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Privacy tokens bucked the trend to surge in price and popularity during the recent market slump, but most of the discussion has centered on consumer-facing projects like Zcash.At the same time, banks and financial institutions have been exploring zero-knowledge (ZK) systems that enable private trans…
The Ethereum price dropped nearly 25% this quarter, slipping to lows around $3,099 before stabilizing around $3,300 amid broad market weakness and rising U.S.–China trade tensions.Data from Lookonchain revealed that three new wallets withdrew 4,920 ETH (worth $16.25 million) from Tornado Cash, a mov…
U.S. prosecutors are seeking five-year prison sentences for both Samourai Wallet founders, alleging they developed and marketed a crypto mixing service that helped launder hundreds of millions in criminal proceeds.The prosecutors submitted a sentencing memorandum on Friday, requesting 60 months' imp…
The onchain transactions of the exploiter behind the $116 million Balancer hack point to a sophisticated actor and extensive preparation that may have taken months to orchestrate without leaving a trace, according to new onchain analysis.The decentralized exchange (DEX) and automated market maker (A…
Top Stories of The WeekWall Streets next crypto play may be IPO-ready crypto firms, not altcoinsWall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research.Crypto financial services firm Matrixport sa…
The United States Department of Justice has stepped up its legal clarity for the Web3 and digital assets space. On Thursday, Matthew Galeotti, acting assistant attorney general of the Department of Justice’s Criminal Division, said that Web3 developers will not be prosecuted for any wrongs made by u…
Khurram Dara, a former policy counsel at cryptocurrency exchange Coinbase, is considering a run for New York State Attorney General in 2026, aiming to replace Letitia James.In comments to Cointelegraph, Dara said he had not yet decided whether to run for the state’s law enforcement office, but hinte…
US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told an audience of blockchain researchers and practitioners on Monday that lawmakers and regulators need to protect people’s right to transact privately.Her comments come as Roman Storm’s Tornado Cash trial heads toward a verdic…
The Department of Justice has backtracked on its previous statement that it would consider charges against Dragonfly for the firm's early support of crypto mixer Tornado Cash, according to a Dragonfly executive.Haseeb Qureshi, co-founder of Dragonfly Ventures, said Tuesday in a post on X that the DO…
Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case.In a Friday social media post, Dragonfly Capital managing partn…
CoinDCX, one of India’s largest crypto exchanges, has reportedly lost around $44.2 million in a suspected hack that occurred about 17 hours ago, according to blockchain investigator ZachXBT. The attacker is believed to have started with just 1 ETH from Tornado Cash and later moved a portion of the s…
Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million. The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach.No user funds were affected due to the exploit, according…