TL;DR The software developer arrested by Dutch authorities earlier this week is Alex Pertsev, according to The Block. Tornado Cash DAO’s website has gone offline since the arrest. Dutch police arrested suspected Tornado Cash developer on Wednesday, 10 August. According to The Block, the software developer is Alex Pertsev, as...
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Samsung Enters Partnership Crypto payments startup Pundi X (NPXS) has just made a big splash. Revealed in a Medium blog posted on Jun 29th, the firm has partnered with Samsung to become the first “Fintech app” of the latter firm’s growing blockchain ecosystem. What’s funny is that both companies are...
The issue of regulating crypto is by all means a complex problem. However, one US official feels he has found an appropriate solution to the crypto imbroglio. Michael Pompeo, US Secretary of State, described his proposal for crypto regulation in an interview with CNBC on Tuesday. When asked what he...
Once again Bitcoin has found itself stuck. Over the weekend, the cryptocurrency failed to move in any notable fashion, flatlining in the low-$9,000s as buyers and sellers duke it out for dominance. Altcoins, on the other hand, saw an extremely strong weekend, with Ethereum surging to $190 and XRP passing...
Zilliqa will be launching a football NFT Collection on June 6th It will include 10 global football stars including Diego Costa and James Rodríguez The football NFT collection will be in partnership with Polaris Sports Buyers of the NFTs will also have a chance at winning signed merchandise by each...
After facing some downwards pressure yesterday evening, the aggregated crypto market was able to extend its upwards momentum today, with Ethereum setting fresh monthly highs while Bitcoin reclaimed its position within the lower-$10,000 region. XRP has also been able to climb slightly from its recent lows of $0.28, and analysts...
Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus. Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions After Ethereum’s successful transition towards the proof of stake consensus, several climate activities are...
Over the past few months, Hong Kong has found itself embroiled in political controversy. Bitcoin, interestingly, has taken up a minor role in this whole story. Hong Kong citizens first came out in the hundred of thousands, even millions, to protest an extradition bill that would have allowed the mainland...
Bitcoin hasn’t done all too well in the past few months, falling from $14,000 in June to as low as $6,400 in December of last year. This meant that at the bear trend’s worse, Bitcoin was down 55% from the June peak. This dramatic downturn saw a number of prominent...
Solana suffers another global outage that lasted nearly four and half hours. This is the second network outage that the blockchain has encountered this month. Cryptocurrency Solana suffered a major global outage on Wednesday, resulting in the network halting its activities temporarily. The network outage that lasted for nearly four...
Revolut fully approved by the U.K.'s FCA as a crypto business.
Crypto Miners Wiped Out in Chinese Flood While Bitcoin is a digital technology, natural disasters still affect this nascent ecosystem. Poolin, a prominent cryptocurrency mining pool, recently posted an image on Twitter of a flood “DEVASTATING” a mining farm in the Sichuan region of China. Red Li, the co-founder of...