The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools.

Blockchain Association files support in suit to lift Tornado Cash sanctions

The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury’s Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer ...

9 months ago

Validator service provider InfStones disagreed and told Cointelegraph that “nothing close to $1 billion in assets would be at risk,” even in the worst-case scenario.

Security firm dWallet Labs flags validator vulnerability that could affect $1B in crypto

Blockchain security firm dWallet Labs recently disclosed a vulnerability that it claims could affect up to $1 billion worth of crypto, with assets such as Ether ETH $2,015 Aptos&n...

9 months ago

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only be able...

9 months ago

Polymarket Traders Betting on Sam Altman's Fate Have Become Bipolar

Betters on decentralized prediction platform Polymarket really aren't sure if Sam Altman will be coming back as OpenAI's chief executive amidst ongoing corporate drama. On Poly...

9 months ago

Chinese Police Bust Massive Crypto Money Laundering Gang

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million...

9 months ago

Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator.

US SEC sues Kraken crypto exchange over failure to register

The lawsuit in San Francisco federal court is the latest step in SEC Chair Gary Gensler's push to bring cryptocurrency under his agency's purview, by contending that digital assets are i...

9 months ago

Cryptocurrency exchange Bullish said on Monday it has acquired crypto news website CoinDesk from Barry Silbert's Digital Currency Group (DCG).

Crypto exchange Bullish buys news website CoinDesk

Financial terms of the deal, which was first reported by the Wall Street Journal, weren't disclosed. CoinDesk, which was launched in 2013 and bought by DCG three years later, will ...

9 months ago

The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises.

Canada flags concern on AI-generated deepfake disinformation campaigns

The Canadian Security Intelligence Service — Canada’s primary national intelligence agency — raised concerns about the disinformation campaigns conducted across the internet us...

10 months ago

Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections.

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart. “This just means WisdomTree is still plann...

10 months ago

Aave has announced its rebranding to Avara and the acquisition of Los Feliz Engineering, a Los Angeles-based web3 startup.

Aave Rebrands to Avara, Announces Latest Acquisition in Web3

Los Feliz Engineering, the acquired startup, is recognized for its development of the self-custody Ethereum wallet Family and the developer library ConnectKit. This acquisition brings Family and...

10 months ago