🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
AMLBot Report: Tether's USDT freezing mechanism has a "Money Laundering loophole"
According to Decrypt, the blockchain forensics company AMLBot reported that Tether's USDT freeze mechanism has a "money laundering loophole" due to latency between freeze requests and execution caused by multi-signature contracts. Since 2017, malicious actors have withdrawn over 78 million USD in funds on Ethereum and Tron, with losses of 49.6 million USD on Tron and 28.5 million USD on Ethereum. The report states that 4.88% of blacklisted wallets completed 2-3 transactions taking advantage of the latency. PeckShield confirmed the existence of the loophole and suggested that Tether bundle freeze requests with signatures into a single transaction to eliminate the time window. Tether has not yet responded to requests for comment.