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Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept

Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official.  News that the Islamic republic placed its first import order using crypto was... Read More

Anonymous user sends ETH from Tornado Cash to prominent figures following sanctions

On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such as Coinbase CEO Brian Armstrong... Read More

Total value locked in DeFi dropped by 66%, but multiple metrics reflect steady growth

The aggregate total value locked (TVL) in the crypto market measures the amount of funds deposited in smart contracts and this figure declined from $160 billion in mid-April to the current $70 billion, which is the lowest level since March... Read More

Bitcoin drops to support as looming CPI print shakes up crypto and stock markets

Crypto and equities markets took a bit of a tumble on Aug. 9 as traders grew a bit skittish ahead of tomorrow’s Consumer Price Index (CPI) report. The details of the print will shine a light on whether the Federal... Read More

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... Read More

Bitcoin dominance hits 6-month lows as metric proclaims new ‘alt season’

Bitcoin (BTC) is facing fresh competition from altcoins this month as data shows that — technically — it is already “alt season.” Figures from CoinMarketCap and TradingView show that BTC currently makes up around 41% of the overall crypto market... Read More

How to bake your own DAO at home — With just 5 ingredients!

Decentralized autonomous organizations come in all sizes and flavors. Some can seem sweet; others turn sour. It can be fun and interesting to create one that suits your needs and satisfies your hunger for something new. We talk to the... Read More

What the fork? Ethereum’s potential forked ETHW token is trading under $100

An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30.  ETHW and ETHS begin trading  ETHW is the native asset to the ETHPoW chain. ETHPoW, for now,... Read More

The Reserve Bank of Australia to explore use cases for CBDC

The Reserve Bank of Australia weighs in the central bank digital currencies (CBDCs) race to explore use cases for a CBDC in the country. It will collaborate with the Digital Finance Cooperative Research Centre (DFCRC) on a respective research project. ... Read More

Bitcoin realized price bands form key resistance as bulls lose $24K

Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin navigates whale price ladder Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling under the $24,000 mark... Read More