In the ever-evolving world of cryptocurrency, the recent fluctuations of TORN, the native token of the controversial mixer Tornado Cash, reveal a tumultuous journey marked by legal challenges and market speculations. The recent spike in TORN’s value can be traced to a significant court ruling that lifted sanctions imposed by the U.S. Treasury’s Office of
admin
In a significant organizational shift, the Commodity Futures Trading Commission (CFTC) has welcomed Harry Jung as the Acting Chief of Staff, appointed by Acting Chair Caroline Pham. This move signifies not only a transition in leadership but also reflects an increasing focus on the regulation of cryptocurrencies and digital assets within the agency. Jung’s previous
In a significant development for the blockchain and cryptocurrency landscape in the United States, Senator Cynthia Lummis has been appointed the inaugural chair of the newly formed Senate Banking Subcommittee on Digital Assets. Announced on January 23, this position places Lummis at the forefront of efforts to establish a comprehensive regulatory framework governing an industry
Pi Network has emerged as a contentious yet highly popular public cryptocurrency project, positioning itself uniquely in the digital asset landscape. One of the primary milestones outlined by the developers is the launch of the Open Network, which mandates 15 million verified users through Know Your Customer (KYC) submissions. As of early January, reports indicated
In a world where blockchain technology often evokes images of complexity and confusion, the recent alliance between Telegram and The Open Network (TON) emerges as a remarkable solution. With over 950 million active users, Telegram is a household name in messaging, while TON introduces a scalable blockchain capable of processing swift transactions. Together, they aim
As Bitcoin’s price oscillates around the pivotal $100,000 mark, investors find themselves in a precarious position. The asset, which once surged into unprecedented territories, is now displaying characteristics of a potential reversal. Following a swift rebound from the $92,000 level, Bitcoin had previously managed to breach the $100,000 barrier, but its inability to maintain the
Over the past 24 hours, Bitcoin has displayed significant and erratic price movements, sparking concerns among investors and traders. The cryptocurrency, which was flirting with the $105,000 mark, experienced a startling decline, dipping nearly $3,000 to settle around $102,000. This volatility reflects the broader uncertainties plaguing the cryptocurrency market, where a number of other altcoins
In a recent announcement, Coinbase CEO Brian Armstrong shed light on the resolution of considerable delays that plagued Solana transactions on the platform. The delays had raised significant frustrations among users, particularly during periods of heightened trading activity. On January 22, Armstrong took to social media platform X to inform users about the restoration of
In the world of cryptocurrency, Ethereum (ETH) has recently found itself at a crossroads, struggling to gain momentum amid fluctuating market conditions. Over the past few weeks, Ethereum’s price has underperformed, leaving many stakeholders in a state of disappointment, particularly in light of last week’s flash crash that significantly heightened volatility. This downturn raises concerns
The cryptocurrency landscape is no stranger to controversies, particularly surrounding practices that undermine market integrity. A significant development unfolded recently with the news that CLS Global, a Dubai-based crypto market maker, plans to plead guilty to charges stemming from wash trading activities on the decentralized exchange Uniswap. This decision follows revelations from a comprehensive investigation