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Edward Snowden Issues Urgent Privacy Warning to Bitcoin Community Renowned whistleblower Edward Snowden has sounded the alarm over protocol-level privacy in Bitcoin, following Wasabi Wallet's decision to discontinue its coordination service in June 2024. This move has sparked significant concerns in the crypto space, as it affects users of other wallet clients connected to the zkSNACKs coordinator, including Trezor Suite and BTCPayServer. Snowden expressed disappointment and urged Wasabi Wallet to explore decentralized coordinator options or alternative configurations to maintain privacy protections. He has long advocated for integrating advanced privacy features into Bitcoin's underlying infrastructure to safeguard users' financial sovereignty. The discontinuation of the Coin Join coordination service is a significant setback for privacy in Bitcoin. While Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features, Snowden's warning highlights the urgent need for protocol-level privacy measures to be integrated into the Bitcoin protocol. He has consistently emphasized the importance of protecting users' privacy and financial sovereignty in the face of growing surveillance and censorship threats. #EdwardSnowden #BTC #altcoins

Edward Snowden Issues Urgent Privacy Warning to Bitcoin Community

Renowned whistleblower Edward Snowden has sounded the alarm over protocol-level privacy in Bitcoin, following Wasabi Wallet's decision to discontinue its coordination service in June 2024. This move has sparked significant concerns in the crypto space, as it affects users of other wallet clients connected to the zkSNACKs coordinator, including Trezor Suite and BTCPayServer.

Snowden expressed disappointment and urged Wasabi Wallet to explore decentralized coordinator options or alternative configurations to maintain privacy protections. He has long advocated for integrating advanced privacy features into Bitcoin's underlying infrastructure to safeguard users' financial sovereignty.

The discontinuation of the Coin Join coordination service is a significant setback for privacy in Bitcoin. While Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features, Snowden's warning highlights the urgent need for protocol-level privacy measures to be integrated into the Bitcoin protocol. He has consistently emphasized the importance of protecting users' privacy and financial sovereignty in the face of growing surveillance and censorship threats.

#EdwardSnowden #BTC #altcoins

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Crypto whales have made a significant investment of $5.56 million in PEPE amidst the market downturn. Prominent cryptocurrency whales have taken advantage of the ongoing market decline by purchasing significant quantities of the meme coin Pepe (PEPE)resulting in transactions amounting to around $5.56 million. This activity coincides with a general decline in the crypto market. According to Spot On Chain, a platform for on-chain analysis, it has been reported that a well-known crypto whale, known by the wallet address 0xa14, has shown significant activity. The investor has recently pulled out 350.2 billion PEPE, worth $2.93 million, from the cryptocurrency exchange Binance. This latest transaction represents the fourth in a series of trades, resulting in a total estimated profit of $1.63 million, reflecting a 15% increase. Moreover, starting from March 14, 2024, this large investor has withdrawn 1.449 trillion PEPE from Binance at an average price of $0.000007496, with total expenditures estimated at $10.86 million. Binance received deposits of 789.26 billion PEPE, valued at $6.74 million. The investor now has 660 billion PEPE, worth around $5.74 million. They have earned a cumulative profit of $955,000 (+33.6%) with a 100% win rate. Other traders have also been buying PEPE. According to Lookonchain, investor 0xa4F bought 123.66 billion PEPE for $1.09 million. Wallet address 0x895 withdrew 101 billion PEPE worth around $885,000 from Binance. Additionally, 0x24E3 invested $661,000 to purchase 74.5 billion PEPE. These purchases occurred while Bitcoin experienced a 5% decline, dropping from $63,400 to $60,180. Despite market challenges, PEPE has shown resilience and a quick recovery, currently up almost 7% from Friday's low. #Memecoins #binance #altcoins #ETFvsBTC $PEPE
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Elon Musk's Tesla has recently announced the addition of Dogecoin as a payment method, resulting in a 20% surge in the price of DOGE.🚀 Elon musk ,CEO of Tesla and Dogecoin supporter, has reportedly added Dogecoin as a payment option for certain Tesla products. This comes after Musk previously hinted at accepting Dogecoin as an official payment method for his vehicles. The news caused a 20% surge in the DOGE price, reaching $0.16. However, Tesla has not confirmed if Dogecoin will be accepted for purchasing Tesla cars. Tesla's website now offers Dogecoin as a payment option for customers. Elon Musk's electric car company has recently started accepting Dogecoin at Tesla Shops. To make a purchase using Dogecoin, customers can simply look for the Dogecoin symbol on the "order" page of eligible products. The Tesla website's Dogecoin support page was last updated on May 4th, according to the Wayback Machine. Tesla exclusively accepts Dogecoin as payment for all eligible products. All transactions must be made using Dogecoin, as Tesla does not accept any other form of digital currency. It is important to ensure that your purchase is completed using Dogecoin, as Tesla cannot process payments made with any other digital asset. The price of DOGE has surged by over 20% in the last 24 hours, reaching a current trading value of $0.16. During this period, the lowest and highest points were recorded at $0.137 and $0.161 respectively. Additionally, the significant decrease of over 90% in trading volume within the past 24 hours indicates a strong interest from investors. #DOGE #binance #TeslaAcceptsDoge #ElonsMusk
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