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Iran Allows Crypto To Be Used As Payment for Imports

Rahul Nambiampurath·
Iran flag
Iran has passed regulation that would allow cryptocurrencies to be used as payment for imports. The country has already conducted one such transaction, which was reportedly worth $10 million. Some have said that Iran is using cryptocurrencies to circumvent the sanctions imposed by the United States government. The government of...

We Are Not Planning To Buy Huobi: FTX Founder Sam Bankman-Fried

Avatar photoJuhi Mirza·
FTX
The crypto entrepreneur SBF took to Twitter to share his opinion, addressing the growing notions about FTX acquiring Huobi in near future. FTX founder Sam Bankman-Fried further shared that he is not planning to buy Huobi FTX CEO and crypto entrepreneur Sam Bankman-Fried has finally issued a clarification via Twitter...

Terraform Labs Faces a Class Action Lawsuit Alleging Racketeering

Rahul Nambiampurath·
Terraform Labs Faces a Class Action Lawsuit Alleging Racketeering 15
Terraform Labs has been sued again, this time over allegations of racketeering. The plaintiff Matthew Albright and lawyers conducted an investigation by reviewing several of Terraform Lab’s public statements. The company is facing other lawsuits and investigations. Terraform Labs is facing yet another lawsuit, this time over alleged racketeering. Lawyers...

Cardano Founder Reveals New Date For The Upcoming Vasil Hard Fork

Avatar photoJuhi Mirza·
Cardano Founder Reveals New Date For The Upcoming Vasil Hard Fork 16
Cardano’s Charles Hoskinson has announced a new timeline for the Vasil Hard Fork upgrade  Hoskinson shared that the new update may be released in September if the network does not encounter any further issues.  Cardano founder Charles Hoskinson has revealed new details about the highly anticipated Vasil hard fork upgrade....

Tornado Cash Developer Allegedly Had Links to Russia’s FSB

Rahul Nambiampurath·
tornado cash
Reports are emerging that the recently arrested Tornado Cash developer is linked to Russia’s FSB. Alexey Pertsev was a former employee of the FSB, according to one report. GitHub also recently removed the source code of Tornado Cash and deleted associated accounts. Reports are emerging that the popular crypto mixing...

Cardano Vasil Upgrade On Track As Updated SPOs Crosses The 40% Mark

Avatar photoJuhi Mirza·
Cardano
IOHK has informed its users about the recent progress on the Vasil Hard Fork upgrade  The network has successfully crossed the 40% SPO mark.  According to analytics platform PoolTool, the updated Cardano SPOs have now reached the 42% mark, inching the Vasil Hard Fork deployment closer than ever.  IOHK Tweets...