Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. Go to Source Powered by WPeMatico
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Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis
Chainalysis Crypto Incident Response team helped law enforcement trace stolen funds to cash out points and for their subsequent freeze. Go to Source Powered by WPeMatico
Animoca confirms $110M round led by Temasek, plans new acquisitions
Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto. Go to Source Powered by WPeMatico
Which countries are the worst for crypto taxation? New study lists top five
Crypto analytics firm Coincub has released crypto tax rankings, pointing out the worst and the best countries regarding crypto taxation. Go to Source Powered by WPeMatico
Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’
According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency. Go to Source Powered by WPeMatico
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements. Go to Source Powered by WPeMatico
Binance US launches low-barrier Ethereum staking ahead of The Merge
Users can receive up to 6.0% APY with 0.001 ETH staking minimums, but risks apply. Go to Source Powered by WPeMatico
Number of unique BAYC buyers plunged in August to second-lowest on record
Only 263 unique buyers purchased a piece of the popular NFT collection. Go to Source Powered by WPeMatico
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropped 5.87% under the $19K region, while the second largest crypto asset ethereum shed 8.7%. Gold’s nominal U.S. dollar value per troy ounce slipped by 0.50%, … Read more
ETC Group launches crypto ETP based on PoW Ethereum hard fork
ETC Group will continue to rely on Ethereum’s original PoW consensus for its current Ethereum ETP, the firm announced on Wednesday. Go to Source Powered by WPeMatico