Tether hires Chainalysis’ chief economist for USDT usage reports

$450 million worth of lost cryptocurrency from the now-defunct cryptocurrency exchange WEX may have been transferred to a fund belonging to Russian intelligence agency the Federal Security Bureau (FSB), according to an investigation by the BBC’s Russian Service published on Nov. 15.The BBC’s recent investigation into the BTC-e crypto exchange case, in which co-founder Alexander…

The latest degen “gold rush" to inscribe everything from profile pictures to memecoins has led to at least half a dozen blockchain networks cracking under pressure over the past week.The last few days have seen Arbirtrum, Avalanche, Cronos, zkSync, and TON all suffering partial or full outages recently due to inscriptions, with modular data availability

Decentralized autonomous organizations (DAOs) are blockchain-based entities that are collectively owned by their members. These organizations have the potential to change the way we think about employment and recruitment in the future. With the rise of remote work and a shift in attitudes towards work, DAOs provide an alternative approach to finding and participating in…

Ethereum’s beacon genesis event is set to take place on Dec 1, with the ETH 2.0 deposit contract reaching more than 94% of its target with just 12 hours to go. 1696 Total views 19 Total shares ETH 2.0’s Phase 0 launch looks all but certain for Dec. 1, with the number of Ether transferred…

Elizabeth Warren outlined her concerns about the cryptocurrency market in a letter addressed to Janet Yellen that was obtained by CNBC. 427 Total views 50 Total shares Senator Elizabeth Warren, a Democrat from Massachusetts, has called on United States Treasury Secretary Janet Yellen and other regulators to develop a “comprehensive and coordinated” framework for addressing…

Plaintiffs accusing BitMEX of market manipulation and racketeering violations will not be able to file their complaint again after being shot down by Judge William Orrick for the second time. A U.S. District Judge has dismissed amended racketeering allegations brought by traders against the parent company of derivatives exchange BitMEX, HDR Global trading, noting that…

Decentralized finance has seen impressive growth throughout 2020. To put this into perspective, a new report from Cointelegraph Consulting shows that the total value locked in DeFi jumped past $6 billion in August while in June, the TVL in DeFi was just over $1 billion, and ultimately stands at $9.4 billion at the time of…

The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark.