With his U.S. Senate confirmation behind him, Scott Bessent is in place to be the top financial official of President Donald Trump's administration, where he'll be among those fulfilling the crypto directives already set out by the president last wee

The High Court of Singapore has approved the restructuring plan for crypto exchange WazirX, allowing the platform to repay its customers after it was hacked for $235 million in July 2024. WazirX has estimated that users could recover up to 80% of the

Elon Musk, CEO of Tesla, SpaceX and head of the Department of Government Efficiency (DOGE) among other things, argued that Bitcoin Cash proponent and early Bitcoin investor Roger Ver shouldn't be given a presidential pardon."Roger Ver gave up his US

Peer-to-peer crypto trading platform NoOnes has confirmed it suffered a security breach earlier this month leading to the loss of approximately $8 million in crypto assets, according to a post from CEO Ray Youssef. The disclosure came shortly after c

The likelihood of the first memecoin-based exchange-traded funds (ETFs) is growing under new leadership at the US securities regulator, industry watchers told Cointelegraph.Despite the increasing ETF likelihood paired with the massive rally following

Indian cryptocurrency exchange WazirX has won approval from the Singapore High Court to restructure after the $230 million hack last year.The High Court has allowed WazirX to convene a scheme meeting with users in a "significant step" towards distrib

Today in crypto, the Chicago Mercantile Exchange (CME) briefly listed a page for upcoming derivative products tied to cryptocurrencies. Meanwhile, a US court in Texas has overturned sanctions on Tornado Cash, and President Donald Trump has pardoned R

The release of Ross Ulbricht and the lifting of sanctions on Tornado Cash mark pivotal moments for the crypto community. It’s more than symbolic. It’s an opportunity to clearly rebrand the U.S. as a safe place to build the internet of money.Ross’ fre

Today in crypto, a US court in Texas has overturned Tornado Cash sanctions, President Donald Trump pardoned Ross Ulbricht, and the US securities regulator announced a Crypto Task Force, which will develop a regulatory framework.US court overturns Tor

A US court has overturned the sanctions against the Tornado Cash cryptocurrency mixing protocol in a decision that could signal a shift significant toward more innovation-friendly regulations for privacy-preserving technologies. The US Treasury’s Off

A U.S. District Court for the Western District of Texas has ordered that a previous court decision supporting sanctions on crypto mixer Tornado Cash be reversed. “It is ordered and adjudged that the judgment of the District Court is reversed, and the

Dear President-Elect Trump,In your keynote address at the Bitcoin conference in Nashville last year, you pledged to make the United States the crypto capital of the world if re-elected for a second term. As you return to the presidential office this

A Northern District of Georgia federal grand jury charged three Russian nationals for alleged crimes connected to operating two crypto mixers. The defendants, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik and Anton Vyachlavovich Tarasov,

Though Bitcoin ended 2024 having reached an all-time high price of more than $100,000, the year also marked the end of criminal cases of many high-profile cryptocurrency industry leaders and scammers.FTX and Alameda executivesIn its heyday, FTX was o

ZKsync has announced ambitious goals to achieve more than 10,000 transactions per second (TPS) and reduce transaction fees to as low as $0.0001 by 2025.ZKsync is a layer-2 (L2) scaling solution that uses zero-knowledge proofs (ZK-proofs) to improve t

US lawmakers have urged the Treasury Department to ramp up its efforts in investigating illicit financial activities facilitated through Tornado Cash. Rep. Sean Casten of Illinois wrote a letter to the Treasury last week, joined by five other Democra

In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges again

The US is intensifying efforts to confiscate around $2.67 million worth of cryptocurrency from major hacks linked to Lazarus Group, an infamous cybercriminal organization believed to be based in North Korea. Cryptocurrency mixers like Tornado Cash an

Law enforcement officials were able to trace millions in laundered cryptocurrency through mixers but failed to seize the majority of the funds.

The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified as its co-founders face serious allegations of facilitating money laundering on a massive scale. Roman Storm and Roman Semenov have been charged by the