Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’
Tornado Cash co-founder Roman Storm has petitioned a judge to drop the criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.
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Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to be spreading wider. While UST has completely depegged from the U.S. dollar, trading at sub $0.1 at the time of writing, other stablecoins…

SEC moves its former top crypto cop Tenreiro to IT office: Report
The Securities and Exchange Commission has reassigned its top litigator to the agency’s computer management office, The Wall Street Journal reports.

Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST stays under $0.60Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the start of 2021.At…

Bitcoin Falls Below $9,000 as Price Teases Trading Corridor Breakdown
Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday. Bitcoin flickers bearishThat corridor had broadly characterized the largest cryptocurrency since the end of October.…

Metaverse exploitation and abuse to rise in 2023: Kaspersky
Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. 548 Total views 3 Total shares Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become a big target next year, according to…

Bitcoin hits $28k as uncertainty surrounds banks
Bitcoin's price surged to surpass the $28,000 zone, marking a 16% boost in value in the past 7-days 1913 Total views 5 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) price surged on March 19 to surpass the $28,000 zone, marking a 16% boost in value in the past…

Blockchains need an interoperable standard to evolve, say crypto execs
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says. 279 Total views 9 Total shares Own this piece of history Collect this article as an NFTBlockchain technology needs a benchmark communications standard that can be easily integrated by every network in order…

Marshall Islands President Faces No Confidence Vote Due to National Crypto Plans
The President of the Republic of the Marshall Islands Hilda Heine faces a vote of no confidence due to her administration’s plans to introduce a national digital currency, Radio New Zealand News (RDZ) reported Nov. 5.The Marshallese parliament initially endorsed the creation of the national digital currency, which would be called the Sovereign (SOV), in…