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Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday
Coinbase-backed motion makes 4 key arguments to lift Tornado Cash sanctions
25.5.2023
According to the filing, the Treasury lacks the authority to prohibit Tornado Cash and transactions associated with it
Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief
25.5.2023
On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The study says the slowdown is probably temporary, with...
Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links
24.5.2023
Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money
XRP Price Prediction as Ripple CEO Announces Plan to Utilize $1 Billion Cash Reserves for Company Expansion
23.5.2023
XRP, the cryptocurrency issued by US fintech firm Ripple, could see massive price gains if CEO Brad Garlinghouse’s plan to spend $1 billion on acquisitions proves successful.
The plan to spend up to a billion dollars from the company’s cash reserves was announced by Garlinghouse in an on-stage...
TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack
22.5.2023
The price of crypto mixer Tornado Cash’s governance token TORN saw a strong recovery after the hackers behind a recent attack on the protocol appeared to offer to reverse the attack.
According to a post published in Tornado Cash’s governance forum by a user named Tornadosaurus-Hex, the attacker...
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000 Ahead of Pivotal Week in US Debt Ceiling Talks
22.5.2023
Bitcoin continued to consolidate on Monday, ahead of U.S. debt ceiling talks with President Biden and Republican House Speaker Kevin McCarthy. It is expected that if a deal isn’t reached this week, the government will run out of cash on June 1. Ethereum was marginally higher. Bitcoin Bitcoin...
The US Treasury is running out of cash — trouble ahead for Bitcoin?
22.5.2023
Cointelegraph analyst and writer Marcel Pechman explains how and why the U.S. Treasury is quickly running out of cash, and what that means for Bitcoin and the crypto market
Tornado Cash governance under severe threat
22.5.2023
An attacker recently managed to gain full control over the Tornado Cash DAO governance through a malicious proposal passed by the decentralized crypto tumbler. The DAO’s future plans, funds, and handling operations of the privacy-focused cryptocurrency mixer, Tornado Cash, were taken over...
Tornado Cash attacker to potentially giveback governance control, proposal reveals
22.5.2023
A few hours into the hack, to everyone’s surprise, the attacker surprisingly reached out to the Tornado Cash community with a new proposal, hinting at their intent to give back the governance control
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
22.5.2023
The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan
Top Crypto Gainers & Losers Today - Tornado Cash Crash, Pepe Price Bounces
21.5.2023
In the dynamic world of cryptocurrencies, prices can fluctuate rapidly, presenting both opportunities and risks for investors.
Today, we delve into the latest updates on the top gainers and losers in the crypto market.
Two notable performers are Tornado Cash (TORN) and Pepe, with Pepe securing...
Rand Plunges After US Weapons Accusations Against South Africa, Schiff Criticizes Misleading Inflation Numbers, and More — Bitcoin.com News Week in Review
21.5.2023
Another exciting week in crypto and finance has come and gone, with news of U.S. government accusations against South Africa, regarding the alleged supply of the Russian state with ammunition. In other news, ten Southeast Asian nations are challenging U.S. dollar dominance, having agreed...
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
21.5.2023
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
21.5.2023
Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of Coinbase believes this would be done to remit funds...
Attacker hijacks Tornado Cash governance via malicious proposal
21.5.2023
The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router
Epic Games Store Will Now Pay You Back For Buying Games
18.5.2023
The Epic Games Store is rolling out a new “Epic Rewards” program to give players five percent cash back on PC gaming purchases. Whether it’s in-game purchases like Fortnite V-Bucks or big blockbusters like Star Wars Jedi: Survivor, the new policy is essentially a discount on everything you...
Investors Seek Refuge in Cash as Recession Fears Mount, BOFA Survey Reveals
18.5.2023
Investors, plagued by mounting pessimism, have sought refuge in cash, according to a recent survey conducted by Bank of America. The survey highlights a notable 5.6% increase in cash reserves during May, as apprehensive investors brace themselves for a potential credit crunch and a recession....
Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates
17.5.2023
Crypto investors are attempting to capitalize on the latest wave of meme coin mania by tracking the movements of early pepecoin (PEPE) buyers
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $27,000 as US Debt Ceiling Fears Grip Markets
17.5.2023
Bitcoin fell below the $27,000 level on May 17, as market uncertainty remained high amidst the debt ceiling crisis in the United States. Congress continues to negotiate terms of a potential increase to the limit, before the U.S. government runs out of cash on June 1. Ethereum also dropped, breaking...