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The Bitcoin Cash price prediction shows that BCH may head toward the channel’s lower boundary which could later settle in consolidation. Bitcoin Cash Prediction Statistics [...]
Solanas market cap could reach 50% of Ethers due to its superior transaction throughput, according to asset management giant VanEck.
Judge Failla's ruling emphasized that the government only needs to prove that Storm knew he was handling proceeds from a crime.
A short summary of the recent decision regarding the Tornado Cash case.
Israels promoting a new plan to abolish 200 shekel banknotes, forbid possession of physical gold & silver, and use AI for enforcement, while Gaza's state of cash deteriorates. By Efrat Fenigson.
Ben Arc and the talented team of developers behind LNbits are helping users do more with Lightning.
German law enforcement has made progress against cybercrime by closing 47 cryptocurrency exchanges engaged in money laundering and other illegal acts. The operation, conducted under the leadership of the Attorney General’s Office in Frankfurt, along with the Federal Criminal Police Office, was part of a broader effort to take down such platforms that did not […]
The Van Loon plaintiffs will present their case before the Fifth Circuit, challenging Tornado Cash's inclusion on the SDN list.
Since Augusts recovery, Bitcoin Cash BCH found it difficult to break lower as it reestablished support with a slight bounce. It appeared strong on the day following a 15% surge since the start of the week. Last months trading marked the end of a major correction for BCH as it […]
Using technologies like Nostr and Chaumian ecash, the Financial Anarchist challenges the status quo, aiming to reclaim economic sovereignty and disrupt centralized financial power through Bitcoin.
BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.
Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.
The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star Xu, any account found to be exploited by Tornado Cash or other authorized firms like Garantex would be cancelled without delay. okx 1. Garantex Tornado cashokx 2. okx https://t.co/MTJ7OtQRny Star (@star_okx) August 9, 2024 Tornado Cash Controversy Tornado Cash is recognized for hiding crypto transactions, which unscrupulous people exploit to launder money and commit other crimes. The firm is under more regulatory scrutiny after the US Treasury Department penalized it in 2023 for allowing over $7 billion in unlawful transactions. Related Reading: Bitcoin NVT Golden Cross Gives Bottom Signal: What Happened Last 2 Times OKX Compliance Measures Nowadays, OKX’s risk control systems are programmed to automatically find and close accounts linked to Tornado Cash or another approved company. Xu underlined that the interaction is necessary to follow relevant sanctions rules, particularly those enforced by the United States. OKX’s Tornado Cash crackdown follows allegations of the service sending stolen money via protocol attacks. On August 7, the Rain crypto exchange hacker laundered 1,155 Ether using Tornado Cash. #okx #urgent ALL @okx EXCHANGE USERS ARE AT RISK Since 2019, I have been a partner of the OKX exchange, recommended it to you and actively used it myself. Until today, it worked honestly and stably. But today, I regret to admit that the exchange policy and all the pic.twitter.com/fQiDRj6aHO Satoshi Friends (@slezisatoshi) August 8, 2024 Response To User Concerns Xu said that the user has before made large transactions via approved exchanges or DeFi systems. The individual was still allowed to withdraw clean money before their account was banned nonetheless. Emphasizing that OKX cannot provide services to sanctioned individuals or companies, Xu clarified that compliance concerns made it impossible to move data from an old account to a new one. Xu informed the wider user base that most consumers operate distant from approved businesses, hence most of them are unlikely to be harmed. He underlined that preserving the commitment of the exchange to financial integrity and regulatory compliance depends on these steps. Related Reading: Dogecoin Price (DOGE) Poised for a Steady Increase, Inspired by Bitcoin Impact On Tornado Cash OKX’s deactivation of Tornado Cash accounts follows a crypto industry trend towards regulatory compliance and legality. Binance and Kraken both delist privacy coins and prohibit mixing. Roman Semenov, Alexey Pertsev, and Roman Storma trio of Russian immigrants living in Europefounded Tornado Cash in 2019. Pertsev was sentenced to five years in jail in May 2024 for breaking anti-money laundering regulations with transactions utilizing Tornado Cash. Featured image from Pexels, chart from TradingView
OKX warned that users transferring funds to or from sanctioned entities will have their accounts closed.
Bitcoin Cash (BCH) finds itself at a critical juncture as it endeavors to stage a comeback following a period of market turbulence. Currently trading in the $320 range, BCH has managed to hold above a crucial support level that previously cushioned its fall during July’s market downturn. The recent market
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
"Then they fight you" has finally arrived. Financial privacy is in the crosshairs and Bitcoin's promise as "freedom money" is at stake. From "The Privacy Issue".
Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states.
In an interview, Paytacas CEO shared the number of merchants locally and internationally that are now accepting BCH via their POS.
Bitcoin Csh (BCH) hs witnssd notbl ris ovr th pst month, xprincing significnt 20% pric incrs tht pushd its vlu bov $450. Howvr, this rpid surg promptd wv of quick profit-tking, cusing subsqunt pric dclin. In rly August, BCH droppd to low of $273, nd within th pst wk, th […]
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