In the week following the sanctioning of the Tornado Cash website by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the price of the token underpinning the system is down 56%,…
The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official digital ruble rollout in a few years. According to the Bank of Russia’s…
Bitcoin (BTC) could not overcome the barrier at $25,000 on Aug. 11 even though it had two catalysts in the form of a “favorable” Consumer Price Index print and news that BlackRock —…
Crypto mixer Tornado Cash is once again mentioned among money laundering allegations. The Fiscal Information and Investigation Service (FIOD), responsible for investigating financial crimes in the Netherlands, has arrested a 29-year-old developer suspected…
The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to…
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The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make…
Bitcoin (BTC) headed lower on Aug. 12 as a broadly expected comedown from two-month highs began to take shape. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average becomes pivot Data from…
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