August 16, 2022 Tornado Cash shows that DeFi can’t escape regulation DeFi developers seriously need to consider working with regulators on compliance issues if they want their projects to succeed. The U.S. Treasury’s Office of…
August 16, 2022 Organizations look toward multiparty computation to advance Web3 Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it? Protecting user data and private…
August 16, 2022 Shiba Inu Trends Upwards Through Strong Whale Accumulations This year’s crypto winter has created one of the most devastating effects in the crypto space in history. But there appears to be a…
August 16, 2022 USDT market cap up by $2 billion following Tornado Cash debacle Tether’s market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash. The…
August 16, 2022 Celsius CEO’s alleged trading decisions led to bankruptcy Alex Mashinsky allegedly took control of trading decisions at Celsius, which resulted in a $50 million loss in January, the Financial Times reported. Following…
August 16, 2022 The Ethereum Merge is Coming: Here’s what you need to know Tl;dr: Ethereum is anticipated to move to Proof-of-Stake (PoS) on or around September 15, 2022 making it more secure, less energy-intensive, and better for…
August 16, 2022 Optimism fading? Regulatory discussion on stablecoins postponed until Fall While there is no shortage of legislative initiatives to regulate stablecoins, the idea of the American CBDC remains problematic. Among a rich range of…
August 16, 2022 Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is…
August 16, 2022 DAI stablecoin holders need to be cautious now- Here’s why The U.S. Treasury Department imposed sanctions on virtual currency mixer Tornado Cash. Subsequently, Circle, the issuer of the USD Coin (USDC), froze over 75,000…
August 16, 2022 Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both…