While the cryptosphere has rallied around the decentralized mixing protocol, some are underestimating the long-term impact of US sanctions.
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Tornado Cash transaction volume increased between Monday and Tuesday in spite of US sanctions.
The post Despite sanctions, crypto traders are still using Tornado Cash appeared first on The Block.
Ether spiked following Wednesday’s better-than-expected CPI report in the US. The blockchain is also facing its final test ahead of the merge.
The post Ether price heads toward $2,000 on back of CPI update appeared first on The Block.
Hotbit has suspended trading, deposits and withdrawals amid a criminal probe into an ex-employee.
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The agencies want to learn more about the risks that cryptocurrency poses to the US economy, especially after the market crash this summer.
The post SEC, CFTC consider new crypto reporting rule for large hedge funds appeared first on The Block.
Quick Take
- Modularization is an attempt to scale blockchains by splitting a network into distinct layers specializing in different responsibilities.
- A blockchain can be divided into execution, settlement, consensus, and data availability layers.
- Execution layer optimization is highly competitive, but some solutions are well-positioned with edges in technology or liquidity.
Quick Take
- Tron’s USDD stablecoin often draws parallels with the ill-fated TerraUSD system.
- At least for the moment, however, USDD works more like an overcollateralized stablecoin.
The $16.6 million retroactive payment is to cover Aave Companies’ 15-month-long work in developing Aave v3.
The post Aave Companies requests $16.6 million compensation for work on Aave v3 appeared first on The Block.
Roblox confirmed it is planning to test out immersive advertising systems later this year as it finds new ways to monetize the platform.
The post Roblox to focus on monetization with immersive advertising as it misses Q2 estimates appeared first on The Block.
Cross-chain exchange Fixed Float said it froze 112 ether ($200,000) stolen in a front-end exploit on Curve.
The post Fixed Float seizes $200,000 of ether from the Curve hack appeared first on The Block.
