A 29-year-old developer suspected of being involved in the sanctioned Tornado Cash protocol was arrested in Amsterdam on Friday. Source
Netherlands Arrests Suspected Developer of Sanctioned Crypto-Mixing Service Tornado Cash
Day: August 12, 2022
Netherlands Arrests Suspected Tornado Cash Developer
CryptoX – Cryptocurrency Analysis and News Portal A 29-year-old developer, suspected of being involved in the sanctioned Tornado Cash protocol, has been arrested in Amsterdam on Friday. Original Source The post Netherlands Arrests Suspected Tornado Cash Developer appeared first on CryptoX. CryptoX Portal
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Brazilian payment app PicPay launches crypto exchange with Paxos
Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH). The firm officially announced on Wednesday that PicPay clients can now buy, sell and store two major cryptocurrencies, BTC or ETH, directly on its app. PicPay pointed out that its choice was due to the real use cases provided by these digital assets, including security and many other benefits. The firm stated: “Blockchain technology, which is behind coins like Bitcoin and Ethereum, is already used in…
Three-quarters of institutions to use crypto in the three years: Ripple
A whopping 76% of surveyed financial institutions plan on using crypto within the next three years, according to the report. Ripple’s new report highlights trends in the adoption and utilization of emerging technologies like crypto and blockchain in enterprise and financial institutions. Both financial institutions and enterprises are understanding the benefits of internal crypto usage. The most common reason is that crypto gives more people access to more financial services, says 42% of financial institutions and 41% of enterprises. According to the survey, portfolio management and payments come forward as the most…
Cosmos Hub Soars Over 5% Within 24 Hours
Cosmos (ATOM) coin buyers have clasped on the $10 level as its support zone. Cosmos (ATOM) coin soars by over 5% as seen in the past 24 hours. ATOM still fluctuates wildly as observed in the upwards parallel channel. Coin’s price has made impressive traction and surged by 13% in the past week. According to CoinMarketCap, ATOM is having a sweeping uptrend at $12.09 or an impressive spike of 4.46% as of this writing. Currently, ATOM’s ATH is set at $44.45 which means the bulls have to work a bit…
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Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam – Exchanges Bitcoin News
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using these services. Mercado Libre to Expand Crypto Offering in Latam More companies are extending their services to include cryptocurrency in Latam. Mercado Libre, one of the biggest Latam region retailers, has plans to…
Crypto Derivative Trading Volume Rose for First Time in 4 Months as Market Rallied in July
Leverage, not the spot market, fueled a crypto market July rally that restored $240 billion in market capitalization. While leverage boosts returns, it exposes traders to forced liquidations by exchanges it they can’t meet margin shortages. Therefore, derivatives-led rallies like July’s often inject volatility into the market. That said, overall leverage still remains low compared with early 2021. Source
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