Crypto News

Maker price jumped Thursday, hitting intraday highs above $1,186. MKR was paring some of the gains as crypto slumped, with prices around $1,141 at the time of writing. Data showed whales have been busy since early July, accumulating over 61.5k MKR. Maker (MKR) price has witnessed an impressive upside over the past 24 hours, breaking above a price level that had constrained bulls since the broader market downturn in mid-August.  MKR pushed to highs of $1,186 before it began to pare the gains as sellers swooped in amid profit taking deals. Why is Maker price up? On-chain data shows accumulation for Maker has been on the rise since early July. Santiment analysts are saying the two-month accumulation that saw whales and sharks buy more than $70 million worth of the cryptocurrency could provide the impetus bulls need to target new highs in September. Per the platform, holders with 10k-100k MKR tokens added 61,500 of the governance token to their positions since July 9, 2023. ...

USBTC to host 8,500 miners belonging to Celsius at its Alpha Site. Hashrate of these machines is estimated to be 820 petahash (PH). Us Bitcoin Corp expects to be managing over 310,000 miners in total. US Bitcoin Corp is in focus today after the mining company announced a deal with the bankrupt cryptocurrency platform Celsius Network. USBTC is a part of Fahrenheit consortium The data centre operator said in a press release this morning that it will host 8,500 miners belonging to the now defunct crypto lender at its Alpha Site. Note that USBTC is a member of the Fahrenheit consortium that took over Celsius assets in May. According to Asher Genoot – the President of US Bitcoin Corp: Opportunity to manage Celsius assets marked a defining milestone … We envision a future where Bitcoin mining is not just profitable but sustainable and industry advancing. At the time, the said assets which included more than 120,000 miners were valued at about $2.0 billion ( find out more ). USB...

European users will now be able to purchase cryptocurrencies on Coinbase using PayPal. So far Coinbase users from the US, Canada, UK and Europe can use PayPal to purchase crypto. Coinbase recently got the green light from the National Futures Association to provide cryptocurrency futures to qualified US clients. The world’s largest online payment company, PayPal, has teamed with Coinbase , a prominent cryptocurrency exchange . This collaboration seeks to make the procedure of purchasing cryptocurrencies for crypto aficionados in Germany and the UK as simple as possible. According to Coinbase, purchasing cryptocurrencies should be as simple as making any other purchase. However, conventional banking techniques, such as wire transfers, can cause the process to lag. This partnership promises a smoother transactional experience for clients thanks to PayPal’s extensive knowledge and technology investments ensuring safety and transparency. Purchasing crypto using PayPal on Coinbase C...

Binance aims to stop support for BUSD by February 2024. The Binance USD stablecoin was being issued by Paxos before the New York Department of Financial Services ordered it to stop. Paxos has also indicated that it will stop support of the Binance stablecoin by February 2024. With plans to discontinue support for Binance USD (BUSD), the Binance cryptocurrency exchange has urged users to begin converting their BUSD holdings into FDUSD, a newly listed stablecoin. Binance confirmed earlier rumours that it will gradually remove support for BUSD by February 2024 in a statement on August 31. This decision is in line with Paxos’ plans to stop BUSD redemption at that time. Binance’s official statement comes after multiple customers uploaded photos of a pop-up announcing the upcoming support suspension on their mobile app. Converting BUSD to First Digital USD (FDUSD) In the statement, Binance is encouraging its users who still have BUSD in their wallets to exchange or convert their B...

A US court has dismissed the class action lawsuit against crypto platform Uniswap. The suit alleged Uniswap users lost money in scam tokens on the platform,but the judge ruled you cannot sue software of provider of the software for crimes committed by third parties. Judge Katherine Polk Failla of the US District Court for the Southern District of New York has thrown out a class action lawsuit filed against Uniswap .  The judge ruled that Uniswap Labs and its CEO cannot be sued for providing the software, when its third-party users who committed alleged scams. No identifiable defendant The lawsuit filed in April 2022 alleged that the plaintiffs lost money in scam tokens bought via the DEX platform. Judge Failla, who is also the judge assigned to the Coinbase/SEC case, wrote that there is no “identifiable defendant” to sue as the identity of the scammers was unknown to either party. “ Due to the Protocol’s decentralized nature, the identities of the Scam Token issuers are bas...

ETF analyst Eric Balchunas and James Seyffart say the odds of a Bitcoin spot ETF approval this year are 75%. The Bloomberg ETF analysts say the SEC has “very little wiggle room” and that denying spot ETFs further would be “politically untenable”. The SEC has suffered both legal and PR loss after Grayscale’s win. The US Securities and Exchange Commission (SEC) has “very little wiggle room” now and will soon have to approve the first Bitcoin spot ETF for the US market. That’s Bloomberg ETF analysts Eric Balchunas and James Seyffart’s take after yesterday’s court decision that granted a review petition filed by Grayscale Investments. The odds are up from 65%. Experts say odds of spot ETF have increased Balchunas shared his and Seyffart’s prediction of when the SEC could approve the ETF, noting a 75% probability it happens in 2023 and 95% by the end of next year. Noting that the SEC’s loss in the Grayscale lawsuit had increased odds of a spot ETF finally being approved, the seni...

Bitcoin Cash price is down 5% on the day after rising 21% on Tuesday as Grayscale news helped push BCH to above $228.  Sellers could push the altcoin’s price lower amid broader market’s profit taking deals. Bitcoin Cash (BCH) was one of the biggest gainers Tuesday after crypto surged on news of Grayscale’s court victory against the US Securities and Exchange Commission (SEC). Bitcoin Cash paring gains after huge spike BCH rose to $228, rising a notable 21% on the day as the market repriced news of a Bitcoin ETF approval. The altcoin ended the day 18% up. Santiment shared the chart below showing BCH led the crypto spike. 📊 After the news of #Grayscale 's victory over the #SEC quickly lifted #crypto markets, the biggest notable beneficiary actually has turned out to be #BitcoinCash , due to its increased exposure. This phenomenon was similar to what we saw in mid-June when the #ETF news was first pic.twitter.com/HzEEEqZqIt — Santiment (@santimentfeed) August 29, 2023...

Stacks (STX) has gained 18.43% today to trade at $0.5319 at press time. Toncoin (TON) has gained 15.51% today to trade at $1.74 at press time Bitcoin Cash (BCH) had jumped by 12.33% to trade at $216.57. The cryptocurrency market has turned green today with a majority of the top cryptocurrencies by market cap registering significant price surges. Stacks (STX), Toncoin (TON), and Bitcoin Cash (BCH) have come out as the top gainers as the global crypto market cap increased by 4.35% to hit $1.09 trillion.  But what is making the crypto market surge? Well, let’s delve into the factors behind today’s crypto price surges. Why is the crypto market rising today? Today’s crypto market price surge coincides with Grayscale’s win against the US SEC in the Bitcoin ETF case. The US Court of Appeals for the DC Circuit on August 29 ruled in favour of Grayscale in its long-running lawsuit against the Securities & Exchange Commission. The ruling was monumental for the crypto indu...

BlockFi is requesting to convert the assets to Gemini Dollar (GUSD) or another stablecoin The motion has been backed by the court-recognized BlockFi creditors’ committee. BlockFi started the process of returning users’ funds on August 16 after the court allowed the corporation to open withdrawals. BlockFi, a defunct cryptocurrency lending company, has filed a court application asking for the conversion of “trade-only” assets from its users’ accounts into stablecoins so that the users can withdraw them. The request is a further step in the process the corporation started in August to restore user monies. The request was submitted on August 29 to the District of New Jersey of the United States Bankruptcy Court. The assets in question include Dogecoin (DOGE) , Bitcoin Cash (BCH), and Algorand’s native token (ALGO). Users can not currently withdraw the named cryptocurrencies and BlockFi is advising a one-time swap to Gemini Dollar (GUSD) or another stablecoin. Attempts to allow Bloc...

The EOS received a whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA). EOS will start trading on BitTrade in Japan in mid-September. Crypto-asset providers in Japan are monitored and regulated by the JVCEA and FSA under the Payment Services Act. The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. The accomplishment opens the door for EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. By giving the EOS Network more exposure and accessibility to a wider spectrum of Japanese end users, developers, and investors, the JVCEA’s approval represents a significant advancement for EOS. Midway through September, EOS will start trading on BitTrade, a renowned cryptocurrency exchange authorized and governed by the nation’s Financial Services Agency (FSA). Japan’s strict crypto regulations Japan’s str...

Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin price saw a huge spike in volatility on Tuesday afternoon as prices across the crypto market rose. The world’s largest cryptocurrency by market cap jumped 7% to trade to highs of $28,142 at 1:05 pm ET, with the crypto market cap rising 6% to $1.15 trillion. Bitcoin price chart Elsewhere in the market, Ethereum traded to highs of $1,740, with its value up 5% in the past 24 hours. All the top 10 altcoins were in the green on the day at the time of writing, with BNB up 4%, XRP +3.8%, Cardano +4% and Dogecoin +6%. Why is Bitcoin and crypto surging? Bitcoin’s sharp price action to the new multi-week high came as the market reacted to news that Grayscale Investments had won in its lawsuit against the US Securities and Exchange Commission (SEC). As CoinJournal reported earlier today, the DC Circuit court rul...

The EOS received a whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA). EOS will start trading on BitTrade in Japan in mid-September. Crypto-asset providers in Japan are monitored and regulated by the JVCEA and FSA under the Payment Services Act. The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. The accomplishment opens the door for EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. By giving the EOS Network more exposure and accessibility to a wider spectrum of Japanese end users, developers, and investors, the JVCEA’s approval represents a significant advancement for EOS. Midway through September, EOS will start trading on BitTrade, a renowned cryptocurrency exchange authorized and governed by the nation’s Financial Services Agency (FSA). Japan’s strict crypto regulations Japan’s str...

Digital assets investment products saw outflows of $168 million last week, $146 million of which was for Bitcoin. It’s the largest weekly outflows total since March 2023, according to a report by CoinShares. CoinShares’ latest weekly report on digital asset investment flows shows that the market witnessed its largest funds outflows in nearly six months last week. The outflows come as sentiment across cryptocurrency dips amid recent sell-off. Crypto sees $168 million in outflows According to the report, outflows totaled $168 million over the week to mark the largest outflow from crypto products since March 2023 when the US Securities and Exchange Commission (SEC) started its regulatory crackdown on major exchanges . The outflows in the week ended August 25 saw the monthly outflows stand at $278 million as sentiment continued to trend negative amid “exceptionally low trading volume.” Indeed, CoinShares data shows the investment products market traded $1.3 billion last week, abou...

Canaan Inc. (NASDAQ: CAN) has released its Q2 financial report showing an increase in mining revenue. The Bitcoin miner’s total revenue rose to $73.9 million, increasing by 33.7% compared to Q1, 2023. Canaan reportedly held 1125 bitcoins as of June 30, 2023. Canaan Inc. (NASDAQ: CAN), one of the leading Bitcoin mining companies, has reported its unaudited financial results for Q2, 2023. According to the report, revenue from BTC mining jumped 43.3% quarter-on-quarter, from $11.1 million to $15.9 million.   Meanwhile, total revenues rose to $73.9 million in the quarter, 33.7% up on Q1 revenues of $55.2 million. However, with the crypto market still heaving from the bear market impact, Canaan’s second quarter revenue is significantly lower compared to the $245.9 million reported in Q1, 2022. Commenting on the financial results, Canaan CEO Nangeng Zhang, said in a press release :  “ We navigated the challenges in the second quarter of 2023, surpassing our topline guidance...

Digital Currency Group (DCG) moving toward resolving the financial challenges of its crypto lending subsidiary, Genesis. The agreement could possibly lead to a fair recovery for creditors. The agreement is still subject to several handles, but Genesis expects the agreement to be completed in the coming weeks. According to a document submitted on Monday to the US bankruptcy court in the Southern District of New York, Digital Currency Group (DCG) and Genesis Global’s creditors have struck an in-principle agreement to settle the claims that surfaced during the crypto lender’s bankruptcy proceedings . Genesis Global Holdco, LLC, Genesis Global Capital, LLC, and Genesis Asia Pacific Pte. Ltd. voluntarily filed petitions under Chapter 11 of the US Bankruptcy Code in January 2023. Genesis creditors to get refunds in US dollar Genesis, the crypto lending subsidiary of Digital Currency Group (DCG), had almost $3.5 billion in debt to its top 50 creditors, one of them being Gemini, accor...

The price of Akropolis (AKRO) cryptocurrency has risen by 441% over the past year. In the past 24 hours, the coin has surged by 30% to trade at $0.0192. Akropolis is one of the best-performing cryptocurrencies in 2023. The native token of Akropolis, a decentralized finance (DeFi) protocol focusing on under-collateralized loans, has been on steroids since the beginning of the year. Akropolis (AKRO) price has risen by 441% since the beginning of the year, marking a splendid growth of the DeFi token. While those who invested in AKRO early are enjoying their profits, new investors are hesitant since the cryptocurrency could be heading into the overbought region after such a magnificent price surge. However, that can be only determined by understanding what is causing the token to rise. Here is why the Akropolis (AKRO) price is rising The main reason why the Akropolis (AKRO) price is going up is the increased activity on Akropolis, especially after the recent update. The Akropoli...

  The dYdX (DYDX) ecosystem is braced for the upcoming $14 million token unlock. A bump in DYDX supply could be felt in the price reaction, with DYDX trading around $2.16. According to Token Unlocks , DYDX is among several altcoins set to add numbers to token supply this week. Others poised for a September supply bump are Optimism, 1inch, and Hedera. 🚨 September Unlocks Activities 🚨 ~ $931 million will be unlocked and issued in Sep. 🌟 Highlighted Cliffs ( %Circ. ) 🌟 $HBAR – 3.49% $APE – 11.02% $OP – 3.37% More details on unlocks, and new issuance are ready for you. More details 🔓 https://t.co/Q8cyIRtEbF — Token Unlocks (@Token_Unlocks) August 25, 2023 On August 29, the dYdX Foundation will unlock 6.52 million DYDX worth about $14.41 at the time of writing. The governance token has a total supply of 1 billion tokens, of which current circulating supply is 173 million DYDX. Per the token’s allocation and distribution metrics, the entirety of the 1 billio...

Clockwork is a Solana-based smart contracts automation tool that raised $4 million from Multicoin and other investors. The Devnet and mainnet nodes will be frozen on October 31. Solana ecosystem platform Clockwork is shutting down its nodes on Devnet and mainnet on October 31, founder Nick Garfield announced on Sunday. The smart contracts project, which raised $4 million from investors in a round led by Multicoin Capital, however says the code remains open-source for any developer looking to fork it. “ Clockwork was initially conceived out of a need for an on-chain automation primitive. To that end, the team and I feel successful in completing our original mission and proud of the adoption it has seen. Ultimately the reason we are stepping away now is simple opportunity cost. We admittedly see limited commercial upside in continuing to develop the protocol, and have a growing personal interest to explore new opportunities ,” Garfield noted. Clockwork’s automation tooling was d...

The Optimism Foundation and Coinbase-backed layer-2 platform Base eye shared governance of OP Chains. Base will receive 118 million OP token spread over six years. The Optimism Foundation and Base, a Layer 2 on the OP Stack, are looking to cooperate further in the quest to enhance security, scalability and decentralisation in the Optimism Collective – the Superchain.    For this, the Optimism Foundation has outlined a proposal that could see Coinbase -backed Base receive a grant totaling 118 million OP tokens. “ This grant is meant to retroactively reward Base’s contributions thus far to scaling Ethereum and the OP Stack, ensure Base’s long term alignment and commitment to the ecosystem, and critically, give Base a meaningful voice in the system of Optimism Governance, to which they’ve entrusted the future of their chain ,” the  announcement read. Optimism’s revenue and governance proposal also details a commitment that the Base team has to make with regard to dis...

Num Finance’s new stablecoin nCOP adds to the nARS and nPEN pegged on Argentina Peso and Peruvian Sol. Colombia is one of Latin America’s top remittances markets with nearly $6.5 billion of inflows. Num Finance, a stablecoin issuer focused on the Latin America market, has launched a new stablecoin pegged to the Colombian Peso. The new stablecoin is dubbed nCOP and will be issued on the Polygon network, Num Finance’s blockchain partner, and is designed to bring the benefits of borderless transactions to the Colombian remittances market. “ In Colombia, there exists a unique opportunity to “tokenize” remittances and offer them a yield in nCOP, based on regulated financial products. Currently, Colombia is one of the main recipients of remittances in Latin America, with nearly USD 6.5 billion flowing into the country. Num Finance aims to provide a new possibility for people to send and receive nCOP as remittances and get a yield on it ,” Num Finance CEO Agustín Liserra said in a blo...

At press time, PEPE was trading at $0.0000008854, down 18.06% in 24 hours. The token dropped to a low of $0.0000008058 after news of trillions of token movement emerged on August 24. The tokens were moved to Binance and OKX among two other major exchanges. On Wednesday morning, PepeCoin (PEPE) plunged after millions of dollars worth of PEPE were transferred from the team’s wallet to various crypto exchanges. As news of the multi-million dollar token transfers emerged on social media, the token’s market capitalization dropped by $100 million, from $444.4 million to a low of $344.7 million. 16.045 trillion PEPE sent to four exchanges The PepeCoin team sent 16.045 trillion PEPE tokens worth $16.85 million to four exchanges including Binance , Bybit, KuCoin , and OKX from a multi-sig Ethereum address. Normally, a multi-sig wallet requires approval from many parties before any transactions can be done from the wallet. The PepeCoin team reduced the security requirements for its mul...

At press time, Ripple (XRP) was trading at $0.5149, down 1.64% in the past 24 hours. The XRP trading volume has dropped by 4.56% today as fears of XRP’s future continue. The Court allowed the US SEC to appeal the Ripple (XRP) case. Investors appear to be liquidating their positions as Ripple (XRP) struggles to maintain growth following Judge Torres’ summary finding in the US SEC v. Ripple Labs case that XRP isn’t a security. Additionally, following a recent price decrease, a whale moved over 29 million XRP, worth over $15 million, to the Bitstamp cryptocurrency exchange. According to a Whale Alert article on August 24, the whale transferred 29,300,000 XRP worth $15.13 million to the Bitstamp. 🚨 29,300,000 #XRP (15,130,884 USD) transferred from unknown wallet to #Bitstamp https://t.co/DhcHkKNdzc — Whale Alert (@whale_alert) August 24, 2023 Additional information raises the probability that this whale may be angling to sell its XRP holdings because it recently transferr...

Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding through selling, staking and hedging with the help of Galaxy Digital. Defunct cryptocurrency exchange FTX has reported that its bankruptcy case claims agency, Kroll, had a cybersecurity breach that resulted in the exposure of limited, non-sensitive customer data of specific claimants. According to FTX, the situation is being actively monitored to ensure that funds, systems, and account passwords are not impacted. The ailing cryptocurrency exchange, which is planning a relaunch , alerted its clients, lenders, and the general public of the data breach involving its claims agent Kroll on August 25 through the X platform (formerly Twitter). Kroll in contact with affected individuals According to FTX, Kroll is currently educating those affected by the cybersecurity incident about the precautions they may take to...

Ethereum whales used last week’s dip in prices to quickly accumulate thousands of ETH. Data shows 4 whale addresses bought $94M of ETH as Ether price fell to lows of $1,540. Ethereum price falling to under $1,600 last week provided an opportunity not to miss for four whales, blockchain sleuth Lookonchain has revealed. Ethereum whales buy the dip Per the details, the four wallet addresses collectively bought $94 million in ETH , Ethereum’s native token. The whale activity happened as the price of Ether declined alongside that of Bitcoin and other crypto assets during last week’s broader market sell-off. According to on-chain data, the three of the four whales bought 18,000 ETH, 17,900 ETH and 18,200 ETH worth more than $30 million each. The other scooped 2,000 ETH worth approximately $3.4 million. Whales are accumulating $ETH from the bottom! 4 whales accumulated 56.1K $ETH ($94M) in the past 7 days. – 0x3CEE accumulated 18K $ETH ($30M); – 0x3478 accumulated 2K $ETH ($3....

Bitfinex Turkey has partnered with local banking giant Vakıfbank to offer zero-cost deposits for the Turkish Lira (TRY). Customers will also access no-fee withdrawals for up to 2 million TRY. Bitfinex customers in Turkey can now deposit the local currency Turkish Lira (TRY) directly from their bank account at zero cost. The crypto exchange said in a blog release on Thursday that Bitfinex Turkey would offer this service in partnership with Vakıfbank, one of Turkey’s largest banks. “ We are proud to offer Turkish customers the ability to deposit TRY seamlessly and cost-effectively into their Bitfinex Turkiye accounts. By integrating with Vakıfbank, one of Turkiye’s largest banks, we are making it easier than ever for customers of Bitfinex Turkiye to access the cryptocurrency market, ” Paolo Ardoino, the CTO of Bitfinex, commented. Reduced fees for TRY/USDT pair Per the announcement, support for zero-cost deposits is available effective immediately via the Bitfinex Turkey web pl...

PancakeSwap (CAKE) has officially expanded to Ethereum Layer 2 platform Linea. The launch of PancakeSwap v3 on Linea comes after a successful testnet, with users now able to access features such as advanced swaps and liquidity provision. PancakeSwap is live on Ethereum, BNB Chain, Aptos, Arbitrum, Polygon zkEVM and zkSync Era. PancakeSwap , a decentralised exchange available on multiple leading networks, has announced that its v3 is now live on the Linea mainnet. According to a blog post the Multi-chain DEX platform published today, PancakeSwap v3’s official launch on the Ethereum Layer 2 platform follows its successful testnet deployment.  🌟 We've arrived on Linea mainnet! We're thrilled to share this moment with you all. Start accumulating points and unlock exclusive NFTs by completing tasks. Don't miss out on any details – follow our straightforward guide! 🚀 Here's how to get started: 🔗 Connect your wallet… pic.twitter.com/oRW6lEJ03b — PancakeSwap🥞Eve...

Bitget has listed Stellar (XLM), a project that’s currenly a $3.4 billion market cap token. Bitget has announced the listing of Stellar (XLM), with the token added to the crypto derivatives platform’s Innovation Zone and Payment Zone. A post on X said that deposits and trading were open, while withdrawals would be available starting August 25, 2023 from 11 AM UTC. Per the details in a blog post , Bitget noted available support is for the XLM/USDT pair. Bitget’s Innovation Zone lists trending tokens, offering a 60-day valuation period for the listed trading pairs. Trading has to meet certain criteria, like market depth and so on, otherwise the exchange reserves the right to delist said tokens. XLM price Stellar is an open-source crypto network that powers cross-border digital payments powered by Stellar Lumens . The token uses the XLM symbol and has been one of the trending coins in the market. While outlook in recent weeks has suffered from broader market weakness, the overall ...

Render (RNDR) price bounced 10% after AI hype around Nvidia triggered upside for AI stocks and crypto tokens. Render bulls are targeting the key price level of $1.58, which could allow for a short-term breakout to $2.00. Render (RNDR) price rose sharply on Thursday as the altcoin reacted higher on Nvidia earnings that crushed expectations. With hype around AI hitting a new high after another huge guidance from Nvidia, RNDR price looks poised for a retest of the key supply zone near $1.58. RNDR price up as AI narrative strengthens On Wednesday, the semiconductor giant took the market by storm with its revenue and guidance. As announced , the chip maker’s net income of $6.7 billion for the quarter ending July 30 was 422% up on the same period a year ago.  Projections for the coming quarters saw investors rush to position themselves, with AI stocks bouncing higher. With Nvidia’s AI bet providing a sector-wide boost, it was no surprise to see crypto AI tokens also surge. Accord...

At press time, $PLANET was trading at $0.00005528, up 14.96% in the last 24 hours. It is the top gainer among today’s most trending cryptocurrencies. $PLANET’s popularity surge coincides with India’s Chandrayaan3 touching down on the moon. PLANET cryptocurrency is the native token of a platform called Planet that uses blockchain technology to tackle the most important sustainability concerns in the world. The ‘Join Our Planet’ movement is propelled by a steadfast dedication to resolving the 17 Sustainable Development Goals (SDGs) established by the United Nations as the most important issues facing the planet today. Planet exploits Web2 and Web3’s inclusivity to unite people from all around the world in support of environmental causes. It mobilizes global action through the influence of celebrity and fandom, with the biggest stars in the world supporting issues close to their hearts. Why is the PLANET token trending? The price of PLANET cryptocurrency is suddenly skyrocketing ...

DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022. Co-founders of Tornado Cash – a fully decentralised crypto mixer based out of Russia – have been charged with money laundering, as per an indictment unsealed today. Tornado Cash laundered money for the Lazarus Group Roman Semenov and Roman Storm allegedly laundered over $1.0 billion in total, of which, hundreds of millions of dollars they did for a sanctioned North Korean hacking unit – the Lazarus Group . The U.S. Department of Justice arrested Storm on Wednesday and is on the lookout for Semenov. According to James Smith – an Assistant Director of the FBI: We’re treating this like any other fugitive now. We’re working with law enforcement, outside and inside of our agency, trying to locate and arrest this individual. Alexey Pertsev – the third co-founder of Tornado Cash was not included in the aforemention...