2024-11-19 06:31 |
Democratic members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned.
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U.S.-based battery tech company Solidion has pledged to allocate 60% of its excess cash reserves to Bitcoin as part of its treasury strategy. Solidion Technology, a U.S.-based battery materials provider, has committed to allocating more than half of its excess…
2024-11-16 12:14 | |
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MicroStrategy's aggressive Bitcoin acquisitions could significantly influence market dynamics and corporate treasury strategies globally. The post MicroStrategy adds 7,420 BTC to its stash, reveals $1 billion in cash for another buying round appeared first on Crypto Briefing.
2024-9-23 17:01 | |
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The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.
2024-9-7 21:12 | |
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Medical device maker Semler Scientific purchased an additional 83 Bitcoin for $5 Million, boosting its total Bitcoin treasury to 1,012 BTC acquired for $68M. Semler is pursuing a strategy of buying Bitcoin with cash reserves.
2024-8-27 16:03 | |
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In a bold move that has sent its stock price soaring, medical device company Semler Scientific Inc. has announced that it has allocated a significant portion of its cash reserves to Bitcoin (BTC). According to Bloomberg, the San Jose, California-based firm purchased 581 Bitcoin for a total of $40 million, including fees and expenses. Semler […]
2024-5-29 05:00 | |
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In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD). Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents.
2024-4-4 17:15 | |
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The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.
2024-2-29 08:46 | |
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Social media platform Reddit has made headlines with its decision to invest part of its excess cash in Bitcoin (BTC) and Ethereum (ETH), as revealed in a Feb. 22 S-1 filing with the Securities and Exchange Commission (SEC).
2024-2-24 16:14 | |
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Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC on […] The post Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum appeared first on CryptoSlate.
2024-2-23 00:23 | |
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The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools.
2023-11-30 19:22 | |
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The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court.
2023-11-15 22:28 | |
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The U. S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned a Russian businesswoman on Nov. 3. The agency said that Russian national Ekaterina Zhdanova helped the country’s elites launder and move funds using virtual currency and other methods.
2023-11-3 22:40 | |
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Coin Center, a research non-profit blockchain advocacy firm, has lost its case against the U.S. Treasury after Tornado Cash was sanctioned
2023-11-3 13:17 | |
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A U. S. district court has dismissed Coin Center‘s lawsuit against the U. S. Treasury, in which the crypto advocacy group claimed that the Treasury overstepped its legal authority by sanctioning Tornado Cash—a move that it alleged infringes upon the privacy rights of many Americans.
2023-11-2 21:45 | |
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The U.S. Treasury previously targeted individuals connected to Tornado Cash, but its proposed actions on mixers followed concerns that Hamas was financed in part by crypto.
2023-10-20 21:02 | |
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The U. S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned Gaza-based crypto broker “Buy Cash Money and Money Transfer Company (Buy Cash)” and its operator, Ahmed M.
2023-10-19 21:40 | |
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According to the U.S. Treasury, federally designated terrorist groups including Hamas, ISIS and an al-Qaeda affiliate used the Buy Cash Money and Money Transfer Company to transfer funds.
2023-10-18 19:33 | |
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The U.S. Department of the Treasury’s Office of Foreign Assets Control issued sanctions on Buy Cash, a digital asset exchange located in Gaza used by Hamas for terror financing.
2023-10-18 18:09 | |
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Despite the shadow of U.S. Treasury sanctions and a significant drop in assets, Tornado Cash, Ethereum's leading crypto mixer, has seen a resilient comeback
2023-10-10 23:12 | |
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Paxos has released a transparency report for PayPal's stablecoin, PYUSD, showing it is fully backed by US Treasury debt and cash deposits. An independent audit is planned for later this month. The post PayPal’s PYUSD is Fully Backed, Says Transparency Report appeared first on BeInCrypto.
2023-9-13 18:00 | |
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A wallet tied to at least $24 million in stolen cryptocurrencies deposited 600 Ether (ETH) worth an estimated $936,000 into Tornado Cash, an Ethereum-based privacy tool sanctioned by the US Treasury Department.
2023-9-11 19:07 | |
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The U. S. Department of Justice (DOJ) announced charges against two individuals who co-founded Tornado Cash on Aug. 23. The agency unsealed an indictment charging Roman Storm and Roman Semenov with various wrongdoings related to creating, operating, and promoting Tornado Cash — a once-popular Ethereum-based coin mixer that obscured crypto transactions.
2023-8-24 22:10 | |
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Tornado Cash co-founder's eight Ethereum addresses were sanctioned by the U.S. Treasury Department. The latest action sees all three founders of ETH Mixer under legal scrutiny for operating theThe post Ethereum mixer Tornado Cash co-founder arrested by US officials appeared first on AMBCrypto.
2023-8-24 20:51 | |
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A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged the agency’s authority in…
2023-8-20 21:21 | |
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The popular crypto mixer Tornado Cash, which facilitates the anonymity of transactions, has lost a lawsuit over the US Treasury Department’s sanctions. The Treasury’s Office of Foreign Assets Control (OFAC) had accused the mixer one year ago of money laundering.
2023-8-19 20:40 | |
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Competing motions for summary judgment saw a federal judge rule the U.S. Treasury was within its authority to declare Tornado Cash a sanctioned entity.
2023-8-18 00:05 | |
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A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service.
2023-8-18 23:21 | |
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The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U. S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful. ” Until OFAC imposed sanctions, Tornado Cash was the most popular privacy-protecting tool on Ethereum, the world’s second-largest digital asset platform.
2023-6-3 00:30 | |
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In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors.
2023-6-3 21:11 | |
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TORN price was down 3% and traded near $4. 09. Binance had on Monday announced it would be resuming TORN deposits. The Tornado Cash DAO suffered a security breach as an attacker leveraged a malicious proposal to drain the treasury.
2023-5-30 15:45 | |
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In a bid to reverse sanctions against Ethereum's privacy service, Tornado Cash, plaintiffs question the U.S. Department of Treasury's interpretation of property rights.
2023-5-25 21:03 | |
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The U. S. sanction on Tornado Cash is an infringement on free speech, according t0 plaintiffs challenging the sanction. They said the U. S. Treasury has only provided three examples of money launThe post U.
2023-5-25 18:00 | |
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The filing asserts that the Treasury does not possess the necessary jurisdiction to ban Tornado Cash and its associated transactions.
2023-5-25 16:30 | |
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The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.
2023-5-25 10:05 | |
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Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.
2023-5-22 16:19 | |
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Cointelegraph analyst and writer Marcel Pechman explains how and why the U.S. Treasury is quickly running out of cash, and what that means for Bitcoin and the crypto market.
2023-5-22 14:30 | |
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A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
2023-5-21 11:19 | |
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Bitcoin price could drop to $20,000 in Q3 amid mounting worries about a potential cash liquidity crisis led by the U.S. Treasury Department.
2023-5-20 14:57 | |
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Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
2023-5-18 22:52 | |
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Read about EFPs and how they allow a trader to easily transfer their exposure between Treasury futures and cash Treasuries without leg risk.
2023-5-23 19:43 | |
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Maple Finance, a crypto lending platform, has launched a new product — a Cash Management Pool to allow non-U. S. accredited investors and entities to access U. S. Treasury Bills. According to the April 19 announcement, the Cash Management Pool aims to simplify access to U.
2023-4-20 23:39 | |
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Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills.
2023-4-20 23:05 | |
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Coinbase backed plaintiffs requested a partial summary judgment in their lawsuit against the U.S. Department of Treasury. The case was filed last year after the Office of Foreign Asset Control The post Coinbase-backed plaintiffs renew legal fight to end ban on Tornado Cash appeared first on AMBCrypto.
2023-4-6 15:30 | |
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Osmosis Foundation has converted more than 10% of the cash in the treasury into BTC. OSMO appears to be well poised for a rally, but more liquidity is needed. Following its decision to integThe post Osmosis jumps on BTC bandwagon, HODLs 10% as markets turn bullish appeared first on AMBCrypto.
2023-3-21 06:30 | |
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HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that the “future of finance and money is digital.
2023-2-14 21:16 | |
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The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use in their everyday life.
2023-2-8 20:10 | |
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The U.S. Treasury Department's sanctions watchdog added three people to its blacklist, alleging they used crypto to facilitate the supply of illegal and synthetic drugs to the U.S.
2022-11-10 19:09 | |
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New restrictions have been placed on Tornado Cash by the U.S. Treasury because of allegations that the North Korean government uses it.
2022-11-9 12:16 | |
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Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U. S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The post Tornado Cash Sanctions By U.
2022-11-9 12:08 | |
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The decision is part of the company's strategic shift to focus on markets such as the U.S., Europe and the Middle East
The nomination of crypto-friendly Paul Atkins as chair of the SEC provided the final boost that propelled bitcoin through the $100,000 level, the report said.
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Morocco has drafted regulations for the crypto sector, its central bank's head said.The country will also continue to explore whether or not central bank digital currencies can contribute to the country's policy objectives.
The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026.Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country's roughly 68 million population.