Sunday, November 17, 2024
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Tornado Cash Devs Arrested on Money Laundering, Sanctions Violation Grounds Over Alleged $1B Moved

"While publicly claiming to offer a technically sophisticated privacy service, Storm and Semenov in fact knew that they were helping hackers and fraudsters conceal the fruits of their crimes. Today’s indictment is a reminder that money laundering through cryptocurrency transactions violates the law, and those who engage in such laundering

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Ethereum Wallet Dormant For 8 Years Awakens, Here Is Why It Moved $1.2 Million In ETH

The Ethereum ecosystem has continued to see fascinating developments in the past weeks. Among the most notable is the sudden movement from a participant in Ethereum’s initial coin offering (ICO), who, after a roughly eight-year slumber, has sprung into action due to a reason. The Ethereum ICO participant, whose address remained

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Buying the dip? Record 3.8% of the Bitcoin supply last moved at $30.2K

Bitcoin (BTC) at $30,000 is the most popular “buy” level ever, the latest on-chain data suggests.According to figures from crypto analytics firm Glassnode, a record amount of BTC changed hands near current spot price.Bitcoin: "Big move coming" thanks to buyer interestBTC price action may have stalled near the $30,000 mark,

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How SEC chair Gary Gensler moved from crypto advisor to antagonist

From earlier, seemingly crypto-supportive stances to his current hardline approach, Gary Gensler’s journey traverses his dynamic narratives, confrontations with crypto giants, and the rumors that abound, offering a unique perspective. Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of

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Tether boasts of its financial stability after strong profits, money moved out of banks

Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported in a post touting its latest attestation by BDO Italia. Tether’s market capitalization grew from $66 billion to over $82 billion in the first

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