Weekly Crypto Market News / 16 – 22 January
- Is the bull market back again?
Cryptanalyst PlanB found another confirmation of the return of the bull market. One of his BTC price patterns has indeed started a reversal.
Read more: @100trillionUSD on Twitter
- Over the weekend, 50% of Cardano nodes went offline for a while.
The developers announced a strange anomaly in the blockchain, which led to a failure. Now everything is working fine. An anomaly apparently caused around half of Cardano’s nodes to disconnect and restart over the weekend, with the root cause still under investigation.
Read more: Cardano recovers from an outage on 50% relay and block-producing nodes
- Privacy problem solved
Vitalik Buterin presented the concept of anonymous addresses to solve the privacy problem. He believes that this is the last unsolved problem of Ethereum. It seems like a few dollars of transaction fees satisfy him completely.
Read more: Vitalik Buterin divulges the ‘largest remaining challenge’ for Ethereum
- MiCA is in progress
The European Union’s landmark crypto regulation, Markets in Crypto Assets (MiCA), won’t see a final vote in the European Parliament until April, stalling the process for the new rules to be enforced. The delay is “technical” and most likely caused by issues in translating the almost 400-page file into the 24 official languages of the bloc, an EU Parliament spokesperson told to The Block.
Read more: EU’s final vote on MiCA regulation postponed until April
- MetaMask adds ETH staking feature
Read more: Official @MetaMask on Twitter
- The US authorities hacked the Bitzlato exchange and confiscated their assets
The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested on the night of January 17 in Miami for his alleged operation of a money-transmitting business that transported and transmitted illicit funds and that failed to meet U.S. regulatory safeguards, including anti-money laundering requirements.
Read more: Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds