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Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash – Bitcoin News

Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later,

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Coinbase hit with 2 fresh lawsuits amid SEC probe

Coinbase is now facing increased scrutiny from regulators, with the company now becoming the target of multiple lawsuits. The San Francisco-based cryptocurrency exchange, which is presently being investigated by the United States Securities and Exchanges Commission (SEC), now faces two additional legal claims from two law firms.On Thursday, New York-based

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Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and not the underlying blockchain technology, says Kraken Australia’s managing director Jonathon Miller. Speaking with Cointelegraph, the Australian crypto exchange head argued that sectors such as Ethereum-based decentralized finance

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Cardano Vasil hard fork hit with another delay for several weeks

After failing to go live last month, the Cardano (ADA) Vasil hard fork is delayed again as teams behind the Cardano blockchain development target a smooth network upgrade.Input Output Global (IOG), the organization responsible for Cardano’s research and development, released a YouTube update on Thursday on the upcoming Vasil hard fork.IOG

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