How Tornado Cash Works & Applicable Sanctions
Though blockchain-enabled cryptocurrencies were initially hailed as new ways to make private financial transactions, the reality isn’t quite that simple. Many blockchain records are public, allowing people to track transaction…
Kraken Eyes $15B IPO Amid Global Expansion and Crypto Market Surge.
The American cryptocurrency exchange Kraken is allegedly eyeing a possible initial public offering (IPO) and is seeking $500,000 at a valuation of $15 billion. In 2022, the corporation was valued…
5 Dormant Bitcoin Mining Wallets Move $30M in BTC After 15 Years
A group of Bitcoin wallets from the early days of the network moved funds for the first time in over 15 years today. Each of the five wallets received 50…
Hackers Target Python Developers in Phishing Attacks Using Fake PyPI Site.
Python developers are under siege as cybercriminals deploy sophisticated phishing campaigns leveraging a counterfeit Python Package Index (PyPI) site. This alarming trend, uncovered in recent cybersecurity reports, highlights the growing…
Tornado Cash Co-founder Faces Jury After Closing Arguments Wrap
The fate of the Co-Founder of cryptocurrency mixing service firm, Tornado Cash, is now in the hands of jurors. In the ongoing trial, the closing arguments by both prosecutors and…
Ether Machine Buys 15K ETH for $56.9M, Treasury Holdings Hit 334K.
In a bold show of conviction, the Ether Machine celebrated Ethereum’s 10th anniversary with a $56.9 million ETH purchase. The purchase was carried out by Ether Reserve LLC, a subsidiary…
Senator Lummis Proposes Mortgage Bill to Include Bitcoin Loans.
Borrowers can use crypto without converting to cash.Wider acceptance of bitcoin loans across the U.S.Senator Cynthia Lummis has sponsored the 21st Century Mortgage Act, a bill that aims to get…
Indonesia Increases Crypto Tax Rates for Traders and Miners
Indonesia’s Ministry of Finance will implement increased cryptocurrency taxation rates starting August 1, 2025, significantly raising costs for crypto traders using foreign exchanges while reducing buyer fees and restructuring mining…
JD.com Registers Jcoin and Joycoin Ahead of Hong Kong Stablecoin Rules.
Chinese e-commerce giant JD.com has registered two stablecoin-related trademarks through its fintech subsidiary JD Coinlink Technology, positioning for Hong Kong’s mandatory stablecoin licensing regime that takes effect August 1, 2025.…
South Korean Central Bank Unveils Cryptoassets Department.
The “Cryptoassets Department” will focus on monitoring crypto markets, stablecoins, and related legislation. At the same time, the BOK’s “Digital Currency Research Lab” will be renamed the “Digital Currency Lab”…