The notorious group of hackers used a combination of crypto mixers and peer-to-peer marketplaces to launder the stolen funds. Source: https://cointelegraph.com/news/lazarus-group-laundered-200m-crypto-since-2020
Month: April 2024
SEC Has Secretly Considered Ethereum a Security Since 2023, Says Consensys in Unredacted Lawsuit
The U.S. Securities and Exchange Commission (SEC) has internally considered Ethereum to be a security for over a year, according to previously redacted portions of a lawsuit filed by software giant Consensys against the SEC that were revealed this morning. Per Consensys’ complaint, Gurbir Grewal, the Commission’s Director of the Division of Enforcement, issued an internal Formal Order on March…
SEC and Gensler believed Ether was security for at least a year
In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether to be a security. Source: https://cointelegraph.com/news/sec-chair-gensler-ether-security-year
OpenAI announces new publishing deal as race to license content hots up
A new strategic partnership between OpenAI and Financial Times aims to integrate FT journalism into its AI models for more accurate and reliable information and sources. Source: https://cointelegraph.com/news/openai-publishing-deals-race-license-content
US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult. Source: https://cointelegraph.com/news/us-stablecoin-bill-dollar-congress
Ethereum Technical Analysis: ETH’s Consolidation Phase Highlights Potential Downward Trajectory
As ethereum continues its price fluctuations, technical indicators on the 1-hour, 4-hour, and daily charts suggest a bearish outlook with mixed trading signals. Despite some bullish undercurrents, the predominant sentiment remains cautious. Ethereum Ethereum’s (ETH) price action has shown a downward trend on the 1-hour chart, marked by a series of lower highs and lower […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eths-consolidation-phase-highlights-potential-downward-trajectory/
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market. Source: https://cointelegraph.com/news/circle-usdc-overtakes-tether-usdt
Omnity rolls out integration for no-fee Runes trading
Omnity protocol is launching an integration for trading of Rune tokens without gas or transaction fees. Source: https://cointelegraph.com/news/omnity-rolls-out-integration-for-no-fee-runes-trading
Primitives Protocol’s Decentralized Social Graph Has Facebook In its Sights
Decentralized social graph platform Primitives Protocol is nothing if not ambitious. “If we can get network effects, we can beat Facebook by tying together all new social applications with our protocol,” Primitives Protocol founder and CEO David Gabeau told Decrypt. The problem with the current social networking landscape is that it’s “ephemeral,” Gabeau said. As social media applications pop up…
Stablecoin firm Tether invests $200M in neurotech company
Tether’s brand new venture capital division Tether Evo has completed a $200 million strategic investment in the neural implant firm. Source: https://cointelegraph.com/news/tether-evo-invests-200-million-neurotech