ARG Token Value Soars as Argentina Advances to Copa America Final
Argentina’s advance to the Copa America finals has almost doubled the market value of the country’s fan token, ARG. The token’s price has increased by over 65% in the last…
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SEC Drops Investigation Into Paxos For BUSD Stablecoin
Paxos – the blockchain infrastructure platform behind the Binance USD (BUSD) stablecoin – announced on Thursday that regulators have forfeited their investigation into the firm concerning its dollar-pegged tokens. The…
Rising Sophistication in Crypto-Native Money Laundering: Chainalysis Weighs on Wallet Hops
With cybercriminals increasingly leveraging mixers, cross-chain bridges, and hops between intermediary wallets to obscure the origin and movement of their funds, crypto-native money laundering is getting sophisticated. The industry has…
Elwood Technologies’ Large ETH Transfers Raise Questions Amid Acquisition Talks
On July 11, the on-chain analytics platform Lookonchain identified a large deposit and withdrawal of ETH from Elwood Technologies to and from Binance. The Elwood-linked address deposited 26,811 ETH worth…
DeFi Pioneer Compound Finance Falls Victim to Domain Hijacking
On July 11, blockchain security firm PeckShield reported that the website of Compound Finance (compound[.]finance) had been compromised. “Do not interact with the website until further notice,” it warned. The…
Crypto Exchange BitMEX Pleads Guilty to Violating Bank Secrecy Act
On Wednesday, the U.S. Department of Justice (DOJ) announced that BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA). According to newly published court documents, the exchange failed…
Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair
Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities,…
CertiK Flags Nearly $1M Transfer to Tornado Cash from CoinStats Exploit
Wallets linked to the CoinStats exploiter recently moved almost $1 million in Ether into the controversial crypto mixing protocol Tornado Cash. The latest development comes less than a week after…
Ethereum Hitting New Records: 47.36 Million ETH Stake in the ETH2 Beacon Deposit Contract
Ethereum 2.0 staking has seen significant growth, and a major milestone has been reached. As such, the deposit contract for staking Ethereum on the Beacon Chain reached an all-time high…
Big Bank Crypto Move: Standard Chartered Subsidiary Seeks to Expand OTC Services
The investment bank’s crypto division, Zodia Markets Ltd., is discussing acquiring part of Elwood Capital Management Ltd. The firm is backed by billionaire hedge fund manager Alan Howard, and the…
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