China Includes Digital Yuan in Cash Circulation Data for First Time
The People's Bank of China included e-CNY, the country's digital currency, in calculations of the amount of currency in circulation for the first time. Source
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Cash
FTX has recovered over $5B in cash and liquid crypto: Report
According to FTX attorney Andy Dietderich, the troubled cryptocurrency exchange has "recovered $5 billion in cash and liquid cryptocurrencies." However, the exchange is still "working to rebuild transaction history," and the total amount of customer shortfall is "still unclear." Speaking to a U.S. bankruptcy judge in Delaware on Wednesday, Dietderich
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Sanctions Reduce Total Inflow of Tornado Cash by 68%
In the most recent report, Chainalysis research suggested that the illegal use of Tornado Cash was essentially associated with crypto hacks and scams, with an approximate average of thirty-four percent of all inflows.Tornado Cash, an open-source, decentralized cryptocurrency tumbler, which was recently in news for its conjectured role in the
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Morgan Stanley Eyes Bitcoin Market via GBTC and Cash Settled Futures on Its European Fund
Morgan Stanley warned that the value of GBTC may drop ‘precipitously’ to zero due to regulatory changes, a crisis of confidence, a flaw, or an operational issue in the Bitcoin network.Morgan Stanley (NYSE: MS) has announced that its European Fund has set aside cash to invest in the Bitcoin market.
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Exploited Nomad Bridge Wallet Transfers $1.5M to Tornado Cash
As the team behind Nomad Bridge works on relaunching the platform, a fresh movement of 1200 ETH has been noticed from one of the wallet addresses linked to the hack.A wallet address belonging to Nomad Bridge, which faced a $190 million exploit last week, has recently moved a total of
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Nomad exploit wallet address transfers $1.5M to Tornado Cash
An address related to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto mixer Tornado Cash. In an alert, blockchain security firm CertiK flagged that a wallet address affiliated with the Nomad hack has transferred 1,200 ETH into Tornado Cash, suggesting that the attackers may
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Nigeria to Stop Cash Withdrawals From Government Accounts – Economics Bitcoin News
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have to obtain a waiver from the Nigerian Presidency. Government
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Bitcoin Cash Closes 2022 With A Year-Low
It is no surprise for Bitcoin Cash to perform this poorly when the entire crypto market fell deeper in the bear market due to various negative factors, including the much-publicized collapse of crypto exchange FTX. According to CoinGecko, the token is down a further 1.4% in the past 24 hours.
Read MoreHC Ventures Spends $2 Million to Build Lightening Cash
Lightening Cash is using cutting-edge technology to solve important problems and to help people generate profits in DeFi.Vietnamese hedge fund HC Ventures has announced that they are spending $2 million to build Lightening Cash, an exciting privacy protocol built for DeFi transactions, on Binance SmartChain. Ryan Nguyen, HC Ventures CEO,
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