Ethereum Foundation Donates $1.25 Million To Tornado Cash Developer’s Legal Defense
The Ethereum Foundation (EF) is donating more than a million dollars to help Tornado Cash developer Alexey Pertsev with his legal defense. The contribution follows the developer’s supervised release to prepare to appeal his money laundering conviction in the Netherlands. Related Reading: Ohio Proposes Bill To Prevent Additional State Taxes On Crypto Payments Ethereum Foundation […]
FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
China’s Judiciary Intensifies Research on Crypto Legal Cases Amid Existing Ban
China’s judiciary authorities are taking significant steps to address the legal complexities surrounding cryptocurrency cases. Despite maintaining a stringent ban on crypto trading and mining on the mainland, the country’s top judicial and academic institutions are now intensifying research into how digital assets are treated within the legal system. A recent seminar hosted by the […]
Solana Stays Green Despite Crypto Downturn, Solaxy Could See it Soar Higher
It’s no secret that the crypto industry hasn’t been looking good recently, with red almost across the board. Even so, some coins are already showing signs of recovery and ending trading yesterday in the green once more, among them Chainlink, BNB, SUI, and Solana. Solana’s resilience is drawing attention to a related meme coin, Solaxy […]
Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?
In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.
Floki Among Altcoins Seeing Whale Activity Spike: Sign Of Dip Buying?
On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin’s price. Floki Has Just Seen A 450% Increase In Whale Transaction Count In a new post on X, the on-chain analytics firm has talked about how the various altcoins in the […]
CoreWeave Eyes $4B IPO, Could File for U.S. Listing Within a Week: Bloomberg
The AI firm is targeting a valuation of over $35 billion, according to the report.
Crypto Scam Alert: Hackers Use GitHub To Steal Funds—Kaspersky
Cybercriminals have initiated a sophisticated attack that targets GitHub users. They are utilizing fake repositories to disseminate malware that steals personal data and cryptocurrency. Kaspersky, a security firm, has identified more than 200 repositories that deceive unsuspecting developers and merchants by posing as legitimate open-source projects. Related Reading: Massive Bitcoin Selloff Ahead? Strategy Stock Drops […]
Illegal Crypto Mining Causes $14M in Losses for Russian Power Company—Report
According to a report uploaded on February 18, last year, Russia’s Rosseti Group, a major player in the nation’s electricity sector, reported damages of over 1.3 billion rubles (approximately $14.2 million) caused by “unauthorized” cryptocurrency mining operations. These “black” mining farms tapped directly into Rosseti’s power network without authorization, severely impacting the company’s resources and […]