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Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade
2.3.2024
On Saturday, March 2, the valuation of bitcoin cash witnessed a significant increase, climbing over 40% within a 24-hour span to reach a peak of $451 each. This upward trend is attributed to the anticipated halving event, set to happen in 16 days, and the forthcoming 2024 upgrade, which is expected...
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
26.2.2024
User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back end, according to a Medium post by community member Gas404
User Alert: Tornado Cash Developers Warn of Risk to Funds Deposited Since Jan. 1
26.2.2024
Tornado Cash developers have issued a scam warning to cryptocurrency users who made deposits via the IPFS’ gateways between Jan. 1 and Feb. 24. Developers suspect that an exploiter may have “leaked” Tornado Cash deposits during this period to a server under their control....
GoFundMe Delists Tornado Cash Legal Crowdfunding Campaign – Here’s More
16.2.2024
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...
Is It Too Late to Buy Bitcoin Cash? BCH Price Takes Off as New Bitcoin Protocol Raises $10.7 Million
12.2.2024
Leading Bitcoin Fork Bitcoin Cash has undertaken an impressive +15% price increase and traders are now wondering whether it’s too late to buy into Bitcoin Cash at these levels. This article will provide an analysis of BCH’s current price trends and look to see whether a newer Bitcoin token...
How can accepting Bitcoin cash transform your business?
12.2.2024
Bitcoin Cash ( BCH) is an electronic cash peer-to-peer system born due to a hard fork from Bitcoin in 2017. It intends to provide fast, inexpensive transactions focusing on scalability and openness. Given that they have bigger block sizes than Bitcoin, BCH enables quicker and cheaper transactions...
How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule
30.1.2024
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry...
Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto
24.1.2024
Edward Snowden has backed a legal defense campaign for Roman Storm and Alexey Pertsev, coders behind the mixing service. They deserve the support of the crypto community, which has fundamental rights at stake in the case
Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden
24.1.2024
A legal fund for the defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev has received more than $350,675 and public support from Edward Snowden, the former NSA whistleblower
Edward Snowden Urges Crypto Community to Fund Tornado Cash Pioneer’s Legal Defense
24.1.2024
Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense. Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in the US through their crypto mixing service, accused...
Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US
23.1.2024
Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman Storm Pledges Vigorous...
Tornado Cash Co-Founder Expresses Concerns About Upcoming Trial on Money Laundering Charges
23.1.2024
Roman Storm, co-founder of Tornado Cash, a controversial cryptocurrency mixer, expressed fear and sought support from right-to-privacy advocates in anticipation of his upcoming criminal trial. Storm faces three charges, including conspiracy to commit money laundering, operating an unlicensed...
South Korea Seeks Regulation Against Crypto Mixers Citing Illegal Use Cases
15.1.2024
Source: AdobeStock South Korean regulators seek to introduce new laws that would sanction the use of cryptocurrency mixers in the country to curb the rate of illicit financial activities. According to local news outlets, the Financial Intelligence Unit is considering rolling out new regulations...
Iranian Crypto Exchange Bit24.cash Reportedly Exposes Sensitive Data of Nearly 230K Users
9.1.2024
Source: Pixabay Iranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.” The breach was attributed to an alleged misconfigured storage system used by...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
ETF Fever Continues, Gensler Warns Against Crypto’s ‘Wild West’ of Permissionless Exchange, Latam Update — Week in Review
31.12.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has repeated earlier warnings about crypto “non-compliance” being a global “Wild West,” as speculative fever for BTC exchange-traded funds continues to swelter, with monolithic asset manager Blackrock...
Australian Cash Use in Decline as 75% of Residents Now Seen as ‘Low Cash Users’
15.12.2023
On Dec. 12, Michele Bullock, the governor of the Reserve Bank of Australia, revealed that as much as 75% of Australians are now considered to be “low cash users.” Bullock also noted that the reduction in the use of cash for transactions is putting a strain on the cash distribution...
Nigerian Central Bank Warns Counterfeiters as Residents Reportedly Grapple With Cash Shortages
13.12.2023
As Nigeria grapples with cash shortages, the country’s central bank warned of the presence of counterfeit, higher-denomination naira banknotes. The bank has urged members of the public to report anyone suspected of falsifying or counterfeiting the banknotes. Central Bank Collaborates With...
Best Crypto to Buy Now December 4 – ORDI, PEPE, Bitcoin Cash
4.12.2023
ORDI, PEPE, and Bitcoin Cash rally strongly, signaling their potential as the best crypto to buy now amid renewed market optimism. Image by cryptonews.com. Among considerations around attractive buys and the best crypto to buy now, ORDI has generated interest reaching a new all-time-high in...
Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
1.12.2023
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another cryptocurrency mixing platform, labeling Sinbad.io as a “key money-laundering tool” used by the North Korean Lazarus Group crime syndicate. Sinbad.io, in addition...