Coinbase-backed crypto investors sue Treasury over Tornado Cash sanctions
Coinbase says the Treasury overstepped with Tornado Cash sanctions. A new complaint has been filed in the U.S. District Court for the Western District of Texas. Six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash filed a lawsuit against the U.S. Department of the Treasury on Thursday, alleging that its recent addition of […]
Péter Szilágyi Ethereum’s lead developer salvaged Avalanche’s $24B ecosystem
Péter Szilágyi discovered a flaw in Avalanche’s PeerList package on March 29, 2022 Péter Szilágyi, an Ethereum developer, has published a vulnerability report explaining how a fault he discovered in Avalanche would have brought down the entire network. Péter Szilágyi discovered a vulnerability in Avalanche’s PeerList package on March 29, 2022, which a bad actor […]
$30M Recovered From Axie Infinity Hack
Axie was hacked this year for $600 million The crypto analytics company Chainalysis revealed on Thursday that it had assisted in the recovery of around $30 million taken from Axie Infinity earlier this year. Law enforcement officials were able to retrieve the assets, which were taken by Lazarus Group , a North Korean hacker group […]
Investors eye $0.4 for Bake Token (BAKE)
Due to range-bound pricing, Bake Token (BAKE) has had difficulty rising over the crucial $0.29 resistance level. The cost of Bitcoin (BTC) varied for weeks between $19,500 and $20,000 before stalling on subsequent movements. This jagged movement has made it difficult for the majority of altcoins, notably Bake token (BAKE), to exit a downward trend. […]
Michael Barr US Fed vice chair advocates a harsh position on crypto; OCC acting chief is no kinder
Michael Barr, a former Ripple Labs consultant, in his first address as a Fed official, seems to have a somewhat less positive view of cryptocurrencies than he had in the private sector On September 7, two financial representatives of the US government gave speeches outlining their views on cryptocurrency legislation. They both have misgivings about […]