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Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal – Bitcoin News

September 7, 2023

On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading not guilty to the charges levied against him. Tornado Cash Co-Creator Roman Storm Denies Money…

Another Executive Exits Binance Amid Regulatory Scrutiny – Exchanges Bitcoin News

September 7, 2023

Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for…

Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears – Bitcoin News

September 7, 2023

Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a…

G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister – Regulation Bitcoin News

September 6, 2023

The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework for handling issues related to crypto assets,” she emphasized. India Says ‘Active Discussions’ on Crypto Are…

South Korea Seeks to Freeze North’s Crypto Assets Under New Law – Bitcoin News

September 6, 2023

The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean…

SmarDex (SDEX): Pioneering New Pathways in DeFi, Strides Towards a Deflationary Token Model, Forging Ahead on ARB, Matic, and BNB Chains – Sponsored Bitcoin News

September 6, 2023

Introduction: Should one venture into the expansive realm of decentralized finance, they may undoubtedly discern a conspicuous and dynamic force creating substantial ripples: SmarDex ($SDEX). This entity does not merely constitute an additional entrant within the DeFi…

Decoding the Dominance: A Deep Dive into Ethereum and Tron's Tether Wallets – Featured Bitcoin News

September 6, 2023

Although bitcoin and ethereum dominate the crypto realm in terms of market capitalization, tether (USDT) stands out as the third-largest digital currency by market valuation. Notably, while USDT operates on multiple blockchains, Ethereum and Tron predominantly host its supply. This piece delves deeply into the top ten tether wallets on Ethereum and the most significant tether vaults on…

Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency – Bitcoin News

September 6, 2023

A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency…

Singapore Elects President Who Advocates 'One Regulatory System' for Crypto and Traditional Finance – Regulation Bitcoin News

September 6, 2023

Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants…

Hawaii Man Charged for Making False Security Fund Conversion to Crypto Claims – Regulation Bitcoin News

September 6, 2023

The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the Commission, the man promoted the security to boost its price and bolster the value of his portfolio. Fabricated Documents Used to Perpetrate the Fraud The U.S.