{"id":4846,"date":"2021-08-16T16:07:07","date_gmt":"2021-08-16T14:07:07","guid":{"rendered":"https:\/\/satt-token.com\/blog\/?p=4846"},"modified":"2022-03-15T10:50:14","modified_gmt":"2022-03-15T09:50:14","slug":"crypto-highlights-week-33-bitcoin-mining-difficulty-jumps-a-second-time-as-miners-settle-offshore","status":"publish","type":"post","link":"https:\/\/satt-token.com\/blog\/archives\/4846","title":{"rendered":"Crypto Highlights Week #33 \u2013 Bitcoin mining difficulty jumps a second time as miners settle offshore"},"content":{"rendered":"<p><strong>Crypto Highlights:<\/strong> <em>Bitcoin Hashrate continues to recover, the U.S to utilize Coinbase forensic tools, Bitcoin breaks $48k briefly: These and more in this week\u2019s Crypto Highlights.&nbsp;<\/em><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_32 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table des mati\u00e8res<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table des mati\u00e8res\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Top_Headlines_Of_The_Week\" title=\"Top Headlines Of The Week\">Top Headlines Of The Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#_Top_Stories_Of_The_Week\" title=\"&nbsp;Top Stories Of The Week\">&nbsp;Top Stories Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Bitcoin_mining_difficulty_jumps_a_second_time_as_miners_settle_offshore\" title=\"Bitcoin mining difficulty jumps a second time as miners settle offshore\">Bitcoin mining difficulty jumps a second time as miners settle offshore<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Poly_Network_Hacker_Returns_Nearly_All_Funds_Refuses_500k_White_Hat_Bounty\" title=\"Poly Network Hacker Returns Nearly All Funds, Refuses $500k White Hat Bounty\">Poly Network Hacker Returns Nearly All Funds, Refuses $500k White Hat Bounty<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#This_Weeks_Market_Sentiment\" title=\"This Week\u2019s Market Sentiment\">This Week\u2019s Market Sentiment<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#BTC_price_passes_47K_worst-case_scenario_as_Bitcoin_realized_cap_hits_all-time_high\" title=\"BTC price passes $47K &#8216;worst-case scenario&#8217; as Bitcoin realized cap hits all-time high\">BTC price passes $47K &#8216;worst-case scenario&#8217; as Bitcoin realized cap hits all-time high<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Mainstream_Adoption_Of_The_Week\" title=\"Mainstream Adoption Of The Week\">Mainstream Adoption Of The Week<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#US_Immigration_and_Customs_Enforcement_plans_to_use_Coinbase_forensics_tools\" title=\"US Immigration and Customs Enforcement plans to use Coinbase forensics tools\">US Immigration and Customs Enforcement plans to use Coinbase forensics tools<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Exclusive_From_SaTT\" title=\"Exclusive From SaTT\">Exclusive From SaTT<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#SaTT_Our_Favorite_YouTubers\" title=\"SaTT, Our Favorite YouTubers\">SaTT, Our Favorite YouTubers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#SaTT_Database_Migration_Rigorous_modifications\" title=\"SaTT Database Migration: Rigorous modifications\">SaTT Database Migration: Rigorous modifications<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/satt-token.com\/blog\/archives\/4846\/#Meme_Of_The_Week\" title=\"Meme Of The Week\">Meme Of The Week<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Top_Headlines_Of_The_Week\"><\/span><b>Top Headlines Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4848\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-1.png\" alt=\"\" width=\"700\" height=\"436\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-1.png 977w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-1-300x187.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-1-768x478.png 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Here are the top picks of this week&#8217;s crypto highlights.<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The mastermind behind the legendary Poly Network hack which is considered to be the biggest DeFi heist has reportedly returned almost all the stolen funds.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Bitcoin Mining Difficulty has continued to normalize after taking a hit following China\u2019s crackdown on miners.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Data shows that US Immigration and Customs Enforcement plans to use Coinbase forensics tools.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"_Top_Stories_Of_The_Week\"><\/span><b>&nbsp;Top Stories Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bitcoin_mining_difficulty_jumps_a_second_time_as_miners_settle_offshore\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-mining-difficulty-jumps-second-time-as-miners-settle-offshore?utm_source=Telegram&amp;utm_medium=social\" target=\"_blank\" rel=\"noopener\"><b><i>Bitcoin mining difficulty jumps a second time as miners settle offshore<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4567\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/Bitcoin-Mining-1000x521-1-1280x720-1-1024x576.jpg\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/Bitcoin-Mining-1000x521-1-1280x720-1-1024x576.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/Bitcoin-Mining-1000x521-1-1280x720-1-300x169.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/Bitcoin-Mining-1000x521-1-1280x720-1-768x432.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/06\/Bitcoin-Mining-1000x521-1-1280x720-1.jpg 1280w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The Bitcoin network&#8217;s mining difficulty plummeted after China declared a <\/span><a href=\"https:\/\/cointelegraph.com\/news\/death-knell-for-chinese-crypto-miners-rigs-on-the-move-after-gov-t-crackdown\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">crackdown<\/span><\/a><span style=\"font-weight: 400;\"> on mining operations, which once accounted for three-quarters of the worldwide hash rate. According to the most recent <\/span><a href=\"https:\/\/btc.com\/btc\/insights-difficulty?chart=difficulty\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> from BTC.com, Bitcoin mining difficulty has been increasing steadily since June 17, 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bitcoin ecosystem has seen a 13.77 percent spike in mining difficulty in two consecutive jumps, surpassing 15 terahashes (TH) for the first time since the second week of June, as Chinese miners slowly settle down in crypto-friendly countries. The next adjustment is set to begin on August 27 and is scheduled to increase the difficulty to 15.63 TH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin&#8217;s mining difficulty peaked at 25 TH before China&#8217;s ban on local miners. The rapid drop in Chinese miners had lowered the level of competition for confirming blocks. Existing miners on the network were able to increase their revenues as a result of this. According to <\/span><a href=\"https:\/\/www.statista.com\/statistics\/1200477\/bitcoin-mining-by-country\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><span style=\"font-weight: 400;\">, China&#8217;s contribution to Bitcoin (BTC) mining has dropped to almost 46%, while the United States has stepped in to fill the void, holding nearly 17% of the worldwide mining hash rate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Quantum Economics crypto specialist Jason Deane <\/span><a href=\"https:\/\/www.cnbc.com\/2021\/08\/12\/bitcoin-mining-becomes-more-difficult-as-algorithm-adjusts.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">stated<\/span><\/a><span style=\"font-weight: 400;\"> in a CNBC piece that the network&#8217;s current difficulty adjustment mechanism had made mining Bitcoin 7.3 percent less economical.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Concluding the discussion, Mike Colyer, CEO of Foundry \u2014 a New York-based digital currency group \u2014 said:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cThere is an enormous amount of machines coming out of China that need to find new homes.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Colyer also believes that the new generation of mining rigs is more efficient and would \u201cdouble the hash power for the same amount of electricity.\u201d<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Poly_Network_Hacker_Returns_Nearly_All_Funds_Refuses_500k_White_Hat_Bounty\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/poly-network-hacker-returns-nearly-all-funds-refuses-500k-white-hat-bounty?utm_source=Telegram&amp;utm_medium=social\" target=\"_blank\" rel=\"noopener\"><b><i>Poly Network Hacker Returns Nearly All Funds, Refuses $500k White Hat Bounty<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4849\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Poly-Network-1024x519.png\" alt=\"\" width=\"700\" height=\"355\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Poly-Network-1024x519.png 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Poly-Network-300x152.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Poly-Network-768x389.png 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Poly-Network.png 1085w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The hacker who stole $610 million from the Poly Network cross-chain decentralized finance (DeFi) protocol has returned virtually all of the funds, claiming their activities were &#8220;white hat activity.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a Thursday update from Poly Network on the incident, all of the $610 million in cash stolen through an exploit that exploited a &#8220;vulnerability between contract calls&#8221; has now been <\/span><a href=\"https:\/\/twitter.com\/PolyNetwork2\/status\/1425870262067548163\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">transferred<\/span><\/a><span style=\"font-weight: 400;\"> to a Multisig wallet held by the project and the hacker. The only remaining tokens are around $33 million in Tether (USDT), which were frozen as soon as the attack was discovered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through encoded messages in Ethereum transactions, the hacker communicated with the Poly Network team and others. They claimed to have done the breach &#8220;for fun&#8221; because &#8220;cross-chain hacking is hot,&#8221; but it appears they had no plans to move the monies after successfully taking them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On Wednesday, however, the hacker <\/span><a href=\"https:\/\/cointelegraph.com\/news\/poly-network-hacker-returns-258m-conducts-ama-on-how-it-went-down\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">refunded<\/span><\/a><span style=\"font-weight: 400;\"> $258 million of the funds after meeting with the project and users. Poly Network ruled that the hacking was &#8220;white hat behavior&#8221; and <\/span><a href=\"https:\/\/etherscan.io\/tx\/0xbd66349e77b8d4e493e3a13ae146557a72e8585650b6ec3a71c402c66e2d3882\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">offered<\/span><\/a><span style=\"font-weight: 400;\"> the hacker, called &#8220;Mr. White Hat,&#8221; a $500,000 reward.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;The poly did offer a bounty, but I have never responded to them. Instead, I will send all of their money back,&#8221; <\/span><a href=\"https:\/\/etherscan.io\/tx\/0x962d0df8f580051bb53e4fa2a2570073a0cd4c5c719c1936e707101e735ceee1\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\"> the hacker.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/cointelegraph.com\/news\/hackers-stole-at-least-600m-in-poly-exploit-across-three-chains\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">biggest hack<\/span><\/a><span style=\"font-weight: 400;\"> in decentralized finance appears to be concluding now that the remaining funds, except the frozen USDT, have been refunded. Though the hacker&#8217;s identity hasn&#8217;t been revealed, Chinese cybersecurity firm SlowMist issued an update shortly after the news of the breach leaked, claiming that its investigators had <\/span><a href=\"https:\/\/www.chainnews.com\/news\/794796710812.htm\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tracked down<\/span><\/a><span style=\"font-weight: 400;\"> the attacker&#8217;s email address, IP address, and device fingerprint.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"This_Weeks_Market_Sentiment\"><\/span><b>This Week\u2019s Market Sentiment<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"BTC_price_passes_47K_worst-case_scenario_as_Bitcoin_realized_cap_hits_all-time_high\"><\/span><a href=\"https:\/\/cointelegraph.com\/news\/btc-price-passes-47k-worst-case-scenario-as-bitcoin-realized-cap-hits-all-time-high?utm_source=Telegram&amp;utm_medium=social\" target=\"_blank\" rel=\"noopener\"><b><i>BTC price passes $47K &#8216;worst-case scenario&#8217; as Bitcoin realized cap hits all-time high<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4029\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/02\/960x0.jpg\" alt=\"\" width=\"700\" height=\"443\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/02\/960x0.jpg 960w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/02\/960x0-300x190.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/02\/960x0-768x486.jpg 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">PlanB, the author of the stock-to-flow family of Bitcoin pricing models, said in a tweet on Aug. 13 that $47,000 should only be the beginning for BTC\/USD. Long-established price models based on the stock-to-flow principle were put to the test following the May miner exodus from China and subsequent BTC price drop.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PlanB himself <\/span><a href=\"https:\/\/cointelegraph.com\/news\/planb-feeling-uneasy-as-41-of-his-followers-tip-100k-btc-won-t-happen-this-year\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">experienced<\/span><\/a><span style=\"font-weight: 400;\"> some trepidation as Bitcoin fell to lows of $29,000. However, he projected that when the dust settled on the mining restructuring, a return to strength would catapult the market far higher.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to him, August, or more particularly the August close, should be $47,000. BTC\/USD should then continue to rise month by month, reaching a &#8220;worst-case scenario&#8221; price of $135,000 by the end of the year.<\/span><\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-posts-third-monthly-red-candle-with-stock-to-flow-price-model-echoing-early-2019\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">PlanB&#8217;s prediction<\/span><\/a><span style=\"font-weight: 400;\"> came true this week, as Bitcoin reached $47,000 after spending several days attempting to break through a massive resistance barrier at that level.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cBitcoin is below $34K, triggered by Elon Musk&#8217;s energy FUD and China&#8217;s mining crackdown. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst-case scenario for 2021 (price\/on-chain based): Aug&gt;47K, Sep&gt;43K, Oct&gt;63K, Nov&gt;98K, Dec&gt;135K\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Bitcoin price AND 200-week moving average AND realized cap .. ALL rising,&#8221; PlanB added.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As Bitcoin price moved higher on Friday, realized cap, a technique of gauging Bitcoin&#8217;s market cap based on the price at which each coin last moved, reached new highs. It is now worth more than $378 billion.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mainstream_Adoption_Of_The_Week\"><\/span><b>Mainstream Adoption Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"US_Immigration_and_Customs_Enforcement_plans_to_use_Coinbase_forensics_tools\"><\/span><a href=\"https:\/\/www.theblockcrypto.com\/linked\/114369\/us-immigration-and-customs-enforcement-plans-to-use-coinbase-forensics-tools\" target=\"_blank\" rel=\"noopener\"><b><i>US Immigration and Customs Enforcement plans to use Coinbase forensics tools<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4851\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/coinbase-1024x576.jpeg\" alt=\"\" width=\"700\" height=\"394\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/coinbase-1024x576.jpeg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/coinbase-300x169.jpeg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/coinbase-768x432.jpeg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/coinbase.jpeg 1280w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">According to public records, US Immigration and Customs Enforcement, a prominent government border security department, wants to use Coinbase&#8217;s &#8220;computer forensics software.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">An August 3 document, which is now available in the SAM.gov database, contains details about the scheduled contract award. Despite its lack of specifics, the notice of impending contract action states:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;The Department of Homeland Security (DHS), U.S. Immigration and Customs Enforcement (ICE), Office of Acquisition Management (OAQ), intends to award a purchase order on a basis other than full and open competition for computer forensic services. In accordance with FAR 13.106-1(b)(1)(i) and (ii), Coinbase, Inc. (DUNS number 081007539) is the only vendor who can reasonably provide the services required by the agency.&#8221;<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;The estimated total dollar value for this requirement is $29,000.00 with an estimated period of performance of one year, to commence on the date of the award. This requirement is LAW ENFORCEMENT SENSITIVE[sic], therefore minimal information will be provided publicly,&#8221; the document later reads.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The existence of the pending deal reflects the growth of Coinbase&#8217;s analytics business line, even though the company \u2014 which does the vast majority of its business in the institutional and retail exchange and brokerage arena \u2014 remains a small player when compared to companies like Chainalysis.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Exclusive_From_SaTT\"><\/span><b>Exclusive From SaTT<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>It was definitely a big week for SaTT. Read all about them in this week&#8217;s crypto highlights.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4844\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng-1024x453.jpg\" alt=\"SaTTOurFavoriteYouTubers\" width=\"700\" height=\"310\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng-1024x453.jpg 1024w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng-300x133.jpg 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng-768x340.jpg 768w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng-1536x680.jpg 1536w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/youtube-eng.jpg 1920w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<h3><span class=\"ez-toc-section\" id=\"SaTT_Our_Favorite_YouTubers\"><\/span><a href=\"https:\/\/satt-token.com\/blog\/2021\/08\/13\/satt-our-favorite-youtubers\/\"><b><i>SaTT, Our Favorite YouTubers<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">SaTT, the advertising cryptocurrency, has selected three YouTubers for you. Indeed, YouTubers are one of our main targets. Our smart contracts, Ethereum and Binance Smart Chain, allow you to farm cryptocurrency with your content. Our DApp will open its doors in version 1.0 very soon. For the occasion, the YouTube oracle that we have chosen to start the opening, before Twitter, Facebook, Instagram, and many others, which we will add as and when future updates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To best inform our French-speaking community on the subject of cryptocurrency, we have selected three YouTubers whom we trust. Check out their videos to teach you more about vocabulary, security, speculation, trading methods, and the technology projects surrounding us. Our selection includes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.youtube.com\/c\/AltcoinDaily\/featured\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Altcoin Daily<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.youtube.com\/channel\/UCT44w6854K62cSiwA1aiXfw\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">VoskCoin<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.youtube.com\/channel\/UCN9Nj4tjXbVTLYWN0EKly_Q\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Crypto Banter<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Our goal at SaTT has always been to educate our community about cryptocurrency. As a result, we&#8217;ve hand-picked these YouTubers to suggest to you. Follow us on social media and we&#8217;ll share their material with you on a regular basis.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"SaTT_Database_Migration_Rigorous_modifications\"><\/span><a href=\"https:\/\/satt-token.com\/blog\/2021\/08\/09\/satt-database-migration-rigorous-modifications\/\"><b><i>SaTT Database Migration: Rigorous modifications<\/i><\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">ATAYEN created the SaTT project to apply its digital marketing expertise to the fast-growing cryptocurrency market. ATAYEN will convert its current clients, train them on how to utilize this cutting-edge tool, and recruit new customers. With over 4,000,000 clients, the ATAYEN projects <\/span><a href=\"https:\/\/iframe-apps.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Iframe Apps<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/automatic-newsletter.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Automatic Newsletter<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.facebook.com\/store.tab\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Facebook Store<\/span><\/a><span style=\"font-weight: 400;\"> have already conquered the online marketing sector.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team used the model from their prior database to test the SaTT and the first test version of the DApp. <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/MySQL\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">MySQL&#8217;s<\/span><\/a><span style=\"font-weight: 400;\"> relational database. This system was working for the initial tests, but it is incompatible with the DApp SaTT&#8217;s available diagram and the move toward Open Source. As a result, a new <\/span><a href=\"https:\/\/en.wikipedia.org\/wiki\/NoSQL\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">NoSQL<\/span><\/a><span style=\"font-weight: 400;\"> database has been implemented, which improves the SaTT database&#8217;s interoperability and harmonization.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So far, the migration has been effective; a few members have experienced unique manipulations to log into their accounts, but they account for less than 1% of our users. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you detect a problem, SaTT technical support remains present on our <\/span><a href=\"https:\/\/www.facebook.com\/SaTT.Token\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Facebook<\/span><\/a> <span style=\"font-weight: 400;\">page and email at <\/span><span style=\"font-weight: 400;\">contact@satt-token.com<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Meme_Of_The_Week\"><\/span><b>Meme Of The Week<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-4847\" src=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-11.png\" alt=\"\" width=\"700\" height=\"499\" title=\"\" srcset=\"https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-11.png 977w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-11-300x214.png 300w, https:\/\/satt-token.com\/blog\/wp-content\/uploads\/2021\/08\/Picture-11-768x548.png 768w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>We hope you enjoyed this week&#8217;s edition of crypto highlights. For a peek at our last edition of crypto highlights &amp; blockchain news, click <a href=\"https:\/\/satt-token.com\/blog\/2021\/08\/03\/crypto-highlights-week-31-everything-from-last-week-you-dont-want-to-miss-2\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Highlights: Bitcoin Hashrate continues to recover, the U.S to utilize Coinbase forensic tools, Bitcoin breaks $48k briefly: These and more in this week\u2019s Crypto Highlights.&nbsp; Top Headlines Of The Week Here are the top picks of this week&#8217;s crypto [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":4913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-4846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-stories"],"_links":{"self":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/4846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/comments?post=4846"}],"version-history":[{"count":2,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/4846\/revisions"}],"predecessor-version":[{"id":10912,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/posts\/4846\/revisions\/10912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media\/4913"}],"wp:attachment":[{"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/media?parent=4846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/categories?post=4846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satt-token.com\/blog\/wp-json\/wp\/v2\/tags?post=4846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}