Treasury Crackdown on Tornado Cash Punishes Honest Crypto Investors

A tornado is seen in a field in D’arcy, Saskatchewan, Canada, on June 15, 2021. Neil Serfas | via Reuters The Treasury Department’s crackdown on Tornado Cash was aimed at stopping criminals. But a large number of ordinary crypto investors with honest intentions are now at risk. “Every American is going to have to be … Read more

Former Watchdog Chairman Sues Binance and Kraken for £10 Billion in First UK Crypto Competition Claim

The former chairman of the Competition and Markets Authority has sued four crypto firms, including Binance, for nearly £10 billion for alleged collusion to delist a major cryptocurrency from its exchanges. Lord David Currie, who chaired the CMA from 2014 to 2018, filed a claim against the crypto giant as well as exchanges Kraken, Bittylicious … Read more

Cryptocurrency Mixing Service Tornado Cash Blacklisted by Treasury Department

The Tornado Cash website is displayed on the screen of a laptop and smartphone in London, Tuesday, March 15, 2022. lucas macgregor | Mayor Bloomberg | fake images The US Treasury Department sanctioned popular cryptocurrency mixer Tornado Cash on Monday, banning Americans from using a service the government says “launders the proceeds of cybercrime.” “Despite … Read more

Saylor, the ‘maximalist’ of Bitcoin, makes crypto his only job

Michael Saylor, President and CEO of MicroStrategy, speaks during a panel discussion on Bitcoin … [+] Conference, Thursday, April 7, 2022, in Miami Beach, Florida. Thousands of crypto enthusiasts flock to Miami as the city builds its reputation as one of the key places to develop blockchain technology despite its underdog status. (AP Photo/Rebecca Blackwell) … Read more

Crypto and the US Government Head for a Decisive Showdown

maybe seeing that sooner or later the law will come for cryptocurrencies, the industry has been rallying behind an effort to pass a new regulatory framework just for cryptocurrencies, one that avoids all the wrath of the hello Test. Companies, including Coinbase, have petitioned the SEC to issue new rules specific to digital currencies. Meanwhile, … Read more

Bitcoin Holds Above $23,000; BNB and Polkadot add up to 4%

New Delhi – Despite light trading over the weekend, the crypto market was able to maintain gains on Monday as investors seemed to mostly recover from Friday’s surprisingly strong employment report. However, the gains were limited. Investors will be keeping an eye on Coinbase’s earnings report. All major crypto tokens traded with decent gains on … Read more

Cryptocurrency Prices Today: Bitcoin Above $23,000; ether, dogecoin, Avalanche also increase

Cryptocurrency prices surged today with Bitcoin trading above the $23,000 mark. The world’s largest and most popular cryptocurrency, Bitcoin, was trading nearly a percentage higher at $23,287. The global crypto market capitalization today was above the $1 trillion mark as it rose nearly 2 percent in the past 24 hours to $1.15 trillion, according to … Read more

Celsius withdraws motion to rehire CFO for $92,000 a month

Celsius was sued on Thursday by former investment manager Jason Stone as pressure continues to mount on the firm amid a slump in cryptocurrency prices. Stone has alleged, among other things, that Celsius CEO Alex Mashinsky (above) “was able to enrich himself considerably.” Piaras Ó Mídheach | Sportsfile for Web Summit | fake images Beleaguered … Read more

‘Opening the Floodgates’: Cryptocurrencies Brace for $10 Trillion Earthquake as Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, and Dogecoin Price Swings

Bitcoin, ethereum and other major cryptocurrencies have struggled to maintain momentum after charging higher through July. Subscribe now to Forbes Crypto Asset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash The price of bitcoin, down around 70% from its all-time highs, had started to rise last month but has since stalled … Read more