Exchanges such as Binance, FTX, Huobi, and Bybi were among those that were blocked. Uzbek citizens and corporations will be required by law to conduct transactions only with approved cryptocurrency exchanges beginning on January 1, 2023. In order to conduct business within the borders of this nation, cryptocurrency mining pools, exchanges, and custodians are required … Read more
Binance had decided to take action and become involved by monitoring what was happening at Curve. The majority of the cash that cybercriminals took through the DeFi protocol Curve Finance earlier this week has reportedly been frozen or recovered, as stated by the CEO of Binance, Changpeng Zhao. CZ disclosed on the 10th of August … Read more
The Fight Against Tornado Cash Is Only in the beginning. This past week, the United States government delivered a devastating blow to the entirety of the cryptocurrency industry. Tornado Cash, a cryptocurrency mixer, was sanctioned by the Treasury Department, along with several crypto wallet addresses affiliated with the service. Because of this, the protocol and … Read more
The price of Ethereum has surpassed $2,000 as the network nears the merge event. According to data provided by CoinMarketCap, the cryptocurrency known as Ethereum (ETH) kept its upward momentum and, late on Friday night, recaptured the level of $2,000 for the first time since May. At the time of this writing, the value of … Read more
Axie Infinity removes prizes from the original game, gently encouraging pay-to-play gamers to switch to the new mode. Axie Infinity (AXS), a play-to-earn (P2E) blockchain game, has completely eliminated the token incentives from its original game mode in order to attract its fans to a new game mode called Axie Infinity Origin. The developers of … Read more
Defi lending protocol Maple Finance has initiated a liquidity pool with a total value of thirty million dollars, which is supported by Maven 11, a crypto-native investment firm based in the Netherlands. Maven 11 has announced that the introduction of the lending pool will assist institutional businesses in their search for new income alternatives. Liquidity … Read more
It was announced on Wednesday that the government of Uzbekistan had restricted access to a number of large international cryptocurrency exchanges due to allegations of non-licensed activity. This comes after the government of Uzbekistan had previously made significant strides toward a more moderate approach to cryptocurrencies. In a statement dated August 10, the National Agency … Read more
A civil enforcement action was brought against a man by the Commodity and Futures Trading Commission (CFTC) today. The guy is accused of conducting a Bitcoin Ponzi scheme with a total value of $12 million in order to fund his extravagant lifestyle. Rathnakishore Giri of New Albany, Ohio, is accused of pretending to be a … Read more
The action was taken a month after Vauld halted withdrawals in July. The Enforcement Department (ED) has frozen bank deposits worth Rs 64.67 crore belonging to WazirX. The ED is taking this most recent action as part of its continuing investigation into possible instances of money laundering involving at least ten cryptocurrency exchanges. In a … Read more
It appears that the Discord server and Tornado DAO governance forum that were tied to the crypto mixing service Tornado Cash, which was recently sanctioned, have been disabled. The Office of Foreign Assets Control of the United States Treasury blacklisted Tornado Cash on Monday. Tornado Cash is a mixing tool that focuses on Ethereum transactions. … Read more