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Crypto News

Fast coverage of the stories moving crypto markets.

Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

According to a member of the Tornado Cash team, the DAO has been shut down as it "can't fight the US" and contributors are scared of being prosecuted

Liam 'Akiba' Wright 2 min read 4 years ago

Censorship

DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash

Decentralization may be under attack as Aave, Uniswap, Balancer and more reportedly ban wallets which have interacted with Tornado Cash. A centralized dataset created by TRM Labs appears to be responsible for the accounts being banned.

7 min read 4 years ago

Research ETH +1.88%

Research: Ethereum is recovering its dominance over stablecoins

Ethereum's price recovery led it to recover its dominance over stablecoins, with its market cap now standing at just over $243 billion.

2 min read 4 years ago

Bear Market SC -0.08%

Siacoin creator Skynet to keep operating despite announced shutdown

Siacoin creator Skynet to keep operating despite the CEO blaming the company’s failure to focus on several things at once, making it difficult to develop one solid product.

2 min read 4 years ago

Marathon Digital to relocate Bitcoin mining facility to carbon neutral energy sources

Guest Author

Mining BTC +0.12%

3 trends that will shape the future of Bitcoin mining

Bitcoin mining is a dynamically-changing industry that's growing in scale and operational knowledge. Here are three of the biggest trends we are seeing today.

5 min read 4 years ago

Legal

India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

Vauld's entity in India failed to conduct due diligence on funds sent through the exchange and was uncompliant with India's Enforcement Directorate.

2 min read 4 years ago

Research

Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750

Ethereum is up 61% against Bitcoin since lows of $877 in June. Could the flippening be on the cards with a $3,750 price target

3 min read 4 years ago

Exchanges

Coinbase credit ratings lowered by S&P Global on ‘weak earnings,’ competitive risk

The rating agency said that "weak earnings" and competitive pressure on Coinbase have weakened its coverage ratios.

2 min read 4 years ago

Research

Research: Bear market cycles see long-term holders capitulate and then accumulate

Since 2010, long-term holders have been buying Bitcoin every time its price was pushed downwards and have sold into almost every peak.

3 min read 4 years ago

Technology

Researchers discover vulnerabilities in Bitcoin layer-2 Lightning Network

The researchers said the two attacks exploits congestion on the Bitcoin blockchain to cause damage on the Lightning Network.

3 min read 4 years ago

Bear Market

Huobi founder Leon Li in talks to sell his shares for up to $3B

Huobi Group's founder Leon Li is reportedly in talks with Tron founder Justin Sun and FTX founder Sam Bankman-Fried to sell his majority stake in the exchange.

3 min read 4 years ago

Legal

Netherlands arrests suspected Tornado Cash developer

The Dutch Fiscal Information and Investigation Service revealed that it started a criminal investigation into Tornado Cash in June because it suspected that the protocol was being used for illegal activities.

1 min read 4 years ago

Hacks

Binance recovers $450K stolen from Curve DNS Hack

Binance has identified and frozen 83% of the funds stolen from Curve Finance and is working with law enforcement to return the money to users.

2 min read 4 years ago

DAOs

MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

Buterin has called MakerDAO’s idea of converting its reserve into Ethereum a “risky and terrible idea.”

3 min read 4 years ago

Adoption

A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says

Ganesh Swami shares his thoughts on a likely scenario for digital assets in the event of world war breaking out.

5 min read 4 years ago

Technology

Kraken report explores what’s superior — PoW or PoS

A recent study by Kraken concluded that neither PoW nor PoS mechanisms are the 'better' option. Instead, each has unique characteristics that fit better with different blockchain designs.

5 min read 4 years ago

Banking

Central Banks can safely invest in Bitcoin with BlackRock’s Bitcoin Private Trust; says DCG Founder

Digital Currency Group Founder Barry Silbert suggests that with BlackRock's bitcoin trust, "central banks, now have an easy, safe way to invest in bitcoin"

2 min read 4 years ago