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Tornado Cash DAO goes down without explanation following vote on treasury funds

Github, Circle, dYdX, Alchemy, and Infura… All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control.…
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Crypto Biz: A Futurist take on crypto

The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda. You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC)…
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Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June

Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month high earlier in the…
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Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’

The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power stations in Ontario, Canada, that will become crypto mining facilities. On the same…
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UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment

The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to the Financial Intelligence Unit real estate transactions in which virtual currency is used as payment. Similarly, real estate purchases or sales where “the funds used in the transaction are derived from a virtual asset” must…
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Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam

Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using…
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Upland Sustains Mass Market Readiness With All-Inclusive Economy

Upland is a mobile-first blockchain metaverse that allows users to buy virtual properties based on real world addresses, build on those properties to increase their value, and sell them to increase their virtual real estate portfolio. Upland has the unique position to attract mass markets due to the fact that the economy is built to…
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Binance Chief Says Exchange ‘Froze/Recovered 83%+ of Curve Stolen Funds’

Major crypto exchange Binance said it has frozen or recovered more than 83% of the Curve Finance (CRV) stolen funds. According to the exchange’s CEO, Changpeng ‘CZ’ Zhao, “Binance froze/recovered [USD] 450k of the Curve stolen funds, representing 83%+ of the hack. We are working with LE to return the funds to the users.”… Read…
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Bitcoin and Ethereum Keep Moving Lower, HT Rallies

Bitcoin price struggled to clear the USD 24,200 resistance zone and moved below USD 24,000 again. It is currently (11:49 UTC) trading near USD 23,800 and is down almost 4% in a day and up 5% in a week. Besides, most major altcoins are also moving lower. ETH could accelerate lower if it breaks the…
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UK Financial Giant’s Crypto Move, Solana’s Growth, Pudgy Penguins Get Physical + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: UK Financial Giant’s Crypto Move, Solana’s Growth, Pudgy Penguins Get Physical + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card