Author: CryptoNews

Troll sends celebs ETH from Tornado Cash in order to address a potential regulatory problem. An anonymous user made a large number of transactions on Tornado Cash on Tuesday to addresses of celebrities in order to accomplish his mission. Troll Send Celebs ETH from Tornado Cash According to Etherscan, affected wallets include those run by Coinbase CEO Brian Armstrong, TV presenter Jimmy Fallon, sportswear company Puma, and a wallet intended for donations to Ukraine. Popular cryptocurrency figures like the artist Beeple and more well-known figures like the comedian Dave Chappelle received ether (ETH). Someone is out dusting a bunch of…

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Nepal’s Central Bank is set to issue digital currency as a proposal to change the law is circulating among Nepalese lawmakers. According to recent events, Nepal is about to change its stance on digital currencies in a significant way. The 2002 Act will be modified as part of the proposed modification to enable the Central Bank of the nation to design and issue its own digital currency. Amending the law As the globe advances in digitalization even further, Nepal has jumped on board. The Nepal Rastra Bank, the nation’s central bank, has taken this measure to reassess its stance on…

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Digital property rights are the key to a thriving Web3 economy according to the co-founder of Animoca who also stated that strong property rights in the real world are one of the most telling signs of a prosperous economy. In Web3, these rights are made possible by digital property rights. Digital Property Rights & A Thriving Web3 Economy According to Yat Siu, co-founder of the Hong Kong-based venture capital firm Animoca Brands, the key features of blockchain technology that will propel a more decentralized society is on-chain digital property rights. The Hong Kong entrepreneur made the following remarks at Korean…

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South Korea is considered the fourth biggest gaming market and one of the biggest blockchain adopters. However, the country has banned play-to-earn (P2E) blockchain games due to the crypto integration. The new pro-crypto president Yoon Suk-yeol had hinted at lifting the ban, but the government has yet to show any significant effort.Anthony Yoon, managing partner of blockchain investment and accelerator firm ROK Capital, in an exclusive interview with Cointelegraph, said that GameFi is a natural fit for Korean game publishers. Yoon shed light on the current state of GameFi in the country and how game studios are approaching blockchain integration…

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Binance has ceased the off-chain fund transfer channel between itself and WazirXOn-chain transfers will still be available for the users to deposit and withdraw.  Leading cryptocurrency exchange Binance has recently decided to remove the off-chain fund transfer channel between itself and the Indian exchange WazirX.  Binance Suspends Off-Chain Transfer Channel Between Itself And WazirX Per an officially released statement, Binance has reiterated its previous stance against the Indian crypto exchange WazirX, stating that the exchange does not own or manage WazirX in any way possible.  Furthermore, the exchange has now officially removed the off-chain fund transfer channel between the two…

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F2Pool co-founder says that he is not cheating the Ethereum POW system. Chun Wang, a co-founder of F2Pool, has replied to claims that his mining pool has tampered with Ethereum block timestamps in order to consistently increase mining rewards. The mining pool is accused of conducting a “consensus-level” attack on Ethereum over the past two years in order to gain an advantage over “honest” miners, according to claims made in a study published on August 5 by researchers at The Hebrew University. Wang, in response, implied that willfully abusing the system’s rules doesn’t always constitute a rule violation by writing…

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This is the third publication of the Market’s Compass Developed Markets Country (DMC) ETF Study that is being published on my Substack Blog. This is the last DMC ETF Study that will be available to free subscribers. This week’s blog highlights the technical changes of the 22 DM ETFs that we track on a weekly basis and write about every three weeks. There are three ETF Studies that include the Market’s Compass US Index and Sector ETF Study, the DMC ETF Study and the Emerging Markets Country (EMC) ETF Study. The three Studies will individually be published every three weeks.…

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This is the third publication of the Market’s Compass Emerging Markets Country ETF Study to be published in our Substack Blog that will highlight the technical changes of the 22 EM ETFs that we track on a weekly basis that also includes notes on the technical changes from our last published Market’s Compass EM Countries ETF Study three weeks ago on March 14th. This is the last Market’s Compass ETF Studies available to free subscribers. Paid subscribers will continue to receive the Weekly ETF Studies sent directly to their registered email.  Past publications can be accessed via The Market’s Compass…

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Cross-chain protocols and Web3 firms continue to be targeted by hacking groups, as deBridge Finance unpacks a failed attack that bears the hallmarks of North Korea’s Lazarus Group hackers.deBridge Finance employees received what looked like another ordinary email from co-founder Alex Smirnov on a Friday afternoon. An attachment labeled “New Salary Adjustments” was bound to pique interest, with various cryptocurrency firms instituting staff layoffs and pay cuts during the ongoing cryptocurrency winter.A handful of employees flagged the email and its attachment as suspicious, but one staff member took the bait and downloaded the PDF file. This would prove fortuitous, as…

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Bitcoin price remained supported above the $22,650 level against the US Dollar. BTC could rally if there is a clear move above the $23,500 resistance zone. Bitcoin is trading in a range above the $22,500 level the $23,500 level. The price is now trading above the $23,000 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $23,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $23,500 resistance to start a steady increase in the near term. Bitcoin Price Faces…

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