Author: coinadrenaline

The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges.“Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments, we have exercised our discretion to remove the economic sanctions against Tornado Cash as reflected in Treasury’s Monday filing in Van Loon v. Department of the Treasury,” the Treasury Department stated.  Quick Overview of the Tornado Cash Story Tornado Cash was launched in 2019 as a…

Zoth, an Ethereum-based platform focused on tokenized real-world assets, suffered a second major security breach in less than three weeks on March 21, with attackers draining $8.85 million in digital assets.The company confirmed the breach and is working with security experts to investigate the incident.Zoth is also offering a $500,000 bounty for information leading to the identification of the hacker responsible for the recent $8.85 million exploit.The hack, which occurred early on March 21, involved the attacker compromising an admin key and gaining control of a Zoth proxy contract. The hacker upgraded the contract, enabling unauthorized fund transfers.Onchain analysis shows…

Wood called for possible meme coin investors to be aware of the dangers of supporting these assets, stating that most will not be worth much. Nonetheless, some will become digital collectibles, like TRUMP. Ark’s Investment Cathie Wood States Most Meme Coins Will Be Worthless Meme coins, one of the latest verticals in the cryptocurrency market, […]

Coinbase Global Inc. is in advanced discussions to acquire Deribit, the world’s largest bitcoin and ethereum options trading platform, as the U.S. crypto exchange seeks to expand its derivatives offerings, according to a Bloomberg report citing people familiar with the matter. Coinbase in Advanced Talks to Acquire Crypto Derivatives Giant Deribit: Bloomberg Report According to […]

Community & educationAAvolution: Account Abstraction VillageAccount abstraction event held in Paris, covering topics such as the history of account abstraction, key catalysts to mass adoption, and the future of account abstraction wallets.Community & educationBundleBear0xKofiDatabase and dashboard providing transparent and verifiable insights into ERC-4337 users, operators, and activity.Community & educationCampus Developer WorkshopsETHAccraDeveloper workshops taught in universities across Ghana, covering blockchain and Ethereum basics, smart contract development, and web3 front-end and back-end development.Community & educationDevconnect İzmir Side EventBlockchain DEUMeetup held in İzmir, Türkiye to introduce attendees to Ethereum and the importance of layer 2 (L2) solutions.Community & educationDeveloper Onboarding Experience in Farsi…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Open interest in Bitcoin trading is a crucial metric to assess the market’s current sentiment on the digital asset, including potential price movements. In theory, an increase in Bitcoin’s open interest suggests liquidity, which can also support an ongoing…

Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg.Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC) and Ether (ETH) options — would bolster Coinbase’s existing derivatives platform, which currently focuses on futures. Coinbase and Deribit have reportedly alerted regulators in Dubai to the deal talks. Deribit holds a license in Dubai, which would need to be transferred to Coinbase if a deal goes through, according to Bloomberg, which cited unnamed sources. In January, Bloomberg reported that a deal with Coinbase could value Deribit at between $4 billion and…

Ethereum whales are doubling down on the top altcoin by market cap with an impressive $236 million buy wall in three days. Ethereum (ETH) price continues to trade below $2,000, struggling amid recent sell-off pressure. However, whales, or large-scale investors with substantial ETH holdings, are unfazed. In fact, on-chain data shows that the world’s largest altcoin by market cap has attracted significant buying activity from large holders. On March 21, crypto analyst Ali Martinez shared a chart showing a spike in whale accumulation of ETH. According to the analyst, the latest dip that saw Ethereum’s price retreat from above $2,000…

The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran Gambaryan.Nigerian Information Minister Mohammed Idris told Semafor that many crypto businesses operate inside the country that are not facing litigation or criminal prosecution.“This is part of the effort to strengthen our laws, not to cripple anybody. We are ensuring that no one comes and operates without regulation,” Idris told the outlet.Nigeria filed an $81.5 billion lawsuit against Binance in February, claiming the exchange crashed Nigeria’s local currency, the naira, and…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum has experienced a much-needed surge above the $2,000 level, a key psychological and technical mark that bulls have struggled to reclaim since March 10. This breakout sparked optimism in the market, but the momentum was short-lived, as ETH…