Category: Crypto News

DAO of Tornado Cash has announced that it will be shutting down cryptocurrency project permanently in order to keep its contributors and team members safe. This is one important example of government being able to track and shut down a so-called decentralized project.

We believe that US Treasury has simply copy-pasted all the Etheruem addresses on their sanction list that have been labeled as Tornado Cash. The domain, Tornado.Cash, has been put down and no longer accessible.

A lot of users that used Phantom wallet or their Chrome extension suffered the most from the recent Solana hack. In this hack, millions of NFTs, Solana’s SOL coins, SPL tokens and stablecoins were stolen. A lot of users that lost wealth in this hack interacted with both mobile and desktop (chrome extension) variants of Phantom wallet.

Celsius Network team has announced on twitter that a list of Celsius client email addresses was leaked by its employee and transferred them to 3rd party. The name of this 3rd party is not yet known.

Harmony Protocol has proposed a reimbursement proposal to deal with whopping $99 million dollars assets stored on ONE blockchain. This includes following assets.

One of the most profitable cryptocurrencies currently traded is Dogecoin, often known as Doge. 2013 saw the founding of Dogecoin by Billy Markus and Jackson Palmer.

Sri Lanka is under extreme economic pressure as it has less than $25 million foreign reserves left. Today, the so-called Sri Lankan government has announced that the citizens should not use bitcoin and other cryptocurrencies to go around the restrictions and regulations. The regular citizens are not banned from sending USD or any other foreign currencies outside Sri Lanka.

Rebalancing your portfolio is related to adjusting the weightings of different assets within your portfolio. This is an essential process as it allows you to work on protecting your funds.