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Urgent Privacy Warning from Edward Snowden to the Bitcoin Community! *Edward Snowden, famous whistleblower, issued an urgent warning to the Bitcoin community about privacy at the protocol level *This warning came after Wasabi Wallet announced that it would stop its coordination service in June 2024, and this decision raised significant concerns in the crypto space *Snowden continues his long-standing defense of advanced privacy features in Bitcoin's underlying infrastructure Edward Snowden is issuing an urgent warning to the Bitcoin community about protocol-level privacy following Wasabi Wallet's decision to discontinue its coordination service Famous whistleblower Edward Snowden, who revealed mass surveillance programs, issued an important warning to the Bitcoin community. He argues that addressing privacy at the protocol level is running out of time. This warning is in response to Wasabi Wallet, a leading player in Bitcoin privacy solutions, announcing that it will discontinue its coordination service as of June 1, 2024 This decision, attributed to the company zkSNACKs, caused great concern in the crypto space. This decision affects people using other wallet clients connected to the zkSNACKs coordinator, these wallets include Trezor Suite and BTCPayServer. Despite the termination of the Coinjoin coordination service, Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features Snowden expressed genuine sadness upon hearing this news and suggested that Wasabi Wallet might explore options for implementing a decentralized coordinator or alternative configurations to maintain privacy protections. He emphasized the importance of urgently integrating protocol-level privacy measures into the Bitcoin protocol and has advocated for this critical development for years. The well-known privacy advocate has long been a vocal advocate for increasing privacy in cryptocurrencies. Snowden has emphasized over the years the need to integrate advanced privacy features into Bitcoin's underlying infrastructure to protect users' financial sovereignty.

Urgent Privacy Warning from Edward Snowden to the Bitcoin Community!

*Edward Snowden, famous whistleblower, issued an urgent warning to the Bitcoin community about privacy at the protocol level

*This warning came after Wasabi Wallet announced that it would stop its coordination service in June 2024, and this decision raised significant concerns in the crypto space

*Snowden continues his long-standing defense of advanced privacy features in Bitcoin's underlying infrastructure

Edward Snowden is issuing an urgent warning to the Bitcoin community about protocol-level privacy following Wasabi Wallet's decision to discontinue its coordination service

Famous whistleblower Edward Snowden, who revealed mass surveillance programs, issued an important warning to the Bitcoin community. He argues that addressing privacy at the protocol level is running out of time. This warning is in response to Wasabi Wallet, a leading player in Bitcoin privacy solutions, announcing that it will discontinue its coordination service as of June 1, 2024

This decision, attributed to the company zkSNACKs, caused great concern in the crypto space. This decision affects people using other wallet clients connected to the zkSNACKs coordinator, these wallets include Trezor Suite and BTCPayServer. Despite the termination of the Coinjoin coordination service, Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features

Snowden expressed genuine sadness upon hearing this news and suggested that Wasabi Wallet might explore options for implementing a decentralized coordinator or alternative configurations to maintain privacy protections. He emphasized the importance of urgently integrating protocol-level privacy measures into the Bitcoin protocol and has advocated for this critical development for years.

The well-known privacy advocate has long been a vocal advocate for increasing privacy in cryptocurrencies. Snowden has emphasized over the years the need to integrate advanced privacy features into Bitcoin's underlying infrastructure to protect users' financial sovereignty.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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Famous crypto analyst gave his May target for Bitcoin! Bitcoin, which has relaxed into a critical area with the increase in sell-side transactions, surprised everyone with the comments of experts. Bitcoin, which has relaxed into a critical area with the increase in sell-side transactions, surprised everyone with the comments of experts. However, one prominent analyst thinks that the asset has the potential to rise to $70,000 this month, a price it has not seen since April 12. On May 8, Adrian Zduńczyk, also known as “crypto_birb,” expressed his potential target for Bitcoin price in May to his 652,000 X followers. Additionally, the 200-day moving average broke above $50,000, an all-time high this week. Observing this, Bitcoin pioneer Anthony Pompliano said: “Don't fall asleep with Bitcoin moving sideways. “The long-term thesis is as strong as ever.” Zduńczyk added that the technical indicator now has a support level at this price. He said market sentiment is still in the “greed” phase and mining costs have stagnated, according to the Fear and Greed Index. Average gains in previous market cycles were around 15 percent in May. He concluded that opening the month at $60,600 meant his end-of-month forecast target was around $70,000. Another analyst, “Crypto Caesar”, stated that there is an arguable case for Bitcoin forming a major cup and handle pattern on the weekly time frame. “If Bitcoin starts trending above ATH this summer, I expect a strong upward move and potentially a shorter cycle,” he said. Earlier this week, Bitfinex reported that some onchain indicators suggest that short-term holders' selling pressure may be easing. Additionally, former BitMEX CEO Arthur Hayes said that markets will remain between $60,000 and $70,000 until August, when #BTC reaches $56,800. $BTC $ETH $BNB
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Double-Digit Rise of Altcoins Also Ignited Bullish Predictions. The rise came after a resurgence in market forces led to an increase in market capitalization. Bitcoin's market cap is $1.2 trillion, while crypto assets reached $2.34 trillion after posting weekly gains. Double-digit inflows for most assets in the market followed the Fed meeting, which did not affect interest rates. Crypto users are predicting the beginning of a bull run in social media spaces, especially memecoins. However, some users still need to be convinced by recent altcoin flows due to periods of volatility. Solana (SOL) is up 20.6% this week after a period of poor results. The altcoin continued its gains by trading at $155 in the last 24 hours. Solana has made a name for itself lately by outperforming the market in bull runs based on various factors, including memecoin activity. Solana memecoins are also posting similar numbers in the market. Some assets are rising above 50% after weeks of outflows. SOL pared its monthly losses to 15% as bulls predicted a broader market run. Near, on the other hand, increased by 1.6% today and increased by 21.57% in total this week. Asset daily volumes rose 8% to over 590 million after the price surge to $7.49. Weekly gains above 20% sparked short-term trading, indicating improving macroeconomic factors. This rally can also be seen in crypto stocks, although most remain at single-digit gains. Other altcoins also led to a rally in the market leading to weekly predictions. Ripple (XRP) increased by 7.59%, while Cardano (ADA) and Avalanche (AVAX) increased by 3.37% and 4.17%, respectively. Memecoins recorded the biggest gains this week as expected due to inflows inspired by the high volatility craze. The leading memecoins of the last 24 hours are Bird Dog with an 83% gain, and FindMe and WSB Coin with 16.6% and 61% inflows respectively. $BTC $ETH $BNB
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