On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the recent $600 million+ Ronin Bridge exploit. As told by blockchain analytics firm Elliptic, the hackers have sent approximately $80.3 million worth of Ether (ETH) through Tornado Cash. “Maintaining financial privacy is essential to preserving our freedom; however, it should not…
Day: April 15, 2022
ETHEREUM $12 MILLIARDEN KAUF ? LONG TERM HODLER AKKUMULIEREN EXTREM ! ETH Chartanalyse und News
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President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and law professor Michael Barr as the central bank’s vice chair for supervision. In a Friday announcement, the White House said Barr was Biden’s pick to supervise the Federal Reserve and set the regulatory agenda for its leadership. Barr was on the advisory board of Ripple Labs from 2015 to 2017, served as the Treasury Department’s assistant secretary for financial institutions under former…
Want to Dodge Your Crypto Tax? Learn the Risks From Koinly – Sponsored Bitcoin News
sponsored In recent years, the IRS has made one thing abundantly clear – if you make money from crypto, they want their cut. So if you’re underreporting or outright avoiding crypto taxes, be warned: the penalties are steep. Before you take the wrong turn, learn the risks from crypto tax experts, Koinly. Is cryptocurrency taxed? The million dollar question – and the answer is a definite yes. Virtually every country in the world requires you to pay taxes on crypto. The exact tax you’ll pay will vary – but in…
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group – Bitcoin News
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit to the group of hackers and added the crypto address to OFAC’s Specially Designated Nationals And Blocked Persons list (SDN). Ronin Bridge Exploiter’s Address Added to OFAC’s SDN List On April 14, the U.S. government published an OFAC SDN list update which includes…
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Top universities have added crypto to the curriculum
The world of digital assets saw a significant rise last year. The total cryptocurrency market cap reached $3 trillion, making more people, governments and universities take a closer look at the asset class. The presence of crypto in the world’s major economies has created a big opportunity for diverse startups in the industry, leading to a massive demand for digital assets. This newly born market has helped develop more working and educational opportunities, among other things. Furthermore, some of the world’s top universities and educational institutions including MIT, the University…
Price analysis 4/15: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT
Bitcoin and altcoins continue to face selling at higher levels, indicating that the bears are not willing to let go of their advantage. Bitcoin (BTC) remains closely correlated with the S&P 500 but the institutional investors do not seem to be waiting for a turnaround in the United States’ equities market or decoupling to happen before buying more Bitcoin. Notably, 30,000 Bitcoin moved out of Coinbase Pro in a single day, suggesting strong institutional demand. MicroStrategy, the publicly listed company, which is the largest single-wallet holder of Bitcoin, does not seem…
An eye-opening chat with Mr. Wonderful, April 7–13, 2022
The past seven days have reminded me of how lucky I am to have forged a career in the Bitcoin (BTC) and cryptocurrency industry. Cointelegraph sent a contingency of reporters to the Bitcoin conference in Miami, where we got to chop it up with billionaires, business leaders and hedge fund managers. I had the privilege of sitting down with Canadian businessman and Shark Tank star Kevin O’Leary, who actually revealed most of his crypto portfolio. I also got to interview Bloomberg’s senior commodity strategist Mike McGlone, who shed light on…
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