Tornado Cash Dev Previoulsy Employed by Company With Links to Russia’s FSB: Report
Tornado Cash was added to the US sanctions list by the Office of Foreign Asset Control (OFAC) on August 8. Two days later, Alexey Pertsev, a coder tied to the…
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Bitcoin Volatility Amplifies as Fed Chair Speaks at Jackson Hole
Federal Reserve chairman Jerome Powell spoke about FOMC’s future goals at the annual Jackson Hole symposium on Friday. He said that FOMC’s overarching directive remains to bring inflation back down…
FTX Ventures Will Not Merge With Alameda Research, SBF Says
The CEO of the cryptocurrency exchange FTX – Sam Bankman-Fried – said the venture capital arm of his company (FTX Ventures) will not merge with the principal trading firm Alameda…
Animoca Tightens The Reigns in Japan With $45M Web 3-Focused Funding
Animoca Brands’ Japanese subsidiary, also known as – Animoca Brands KK – has raised $45 million. Its parent company, Animoca Brands Corporation Limited, and MUFG Bank, Ltd. (MUFG) led the…
Short-Term Signs of Worry for Bitcoin as BTC Miners Balance Turns Negative
Bitcoin’s price has failed to overcome the critical resistance level at $25,000 and has since retraced to where it currently trades at $21,500. Since August 15th, the cryptocurrency has lost…
Whales Moving ETH to Exchanges as the Merge Approaches
Ethereum’s transition to a proof-of-stake consensus algorithm is closing in. Yesterday, the Ethereum foundation revealed that the Merge might even take place sooner than previously expected. According to the blog…
SEC Delayes Decision on VanEck’s Latest Bitcoin ETF Application
Global investment manager VanEck has once again been made to wait longer for the U.S. Securities and Exchange Commission (SEC) to decide on the company’s latest Bitcoin exchange-traded product (ETF)…
Coinbase Launches Crypto Policy Education Initiative Ahead of Upcoming Elections
On August 25, Coinbase, America’s leading cryptocurrency exchange, announced the launch of a crypto policy education initiative in the U.S. that will include a voter registration portal based on candidates’…
Thailand’s SCBX Abandons Plans to Acquire Crypto Platfrom Bitkub
SCBX Pcl – formerly known as Siam Commercial Bank – withdrew its intentions to purchase a 51% stake in the crypto asset firm Bitkub for $500 million. The financial institution…
South Korea’s Former Vice Minister of Economy Becomes the CEO of a Blockchain Institute
Yong-beom Kim – First Vice Minister of South Korea’s Ministry of Economy and Finance from 2019 to 2021 – will join the blockchain and digital technology research institute Hashed Open…
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