Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act. In a filing with the United States District Court for the Southern District of New York on…
Read more
Digital asset bank Custodia Bank has been denied a U.S. Federal Reserve master account by the United States District Court for the District of Wyoming. The court ruling dismissed Custodia’s plea for a declaratory judgment, but the bank remains determined and is exploring all available options. “We are reviewing the court’s decision and all of…
Read more
Crypto-focused hedge fund Multicoin Capital has delivered extraordinary returns to its investors, exceeding 9,000% since its launch in 2017. In its annual investor letter, the fund revealed that after experiencing significant losses in 2022 that nearly wiped out its value, Multicoin Capital’s fortunes have dramatically turned around. According to the investor letter, dated February 16,…
Read more
Ethereum co-founder Vitalik Buterin has recently commented on Worldcoin’s attempt to ensure user data’s privacy, acknowledging their effort. Replying to a user’s post on social media Buterin addressed to the project co-founded by OpenAI’s Sam Altman, saying that Worldcoin has done “quite a good job” when it comes to protecting personal information with cryptography. “IMO…
Read more
While the overall cryptocurrency market remains relatively stable, meme coins have been gaining momentum, with Dogwifhat emerging as a front-runner. The red-hot Solana-based meme coin has recently reached a new all-time high, becoming the third largest meme coin by market cap after Dogecoin and Shiba Inu. Starting the day at $3.21, the coin experienced sideways…
Read more
Western Europe has emerged as a leading region in global crypto adoption, attracting a substantial number of daily traders, ranging from 1.2 million to 1.5 million individuals. According to a new research from Bitget, Germany and France are at the forefront of activity in the region, while Austria has experienced the most significant yearly growth, witnessing…
Read more
Crypto custody firm Copper reportedly threw a London party where attendees were served sushi off two partially-clad models. The Financial Times reported Wednesday that the private function, dubbed “The Copper Experience,” was held last week. The venue for this event, held after the Digital Assets Summit 2024, was the 5-star Mandrake Hotel in London’s Fitzrovia.…
Read more
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack. The move is expected to provide benefits such as lower fees, faster settlement times, and enhanced security for managing customer funds. Max Branzburg,…
Read more
SingularityNET, Fetch.ai, and Ocean Protocol are reportedly engaged in discussions regarding a potential merger of their crypto tokens to establish a decentralized AI platform and foster collaboration among the three companies. The companies are exploring the creation of an ASI token, which would possess a fully diluted value of approximately $7.5 billion, Bloomberg reported, citing people…
Read more
Traders use platforms like DEXScreener to find the top crypto gainers today. Source: DEXScreener’s X Account With major cryptos likes Bitcoin (BTC) and Ether (ETH) consolidating close to two-week highs in the $70,000 and $3,600 areas, traders are turning to the on-chain shitcoin markets to find top crypto gainers today as they hunt for quick…
Read more
