Recently, wallets linked to the CoinStats exploiter made a significant move by transferring almost $1 million in Ether to the controversial crypto mixing protocol Tornado Cash. This action comes shortly after CertiK, a blockchain security firm, identified two wallets connected to the CoinStats exploit in June moving a total of 311 ETH to Tornado Cash.
Crypto
In a recent turn of events, popular Canadian musician and actor, Drake, lost a significant Bitcoin bet after Canada was defeated by Argentina in the Copa America semi-final. Drake had bet a whopping $300,000 worth of Bitcoin on his home country to beat Argentina in the match. This loss adds to a long list of
Binance, the world’s largest cryptocurrency exchange, recently announced that it will be suspending deposits and withdrawals for approximately one hour on July 17th. This decision is a part of a scheduled wallet maintenance process. Despite this temporary setback, trading services will remain unaffected. It is essential to note that Binance will not provide any further
The world of cryptocurrency has been buzzing with excitement as Ethereum 2.0 staking experiences a surge in participation. A major milestone has recently been reached with the deposit contract for staking Ethereum on the Beacon Chain reaching an all-time high of 47.36 million ETH. This represents a significant increase from just two years ago when
In recent times, Bitcoin has experienced a significant dip in its price, with a 15% decrease over the past 30 days. This drop was most notable towards the end of last week when the price fell below $54,000 for the first time since February. However, there has been a slight recovery, with the current trading
The latest data from Santiment, a market intelligence platform, reveals Ethereum (ETH) to be the top trending token in the cryptocurrency sector. This surge in popularity is attributed to the updated S-1 forms filed for spot ETH ETFs by major financial institutions like BlackRock, Fidelity, VanEck, and others. Experts speculate that ETH may soon break
The recent news of Paxful’s co-founder and former CTO, Artur Schaback, pleading guilty to conspiracy charges of deliberately failing to establish, develop, and maintain a compliant AML program as required by the Bank Secrecy Act, serves as a stark reminder of the consequences of non-compliance in the financial industry. Schaback’s failure to collect necessary KYC
The landscape of stablecoins is undergoing a significant shift with the implementation of Europe’s Markets in Crypto-Assets Regulation (MiCA). According to French blockchain analytics firm Kaiko, non-compliant stablecoins currently dominate 88% of the total stablecoin volume. However, the tide is turning as market makers are beginning to favor compliant stablecoins over their non-compliant counterparts in
Bitcoin (BTC) has recently hit its lowest level since February 26, causing concern among investors. However, Bitfinex analysts have identified on-chain signals that suggest the leading cryptocurrency may be on the verge of a turnaround. Despite recent volatility and market fear, there are indications that BTC may not experience any further significant dumps in the
Despite a challenging week in the crypto market, Chainlink (LINK) managed to see a brief respite with a gain of over 4%. This positive movement was supported by the accumulation of over 6.2 million LINK by whales. The current value of these holdings is estimated to be around $76.88 million according to popular crypto analyst
