One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform.
Storm Out on Bail After Indictment for His Role in Running Tornado Cash
Roman Storm, a co-founder of the cryptocurrency…
Bitcoin, Ethereum Technical Analysis: BTC Largely Unchanged, Despite Fed Chair Powell's Inflation Warning – Market Updates Bitcoin News
August 27, 2023
Bitcoin remained largely unchanged on Saturday, as markets were mostly unmoved by comments from the Federal Reserve’s chair, Jerome Powell. Speaking at the annual Jackson Hole symposium, Powell hinted that more hikes were in the cards. Ethereum moved back towards a recent…
Shiba inu was one of Saturday’s notable gainers, as price rebounded from recent lows to start the weekend. Today’s rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday.
Shiba Inu (SHIB)
Shiba inu…
Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days – Defi Bitcoin News
August 27, 2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July 29.
Ether Held in Liquid Staking Jumps From 10.65 Million to 11.33 Million in Less Than a Month
Over…
Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report – Exchanges Bitcoin News
August 26, 2023
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer…
After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sales in just 24 hours.
Trump’s Unprecedented Mugshot…
JPMorgan Analysts: Crypto Bear Market on the Brink of Conclusion – Market Updates Bitcoin News
August 26, 2023
A study of CME Group’s bitcoin futures and open interest indicates the crypto bear market may be approaching its end, according to JPMorgan analysts led by Nikolaos Panigirtzoglou. The bank’s market experts suggest that there’s “limited downside for crypto markets over the near term.”
Reversal on the Horizon? JPMorgan Sees Limited Downside for Crypto Going Forward
Over the past…
Mastercard and crypto exchange Binance are ending their partnership for crypto cards. According to the payment giant, the decision will affect all four of Mastercard’s co-branded crypto card programs with Binance in Argentina, Brazil, Colombia, and Bahrain.
Partnership…
Bitcoin, Ethereum Technical Analysis: BTC Traders Jittery, as Federal Reserve Symposium in Jackson Hole Is Under Way – Bitcoin News
August 26, 2023
Bitcoin marginally declined during Friday’s session, concurrent with the ongoing Federal Reserve symposium in Jackson Hole. The Chair of the Fed, Jerome Powell will be speaking at the annual meeting, and providing guidance on the upcoming policy decision. Ethereum also…
Crypto Collapse: Prime Trust's Fall From Grace and the Disappearing Wallet Mystery – Bitcoin News
August 26, 2023
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on the stablecoin terrausd, and problems accessing customer funds held in cold storage wallets as contributing factors.
From Cold Storage to Cold Reality: The Dramatic Decline of Prime Trust
In a declaration filed along with the bankruptcy petition on August 24, Prime Trust’s…
