Tornado Cash creators deny laundering $1b for North Korea hackers

United States prosecutors have leveled charges against Tornado Cash co-founders Roman Storm, Roman Semenov, and Alexey Pertsev, for their involvement in allowing criminals launder millions of dollars worth of stolen crypto.

Tornado Cash creators deny laundering $1b for North Korea hackers

Roman Storm, a co-founder of the decentralized crypto mixing protocol Tornado Cash, has entered a plea of not guilty to charges of money laundering and conspiracy. These charges allege...

1 year ago

Google makes update to crypto policy regarding NFTs

Google update related to NFTs

Google makes update to crypto policy regarding NFTs

Google says that since Sept. 15, advertisers promoting gambling-related content will not be allowed to advertise these products or services. As part of the change log, Google shar...

1 year ago

Ethereum Programming Language Vyper New Version Released v0.3.10

New programming language for Ethereum

Ethereum Programming Language Vyper New Version Released v0.3.10

Breaking changes: Add runtime code layout to initcode. Drop evm versions through istanbul. Remove vyper signature from runtime. Non-brea...

1 year ago

Change to US accounting rules will be a boon to companies holding crypto in 2025

The Financial Accounting Standards Board has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.

Change to US accounting rules will be a boon to companies holding crypto in 2025

The United States Financial Accounting Standards Board has unanimously approved rules for accounting for the fair value of companies’ cryptocurrency holdings, according to media reports. T...

1 year ago

US-based Genesis Global Trading will eliminate its crypto spot trading service

The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”

US-based Genesis Global Trading will eliminate its crypto spot trading service

Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was ...

1 year ago

Marathon’s Bitcoin mining rate fell 9% in August

The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July.

Marathon’s Bitcoin mining rate fell 9% in August

United States-based crypto mining operator Marathon Digital Holdings produced 1,072 Bitcoin in August — 9% less than in July but five times more than in August 2022. On Sept...

1 year ago

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people have crypto investments. A new report shows how many crypto millionaires and billionaires exist.

There are just six bitcoin billionaires in the world, new crypto super-rich report says

Hundreds of millions of people around the world have some form of crypto holdings, whether that is in bitcoin or one of the many other digital currencies. To be exact, 425 mi...

1 year ago

Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion

“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale’s lawyers wrote to the regulator.

Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion

Grayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the asset manager’s flagship Bitcoin  BTC 

1 year ago

Ethereum Price Shows Signs of Life But Lacks Momentum Above $1,650

Ethereum price is attempting a recovery wave above $1,620 against the US Dollar. ETH must settle above $1,650 to start a decent increase.

Ethereum Price Shows Signs of Life But Lacks Momentum Above $1,650

Ethereum is slowly moving higher from the $1,600 support zone. The price is trading near $1,630 and the 100-hourly Simple Moving Average. There was a break above tw...

1 year ago

Visa’s crypto stablecoin settlement expands to Solana

Payment giant now uses the Solana blockchain as part of USDC-focused pilots with merchant acquirers Worldpay and Nuvei

Visa’s crypto stablecoin settlement expands to Solana

Visa is now allowing its partners to send or receive USDC settlement payments via the Solana blockchain as it has begun working with new merchant banks, the company revealed Tuesday.  ...

1 year ago

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