NFT News by Thebittimes.Com

Stablecoin issuer startup Tether froze 41 wallets earlier today, with on-chain data showing several of the crypto wallets used the services of Tornado Cash.  Tornado Cash is on Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals (SDN) list. Tether made the move to halt the operations of the wallets with the help of data collected from blockchain intelligence company Chainargos. Ether crypto transactions data tracker Etherscan flagged one of the addresses, stating it was reportedly involved in the infamous Ronin Bridge hack. Collectively, the frozen virtual wallets moved most funds in Staked USDT (STUSDT). Nonetheless, it is not the first time Tether froze wallets linked to warfare, as it ceased the operations of 32 crypto money holders related to the wars in Ukraine and Israel. As reported by CNBC, the wallets held a collective sum of $873,118. In October, Tether stated it had collaborated with 31 agencies in 19 different global jurisdictions, facilitati...

Host: Colin Wu from Wu Blockchain Guests: DiscusFish, founder of Cobo, John Ge, CEO of Matrixport, and Li Peicai, a senior miner Colin Wu: I would like to invite the three of you to share your current thoughts or research on the bull-bear cycle. Has anything changed? How long do you think the bear market will continue and when will the next bull market arrive? DiscusFish : Regarding the judgment and cycle of the bull and bear markets, I see no significant changes from my perspective. There are several major factors to consider. One is the halving cycle of Bitcoin that the industry has been following every four years. Next year around April or May, we will enter another normal Bitcoin halving cycle. Typically, as history has shown, a new market cycle will commence around six months after the halving. This is a previously established narrative. However, the halving this time will involve a smaller amount of reduction, so its impact might not be as dramatic. The second aspect to consider ...