CoinStats exploiter moves almost $1M to Tornado Cash

Crypto taxation remains to be a controversial space, though some transparency is expected.

The attacker targeted both the BNB Smart Chain and the Arbitrum network. CoinMarketCap data shows that DEI price dropped 30% following the security incident. Own this piece of history Collect this article as an NFTDecentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker…

California’s AB 2658, a bill that calls for the establishment of a working group on blockchain technology, has passed both houses of the state legislature and will now head to the governor for approval, according to public documents. The bill would would define blockchain as “a mathematically secured, chronological, and decentralized ledger or database,” and…

The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. 286 Total views 6 Total shares The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.Working

As part of its partnership with Near protocol, Ardanawill build a bridge for asset transfer between Cardano and NEAR. 245 Total views 35 Total shares Ardana, Cardano’s growing stablecoin hub, announced a strategic partnership with Near protocol on Nov. 23. The partnership allows for asset transfer between the two protocols in which Ardana will provide…

The US Federal Reserve is expected to begin lowering its benchmark interest rate in September.

The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.

Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal of the technological, infrastructural, regulatory and…