A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. […]
Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $ 148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $ 98.30 million during the same period. $ 148M Vanishes From Bitcoin ETFs While Ethereum ETFs Rake in $ 98M On Aug. 6, …
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers and retailers. The British central bank is developing […]
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$ 6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$ 3 million cryptocurrency deception. An Interpol red notice has been issued …
Over the past day, the crypto economy has grown by 2.57%, reaching $ 2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past …