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Netherlands Arrests Suspected Developer of Sanctioned Crypto-Mixing Service Tornado Cash

A 29-year-old developer suspected of being involved in the sanctioned Tornado Cash protocol was arrested in Amsterdam on Friday.

Aug 12, 2022 at 10:10 a.m. UTC
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Do Your Assets on Exchanges Actually Exist?

Sponsored by Gate.io
Jul 27, 2022 at 9:27 p.m. UTC

Crypto Exchange Binance Recovers $450K Stolen From DeFi Protocol Curve.Finance

The world's largest exchange is now working with law enforcement to return the stolen funds.

Aug 12, 2022 at 7:04 a.m. UTC

First Mover Asia: Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The SOL token has climbed over the past week, despite a scheme that artificially boosted the value of Saber and the Solana blockchain.

Aug 12, 2022 at 12:30 a.m. UTC

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By Fran Velasquez
Aug 10, 2022 at 8:25 p.m. UTC
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Tech
By Will Canny
Aug 11, 2022 at 11:27 a.m. UTC

Discovery

(Getty Images, modified by CoinDesk)

Nominate Your School for the 2022 Best Universities for Blockchain

CoinDesk announces the kickoff of its 2022 Best Universities for Blockchain and calls for nominations around the world. We're giving away Consensus tickets to participating schools.

Jul 20, 2022
CDCROP: The HASH Podcast Graphic

Suspected Under Arrest Tornado Cash Developer is Reportedly Identified

The most valuable crypto stories for Friday, Aug. 12, 2022.

Aug 12, 2022
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A Primer on How Oil Has Reflected Macro and Geopolitics

From negative prices in 2020 to a major driver of inflation of 2022, oil is a key geopolitical and economic player.

Aug 12, 2022
Markets Daily Podcast Cover

Crypto News Roundup for Aug. 12, 2022

With BTC and ETH suffering from small declines after a strong week for the crypto market, plus a look at what the U.S. Treasury learned about trying to squash an open-source smart contract, CoinDesk’s “Markets Daily” is back with the latest news roundup.

Aug 12, 2022
(Guido Mieth/Getty Images)

What the Tornado Cash Sanction Means for Privacy Coins

The U.S. government’s sanction of a key Ethereum application shows the need for privacy tools in crypto, a privacy advocate says.

Aug 9, 2022
CDCROP: Spinning mixer in water creating bubbles (Getty Images)

Are Crypto Mixers Legal?

Crypto mixers or blenders, like Tornado Cash, can be used to enhance user privacy and make cryptocurrency transactions more anonymous. However, some services have long been abused by illicit actors to launder money.

Aug 10, 2022

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Vitalik Buterin at the Blockchain Futurist conference in Toronto. (Aoyon Ashraf/CoinDesk)

What Bear Market? Canada’s Largest Blockchain Conference Beamed With Bullish Energy

The main takeaway was that spirits are high despite the crypto winter, and that there is a lot to look forward to in the blockchain space.

Aug 12, 2022
CDCROP: Point72 Asset Management and Gala Chair Steven A. Cohen (Dave Kotinsky/Getty Images for Lincoln Center)

Hedge Fund Point72’s Steve Cohen Plans Crypto Asset Manager: Report

The new vehicle from the hedge fund billionaire would trade spot cryptocurrencies and crypto derivatives.

Aug 12, 2022
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)

Crypto Mining Hosting Firm Applied Blockchain Adds $15M Loan to Pay Off Debt, Fund Growth

The firm's North Dakota site was knocked offline in July due to an equipment failure in the substation feeding it power.

Aug 12, 2022
Rolf Kleef/Flickr. Modified by CoinDesk

A Crypto Bro Walked Into a Wall Street Bar, And It Went Just Fine

What did NYSE badges and FTX hats have in common? A shared interest in the institutional adoption of crypto, extending far beyond the Wall Street bar.

Aug 12, 2022