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Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence

Block Q1 BTC Revenue Plunges 51% Amid General Market Turbulence

Block Inc’s Cash App recorded a total Bitcoin (BTC) sale of $1.73 billion in the first quarter of 2022, a figure that plunged by over 51% from the prior quarter

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.

Polkadot and Binance Coin Prices Surge, Flippening Bitcoin Cash and Chainlink by Market Cap

Polkadot and Binance Coin Prices Surge, Flippening Bitcoin Cash and Chainlink by Market Cap

Polkadot (DOT) and Binance Coin (BNB) have climbed up the market capitalization ladder, overtaking Bitcoin Cash (BCH), and Chainlink (LINK).

New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading

New York Regulatory Authority Approves 8 Cryptocurrencies for Listing and Trading

The New York State Department of Financial Services (NYDFS) approved 8 cryptocurrencies for trading, and 10 for custody by licensed entities.

Coinbase Announces Cash Tender Offer for $150 Million of 3.625% Senior Notes Due 2031

Coinbase Announces Cash Tender Offer for $150 Million of 3.625% Senior Notes Due 2031

Coinbase has commenced a cash tender offer for up to $150M of its 3.625% Senior Notes due 2031, expiring on September 1, 2023.

Solana Wallet Developer Cashmere Raises $3M in Seed Funding

Solana Wallet Developer Cashmere Raises $3M in Seed Funding

Solana's enterprise wallet developer Cashmere announced on August 9 that it has raised $3 million in seed funding at a $30 million valuation.

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash Celebrates First Halving, Unveils Canopy The Network's Fifth Upgrade

ZCash has undergone its first halving at block 1,046,400 and the event coincides with the network's fifth upgrade dubbed Canopy.

Looking into Fake Press Release on Bitcoin Cash Partnership: Ohio’s Kroger

Looking into Fake Press Release on Bitcoin Cash Partnership: Ohio’s Kroger

Kroger has announced that it is looking into how fake news announced a partnership between the US major retail company and Bitcoin Cash cryptocurrency.

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity

A global UAE bank is creating a federated and sovereign blockchain architecture for digital identity via HashCash Consultants, to propel its financial and banking operations and prepare for the future of finance.

US Treasury Updates FAQ on Sanctioned Tornado Cash

US Treasury Updates FAQ on Sanctioned Tornado Cash

The Treasury Department assured the public that no one will be prosecuted for sharing the codes of Tornado Cash and that they can be used in an educational setting.

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

IRS Hoping to Deanonymize Monero and ZCash Privacy Coins to Prevent Cybercrime

The Criminal Investigation Division(CID) of the IRS are actively hiring private contractors to study and analyze privacy coins, as there has quite been a lot of fraudulent activities revolving around their usage.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

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