Tornado Cash developer Alexey Pertsev has reportedly been indicted by Dutch prosecutors. They accused him of laundering $1.2 billion. Pertsev’s lawyer confirmed the prosecution’s intention to prosecute his client. According to Dutch prosecutors, cryptocurrency mixing services are not “inherently illegal,” but using them to launder criminal assets is punishable. Dutch prosecutor (…)
Author: Crypto Flexs
Read More
A recent UN report highlights North Korea’s significant role in sanctions enforcement and cyberattacks specifically targeting cryptocurrency companies amid nuclear concerns. The United Nations Security Council has released a new report indicating North Korea’s involvement in cyberattacks, which now accounts for nearly half of the country’s foreign exchange earnings, is expanding, Nikkei Asia reported. Although the investigation is still ongoing, the report points out that North Korea has already made about $3 billion due to insufficient security measures by protocols, companies, and other cryptocurrency-related entities. The report is not legally binding, but could allow the Security Council and member states…
This blog post exposes threats to the Ethereum network that existed from the Merge to the Dencun hard fork. background Prior to the merge, various message size limits were set for RPC communications to protect clients from denial of service (DOS) attacks. These restrictions, which apply to messages received via HTTP endpoints, are passed on to the Engine API, which plays an important role in connecting execution and consensus layer clients during block creation. The engine API’s participation in block generation allows block generation to exceed the RPC size limit for some clients but remain within an acceptable range for…
Bitcoin price began a strong recovery in the $60,800 region. BTC is up nearly 10% and currently faces a hurdle near $68,800 resistance. Bitcoin price began a significant rise above the $60,800 support zone. The price is trading above $64,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $65,000. To start a new uptrend, the pair needs to clear the $68,800 resistance area. Bitcoin price recovers 10% Bitcoin price extended its decline below the $62,500 level. BTC surged below…
Conflux Network, a layer 1 blockchain project based in China, is collaborating with fintech firm AnchorX to launch a Hong Kong dollar-backed stablecoin as early as the second quarter of this year.Conflux founder and CEO Fan Long told The Block in an interview that the AnchorX team is hoping to launch the “AxHKD” stablecoin as soon as possible.“We want to be able to move forward as quickly as possible,” Long said. “If it goes quickly, people will probably be able to get it on the exchanges in the second quarter. This is the fastest possibility. But a lot will depend…
join us telegram A channel to stay up to date on breaking news coverage Dogecoin20 (DOGE20), a new meme coin focused on community and high-yield staking, has raised an impressive $3.9 million in funding in just five days. Beyond its dog-themed origins, this coin promises to provide diversification within the meme coin market and provide a cheaper version of Dogecoin. How Dogecoin20’s staking system rewards users and increases stability Dogecoin20, the latest meme coin sensation, is reshaping the landscape with its community-driven approach and innovative staking system. This mechanism not only rewards users with a stake in the project’s success,…
A new dollar-backed stablecoin has been launched on the Cardano (ADA) mainnet. Financial company Mehen Released USDM stablecoin was acquired over the weekend, noting that institutional users will spend a day or two onboarding the asset. publisher Called Stablecoins will “slowly arrive on-chain” this week. Mehen says each USDM is backed 1:1 with the US dollar from US-based banks. “USDM represents a paradigm shift in the stablecoin world, bridging the gap between traditional fiat currencies and the decentralized blockchain realm. Supporting verifiable reserves and leveraging the powerful infrastructure of the Cardano network, USDM sets a new standard for stability, transparency,…
Binance must provide Nigerian user data to EFCC as Nigeria’s High Court cites money laundering risks and highlights cryptocurrency’s impact on naira stability. Nigeria’s High Court has ordered Binance Holdings, one of the world’s largest cryptocurrency exchanges by trading volume, to provide detailed trading records of Nigerian users to the Economic and Financial Crimes Commission (EFCC). The guidelines are in response to allegations of criminal activity and money laundering facilitated through Binance’s platform, which the exchange has been contesting in multiple jurisdictions. The EFCC pointed to existing legislation that mandates financial institutions, including cryptocurrency exchanges, to assist in the prevention…
These widgets not only provide advanced analysis of both spot and futures markets, but also integrate seamlessly with existing trading and portfolio widgets. Discover opportunities and open new paths to find alpha. Enhance your trading like never before. Introduction to advanced analytics for spot and futures markets Our dedication to your trading experience gives you a suite of widgets to meet a variety of analysis needs. Whether you want to gauge market sentiment with Aggressor Ratio, monitor market activity with Trade Count, or make informed investment decisions with Volatility and Volume, our latest additions offer Comprehensive market data is at…
Bitget Announces Listing of Syncus (SYNC) – Pioneering Treasury-Token Dynamics in DeFi – Chainwire housenewsroomBitget Announces Listing of Syncus (SYNC), a Pioneering Treasury-Token Dynamics in DeFi We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical…