Dutch Court Sentences Tornado Cash Developer to 64 Months in Prison

by Александр Пирогов | May 16, 2024 | Blog News

The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of Tornado Cash, to 64 months in prison for his involvement in creating and maintaining the crypto mixing tool. The court alleges that Tornado Cash enables “criminal activity...

Ethereum Proposes EIP 7706 to Optimize Transaction Costs

by Александр Пирогов | May 16, 2024 | Blog News

A new proposal, EIP 7706, aims to enhance how Ethereum handles transaction costs, specifically focusing on the data aspect crucial for smart contract interactions. Understanding Ethereum’s current gas model is essential to grasp the significance of this update....

Oklahoma Signs Bill Protecting Crypto-Related Rights

by Александр Пирогов | May 16, 2024 | Blog News

The state of Oklahoma has enacted a new law safeguarding crypto-related rights, with Governor Kevin Stitt approving HB 3594 on May 13. This legislation will take effect on November 1, as indicated on the Oklahoma State Legislature website. Under the new law, the...

Binance Bribery Allegations Could Deter Foreign Investment in Nigeria

by Александр Пирогов | May 13, 2024 | Blog News

Africa-focused risk consultancy firm SBM Intelligence has issued a warning regarding the potential negative impact of bribery allegations against Binance CEO Richard Teng on Nigeria’s foreign investment efforts. According to SBM Intelligence, the recent...

Chinese Authorities Raid Cryptocurrency Exchange Fraud, Seize $300 Million

by Александр Пирогов | May 13, 2024 | Blog News

Chinese officials have conducted a significant raid against a major cryptocurrency exchange fraud, resulting in the seizure of approximately $300 million and the arrest of six individuals involved in the illegal activities. The operation, carried out by the Public...

XRP Healthcare Secures Trademark in Uganda, Poised for Healthcare Revolution

by Александр Пирогов | May 13, 2024 | Blog News

XRP Healthcare has achieved a significant milestone by successfully registering its trademark in Uganda, signaling a strategic move towards establishing its own network of pharmacies, medical centers, and hospitals within the country. This development is part of XRP...