Dutch authorities arrested a developer suspected of involvement in Tornado Cash on Wednesday, two days after the US government sanctioned the crypto mixing service, according to a statement today from the Dutch Fiscal Information and Investigation Service (FIOD).  The FIOD arrested an unidentified 2...
Binance CEO Changpeng Zhao said his team seized a large portion of the funds stolen during Tuesday's front-end exploit on Curve. In an update Zhao said on Twitter that the centralized exchange froze $450,000 in stolen assets, which the Curve hacker had deposited to the exchange. According to Zhao, ...
Leon Li, founder of crypto exchange Huobi, is reportedly in talks with investors about selling a controlling stake in the company. The deal could value Huobi at as much as $3 billion, according to a report published on Friday by Bloomberg. Li is reportedly looking offload roughly a 60% stake in the ...
Strike, the crypto payments app built on the Lightning Network, announced a new Visa card that will offer spending rewards. The company announced the launch on its Twitter Thursday evening, telling users they can now “take Strike anywhere and earn rewards on everyday spending.” The rollout will begi...
Rune Christensen, co-founder of MakerDAO, has stated that the DAI stablecoin could exit its USD peg by eliminating all of its USD Coin (USDC) exposure. The DAI stablecoin is currently backed 60% by USDC, according to daistats. Christensen made the remarks on the MakerDAO Discord channel on Thursday....
Ethereum core developers discussed possible dates for The Merge on a Consensus Layer Call today, as they prepare for one of the most anticipated events across the industry and in Ethereum's history. The Merge will move Ethereum from proof of work to proof of stake. It's split into two upgrades: Bell...
Jito Labs, a crypto startup building infrastructure to mitigate the negative impact of maximum extractable value (MEV) on Solana, has raised $10 million in a Series A funding round. Sharing the news exclusively with The Block on Thursday, Jito Labs said Multicoin Capital and Framework Ventures co-le...
Investment manager BlackRock has launched a private trust offering US-based institutional clients exposure to spot bitcoin. The trust will be available to US-based institutional clients and will be BlackRock's first product that offers direct exposure to the price of bitcoin. "Despite the steep down...
Derivatives protocol dYdX confirmed on Thursday morning that it blocked user accounts that previously interacted with Tornado Cash, in line with new US sanctions. dYdX added in a blog post that it is working with a "compliance vendor" that flagged certain accounts that had received funds from the T...
LongHash Ventures, one of the top venture funds for Asian web3 startups, announced a new $100 million fund on Wednesday.   LongHash Ventures Fund II was funded by Hashkey Capital, NGC Ventures, Protocol Labs, Gnosis Safe and MEXC among others, according to a release. LongHash hopes its second fund w...

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