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Dutch courts have convicted Alexey Pertsev for laundering $1.2 billion through the crypto mixer Tornado Cash.
This significant ruling highlights the challenges in regulating decentralized finance (DeFi) and cryptocurrencies.
Dutch Court Convicts Tornado Cash Founder
On Tuesday, a Dutch court convicted Pertsev of money laundering with Tornado Cash, a tool that unknown transaction...
British financial expert Raoul Pal recently predicted a substantial surge in Bitcoin’s value, hinting at a parabolic rally during an upcoming “Crypto Summer and Fall.”
Known for his macroeconomic expertise, Pal, a former Goldman Sachs executive, is a staunch advocate for crypto.
Why Pal Predicts Bitcoin Bull Run?
Pal anticipates the market will soon enter what he whimsically calls the “...
Storm Trade is the first decentralised derivatives trading platform on Telegram, built on the TON blockchain and allowing trading with leverage up to x50.
Keeping up with the times and providing all the best technologies to its users, Storm is releasing a major update – TON-Margin, which will change the way you trade!
What is TON-Margin?
Many perpetual platforms, including Storm Trade,...
In a landmark enforcement action, the Commodity Futures Trading Commission (CFTC) has issued fines totaling $1.7 million against FalconX, a prominent crypto prime brokerage firm.
This penalty stems from their failure to register as a futures commission merchant (FCM) while providing US customers access to trading platforms for crypto derivatives.
CFTC Fines FalconX $1.7 Million
This...
In the financial world, few stories are captivated, like that of Keith Gill, also known as Roaring Kitty. This former financial analyst turned stock influencer sparked the 2021 GameStop (GME) short squeeze.
His actions shook Wall Street, capturing the global attention. After a significant hiatus, Gill has recently returned to social media, sparking renewed interest in both traditional and...
Bitcoin miners are starting to feel pinched as halved rewards become their new reality post-halving.
A spike in network fees briefly eased their strain. Yet, declining transaction fees are now increasing financial pressure.
Post-Halving Pressures Mount for Bitcoin Miners Amid Declining Fees
Kaiko Research recently reported a surge in daily average network fees after the halving. This...
Shiba Inu’s (SHIB) price is seeking support from the broader market cues and its investors to break free from the ongoing downtrend.
This could happen in the coming days as SHIB holders have switched from selling to HODLing.
Shiba Inu Investors Seem Serious
Shiba Inu’s price has not always noted an impact of its investors’ actions in bullish scenarios since the meme coin is mostly a...
Anyone who knows about the Ton coin has heard about Notcoin. And vice versa. Let’s figure out why there is such a buzz around Notcoin and why large exchanges like Binance are launching their listing.
What is NOT?
Notcoin (NOT) is a community-driven token originating from a viral tap-to-earn game on Telegram Mini Apps, where users tapped an image to collect points and could join “Squads” to...
Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex’s core mission to provide easy, fast and secure payment methods to its customers.
The partnership will see OpenPayd issue virtual...
CertiK discovered and patched a major security flaw in the Wormhole bridge on the Aptos network, potentially saving $5 million.
This vulnerability could have let an attacker create fake token transfers, but CertiK’s swift action secured users’ funds.
Aptos’ Wormhole Bridge $5M Security Flaw Discovered
CertiK found the flaw in the Wormhole bridge on Aptos and reported it to the Wormhole...