shrinks. The report added that this makes Bitcoin the “purest liquidity barometer.”
CryptoBlog n.2272
Tether, the company behind stablecoin USDT, has released its Q2 2024 attestation report: ⚫️Reserves amounted to $118.4bn, exceeding liabilities by $5.3bn ⚫️Holds $97.6bn in U.S. Treasuries, making it the 18th largest holder, surpassing Germany, UAE, and Australia ⚫️Worked with 180 institutions in 45 jurisdictions globally, freezing around 1,850 wallets ⚫️Assisted in recovering over $113m in assets Tether also launched TetherFacts, dedicated to addressing public concern while displaying its lifelong accomplishments.
CryptoBlog n.2271
💰 Woman Sentenced to 8 Years in Prison After Failed Bitcoin Murder-for-Hire Plot A woman has been sentenced to over eight years in prison after her murder-for-hire plot using bitcoin fell apart. Melody Sasser attempted to use the dark web to hire a hitman to kill an Alabama resident. She paid nearly $10,000 in cryptocurrency and tried to make the murder look like an accident. Authorities discovered incriminating evidence in her home, leading to her arrest and conviction.