Lawyers: There Are Inconsistencies in Tornado Cash Case

Reading Time: < 1 minute Coin Center, an industry advocacy organization for cryptocurrencies, has declared that recent allegations issued against the two co-founders of the mixer, Tornado Cash, ran contrary to FinCEN rules and guidance.

Lazarus Hackers Store 1,580 BTC in Six Addresses

Reading Time: < 1 minute The Federal Bureau of Investigation (FBI) has discovered that six wallets are linked to North Korean hacker group, Lazarus.

Developing Countries Are Leading CBDC Development: Report

Reading Time: < 1 minute 130 countries are undertaking research on the implementation of Central Bank Digital Currencies (CBDC), according to CoinGecko and the Atlantic Council CBDC tracker.

Most AVAX Addresses Became Unprofitable

Reading Time: < 1 minute In the past month, the price of the cryptocurrency Avalanche (AVAX) dropped by a staggering 25%

Thailand Will Distribute $300 in Digital Currency to Citizens

Reading Time: < 1 minute Thailand’s recently elected Prime Minister Sretta Thavisin has promised to distribute 10,000 baht (~$300) in digital assets to all citizens over 16 years old.

South Korea Confiscates Crypto from Tax Debtors

Reading Time: < 1 minute Cheongju, a city in South Korea, reported this week that it intends to take cryptocurrency away from citizens who don’t pay their taxes.

Rarimo Rolls Out an Identification Plug-in in Web3

Reading Time: < 1 minute Rarify Labs, an Web3 startup, has released their new “Proof of Humanity” plugin, which aims to distinguish between humans and AI bots.

NFT Marketplace Blur Processes Up to 60% of NFT-related Transactions

Reading Time: < 1 minute Data from Messari showed that Blur had surpassed OpenSea to become the top NFT platform in terms of trading volume since its launch in October 2022.

BIS: Cryptocurrencies Pose Risks to Emerging Economies

Reading Time: < 1 minute According to a newly released report from the Bank for International Settlements (BIS), digital asset market vulnerabilities may pose risks to financial stability in emerging market economies.