Ethereum's DenCun upgrade leads to inflationary trend, challenging its previous deflationary narrative. Decreased burning rate and increased supply post-upgrade indicate shifting economic dynamics, prompting reassessment of Ethereum's role as "Ultrasound money."
Huang BoEthereum whale profits from year-long investment, making strategic moves amid market fluctuations, capitalizing on short-term gains.
Xu LinSEC delays verdict on Galaxy Invesco's Ethereum ETF proposal, affecting other applicants. Analysts split on approval chances.
Huang BoA cybercriminal behind the embezzlement of $7.4 million from Hundred Finance reappears, moving approximately $800,000 worth of assets to launder or utilise the stolen funds. Despite a recent decline in crypto scams and hacking incidents, challenges persist in securing cryptocurrency platforms and preventing financial crime.
WeatherlyHong Kong's Bitcoin and Ether ETFs launch saw a modest trading volume, indicating cautious investor sentiment amid regulatory concerns and market volatility. Despite the muted response, increased trading volume suggests growing interest, hinting at potential future market impact.
WeatherlyHong Kong is launching Asia's first spot Bitcoin and Ether ETFs, potentially establishing itself as a crypto hub in the region, though mainland Chinese investors are currently restricted. The move could trigger a ripple effect across Asia, encouraging other regulators to explore similar initiatives, potentially reshaping the regional crypto investment landscape.
WeatherlyHong Kong's approval of bitcoin and ether ETFs signals its growing role in cryptocurrency innovation, contrasting with China's stricter stance. While this move promises investment opportunities and financial growth, it also poses risks due to cryptocurrency volatility and regulatory uncertainties.
AnaisDonald Trump sees a noteworthy downturn in his cryptocurrency investments with his current crypto holdings valued at $5.3 million —a loss close to $3 million.
CatherineThe individual in question used illicitly obtained funds to acquire DeGods #2921 and y00t #10991.
KikyoDespite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
CatherineTornado Cash’s co-founder, Roman Storm, is challenging accusations made by US authorities, asserting that the service is not intended for facilitating money laundering.
CatherineAn Arbitrum spokesperson confirmed that the proposal to fund the legal defense of Tornado Cash developers was removed at the request of the author.
JinseFinanceLegal defense fund initiated for Tornado Cash developers Roman Storm and Alexey Pertsev, facing U.S. charges. Community-driven efforts aim to raise funds and influence regulatory decisions on coin mixers' legitimacy.
Xu LinTornado Cash’s Roman Storm has entered a plea of not guilty in response to the array of charges lodged against him that encompass allegations of money laundering and more.
KikyoOne of the founders has been arrested, while the other one remains at large.
ClementTether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.
CointelegraphGithub, Circle, dYdX, Alchemy, and Infura... All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions.
CointelegraphThe Dutch Fiscal Information and Investigation Service doesn't rule out multiple arrests in its ongoing criminal investigation against the crypto mixer Tornado Cash.
CointelegraphPer a press release, the U.S. Department of the Treasury announced sanctions against Tornado Cash, a decentralized exchange (DEX). The ...
BitcoinistThe protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group.
Cointelegraph