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Between revolutionary announcements, technological advances, and regulatory disruption, the cryptocurrency ecosystem continues to prove that it is both a realm of boundless innovation and a battleground between regulation and economics. . Here's an overview of last week's most important news on Bitcoin, Ethereum, Binance, Solana, and Ripple.
HBO reveals Satoshi's true identity: Crypto community plunges into confusion
HBO shocked the crypto community with its documentary “Money Electric: The Bitcoin Mystery” by claiming that Canadian developer Peter Todd may be the mysterious creator of Bitcoin. The film is based on circumstantial evidence suggesting that Todd used the pseudonym Satoshi during his student days to hide his identity.
His support for innovations such as online postings and Replace-by-Fee (RBF) are cited as key indicators of his involvement. The crypto community remains skeptical and wants to keep the mystery surrounding Nakamoto hidden.
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Google simplifies ETH balance management with ENS domain integration
Google has taken another step towards cryptocurrency adoption by making it possible to search for balances associated with .eth domain names directly from the search bar. Through integration with Ethereum Name Service (ENS) and the use of data from Etherscan, users can now quickly check their crypto balances without leaving Google Search.
This development aims to make cryptocurrencies more accessible by avoiding the use of complex hex addresses and minimizing the risk of errors and phishing. This feature enhances security, improves user experience, and makes digital asset management more fluid. With this addition, Google confirms its commitment to supporting the blockchain ecosystem and fostering broader adoption of cryptocurrencies by the general public.
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FBI deploys cryptocurrencies to trap scammers
The FBI conducted an unprecedented operation to infiltrate a network of fraudsters in the crypto sector by creating its own cryptocurrency, NexFundAI. The investigation began in response to an SEC warning about market manipulation involving a company called Saitama.
Thanks to NexFundAI, the FBI was able to identify fraudulent practices such as wash trading used by companies such as Robo Inu, VZZN, and Lilian Finance, as well as market-making companies such as Gotbit and CLS Global. The fraudsters were caught red-handed after agreeing to manipulate NexFundAI prices in order to obtain compensation. This operation led to the indictment of 18 individuals and organizations, marking a historic step in the fight against cryptocurrency market manipulation.
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Mt. Gox postpones redemption: grace for market, judgment for creditors
Mt.Gox, the victim of one of the largest hacks in the history of cryptocurrencies, has announced that it will postpone repayments to creditors by an additional year until October 31, 2025. The decision is aimed at overcoming technical issues that have delayed the process, although 21,000 creditors have already been partially repaid with Bitcoin and Bitcoin Cash. Mt Gox still has 45,000 BTC (US$2.75 billion at current rates) in its wallet, and this extension temporarily reduces the risk of a major sell-off in the crypto market.
This respite has been welcomed positively by some investors who are hoping for stability in Bitcoin prices. However, longer waiting times increase creditor frustration and exacerbate distrust of centralized platforms, strengthening the attractiveness of decentralized solutions.
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Stripe uses Solana to reboot with crypto and revolutionize e-commerce
Online payments giant Stripe has made its return to the cryptocurrency sector after a six-year hiatus by integrating stablecoin payments via Solana. The company stopped supporting Bitcoin in 2018, citing transaction slowness and volatility. Currently, Stripe is betting on USDC, a stablecoin issued by Circle that provides critical stability for commerce. US sellers can receive dollars directly, and Stripe handles the exchange.
Solana stands out for its near-zero fees and high processing speeds, making it an ideal choice for Stripe, surpassing Ethereum and Polygon. This partnership reflects a step towards expanding the adoption of cryptocurrencies in e-commerce, combining Stripe's expertise with Solana's performance to create a fast and reliable payments infrastructure.
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That's the important thing to remember this week. But if you'd like more in-depth summaries and in-depth analysis straight to your inbox, don't hesitate to subscribe to our weekly newsletter.
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Toulouse Scientific Diploma and Certification Consultant Alila Blockchain Exam Rejoined 2019 Coin Tribune. Examining the potential of blockchain in the field of economics, and the relationship between public sensibilities and information providers that will bring about a certain evolution of the social system for learning economics. The month is about understanding blockchain and its opportunities. Analyze the purpose of reality, decipher trends in Marche, analyze innovative technologies and perspectives, and analyze social revolution in Marche.
Disclaimer
The views, ideas and opinions expressed in this article are solely those of the author and should not be construed as investment advice. Please do your own research before making any investment decisions.
