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bitcoinist.com Tornado Cash Founder Raises Red Flag Over DOJ’s DeFi Crackdown

Roman Storm, founder of the Tornado Cash privacy tool, has warned that open-source developers may face retroactive criminal risk from US prosecutors for building non-custodial finance software. Related Reading: Moscow’s $376-B Crypto Milestone Puts Russia Ahead Of Europe His message has echoed through the crypto community as his own legal fight moves forward. Reports have […]

bitcoinist.com ZachXBT Exposes $3 Million XRP Heist After Hardware Wallet Breach

On-chain sleuth ZachXBT has traced a $3.05 million theft of XRP from a US retail user to a laundering route that ran through Bridgers—an aggregator formerly associated with SWFT—and into over-the-counter venues linked to Huione, the Cambodian financial network that the US government moved last week to cut off from the American financial system. Publishing […]

news.bitcoin.com Chinese Tech Giants Pause Hong Kong Stablecoin Plans After Beijing Intervention

Chinese technology groups including Ant Group and JD.com have paused plans to issue stablecoins in Hong Kong after regulators in Beijing, notably the People’s Bank of China and the Cyberspace Administration of China, advised against moving forward. The Financial Times reported that the companies had expressed interest in Hong Kong’s pilot stablecoin program and tokenized […]