Richard Heart’s $26 Million Tornado Cash Transactions Raise SEC Suspicions

[ad_1] The US Securities and Exchange Commission (SEC) has filed a complaint against Richard Schueler, also known as Richard Heart, alleging that he raised over $1 billion in unregistered securities offerings from retail investors in the United States and abroad.  The SEC claims that Heart operated through three unincorporated alter-ego entities, Hex, PulseChain, and PulseX,…

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Ethereum MEV Bots See One Of The Most Profitable Days Due To Exploit

[ad_1] Ethereum MEV Bots have recorded one of their most profitable days due to the Curve Finance exploit. Ethereum’s core developer Eric Connor made this revelation in a couple of tweets on the X platform.  Today has produced some of the largest MEV reward blocks in Ethereum’s history. Slot 6,992,273: 584 ETHSlot 6,993,342: 345 ETHSlot…

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Bitcoin Active Addresses Decline, Investors Losing Interest?

[ad_1] On-chain data shows the Bitcoin active addresses metric has been decreasing recently, a sign that investors may be losing interest in BTC. Bitcoin Active Addresses Have Taken A Hit Recently As an analyst on X pointed out, the active addresses metric may signal that the network activity has dropped recently. The “daily active addresses”…

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Eight Years of Ethereum: A Walk Down Memory Chain

[ad_1] In July 2015, the Ethereum blockchain was launched by Vitalik Buterin and his team of co-founders. With its native cryptocurrency Ether (ETH) and smart contract functionality, Ethereum aimed to become a decentralized world computer that could execute peer-to-peer agreements and applications. Over the past eight years, Ethereum has cemented itself as the leading smart…

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South Korean Exchange Upbit Suspends Curve (CRV) Deposits And Withdrawals Following Exploit

[ad_1] In light of the recent security breach that affected Curve Finance’s CRV token, South Korean-based cryptocurrency exchange Upbit has announced a temporary suspension of deposits and withdrawals for the token.  Upbit Advises Caution Amid Volatility Upbit’s precautionary suspension of all CRV deposits and withdrawals occurred after a reentrancy attack on the Curve Finance platform.…

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Another Crypto Powerhouse Could Be Rising Following $30 Million Investment From Animoca

[ad_1] Popular blockchain gaming software Animoca Brands has announced that it is investing $30 million in Hi, a crypto exchange startup headquartered in Hong Kong. The announcement is particularly groundbreaking, given that around the world, funding for cryptocurrency platforms is increasingly becoming rare due to economic uncertainty and growing regulatory challenges.  A Partnership That Works…

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Maker Rallies 23%, But This Metric Suggests Top May Be Here

[ad_1] Maker (MKR) has enjoyed a sharp 23% rally today, but if the data of this on-chain metric is anything to go by, this rise may not last too long. Maker MVRV Ratio Has Registered A Surge In Recent Days The past month has been great for Maker investors, as the asset’s value has gained…

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Malaysia Seizes 34 Crypto Mining Servers Running On Stolen Electricity

[ad_1] In a series of crackdowns on illegal crypto mining operations in the town of Miri on the island of Borneo, Malaysian authorities have seized a total of 171 cryptocurrency mining servers using stolen electricity. The discovery of a covert mining operation was made possible through a tip-off from the public, and it sheds light…

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Crypto Investment Products See Second Week Of Capital Flight

[ad_1] According to a report by CoinShares published today, crypto investment products have experienced a second consecutive week of capital outflows, indicating a potential shift in investor sentiment. The report, titled “Volume 142: Digital Asset Fund Flows Weekly Report,” was authored by James Butterfill. Crypto Investment Products See Waning Interest “At the half year mark,…

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