Mon, September 21

Tornado Cash Linked Sanctioned Addresses Blocked by Aave

Reputable ENS addresses apparently got 0.1 ETH from sanctioned addresses. A Tornado Cash developer was apprehended in the Netherlands yesterday. The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has sanctioned crypto mixer Tornado Cash, dealing a blow to the crypto sector. Several Twitter users have

August 13, 2022 2 mins read

Martin Shkreli’s New Token Drops 90%, Rug Pull Suspected

The price fell when a mysterious wallet dumped a large quantity of the cryptocurrency. Martin Shkreli Inu has been linked to the Web3 venture Druglike. The new cryptocurrency token created by Martin Shkreli looks to have been abandoned. The value of Martin Shkreli Inu, a cryptocurrency established last month by

August 13, 2022 2 mins read

MaxUSDT Introduces New Mining Cycle Model Offering Even More Significant Returns

An alternative to traditional crypto is the use of a cloud mining service. In general, cloud mining is considered a better option for individuals who lack the technical expertise or prefer not to spend, operate and maintain their own gear and software. The cryptocurrency industry has seen several changes in

August 12, 2022 2 mins read

Ankr Secures Significant Strategic Investment by Binance Labs

Binance Labs is Binance’s venture capital arm and accelerator, and Ankr, one of the world’s top suppliers of Web3 infrastructure, is excited to announce that it has obtained a significant investment from Binance Labs. Ankr plans to invest the funds into expanding its Web3 developer suite, which currently consists of

August 11, 2022 2 mins read

Meme Coin Shiba Inu’s (SHIB) Trading Volume Surges Over 500%

SHIB’s average holding duration increased to 172 days on Wednesday alone. The pace of Shiba Inu’s ‘burn’ has climbed by a whopping 260%. The Shiba Inu token had a trading volume increase of almost 500%, according to data compiled by WhaleStats, suggesting that the cryptocurrency is gaining popularity among investors.

August 11, 2022 1 min read

Cardano Network Gets Promoted on Racing Car at NASCAR

NASCAR driver Trent Barnes’ vehicle had the network’s name all over. Charles Hoskinson, the founder of Cardano, surprisingly seemed clueless. Cardano, a well-known network, and its community seem to be surprised by a sudden event. The network has been criticized for having low adoption and for being less popular than

August 11, 2022 1 min read

Ripple Labs Interested in Buying Assets of Celsius Network

The Celsius network filed for bankruptcy last month. Withdrawals and transfers from user accounts have been suspended since June. A prospective acquirer of the assets of the Celsius network is Ripple Labs, the organization that created the XRP cryptocurrency. According to Reuter’s article, the blockchain payments startup is interested in

August 10, 2022 1 min read

Celsius CEO Alex Mashinsky Reportedly Sells 17,475 CEL Tokens

Mashinsky’s wallet traded 17,475 CEL tokens for $28,242 in ether (ETH). The CEO had more tokens than the next four holders combined. Crypto intelligence outfits Nansen and Arkham Intelligence have identified a $CEL address associated with Celsius CEO Alex Mashinsky that has liquidated part of its assets for the first

August 10, 2022 1 min read

Circle Announces Full Support To Upcoming ETH Merge

Chinese Ethereum miner Chandler Guo has been the driving force behind the movement. The ETHPOW coin would be created as a result of the proposed fork. During the much-anticipated merging ceremony scheduled for September 19, the stablecoin provider Circle declared its plans to fully support Ethereum’s switch to a proof-of-stake

August 10, 2022 2 mins read

Tornado Cash Sanctioned by U.S Agency Over Money Laundering

Tornado was defined as a virtual currency mixer used to launder cybercrime revenues. The move went into effect on Monday, according to the US Department of Treasury. Tornado Cash, a cryptocurrency mixer, has been sanctioned for money laundering by an agency within the Department of the Treasury of the United

August 9, 2022 2 mins read