Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has filed a motion to dismiss all three charges against him, alleging he operated a money laundering business and violated the International Emergency Economic Powers Act. “By no stretch can Mr. Storm be deemed to have conspired to launder funds,” Storm’s lawyers stated in a March 29 filing to…

The cryptocurrency industry saw a 23% decline in losses due to hacking and scams in the first quarter of 2024 compared to 2023, according to a March 28 research report by blockchain security firm Immunefi. According to the report, the total amount lost to hacking and fraud incidents in Q1 of 2024 amounted to approximately $336.3 million,…

Coinbase Ethereum layer-2 network Base has shattered its own trading volume record within a 24-hour period on decentralized exchanges (DEX), jumping up approximately 25% compared to the previous day, surpassing the $1 billion mark. On March 30, Base recorded $1.21 billion in DEX trading volume, up 25% from the previous day’s $959.63 million, as per…

Grayscale Investments has announced an investment fund tailored for sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens. According to a recent statement, the Grayscale Dynamic Income Fund (GDIC) is only available to clients holding more than $1.1 million assets under management (AUM), or with a net worth of more than…

When the world’s fourth-largest cryptocurrency exchange delists its leading stablecoin for an entire continent, it raises eyebrows. But this may just be a harbinger of things to come. Expect more disruptions as Europe’s path-breaking Markets in Crypto-Assets Regulation (MiCA) regulatory regime takes effect at the end of June. Off-shore stablecoins, in particular, may face challenges….

The blockchain-based mini-decentralized applications (DApps) on Telegram, also known as Mini Apps, could be a “Trojan horse” for mass blockchain adoption. That’s according to Justin Hyun, the director of investments at TON Foundation, who told Cointelegraph: “That’s our thesis for bringing in more users onto the blockchain without even needing to educate them about the blockchain….