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...
The Ethereum core developer team has discussed the tentative dates for the Merge to take place. The dates are not definitive; however, the devs have agreed that the Bellatrix update would land on September 6, and the Paris update would target September 15. The Merge is planned to take place...
TL;DR San Francisco-based company Ripple Labs Inc is potentially interested in purchasing assets of bankrupt Crypto Lender: Celsius. Ripple is actively looking for market opportunities to “strategically scale the company,” according to Ripple’s spokesperson. The company was sued by the U.S. Securities and Exchange Commission in 2020 over $XRP token....
Magic Eden submits a proposal to launch the “ApecoinDAO” NFT marketplace The marketplace intends to provide utility to Apecoin holders by building a custom marketplace to trade and purchase NFTs. Leading Solana NFT marketplace Magic Eden has submitted a proposal to the ApecoinDAO to build a special NFT marketplace for...
TL;DR: Blockchain data from crypto intelligence firm Nansen and Arkham Intelligence identified a couple of transactions completed on a wallet identified as Mashinsky’s. The wallet sold 17,475 CEL and swapped them for 28,242 Ether, according to Etherscan. Mashinsky is reportedly one of the largest Celsius Token holders after the Celsius...
TLDR: The U.S. sanctioned Tornado Cash, the mixing token that makes Ethereum transactions untraceable. The U.S. Treasury’s Office of Foreign Asset Control posted the updated sanctions list. The order makes it illegal for U.S. citizens to use Tornado Cash. Tornado Cash is open source, and many believe the sanctions deny...
FTX CEO Sam Bankman-Fried believes Solana is the most underrated token His comments have come at a time when the network is battling an intense hack that resulted in draining $8 million worth of user funds. In an interview with Fortune, FTX exchange CEO Sam Bankman Fried outlined his opinions...
Summary: Algorand’s CEO, Steven Kokinos, has left the blockchain project to pursue other interests. Mr. Kokinos will stay on at Algorand as a senior advisor until mid-2023. Algorand’s current COO, Sean Ford, will serve as interim CEO effective today, July 27th. Algorand’s (ALGO) CEO, Steven Kokinos, has left the blockchain...
Summary: Stablecoin supply dropped by the end of the second quarter of 2022. Arcane Research data showed that the total supply was about $151 billion by Q2 of this year. The figure revealed an 18.8% drop over the last quarter, worth around $35 billion. It’s so far the largest supply...
Summary: Grayscale has added Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC) to its list of assets under consideration. The crypto-focused Wall Street Investment Firm known as Grayscale has expanded its list of assets under consideration to include Apecoin (APE), Cronos (CRO), and Kyber Network Crystal (KNC). The Grayscale...
Summary: Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth $124 million from Aave. Celsius Network also repaid $78 million in USDC to Aave. The lending platform has been winding down on its DeFi positions since mid-June. The financially embattled DeFi lending protocol Celsius Network has withdrawn 6,083 Wrapped Bitcoin worth...
