Bitcoin’s price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop. Elon Musk’s SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin’s freak price dip....Continue Reading

Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for technical difficulties on Shibarium. The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating around the crypto community are false. In a blog post on Aug. 17,...Continue Reading

Competing motions for summary judgment saw a federal judge rule the U.S. Treasury was within its authority to declare Tornado Cash a sanctioned entity. A federal judge in Texas has sided with the United States Department of the Treasury by granting a motion for summary judgment in a lawsuit concerning Tornado Cash brought by six...Continue Reading

The payment processor has enlisted a range of market players in its quest for innovation and efficiencies in a technology that 93% of central banks are investigating. Mastercard is forming a partnership program with seven prominent blockchain and payment technology providers to “bring a greater understanding of the benefits and limitations” of central bank digital...Continue Reading