Tornado Cash DAO shuts down as it “can’t fight the US” and keep contributors safe

CryptoSlate spoke exclusively with a member of the Tornado Cash team who has been granted anonymity for their own protection and will be referred to as “TC Member” for the sake of... Read more »

Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750

Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethereum... Read more »

India’s ED freezes $46 million of Vauld’s funds on money-laundering charges

Singapore-based Crypto Lender Vauld is facing money laundering charges in India after $46.5 million (3.70 billion Indian rupees) was frozen from its local entity, Flipvolt Technology. India’s Enforcement Directorate (ED) confirmed in... Read more »

MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3.5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions. MakerDAO is considering... Read more »

A World War could trigger ‘an immense spike’ in Bitcoin price, adoption, Covalent CEO says

Since the outbreak of war in Eastern Europe, Bitcoin and cryptocurrency have featured on both sides of the conflict. In the case of Ukraine, at the start of the war, government officials... Read more »

Developers write code to prtotect NFT projects from the ‘Aoki Curse’

Azuki developer Cygaar_dev has jokingly written code that would prevent Steve Aoki from buying NFT projects — to avoid the “Aoki curse.” NFT project owners, tired of @steveaoki buying into your project... Read more »

Curve Finance DNS exploit resolved

Over $530k was stolen from Curve Finance Tuesday after a hacker was able to take control of the nameserver to reroute the DNS to a malicious server. The front end of the... Read more »

Coinbase CEO Brian Armstrong says ‘the more regulation there is for crypto, the better it is for Coinbase’

Coinbase CEO Brian Armstrong said on an Aug. 9 earnings call that the company is keen to see “common sense frameworks for regulation” next year within the United States. Armstrong said there... Read more »

Reddit is forging ahead with blockchain adoption push with FTX partnership

As part of its years-long push towards using blockchain to empower its communities, Reddit has partnered with crypto exchange FTX, according to an Aug. 9 press release. The partnership will enable Reddit... Read more »

Ethereum’s rally fueled by speculation on the upcoming Merge

Ethereum has seen its price rise by 40% in the past month while the rest of the market has been licking its wounds from the June price crash. Despite its sheer size... Read more »