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...
Binance has ceased the off-chain fund transfer channel between itself and WazirX On-chain transfers will still be available for the users to deposit and withdraw. Leading cryptocurrency exchange Binance has recently decided to remove the off-chain fund transfer channel between itself and the Indian exchange WazirX. Binance Suspends Off-Chain Transfer...
TLDR: Crypto Expert and Macro Guru Raoul Pal declared on Twitter today that he believes most participants are still underweight in Ethereum. The Founder of Real Vision Academy followed on to say that the pain will be at higher entry points, around $2,300. Raoul Pal was famously previously bullish on Ethereum on...
Summary: Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks. The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus. Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol. The news comes as speculations regarding a hard fork have...
Crypto.com has received a necessary license in South Korea, the team announced. The exchange secured the licenses by acquiring two companies. More crypto companies are working on receiving approval as the regulatory noose tightens. Crypto.com has received the registration for Electronic Financial Transaction Act and Virtual Asset Service Provider in...
Beanstalk stablecoin relaunches after going offline for four months. The stablecoin was earlier a victim of a flash loan attack that resulted in the firm losing nearly $182 million worth of funds. The credit-based stablecoin Beanstalk has relaunched its protocol after four months. The stablecoin had earlier suffered a massive...
TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount. McGlone highlights several observations when making his case, such as technical analysis focusing on key indicators such as the 100-week moving average. McGlone stressed the Federal Reserve’s critical role in the price of equities...
Binance CEO CZ has made a surprising Twitter announcement, stating that the WazirX-Binance transaction was never complete. CZ further added that Binance does not own any equity in Zanmai Labs, the entity that operates WazirX Binance’s CEO Changpeng Zhao has made surprising declarations regarding the Indian crypto exchange WazirX. While...
Summary: Binance Card now supports the Shiba Inu cryptocurrency. The popular meme coin is the 16th largest crypto with over $6 billion in market cap. Users across Europe can leverage Binance Card to make payments using the SHIBA INU coin Such transactions attract zero fees and users can get as...
Forbes reports that a staffer from Senator Lummis’ office said that every exchange in the U.S., and Binance, is being investigated by the SEC. The SEC could be looking at whether these exchanges have been allowing unregistered securities to be listed. The SEC has been adamant that the market does...
