#transactions
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DeFi vs CeFi
Currently, all investors and traders working with cryptocurrencies are faced with the choice between conducting digital asset transactions through centralized platforms with user-friendly interfaces and services or without intermediaries but with a limited number of non-custodial wallet options. The percentage of censored transactions on Ethereum fell to 47%
Guided by the U.S. Office of Foreign Assets Control (OFAC), some validators are now censoring transactions on the Ethereum network. Last November, the percentage of OFAC-compliant blocks peaked at 79%, but now that figure has dropped to 47%.
Justin Sun, co-founder of the Huobi exchange, expressed his delight at China's decision to levy a tax on cryptocurrency transactions. He believes that this is a sure sign that China is ready to accept the existence of digital assets and ease the pressure on crypto projects.
Even the fact that fiscal authorities require crypto-markets to register users who invest in cryptocurrencies did not dim his joy.
At the same time, he claims that Huobi is registered in the Seychelles and thus is not required to provide customer information.
And Justin Sun dreams that the TRON blockchain will be adopted in China at the national level.
What else is there to say? Justin Sun is like Jean-Claude Van Damme, but for crypto.
Conor Grogan, Head of Product Business Operations at Coinbase, called attention to dubious transactions carried out by anonymous wallets that were purchasing tokens minutes before Binance listing announcements and selling them during the pump.
The purchase of Rar, ERN, TORN, and RAMP tokens are examples of such transactions. A $100,000 to $900,000 worth of transactions were made. The "trader" earned several million dollars over the course of several transactions.
Grogan speculated that it could be either a rogue employee or a trader who might have access to the losing API.
Editors' note: don't make it up! Ukrainian deputy Oleh Liashko won the lottery three times and took home the grand prize each time. It's just luck, a strong instinct, and a desire for victory!
Arkham Intelligence has developed an app that uses a Twitter handle to search for anyone's activity across various blockchains, including Ethereum, Polygon, and BNB Chain.
The app can:
find wallet addresses that the user has interacted with;
filter the user's recent transactions;
visualize their actions on the blockchain.
Anyone who wants to join this impressive initiative can sign up for the waitlist.
The first entities on the waitlist are probably the IRS and the FRS.
The state of Illinois decided to make a difference in the world of blockchain, and it succeeded. The local Senate wants to be able to... cancel bitcoin transactions.
According to the Digital Property Protection and Law Enforcement Act, validators must cancel transactions and return the funds to the sender or transfer them to the state Treasury if ordered by the state's attorney. The same goes for smart contracts, which must be rescinded upon a valid court request.
Shall we expect a manual sunset in the next bill?
The Cardano project released the Valentine upgrade on Valentine's Day. Evidently, to ensure that lonely devs won't be without a gift.
What about the features of the upgrade?
Ability to create cross-network bridges that enable transactions to occur between various blockchains.
Enhanced cryptographic features.
Improving cross-chain decentralized application (dApp) development on the smart contract platform.
The price of the ADA token increased by 8%, outperforming BTC and ETH. South Korea to introduce a crypto tracking system
Next month, The Open Network validators plan to vote on freezing 195 inactive addresses.
These addresses hold more than 1 billion TON coins, which amounts to $2.5 billion USD. If this decision is made, the blocking will last for 4 years and the owners of these wallets will not be able to make any transactions during this period.
A forced hold for long-term holders? It's interesting, but short term holders could definitely use some freezing!
Ethereum supporters are looking forward to the upcoming crypto spring. Another network update, dubbed Shanghai Fork, is scheduled for March. Shanghai Fork will allow users to access the funds locked into the Ethereum Beacon Chain. Depositors will be able to participate in validating transactions and earn newly-created Ethereum.
J.P. Morgan believes Shanghai Fork will be a pleasant surprise for Coinbase as well. It estimates that up to 95% of retail investors of this crypto exchange will be able to participate in Ethereum staking after the update. The matter is that Coinbase may get additional revenue of about $225-$545 million per year. 







