Binance Reveals Incident That Forced It to Freeze BTC Withdrawals

In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take […]

Go to Source

Powered by WPeMatico

Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active

Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain ActiveSince September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel During the last six months, approximately 244 Casascius […]

Go to Source

Powered by WPeMatico

Wasabi Wallet to Begin Censoring Coinjoin Transactions

wasabi walletWasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance […]

Go to Source

Powered by WPeMatico

Price Increase Drives 98% of Bitcoin Holders Into a State of Profit

Price Increase Drives 98% of Bitcoin Holders in a State of ProfitThe price of bitcoin jumped significantly on Wednesday after the payment processor Paypal announced cryptocurrency support. The jump in value has pushed a large number of bitcoin holders into a state of profit, according to Glassnode “percent of UTXOs in profit” statistics. Based on the current data, 98% of all bitcoin UTXOs are in a […]

The post Price Increase Drives 98% of Bitcoin Holders Into a State of Profit appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

PSF Token Invokes the First Coin-Age Staking Protocol on Bitcoin Cash

During the last six months, the Simple Ledger Protocol has grown immensely and there’s been 9,604 SLP tokens created since the infrastructure launched. Just recently news.Bitcoin.com reported on mistcoin, the mineable SLP token that can be mined with a CPU. Now software developer Chris Troutner has invoked tokens called PSF, which are the first SLP […]

The post PSF Token Invokes the First Coin-Age Staking Protocol on Bitcoin Cash appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico