Criminals Laundered $540M Through RenBridge: Report
Elliptics vice president of policy and regulatory affairs, David Carlisle, has said that he expects regulators to start cracking down on cross-chain bridges in the next six months to a...
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German Crypto Exchange Nuri Files for Insolvency
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s…
Bitcoin Rallies as U.S. Inflation Cools to 8.5%
The decline in inflation following the four-decade record print of 9.1% in June could bode well for risk-on assets like equities and cryptocurrencies. Bitcoin and Ethereum jumped in response to...
Coinbase Execs Face Lawsuit From Shareholder
Crypto exchange Coinbase is facing a derivative lawsuit from a dissatisfied shareholder over its 2021 stock listing. Coinbase Faces Derivative Suit A Coinbase shareholder has filed a suit against the...
Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe…
German Exchange Nuri Files for Insolvency
Nuri, a German crypto exchange previously known as Bitwala, has filed for insolvency due to poor market conditions. Nuri Declares Insolvency Nuri filed for insolvency today, August 9. Unlike some...
Curve Finance Exploited in Ongoing Attack
DeFi protocol Curve is currently being exploited through its front end. Over $573,000 has already been taken by the attacker. Frontend Exploited Curve Finance is being exploited. According to Paradigm...
FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System
FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S.,…
“A Major Policy Issue”: Circle CEO Criticizes Tornado Cash Sanctions
Circle quickly complied with the U.S. Treasurys decision to sanction Tornado Cash, but its CEO is calling on industry leaders to establish a privacy-enabling policy framework. Circle CEO Comments on...
OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset…
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