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Federico Carrone, an Ethereum core developer, pledged $500,000 to the Tornado Cash co-founder’s legal fund after being detained in Turkey over alleged links to a privacy protocol. Ethereum core developer Federico Carrone said that he would contribute $500,000 to Roman Storm’s legal fund amid the Tornado Cash co-founder facing a potential retrial in New York….
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, USDC issuer Circle has introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year, an Ethereum developer who…
Paxos has reapplied for a US national trust bank charter after its 2021 conditional approval expired. Paxos Trust Company, the crypto infrastructure company behind PayPal’s PYUSD stablecoin, has filed to convert its New York limited-purpose trust charter into a US national trust bank charter, renewing an effort that expired in 2023. If approved, the federal…
In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud. A federal judge overseeing the case against Do Kwon has scheduled a Tuesday conference at which the Terraform Labs co-founder “may enter a change of plea.” In a Monday filing in the US…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, World Mobile launches drone-based network to provide 5G service, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.” Meanwhile,…
Despite Trump’s pro-crypto stance, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.” Crypto firms have been facing account closures and denials of banking services for years under the label of de-risking. Many in the crypto industry believe that the debanking represents a policy-driven effort to suppress digital assets, referred…
TRM Labs says the Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure. A relatively new ransomware group known as Embargo has become a key player in the cybercrime underground, moving over $34 million in crypto-linked ransom payments since April 2024. Operating under a ransomware-as-a-service…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bo Hines, director of White House Crypto Council steps down and Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to…
Hines said he is leaving the crypto advisory group to rejoin the private sector but will continue to support the cryptocurrency industry. Bo Hines, the executive director for the White House Crypto Council, announced he is stepping down on Saturday. Hines said he is stepping down to rejoin the private sector and thanked the crypto…
The new law will allow investment banks, which can underwrite companies, issue securities, and are institutionally focused, to hold BTC. Regulated Bitcoin (BTC) investment banks are coming to El Salvador, following Thursday’s approval of El Salvador’s Investment Banking Law, which classifies investment banks under different regulations than commercial banks. Investment banks will now be allowed…