Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal

Payment processor PayPal has sparked fresh concerns that it has cold feet about joining Facebook’s Libra digital currency.Libra “Pre-work” is not enough for PayPalAs news agency Financial Times reported on Oct. 3, PayPal did not attend a meeting of 28 Libra backers on Thursday.The developments come on the back of existing rumors that up to…

ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities. 508 Total views 19 Total shares The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset…

As the crypto space gets all worked up by the impending launch of Bitcoin exchange-traded funds, industry leaders are taking it upon themselves to sketch out the designs of future regulatory regimes. 399 Total views 4 Total shares Between fever-pitch anticipation over the impending approval of a Bitcoin exchange-traded fund, the Commodity Futures Trading Commission’s…

The New York Attorney General (NYAG) Letitia James announced the conviction of Shopin founder Eran Eyal for orchestrating a fraudulent initial coin offering (ICO) following his guilty plea.As the NYAG announced on Dec. 12, the former CEO of Shopin pleaded guilty to felony charges for running a fraudulent initial coin offering that raised more than…

ApeCoin's (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern.APE price "bull pennant" breakout underwayOn April 13, APE's price broke above the upper trendline of what appears to be a "bull pennant" chart pattern.Bull pennants appear when the price consolidates…

According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade.

Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar from its seat of prominence, according to chief economist International Monetary Fund (IMF) Gita Gopinath.“Improvements in payment technology may have lowered the cost of switching from cash to digital payments, but there is little evidence they…