CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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"All About Bitcoin" dives into today's top stories affecting crypto markets, including the U.S. Treasury's decision to ban Tornado Cash, claiming the mixing service facilitates money laundering and cyber crime. Ari Redbord, Head of Legal and Government Affairs at TRM Labs, discusses the ban and how it could impact crypto markets. Also, BTIG Managing Director Mark Palmer shares his bitcoin outlook and takeaways from Galaxy Digital's Q2 earnings report.
Ether's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split
Traders buy ETH in the spot market and sell ether futures to withstand volatility, creating backwardation.
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US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored
U S Secretary of State Antony Blinken raised eyebrows Monday when he tweeted that the U S Treasury Department had sanctioned virtual currency mixer Tornado Cash which is a U S sanctioned DPRK state sponsored hacking group used by the DPRK to launder money One hour and three minutes later the tweet had been deleted [...]
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
The Treasury Department says Tornado Cash abetted $7 billion of money laundering, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
Live Wire
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Discovery
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How to Stop Forsage, Meta Force and Other Smart Contract Pyramid Schemes
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What Are Privacy Coins and Are They Legal?
While a vast majority of cryptocurrencies can be said to provide users with some degree of pseudonymity, only a select few can provide total anonymity when sending and receiving transactions.
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Complexity Theater: Why Luna Was the First Time DeFi Complexity Risk Was Transferred to Regular Investors
A reading of essays about complexity from Casa's Jameson Lopp and NLW.
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Nominate Your School for the 2022 Best Universities for Blockchain
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Trending in Crypto
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Markets
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What Is the Definition of ‘Recession?’ And Does Bitcoin Care?
When it comes to bitcoin, the semantics of recession are of little importance.
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Business
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SoftBank Reports Record Quarterly Loss
The decline was attributed to the global sell-off in tech stocks.
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Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s.
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WazirX Co-Founder Nischal Shetty Speaks Out on Spat With Binance CEO
Shetty said his team has been in discussions with Binance for several months to try and resolve the ownership issue.
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After Countless Bungles, Compass Mining Tries to Change Course
The company that set out to make crypto mining available to retail investors has had to put out its own fires.
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