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Orbit Chain hacker moves $48 million online via Tornado Cash
10.6.2024
The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period. For those who...
Orbit Chain hacker moves $48M to Tornado Cash after months of ‘silence’
10.6.2024
The cross-chain bridge was exploited for $82 million over New Year’s Eve, with the funds sitting dormant since Jan. 1
Binance no longer accepts cash for peer-to-peer transactions in India
4.6.2024
Binance’s services were pursued by the cryptocurrency trading community in India to circumvent the government’s tax on cryptocurrency transactions. The new development occurred at a time when the Indian financial agency approved Binance and Kucoin to function as virtual asset providers...
Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests
3.6.2024
The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed one of the largest stockpiles of campaign cash in U.S. politics
Why Ethereum ETF day one inflow won’t be like Bitcoin — Fireblocks MD
3.6.2024
Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch
Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO
30.5.2024
CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...
Vitalik Buterin wallet contributes 30 ETH to Tornado Cash legal fund
30.5.2024
The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence
New York Stock Exchange to Launch Bitcoin Options Products
30.5.2024
The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.
The post New York Stock Exchange to Launch Bitcoin Options Products appeared first on Cryptonews
Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH
28.5.2024
Based on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache...
South Korea Universities Face Banking Hurdles in Converting Crypto Donations to Cash
28.5.2024
Financial authorities in South Korea are prohibiting universities from opening corporate accounts for coin transactions. This is resulting in their inability to convert cryptocurrency donations provided by certain crypto businesses into cash.
The post South Korea Universities Face Banking Hurdles...
Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens
24.5.2024
The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
22.5.2024
Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any developmental complexity. Wisher, an early adopter...
Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers
21.5.2024
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
Kronos Research hacker moves $3.7M to Tornado Cash after Ethereum price surge
21.5.2024
The transfer occurred after Ether's price rose over 20% during the past day, boosted by a potential U-turn by the United States SEC
Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case
20.5.2024
Judge Sean Lane greenlit Genesis Global's Chapter 11 plan on Friday, allowing the defunct crypto lender to repay creditors roughly $3b in crypto and cash.
The post Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case appeared first on Cryptonews
Tornado Cash verdict has chilling implications for crypto industry
19.5.2024
The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain
Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler’s Digest, May 12-18
18.5.2024
Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
17.5.2024
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...