A New York federal judge denied Roman Storm’s bid to dismiss US government charges. Storm is the co-founder of the crypto-mixing platform Tornado Cash. Source: https://cointelegraph.com/news/tornado-cash-roman-storm-trial-december-dismissal-bid-denied?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Stacks (STX) makes 30% gain as mainnet upgrade and stablecoin launch approach
Plans to launch a Bitcoin-pegged stablecoin, an upcoming network upgrade and BTC’s recent recovery could be connected to STX’s 30% rally. Source: https://cointelegraph.com/news/stacks-stx-makes-30-gain-as-mainnet-upgrade-and-stablecoin-launch-approach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Phantom Wallet Joins Dydx, Easing Access for 7 Million Users
Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million Phantom users, aligning with Dydx’s goal to broaden participation in decentralized trading. Phantom Wallet Is Now on Dydx, Enhancing User Access The new integration allows […] Source: https://news.bitcoin.com/phantom-wallet-joins-dydx-easing-access-for-7-million-users/
Wrapped Bitcoin supplied on Aave hits record high despite backing fears
WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama. Source: https://cointelegraph.com/news/wrapped-bitcoin-aave-record-high-despite-backing-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin rallied above $65K, but will BTC price hold this level?
Bitcoin price is back above a key resistance level, but are there sufficient bullish catalysts to sustain the current rally? Source: https://cointelegraph.com/news/bitcoin-rallied-above-65k-but-will-btc-price-hold-this-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US sanctions Russian crypto platforms for money laundering ties
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance. Source: https://cointelegraph.com/news/us-sanctions-russian-crypto-exchanges-illicit-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Swan Bitcoin Claims Former Employees, Tether Conspired to Steal Its Mining Business
Bitcoin company Swan alleged in a lawsuit filed Wednesday that ex-employees of the company, including former executives, conspired to execute a “rain and hellfire” plan to usurp the firm’s Bitcoin mining business. The company further alleges that the scheme was aided by Tether, the cryptocurrency giant responsible for issuing the industry’s largest stablecoin by market capitalization, USDT. The complaint, filed…
Hut 8 Launches GPU-as-a-Service Vertical, Deploys 1,000 Nvidia GPUs
Hut 8 Corp. has officially launched its GPU-as-a-service vertical, marking a significant step in the company’s diversification efforts. The deployment includes 1,000 Nvidia H100 graphics processing units (GPUs), hosted in a Chicago-based tier-three data center, for an artificial intelligence (AI) cloud developer. Hut 8 Deploys 1,000 Nvidia GPUs The new GPU cluster, designed and configured […] Source: https://news.bitcoin.com/hut-8-launches-gpu-as-a-service-vertical-deploys-1000-nvidia-gpus/
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. Source: https://cointelegraph.com/news/watchdog-visa-mastercard-duopoly-spends-millions-blocking-competition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood, Revolut eye entry into the stablecoin market — Report
Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand. Source: https://cointelegraph.com/news/robinhood-revolut-eye-stablecoin-market-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound