US lawmakers demand Treasury answer what it's doing about Tornado Cash

Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.SAND rose 10.23% to $3.38 at the UTC close on Jan.27, followed by another 5.42% spike to $3.57 on…

In the space of 12 months, DeFi has become a $15 billion industry — spawning governance tokens that are now worth even more than Bitcoin.But the rapid explosion of protocols has brought considerable growing pains… and concerns that the sector is not on a sustainable footing. When interest rates in conventional savings accounts stand at…

Over 4,567,000 merchants across the country now accept the e-CNY as payment. According to China's state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People's Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23.…

The Economic Policy Symposium hosted annually by the Federal Reserve Bank of Kansas City — an event attended by finance ministers, central bank managers and academics, among others — was held virtually due to COVID-19 concerns this year, and there was little virtual about the announcement. The U.S. dollar would be fed to the wolves.A…

Alexander Vinnik, the Russian national accused of laundering 300K Bitcoin through crypto exchange BTC-e, may now face trial in France. Also awaiting charges in the United States and Russia, suspected Bitcoin money launderer Alexander Vinnik could be facing a trial in France first.According to news agency Agence France-Presse (AFP), a Paris judge has ordered the…

ETFs tracking crypto companies have seen significant drawdowns over the year as a result of major macroeconomic headwinds. Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTCryptocurrency-related Exchange Traded Funds (ETFs) have taken the two top spots for the worst-performing ETFs in Australia for the year, with the same story playing out in the…

The financial regulator of Italy has barred a cryptocurrency-related project from operations for the provision of allegedly unauthorized investment services, according to an official statement published Dec. 14.Founded in 1974, the Italian National Commission for Companies and the Stock Exchange — or Commissione Nazionale per le Società e la Borsa (CONSOB) — is the government…

We are in an unprecedented period of social, political and economic turmoil. As the decentralized financial infrastructure powering billions of dollars of value and building thousands of companies grows, we need to recognize instability around us. The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation.Ethereum 2.0’s…