News Explorer — Coinbase-Backed Motion Argues Tornado Cash Ban Is Unconstitutional

Generated by AI, curated by humans

Apr 6, 9:38 am

Blockworks

Coinbase-Backed Motion Argues Tornado Cash Ban Is Unconstitutional

Plaintiffs in the legal challenge against U.S. government sanctions against Tornado Cash have filed a motion for summary judgment arguing that the crypto mixer can't be sanctioned as property. The motion, backed by Coinbase, seeks to restore the rights of U.S.-based citizens to use the platform, citing violations of their Constitutional rights.

Plaintiffs in the legal challenge against U.S. government sanctions against Tornado Cash have filed a motion for summary judgment arguing that the crypto mixer can't be sanctioned as property. The motion, backed by Coinbase, seeks to restore the rights of U.S.-based citizens to use the platform, citing violations of their Constitutional rights.

Latest

Jan 14, 5:51 am

Decrypt

BlackRock Launches New Canadian ETF on Cboe Canada

BlackRock Asset Management has launched its first Canadian Bitcoin ETF on Cboe Canada, simplifying crypto exposure for i... Read Summary

Jan 14, 3:21 am

Decrypt

Malware That Mimicked Apple's Encryption to Avoid Detection Is Overblown, Security Researcher Says

Banshee, a macOS malware, used Apple's encryption scheme to evade detection for over two months. Despite media hype, the... Read Summary

Jan 14, 2:58 am

Decrypt

Intesa Sanpaolo Becomes the First Italian Bank to Invest Directly in Bitcoin

Intesa Sanpaolo, Italy's largest banking group, has made a significant move by purchasing 11 Bitcoins for approximately... Read Summary

Jan 14, 2:11 am

Decrypt

Sony's Ethereum Layer 2 Platform for 'Creators' Now Live on Mainnet

Sony has launched its Ethereum Layer 2 platform, Soneium, after a four-month testing period with over 14 million users.... Read Summary

Jan 14, 12:46 am

Decrypt

President-elect Trump Plans to Issue a Crypto Executive Order, Starting With a Presidential Crypto Council

Sources indicate that President-elect Donald Trump is expected to issue a crypto-related executive order, establishing a... Read Summary

Jan 13, 7:00 pm

Coindesk

Chainalysis Acquires Fraud Detection Firm Alterya

Chainalysis has acquired fraud detection startup Alterya for $150 million to enhance its scam-stopping capabilities. Alt... Read Summary

Jan 13, 7:16 pm

Decrypt

Founder of Pump.fun Rival Rugged His Own Meme Coin

Pump Pumpkin threatened Pump.fun with a lawsuit, then launched a token on Pump.fun, causing a price drop and controversy. The founder admitted to making $800,000 from the rug pull. Read Summary

Jan 13, 6:52 pm

Decrypt

Tether Is Relocating to Bitcoin-Friendly El Salvador—Here's Why

Tether, the stablecoin giant, has acquired a Digital Asset Service Provider license in El Salvador and is relocating its... Read Summary

Jan 13, 5:17 pm

Decrypt

Bitcoin Falls Below $90K as Rate Cuts Appear Unlikely

Bitcoin's price hit a 5-week low due to expectations of tighter monetary policy by the Federal Reserve. Market players a... Read Summary

Jan 13, 3:57 pm

Coindesk

Capital Group Acquires 5% Stake in Bitcoin Treasury Firm Metaplanet

Capital Group, a major investment firm with over $2.3 trillion in assets, has increased its stake in Metaplanet, a Japan... Read Summary

Jan 13, 4:47 pm

Decrypt

MicroStrategy Holds Over $41 Billion in Bitcoin With Latest Buy

MicroStrategy, a top corporate Bitcoin holder, purchased $243 million worth of Bitcoin, bringing its total holdings to a... Read Summary

Jan 13, 4:37 pm

Decrypt

Dogecoin Leads Meme Coin Decline as Losses Outpace Bitcoin

Bitcoin, favored by Elon Musk, has dropped over 16% in the past week, with a 4% decrease in the last day. Meme coins like Pepe are even more volatile, with an 8% dip today. Read Summary

Jan 13, 4:02 pm

Decrypt

ANIME Token Launching on Ethereum With Azuki NFT Holders to Benefit

The Animecoin Foundation plans to launch its culture coin, ANIME, on Ethereum and Arbitrum this month, issuing a total o... Read Summary

Jan 13, 2:56 pm

Decrypt

Russian Nationals Charged Over Bitcoin Mixers

Four Russian nationals have been charged with money laundering and operating unlicensed money transmission businesses fo... Read Summary

Jan 13, 2:35 pm

Decrypt

Bitcoin, Dogecoin and XRP Fall Amid Interest Rate Fears

U.S. interest rate concerns led to a red financial market on Monday, causing Bitcoin to drop to nearly $90,000, its lowe... Read Summary