Federal Authorities Contemplate Indicting Dragonfly Due to Association with Tornado Cash Incident
In the rapidly evolving world of cryptocurrencies, several significant events and regulatory actions have taken place over the past few days. Here's a rundown of the latest happenings:
Tether Injects $3 Billion USDT on Ethereum in Record Minting
Tether, the stablecoin issuer, has set a new record by minting $3 billion USDT on the Ethereum blockchain. This move is expected to bolster liquidity in the decentralised finance (DeFi) sector.
Ethereum Price Surges Despite Legal Speculations
Despite ongoing legal speculations, Ethereum's price has surged over 107% in the last 90 days, unrelated to current legal speculations. As of the report, Ethereum's price stands at $3,728.74, with a market cap of $450.10 billion.
SEC Delays Grayscale Polkadot ETF Decision to 2025
The Securities and Exchange Commission (SEC) has delayed its decision on the Grayscale Polkadot ETF until 2025, citing the need for more time to consider the proposal.
Bullish Receives NYDFS License to Expand Crypto Services in New York
Bullish, a digital asset investment firm, has received a license from the New York Department of Financial Services (NYDFS) to expand its crypto services in the state.
Google, Coinbase Collaborate on AI Payment Protocol Launch
Google and Coinbase have announced a collaboration to launch an AI-powered payment protocol. The partnership aims to streamline and simplify the payment process for users.
CME Group Plans Solana and XRP Futures Launch
CME Group, a major derivatives trading platform, has announced plans to launch futures contracts for Solana and XRP. The move is expected to boost the adoption and liquidity of these cryptocurrencies.
Binance Alpha Users Claim MRLN Airdrop with Points Starting September 16
Binance Alpha users can now claim the Miracle Gold (MRLN) airdrop using their points, with the distribution scheduled to start on September 16.
iSpecimen Announces $200 Million Digital Asset Treasury Program
iSpecimen, a life sciences company, has announced a $200 million digital asset treasury program to support the growth of its digital health ecosystem.
The U.S. Department of Justice Considers Charges Against Dragonfly Employees
The U.S. Department of Justice is reportedly considering charges against Dragonfly employees in relation to the Tornado Cash incident. The potential charges could lead to legal costs and reputational concerns for implicated parties.
The Potential Charges Against Dragonfly Reinforce Legal Pressures Facing Privacy-Based Cryptocurrencies
The potential charges against Dragonfly employees serve as a reminder of the legal pressures facing privacy-based cryptocurrencies. This event highlights a heightened regulatory alert for the crypto market.
WLFI Probes Alleged Token Manipulation by Exchanges
The Dutch Authority for the Financial Markets (AFM) is investigating allegations of token manipulation by exchanges. The events underscore the need for transparency and compliance in the crypto market.
Malta Opposes ESMA's Push for Centralizing Crypto Regulation
Malta, a blockchain-friendly nation, has expressed opposition to the European Securities and Markets Authority's (ESMA) push for centralizing crypto regulation. The country argues that such a move could stifle innovation in the crypto space.
Raoul Pal, CEO of Real Vision, Notes Lack of Official Announcements or New Compliance Guidance Related to Dragonfly in Connection with Tornado Cash
Raoul Pal, CEO of Real Vision, has noted the lack of official announcements or new compliance guidance related to Dragonfly in connection with Tornado Cash. Despite the legal speculations, no significant financial reactions or statements from Dragonfly and DOJ are confirmed.
The Search Results Do Not Provide Information About Organizations Associated with the Tornado Cash Affair or Any Official Statements Issued Regarding the Situation
A search for information about organizations associated with the Tornado Cash affair does not yield any concrete results. Similarly, no official statements have been issued regarding the situation.
Mayowa Adebajo is a Seasoned Freelance Writer Specializing in Creating Compelling, High-Converting Content Across Diverse Industries
Mayowa Adebajo, a seasoned freelance writer, specializes in creating compelling, high-converting content across diverse industries. Her expertise lies in crafting engaging content that resonates with audiences and drives results.
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