Law enforcement should give up trying to access everyone’s data, says legal expert

While some think the Tornado Cash ban may negatively impact other projects focusing on privacy, others believe that these projects will keep pushing forward and keeping their commitments to anti-censorship and decentralization.  In an interview with Cointelegraph, Ahmed Ghappour, the general counsel at the privacy-focused project Nym Technologies, shared insights on the importance of privacy in the crypto space, how to balance the interests of regulators and people who want privacy and what’s next for privacy in Web3. According to Ghappour, there are contradictory concepts in the Web3 space. This…

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Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.  In a statement from Aug. 10, the National Agency of Perspective Projects (NAPP) projects informed that “various electronic platforms” provide services for trade and exchange of crypto-assets without obtaining the required license in violation of the existing legislation and thus access to them was restricted. However, the tone of the statement suggested that…

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Alchemy and Infura block access to Tornado Cash as Vitalik Buterin weighs in on debate

According to Twitter user @0xdev0, on Monday, Web3 development platform Alchemy and Infura.io blocked remote procedure call (RPC) requests to cryptocurrency mixer Tornado Cash, preventing users from accessing the applications. The day prior, the U.S. Treasury placed 44 smart contract addresses linked to Tornado Cash in the Specially Designated Nationals and Blocked Persons (SDN) list. U.S. persons and entities are prohibited from blockchain or business interactions with Tornado Cash under t sanctions, with the possibility of criminal liabilities for violations. The move came after the U.S. Treasury alleged individuals and…

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Binance Card users now have access to XRP, SHIB and AVAX

Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).  The Binance Card allows its holders to “convert and spend cryptocurrencies in over 60 million online and physical stores.” However, the card is only available to European citizens and, according to the website, Ukrainian refugees. Prior to the escalation of the conflict in Ukraine, Binance had intentions of expanding its card reach into Ukraine by sometime this year. …

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Experts find private keys on Slope servers, still puzzled over access

Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.  Investigations are ongoing after attackers managed to steal some $5 million worth of SOL and SPL tokens on Aug. 3. Ecosystem participants and security firms are assisting in uncovering the intricacies of the event. Solana has worked closely with Phantom and Slope.Finance, the two SOL wallet providers that had user accounts affected by the exploits. It has since emerged that some of the private keys that were…

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Coinbase partners with BlackRock to create new access points for institutional crypto investing

According to a new blog post published on Thursday, cryptocurrency exchange Coinbase said it is partnering with BlackRock, the world’s largest financial asset manager, to provide its clients with direct access with crypto, starting with Bitcoin (BTC). Users of BlackRock’s institutional investment management platform Aladdin will receive crypto trading, custody, prime brokerage, and reporting capabilities should they also elect to sign up for Coinbase Prime. Coinbase Prime is an institutional trading solution that provides trading, custody, prime financing, staking, data and reporting services on over 300 digital assets. The service…

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3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled

The liquidators of failed crypto hedge fund Three Arrows Capital (3AC) have filed an application in the High Court of Singapore for a stay on claims against 3AC and access to the company’s Singapore headquarters. The liquidators said in the 1,157-page document that a court decision is needed in light of the number legal proceedings that may arise in the near future and the “virtual radio silence from the management/directors of the Company.” According to the July 9 application, the Singapore office may contain cold wallets or information on how…

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Access denied for crypto-owning policymakers

It’s been a century or so since the property qualification came out of vogue, but it doesn’t seem a problem if you want to apply it to crypto and policymaking. An advisory notice released by the United States Office of Government Ethics last week states that the de minimis exemption — which allows for the owners of securities who hold an amount below a certain threshold to work on policy related to that security — is universally inapplicable when it comes to cryptocurrencies and stablecoins.  As the note specifies, even…

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TrueFi launches on Optimism, expanding access to on-chain credit

Unsecured lending protocol TrueFi has become the latest project to launch on Optimism, Ethereum’s popular layer-2 scaling solution, in a move that’s expected to boost demand from non-institutional lenders.  By launching on Optimism, TrueFi’s lender community will have access to a faster and cheaper user experience, as well as gain exposure to a wider pool of retail lenders. “TrueFi users can now lend, borrow and launch portfolios on Optimism to enjoy dramatically reduced transaction costs and network speeds,” Rafael Cosman, co-founder of TrustToken, told Cointelegraph in a written statement. He…

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Opera browser enables direct access to BNB Chain-based DApp ecosystem

Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable BNB Chain-based decentralized apps (DApps) on Android, iOS and desktop versions of its Crypto Browser. The integration will enable Opera’s 350 million users to purchase the BNB (Build N Build) token with fiat and send and receive it via the built-in Opera crypto wallet, as well as access DApps on the BNB Chain ecosystem. The list includes decentralized exchanges (DEXs) like PancakeSwap, 1inch and BiSwap as well as decentralized finance (DeFi) products…

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