Category: Uncategorized

Tornado Cash Devs Charged With Helping Hackers Launder B, Including Infamous North Korean Attacks
Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which “facilitated more than $1 billion in money laundering” for North Korea’s Lazarus Group.

Bitcoin Dreams Are Coming True in Argentina and Turkey
It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

The Thermodynamics of Crypto Investing
As the various structural risks of crypto investing change over time, the opportunities for returns change, too.

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge
Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “ZK rollups,” reliant on “zero-knowledge” cryptography.

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday.

NEAR Jumps 5% After Nexo Integration, Bucking Market Trend
Also announced was a partnership with startup Tokenproof.

FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense
Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.

Curve Crisis Shows Pitfalls of Decentralized Risk Management
Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
The service has been released in collaboration with researchers from the University of Toronto.

First Mover Americas: Bitcoin Hovers Below K
The latest price moves in bitcoin (BTC) and crypto markets in context for August 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.