Singaporean cryptocurrency lender Vauld, which has been going through bankruptcy proceedings since August 2022, recently announced that it has been granted permission to reorganize its board. The restructuring of the corporation will be overseen by the new management. Vauld’s co-founder Darshan Bathija announced on Twitter on August 24 that the
According to his attorney, Roman Storm, co-founder of Tornado Cash, was freed on bond shortly after his detention by the U.S DOJ on August 23 on money-laundering and other charges. On August 24, Brian Klein, Storm’s attorney, announced his client’s release from jail on Twitter. According to Klein, he is
The crypto market has experienced a massive downtrend over the past few weeks. The top cryptocurrencies in the crypto market have shown strong bearish momentum. On the other hand, according to the Santiment data, several cryptocurrencies have witnessed the highest level of address activity. 📈🧐 The top 10 assets by
During the recent bloodbath, almost all cryptocurrencies including Ethereum (ETH) performed terribly. However, declining trade volumes of ETH over the weekend indicate a temporary lull in the selling frenzy. On the other hand, a well-known crypto analyst with the Twitter handle Ali_Charts, predicts a rather muted price trend for Ethereum
Envisioning the crypto industry, India wants to explore more with the development of Web3. As per the press release from the Ministry of Electronics and Information Technology (MeitY) on Wednesday, the browser foresees crypto token support for digitally signing documents, which would further strengthen the security of online transactions and
The Australian Securities and Investments Commission (ASIC) has launched a lawsuit against eToro, a stock and crypto trading platform. This is over allegedly allowing its users to engage in “high risk” leverage derivative products, specifically CFDs. On Thursday, August 3rd, ASIC released a statement claiming that eToro Aus Capital Ltd.
KuCoin, a cryptocurrency exchange, has decided to suspend its Bitcoin and Litecoin mining pools as of August 16. The decision was reportedly made in response to recent layoffs that, according to rumors, impacted close to 30% of its personnel. The alleged layoff news was denied by the exchange, calling it
The Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart on July 29; the FDIC thereafter assumed management. The FDIC announced on July 31 that the four former Heartland Tri-State Bank locations will reopen as branches of Dream First Bank the following day. Customers of the
The war of words between the Solana (SOL) ecosystem and the Ethereum community has reached a new low after the protocol’s creator, Anatoly Yakovenko, accused its rivals on Twitter of spreading false information about a key aspect of Solana’s performance. Toly, as he’s known on Twitter, sounded the alert that
In a highly anticipated move, IO Global (IOG), the tech firm behind Cardano’s research, is gearing up for the mainnet release of Mithril, a stake-based signature scheme and protocol aimed at overcoming major challenges in blockchain applications. In August 2022, the team released Mithril’s proof of concept and officially unveiled
