Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash
The transfer involving the NomadBridge exploiter and Tornado Cash highlight the ongoing battle between privacy and regulation in the cryptocurrency industry. Go to Source
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Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain. Go to Source
Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’
Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” … Read more
Rain exchange attacker address starts laundering ETH through Tornado Cash
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures. Go to Source
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability. Go to Source
Lido launches institutional-grade liquidity staking solution
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers. Go to Source
Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust
The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting for approximately 50% of the total value locked, or … Read more
OpenEden launches tokenized T-Bills on XRP Ledger
Ripple invests $10 million in OpenEden’s tokenized T-bills initiative, marking a significant TradFi advancement on the XRPL. Go to Source
DeFi is ‘waking up again’ — Active loans return to 2022 levels
DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows. Go to Source
Wemix.fi suspends lending amid stablecoin liquidation issues
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from. Go to Source
