Kronos Research Hacker Transfers $3.7M to Tornado Cash
The hacker behind the $25 million Kronos Research exploit has transferred another $2.6 million worth of Ether to Tornado Cash. The perpetrator responsible for the $25 million Kronos Research breach has transferred an additional $2.6 million worth of Ether to Tornado Cash, a cryptocurrency blending service. The 700 Ether transfer originated on May 21 from […]
Martin Gruenberg to step down as FDIC Chairman
Republicans and Democrats have criticized Martin Gruenberg since an independent investigation uncovered various workplace issues at the FDIC. Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC) of the United States, will resign in the wake of a damning investigation that exposed the bank regulator’s poisonous corporate culture. Martin Gruenberg announced his intention […]
Bitcoin Surges in Japan, Argentina And Philippines
Bitcoin price hits an intraday and six-week high of $71,650 on May 21, following a gain of more than 7% over the past 24 hours. Following a 7% daily advance, Bitcoin reached all-time highs in several Asian and South American countries, bringing the cryptocurrency closer to its all-time high against the U.S. dollar. On May […]
Kraken Exchange Considers Phasing Out Tether (USDT)
Kraken Exchange contemplates the gradual removal of the Tether (USDT) stablecoin from its platform in light of the forthcoming MiCA regulation. The potential implementation of a regulatory framework for digital assets in July could result in the removal of USDT, a stablecoin anchored to the United States dollar, from the Kraken trading platform. Will Tether […]
Vitalik Buterin Outlines Future Steps for Ethereum’s Decentralization
Vitalik Buterin Details Ethereum’s Decentralization Plans with PeerDAS, Verkle Trees, and EIP 4444 to Improve Node Accessibility and Staking. Co-founder of Ethereum Vitalik Buterin has provided insight into the forthcoming developments that will strengthen the permissionlessness and decentralization of the Ethereum network. Buterin’s discourse from an Ethereum developer interop in Kenya encompassed continuous technical advancements […]