The Currency Analytics
By Steven Anderson
Bitfinex and MDOGE
Reportedly, about 39 ETH addresses which had more than 7.9 million USDT were blacklisted. Bitfinex, the Tether operator did this under the influence of law enforcement.
These blacklisted addresses will not be able to send or receive funds as they are frozen. If they are honoring requests from law enforcement then it is no safe than keeping…
Sydney Ifergan, the crypto expert tweeted: “Whether for precautionary action or for law enforcement if exchanges are able to lock digits assets whether Tether (USDT) or any…
If anyone is able to understand the Paolo Ardoino which reads: Random crypto influencer or DeFi project: "centralised stablecoin are bad. They can freeze addresses.
One of the commentators in turn replied, so freezing addresses is not big of a deal to you? Don't we have enough banks already with total control of our funds?
Increasing numbers of afraid that freezing will be abused by government. One of the investors felt like it will not be good if he holds a 500K which is hard earned in USDT…
Bitfinex does not seem to give out big news about frozen account and they neither seem to be concerned. They are continuing with their regular business.
Recently Paolo Ardoino tweeted: “Privacy starts from the hardware. We need open source devices, especially Linux based mobile phones.
Frozen accounts apart, for those who continue to be trading should be excited to know that Dogecoin is landing on Bitfinex as MDOGE (MegaDogecoin) is providing for a conversion…
Paolo also has been discussing about how there will be a majority transition of traffic to layer-2.