BLOCKCHAIN

Bitcoin Dominance Falls to a 6-Month Low as a Metric Declares a New ‘Alt Season.’

[ad_1] This month, Bitcoin (BTC) is facing new competition from altcoins, as data suggests that – technically — it is already "alt season." BTC now accounts for 41% of the total crypto market cap, its lowest market share since January. According to CoinMarketCap and TradingView data, BTC currently accounts for roughly 41% of total crypto market capitalization - its lowest since the beginning of 2022. Bitcoin Sheds Market Cap Prowess
BLOCKCHAIN

U.S. Treasury Gives Sanctions to USDC and Eth Addresses Linked to Tornado Cash

[ad_1] The protocol was at the heart of recent decentralized finance hacks and exploits, notably the reported theft of $455 million by the North Korea-affiliated Lazarus Group. The U.S. Treasury Department has placed more than 40 bitcoin addresses purportedly linked to the controversial mixer Tornado Cash on the Office of Foreign Asset Control's (OFAC) Specially Designated Nationals list. OFAC essentially blocked U.S. residents from utilizing Tornado Cash in a Monday