Crypto News

Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says

The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.Source link

CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds

Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%.Source link

Group Urges Nigeria to End Naira Float, Reinstate Subsidies

The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce subsidies in the power and energy, agriculture, and transportation sectors. In a communique, the Multidisciplinary Finance Professionals (MFP) said the Nigerian government should not determine the value of the naira. Instead, the group said the West African nation should optSource link

Long-Dormant Wallets Tied to $2B PlusToken China Ponzi Moves 2.8K Ether

In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others.Source link

US Bitcoin ETFs Bleed $148.56M While Ethereum ETFs Cash In

Based on the latest data, spot bitcoin exchange-traded funds (ETFs) experienced net outflows of $148.56 million on Tuesday. Conversely, spot ether ETFs saw a positive inflow of $98.30 million during the same period. $148M Vanishes From Bitcoin ETFs While Ethereum ETFs Rake in $98M On Aug. 6, as the crypto market began to recover fromSource link