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YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis


After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group Recent discoveries by the blockchain analysis firm show that...

Nearly Two-Thirds of Crypto Projects Meet their Demise, New Research Finds


Nearly two-thirds of crypto projects to launch in the past several years have met their demise, according to a recent analysis of over 12,000 cryptocurrency projects. The report, conducted by AlphaQuest and Storible, found that 72% of projects born during the 2020-2021 bull run have failed....

GoFundMe Delists Tornado Cash Legal Crowdfunding Campaign – Here’s More


Popular crowdfunding network GoFundMe has pulled down the legal aid fundraiser for Tornado Cash co-founder and developer, citing a breach. In a Feb 15 X (formerly Twitter) post, Ryan Adams, an investor in Bankless Ventures alerted the digital asset community of the recent developments in...

Lava Network Raises $15 Million in Seed Funding, Introducing Magma


Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet. According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey Capital. Alliance DAO, Node Capital, North Island...

VanEck Slashes Bitcoin ETF Fees Down to 0.20% in Competitive Market


VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to 0.20% from 0.25% according to a recent filing submitted to the Securities and Exchange Commission. Nearly a dozen Bitcoin ETFs are competing for investor attention in a saturated market. BlackRock...

Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies


Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally...

Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst


Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...

MicroStrategy’s Bitcoin Holdings Now Worth Over $10 Billion


MicroStrategy, the largest corporate owner of bitcoins, possesses over $10 billion worth of the cryptocurrency as of Thursday morning. According to MicroStrategy’s Q4 2023 Financial Results presentation, published on February 6, the company has made a profit of over $4 billion on its Bitcoin...

Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N


Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...

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