“`html US legal officials in the criminal proceeding against Tornado Cash co-founder and developer Roman Storm presented evidence from an Internal Revenue Service (IRS) agent as they prepare to conclude their case on Thursday.As reported by Inner City Press on Wednesday, IRS Criminal Investigation Special Agent Stephan George provided testimony indicating that he had analyzed transaction records linked to cryptocurrency platforms Crypto.com and Binance.George allegedly claimed that Storm “[had] control” over assets after an account affiliated with Binance transferred crypto to Tornado Cash smart contract addresses, based on exchanges between the co-founders: Storm, Alexey Pertsey, and Roman Semenov.The testimony came…
Autore: wsjcrypto
“`html Reliable Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure An Ethereum enthusiast has compared Bitcoin (BTC), the predominant cryptocurrency, to an antiquated “landline,” asserting that Ethereum (ETH) is the superior blockchain. Describing ETH as the “iPhone” of cryptocurrency, the advocate contends that its smart contract functionalities and position as a leading tokenization platform provide it with a distinct edge over BTC. Why Ethereum Surpasses Bitcoin In a recent discussion with CNBC’s Squawk Box, Andrew Keys, the Chief Executive Officer (CEO) of Ether Machine, a public Ethereum yield and infrastructure enterprise, contributed his insights on the…
By Chloe Mari A. Hufana, Journalist and Luisa Maria Jacinta C. Jocson, Senior Journalist US PRESIDENT Donald J. Trump on Tuesday revealed he was implementing a new 19% tariff rate on products from the Philippines, following a discussion with President Ferdinand R. Marcos, Jr. at the White House. “It was a delightful visit, and we finalized our trade agreement, whereby the Philippines is going to open up its market to the United States, and have zero tariffs. The Philippines will incur a 19% tariff,” Mr. Trump stated on his Truth Social platform. While the newly imposed tariff rate is slightly…
“`html Bitcoin continues to linger in a narrow consolidation range following its establishment of a new all-time pinnacle above $123,000 just a week and a half ago. The existing range, from $117,000 to $120,000, indicates a slowdown in momentum as the market absorbs recent advancements and gets ready for its forthcoming significant movement. Although volatility has diminished, fundamental indicators imply that the overarching trend may still possess potential for growth. Related Reading A crucial indicator attracting attention is the fraction of supply active over the last 180 days (% Supply Active). Historically, this metric has surged during significant macroeconomic turning…
“`html Reasons behind the targeting of crypto ATMs by New Zealand regulators On July 17, 2025, the government of New Zealand took a significant step in its ongoing struggle against financial misconduct: It declared a nationwide prohibition on cryptocurrency ATMs. The determination, led by Associate Justice Minister Nicole McKee, is part of a comprehensive overhaul of the nation’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) framework. Crypto ATMs, machines that enable users to exchange cash for digital currencies such as Bitcoin (BTC), have historically operated in a regulatory gray zone. As per New Zealand’s Ministerial Advisory Group on Transnational, Serious…
“`html Essential insights:Bitcoin (BTC) is still positioned below $120,000 after achieving a new all-time high close to $123,000 last week. As BTC price stabilizes, many market experts are confident that the cycle is not yet concluded.Here are the factors that lead analysts to believe that the Bitcoin bull market has not reached its peak.Bitcoin fundamentals remain robustAnalytics company Bitcoin Vector stated that while Bitcoin’s momentum has diminished, several on-chain indicators imply that Bitcoin’s cycle is not finished.“Momentum has decreased, but structure and fundamentals are still firm,” the firm commented in a Tuesday update on X, stating:“This isn’t a peak. It’s…
“`html Ultimate and concluding race weekend scheduled at the Clark International Speedway on Aug. 9 The TOYOTA GAZOO Racing Philippine Cup (TGR Philippine Cup), the flagship racing series of Toyota Motor Philippines (TMP), is set to return to the Clark International Speedway in Mabalacat, Pampanga on Aug. 9 for its ultimate and concluding race weekend of 2025. The event is accessible to everyone, and entry is complimentary. It will also be streamed live on the TOYOTA GAZOO Racing Philippines Facebook page and YouTube channel starting at 8:30 a.m. At the forefront of the Super Sporting Class standings is Russel Cabrera…
RGB v0.11.1 has been launched on the Bitcoin mainnet, facilitating the introduction and administration of digital assets such as stablecoins, NFTs, and tokens directly on Bitcoin and the Lightning Network. RGB functions as a smart contract and tokenization protocol that employs client-side validation to authenticate transactions without the need for intermediaries. It operates independently of trusted third parties, validators, or federations. Assets are anchored to Bitcoin but validated off-chain, ensuring enhanced scalability and privacy. “The launch of RGB represents more than just a technical achievement — it’s a pivotal moment,” remarked Viktor Ihnatiuk, Co-Founder of Boosty Labs and the RGB…
The exchange-traded fund provider 21Shares has submitted a request to US regulators for a product that mirrors the spot price of Ondo, the primary token of the decentralized finance platform Ondo Finance.On Tuesday, 21Shares filed a preliminary prospectus with the Securities and Exchange Commission for the “21Shares Ondo Trust,” which seeks to directly possess Ondo (ONDO) tokens and monitor its performance through the CME CF Ondo Finance-Dollar Reference Rate. Coinbase will manage the custody of the tokens.This will serve as a passive investment option with no speculation or leverage involved. Authorized participants are permitted to create or redeem shares either…
“`html Trusted Editorial content, assessed by prominent industry specialists and experienced editors. Ad Disclosure XRP’s ascent past its long-held barrier of $3.40 is more than merely a monetary achievement. It signifies Ripple’s evolving narrative from underdog innovator to genuine contender against traditional financial systems like SWIFT. On July 18, XRP skyrocketed to a new peak of $3.65 and has consistently remained above its earlier high of $3.40. This monetary milestone arrives as Ripple broadens its international presence through a blend of cutting-edge payment frameworks, significant alliances, and the increasing application of XRP in actual financial dealings. Ripple now targets up…