The Daily Crypto News

Coinbase is covering the bill for a lawsuit filed against the Treasury Department by customers of Tornado Cash, a recently sanctioned cryptocurrency business. Coinbase employees and other users of the mixing service that was blacklisted by the Office of Foreign Assets Control (OFAC) in August are among the six plaintiffs.

According to Bloomberg, the liquidators of the ailing Singaporean crypto hedge fund Three Arrows Capital (3AC) have been granted access to crucial data by a local court, gaining further knowledge about the company's assets. The plea by consultancy firm Teneo to have the liquidation decision for Three Arrows recognized by

Free "Invite Only" Mint Offering 1,000 Gen 0 Cryotags; Play "The End" ARG for Last Chance for Exclusive NFT A collection of 1,000 limited edition Genesis 0 Cryotag NFTs for the massively multiplayer online role-playing game (MMORPG) Resurgence has just been released by Web3 development studio Emergent Games.

Web3.0 Interest Accounts are a brand-new offering from MetaFi platform Choise.com. Through its own ecosystem, Choise.com customers can now earn interest on accounts using USDT, USDC, and CHO (the platform's native coin). By compiling all of these items into a straightforward, simple-to-use, one-click solution, Choise.com aims

As a result of Ethereum's (ETH) switch from proof-of-work (PoW) to proof-of-stake (PoS), the Japanese cryptocurrency exchange bitFlyer has stated that it will "pay close attention" to any hard forks that may occur and that forked tokens that rely on PoW could be supported. BitFlyer stated in a blog post

News NFT * Within the MEW wallet app, MEW (MyEtherWallet) has introduced a mobile non-fungible token (NFT) Manager. The solution is a simple way to use Apple or Android mobile devices to access NFTs while on the go. * Applications are being accepted for the upcoming session of the Web3 Artist Cohort

Spain's Madrid on August 11, 2022 The largest in-person virtual reality (VR) event in the world is being hosted by MundoCrypto, the top bitcoin training academy in Spanish-speaking nations, while they also introduce their own Metaverse. On August 27, 2022, at the WiZink Center in Madrid, 7,500 visitors will

The introduction of cryptocurrency exchange platforms might happen as early as next year thanks to a number of significant South Korean securities companies, many of which might be connected to significant commercial banks and business organizations. According to Newspim, "seven prominent domestic securities companies" are hoping to start "virtual asset

The revolutionary multi-chain minting engine for Polarys, a brand-new and exciting Web3 startup that intends to make utility NFTs available to businesses of all sizes, has been launched, and the team is currently minting its Genesis utility NFT collection. The sale of this unique collection, which was only ever produced

In Brazil, the dominant Latin American e-commerce platform Mercado Libre has launched Mercado Coin, its own cryptocurrency. The company, which is sometimes referred to as the LATM region's answer to Amazon, has made a number of optimistic steps in relation to cryptocurrencies in recent months. The business started taking bitcoin

Celsius's creditors have called the company's CEO's earlier assurances "empty and fraudulent" and want to prevent the bankrupt crypto lender from selling its mined bitcoin (BTC) reserves. In New York, where the case is now being tried, the corporation files for bankruptcy. However, the creditors' attorneys said in a letter

Rune Christensen, the founder of MakerDAO (decentralized autonomous organization), has urged the community to think about depegging Maker (MKRstablecoin )'s DAI from USD and maybe (slowly) dipping into ethereum (ETH), which Vitalik Buterin claimed would be a "bad idea." Christensen wrote to the participants in the DAO's Discord channel, as

The bear market is in full swing, and the prices of cryptocurrency tokens have just dropped dramatically. In a bear market, these price drops are typical, so investors shouldn't get alarmed. Beginner cryptocurrency investors are more likely to lose money when they sell profitable crypto businesses during a bad market.

Due to its decentralized, quick, safe, and affordable transaction procedure, the cryptocurrency market has captured the interest of many people all over the world by offering innovative options for digital storage and electronic payments. This article will discuss the Petrousus (PSUS) token, a new cryptocurrency that has the potential to

Financial News * As the blockchain payments business seeks to expand, Ripple Labs is considering buying at least some of the assets of bankrupt cryptocurrency lender Celsius Network, according to a representative for Ripple, as reported by Reuters. It further stated that the representative would not confirm whether Ripple was considering

Leaders in the crypto business spoke on Wednesday about how the market's recent collapse has changed the environment. Following the LUNA/Terra crash in May, a series of events have been set off. The ensuing market collapse that occurred during the so-called crypto winter led to closures of crypto institutions,

Despite the UN's declaration that access to the internet is a fundamental human right in its 2011 report, millions of individuals in developing nations, many of whom live in Latin America, still lack the resources for a basic WiFi connection. This is because a small number of dominant Internet service

After reaching 9.1% in June, the US consumer price index (CPI) saw an annual increase of 8.5% in July, which is less than anticipated and points to an inflation peak and potential cooling. According to economists surveyed by Bloomberg, inflation would rise by 0.2% from June to

When a firm reaches a specific stage, it raises money to fund the next stage. When companies need more capital to scale than they have, this happens. Crypto companies aren't immune but have more options. A crypto company that wants money must raise funds. Too early or too late in

One of the most well-known cryptocurrency mixing platforms in the world, Tornado Cash, has received approval from the US Treasury Department. According to the sanctions, the government has forbidden the crypto mixer from providing any kind of transaction to people in the United States. The Office of Foreign Assets Control

Chainlink will continue to run on Ethereum after the Merge to proof-of-stake. Chainlink's viewpoint aligns with the Ethereum Foundation and its community. After the Merge, Chainlink won't support forked Ethereum blockchains. This includes PoW forks. Following the Merge, Chainlink has announced that its services would continue to run on the

Ethereum Merge is the market's most-anticipated event (potentially in September). As expected, ETH supporters are optimistic since it would improve network efficiency and reduce environmental impact. Many key actors have plotted their next steps as the shift nears. Comment? PoW to PoS would integrate ETH's mainnet with the Beacon Chain.

People look forward to the positive aspects that are typically found in arts and entertainment in a world that is always filled with violence, sadness, and insecurity. Social networking is obviously quite popular today, especially among young people. It appeals to young people's creative side. They require a way to

Vitalik Buterin lists 'worthwhile' ideas for developers to work on at ETH Seoul 2022, an Ethereum and blockchain-focused event in South Korea. First, the Ethereum genius pushed developers to design rollups, a scaling solution that rolls up transactions to reduce costs and increase performance. He called for greater work on

This change to the blockchain – the switch from the proof-of-work (PoW) to the proof-of-stake (PoS) consensus mechanism – has been on Ethereum's plan since its conception (ETH). Long-term impact on Ethereum projects, developers, and consumers should be the focus. PoS on the Ropsten testnet will help scale Ethereum for general acceptance,