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Crypto News

Fast coverage of the stories moving crypto markets.

CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’

The U.S. Department of Treasury sanctioned the crypto mixer Tornado Cash website on August 8, claiming that cybercriminals with affiliations to North Korea have been using it to launder money.

4 years ago

Mining BTC -0.61%

Mining firm Bit Digital grows Ethereum holdings 594% sequentially in July ahead of Merge

The mining firm also increased its Bitcoin production by 111% month-over-month in July, while its mining power remained constant.

4 years ago

Culture

Anonymous may have set sights on BAYC for alleged connections to Nazi imagery

An Anonymous Facebook account has aligned itself with Ryder Ripps in his pursuit to "out" BAYC as having roots in Nazi symbology declaring "expect us" in reference to Yuga Labs.

4 years ago

Regulation

UAE introduces new reporting requirements to counter crypto real estate money laundering

The new rules requires all real estate agents, brokers, and law firms to report all property transactions involving virtual assets.

4 years ago

Research

Research: The market is ripe with signs of capitulation, but Bitcoin is holding its ground

Several on-chain indicators show that Bitcoin could be nearing the end of its capitulation period.

4 years ago

Investments

Bitcoin Stock-to-Flow model creator PlanB promotes ‘quant investing’ via ByBit to ‘100x’ HODL strategy

PlanB, the creator of the S2F model for Bitcoin is promoting copy trading on ByBit to followers claiming 100x returns compared to HODLing

4 years ago

Price Watch ETH -0.06%

Ethereum breaks $1.8K first time since June crash – up 104% from local market bottom

Ethereum has rallied 104% since reaching lows of $882 in June to reach $1,800 for the first time since early June

4 years ago

Bear Market

Singapore-based Hodlnaut freezes customer accounts, drops license application

Crypto lender Hodlnaut said it suspended withdrawals, deposits and token swaps "due to recent market conditions."

4 years ago

Merge

Crypto community divided over Ethereum hard fork

Crypto exchanges like MEXC, Gate, and OKX have hinted that they could list the forked version of Ethereum.

4 years ago

Bankruptcy

Celsius backtracks on hiring former CFO as consultant

Celsius withdrew its motion to hire former CFO Rod Bolger as a consultant after hundreds of disgruntled investors wrote letters to the court.

4 years ago

Adoption ADA -2.37%

Mark Cuban says Cardano has not had ‘much of an impact’

The billionaire entrepreneur believes Cardano is not a successful cryptocurrency yet due to its low transaction volume, among other things.

4 years ago

Scams MATIC +2.76%

Over $1M lost in Polygon-based Dragoma rug pull

Blockchain security company PeckShield first reported the alleged rug pull, noting the sharp decline in the value of Dragoma's token DMA.

4 years ago

Mining

Research: Miner data shows Bitcoin could have bottomed

Hash ribbons, miner balances, mining difficulty, and the Puell Multiple all show that Bitcoin reached its bottom and could be recovering.

4 years ago

Academia

Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more

At its core, the paper highlights an issue where miners can change the timestamp related to a mined block to avoid increased difficulty on the network.

4 years ago