Dragonfly Capital eyes $500M for fourth crypto fund
Dragonfly’s new crypto fund will target early-stage projects in the crypto space. Over 100 digital-asset startups are part of the firm’s portfolio.
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Into the storm: The murky world of cryptocurrency mixers
Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit means.For platforms like Tornado Cash, the mainstream verdict is “guilty as charged.” The infamous decentralized mixing protocol was sanctioned by the United States Office of Foreign Assets…

MEGA Chrome Extension Compromised to Steal Users’ Monero
The MEGA Chrome extension version 3.39.4 has been compromised and can now steal user’s Monero in addition to other sensitive information, according to recent posts on Twitter and Reddit. MEGA Chrome extension is a tool that claims to improve browser performance by reducing page loading times, in addition to providing a secure cloud storage service.The…

Ethereum is a ‘dictatorship’ claims Cardano founder Charles Hoskinson
Hoskinson says the Ethereum network is more like a “dictatorship” where Vitalik Buterin exerts too much influence over the development of the decentralized network.

Norway indicts four over alleged $80M crypto scheme
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.

Deloitte Outlines Five Major Obstacles to Blockchain’s Mainstream Adoption
“Big Four” audit and consulting firm Deloitte has outlined five basic areas of development for blockchain technology in order achieve widespread adoption, according to a study published September 28.According to Deloitte, in order to be adopted by enterprises on a mass scale, blockchain technology should overcome five major obstacles – the possibility of time-consuming operations,…

Traders forecast $3K Ethereum price but derivatives data suggests otherwise
Ether (ETH) rallied 35% over the past ten days and reclaimed the critical $2,300 support, but the crucial $2,450 local top hasn't been tested since June 17. Part of the recent recovery can be attributed to the London hard fork, which is expected to go live on Aug. 4. Traders and investors view the EIP-1559 launch…

Vibe killers: Here are the countries that moved to outlaw crypto in the past year
Last week, Pakistan’s Sindh High Court held a hearing on the legal status of digital currencies that might lead an outright ban of cryptocurrency trading combined with penalties against crypto exchanges. Several days later, the Central Bank of Russia called for a ban on both crypto trading and mining operations. Both countries could join the growing ranks…

Northern Data wants to sell Peak Mining to invest in AI expansion
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.