The latest Bitcoin, DeFi, NFTs and web3 news from CryptoSlate.
TRM Labs confirms “Tornado Cash is different” in response to OFAC sanctions – SlateCast #19
The Head of Legal of blockchain intelligence company TRM Labs talked to CryptoSlate about what TRM is doing to be the "anti-money laundering for crypto."
Galaxy Digital pulled out of the $1.2B merger because it could not afford it, says BitGo
BitGo claim it had submitted a comprehensive financial statement as requested, hence the blame game played by Galaxy was a subtle way to cover for its illiquidity to complete the merger transaction.
Research: State of Ethereum derivatives market post-Merge
Analysis of derivatives traders' behavior showed short-term speculation is over, but investors are still willing to go long even though Ethereum is down 20% over the past week.
Congress wants to be notified of all crypto rewards payments by DOS
The U.S. wants to understand how crypto is impacting sanctions enforcement and take strong measures to prevent evasion.
MicroStrategy buys additional 301 Bitcoin for $6M
MicroStrategy now holds approximately 130,000 BTC that were purchased for roughly $3.8 billion.
Nasdaq to offer crypto custody for institutional investors
The Nasdaq Digital Assets unit will be headed by Gemini's former prime broker services lead and offer custody services for Bitcoin and Ethereum.
Ethereum developer confirms Shanghai upgrade will not unlock staked tokens
The Ethereum website incorrectly states staking withdrawal functionality will be enabled in the Shanghai upgrade, leaving depositors in limbo.
Vitalik Buterin argues that highly decentralized DAOs will be more efficient than corporations
For DAOs to be more efficient, Vitalik said they need to remain highly decentralized while incorporating elements of political science and corporate governance.
Ethereum vanity address exploit may be cause of Wintermute hack
It may take less than 2 months to brute force hack an Ethereum vanity address using a GPU mining rig.
Experts argue SEC cannot claim jurisdiction over Ethereum transactions
The SEC's jurisdiction claim sets a dangerous precedence for the crypto industry as assets whose nodes are densely clustered in the US could face this overreach in the future.
The Better Business Bureau warned about crypto investment scams on TikTok
The Better Business Bureau published a blog post that shows how crypto scams are carried out on TikTok and how to deal with them.
Voyager urges Alameda Research to repay $200M loan
Voyager asked the court to keep the crypto wallets that would be involved in the transactions private.
Wintermute reveals $160M hack in DeFi operations
Wintermute CEO Evgeny Gaevoy said the firm's Cefi and OTC operations were not affected by the hack.
CryptoSlate Daily wMarket Update – Sept. 19
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
Largest Indian exchange WazirX to delist USDC spot pairs, Sept. 26
India's WazirX, following the footsteps of the exchange giant Binance, said it will de-list USDC, USDP and TUSD on Sept. 26.