Tornado Cash developer guilty of money laundering
Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash. Go to Source
Cryptocurrencies
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Bitcoin price shows strength as investors anticipate return of money printing
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view. Go to Source
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
Adding to the bullish technical formation, Bitcoin’s distribution ‘danger zone’ has officially ended, according to popular analyst Rekt Capital. Go to Source
MoonPay donates to Coinbase’s Stand With Crypto campaign
Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election. Go to Source
Japanese listed firm adds Bitcoin as reserve asset with 117 BTC
Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million. Go to Source
Tether discredits Ripple CEO comments over U.S. scrutiny
Tether has highlighted its compliance efforts after Ripple’s CEO said the U.S. government has its sights set on USDT. Go to Source
El Salvador launches $360M Bitcoin Treasury monitoring website
El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC. Go to Source
279 Crypto Accounts Forfeited to US Government in North Korean Laundering Crackdown
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that finance North Korea’s nuclear and missile initiatives. The decision … Read more
Crypto Exchanges Helping Brazilian Flood Victims
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000 to the “Ajude o Rio Grande do Sul” emergency campaign, channeling funds to non-governmental organizations (NGOs) in the affected areas. Similarly, Bingx is doubling cryptocurrency … Read more
Bitcoin Meal Box: South Korean Convenience Store Chain Partners With Crypto Exchange to Promote BTC
Emart24, South Korea’s fastest-growing convenience store chain, has partnered with cryptocurrency exchange Bithumb to introduce a “bitcoin meal box” in a promotional campaign. Priced at 5,900 Korean won ($4.30) each, the company aims to sell 30,000 bitcoin meal boxes by May 31. Customers purchasing these boxes can receive 10,000 won worth of bitcoin by using … Read more