Alexey Pertsev, the developer behind Tornado Cash, has lodged an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The appeal process is anticipated to take around several months, although it remains unclear whether the appeal has been granted. Pertsev, who received a 64-month prison sentence, has the option to…
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Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US. Bloomberg reported on Wednesday that the company recently filed court paperwork to re-domicile. This follows Circle submitting plans for an initial public offering to the US securities regulator in January. “The initial public offering is expected to take…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: TheDonato Creator (DON) CrazyDog (CRAZYDOG) Pink Ninja (PINKNINJA) Versepool (VPL)…
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Tether is continuing to monitor and punish illicit activities. On May 14, it identified and froze USDT worth $5.2 million in an effort to enforce strict network controls and combat money laundering. The illicit funds were first flagged by blockchain tracking platform MisTrack. The frozen USDT were distributed across 12 Ethereum (ETH) wallets, flagged as…
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The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has given the green light for controlled trials of a national stablecoin that will be pegged 1:1 to the local peso. The move comes as the BSP, in collaboration with crypto wallet provider Coins.ph, aims to explore the potential of a digital currency tied to the…
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Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT. Ardoino didn’t directly mention Ripple or its CEO Brad Garlinghouse. But his comments likely refer to Garlinghouse’s earlier statement expressing concern that scrutiny into Tether could disrupt the cryptocurrency market. Interestingly, Ripple is planning to…
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“Shark Tank” investor Mark Cuban advocated for the Commodities and Futures Trading Commission (CFTC) to oversee all cryptocurrencies. He was responding to Republican presidential candidate Donald Trump’s crypto endorsement on social media, urging the US to stop hindering its development. “If Joe Biden loses, there is a good chance you will be able to thank…
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Leading financial institutions on Wall Street are shifting their focus towards industrializing proofs-of-concept (PoCs) developed within the blockchain experiment known as Project Guardian. JPMorgan’s blockchain platform, Onyx, is particularly keen on converting the insights gained from its pilot program with the Monetary Authority of Singapore (MAS) into tangible products. During the TokenizeThis event held in…
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A victim who fell prey to a sophisticated ‘address poisoning’ attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million. The incident involved the victim mistakenly sending wrapped Bitcoin tokens (WBTC) to an attacker who cleverly mimicked their wallet address. However, thanks to the efforts of blockchain cybersecurity firm…
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Erik Voorhees, the founder of popular cryptocurrency exchange ShapeShift, has unveiled his latest venture called “Venice AI.” The new platform introduces a privacy-focused generative AI chatbot, addressing the growing concerns surrounding privacy in both the cryptocurrency and artificial intelligence (AI) industries. In the announcement, Voorhees expressed his worries about the direction of AI, stating that…
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