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2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash

2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash

Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash continues to be the preferred mixer for these individuals and groups of hackers The perpetrators of the 2020 exploit …

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Indian Finance Minister Praises Blockchain but There’s a Catch 

Indian Finance Minister Praises Blockchain but There’s a Catch 

Hailing blockchain as “absolutely imperative,” Indian Finance Minister Nirmala Sitharaman asserted that the anonymity factor of this emerging technology is an “inherent risk,” and it calls for taking precautions. She, however, accepted that private cryptocurrencies such as bitcoin are “fairly well spread” in India. Sitharaman clarified that the Indian government supports the use of distributed …

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European shares steady after steepest slide for global stocks since 2020

European shares steady after steepest slide for global stocks since 2020

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

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Live news: Russia’s failings in Ukraine war scupper Putin’s plans to claim success, UK says

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

Live news: Russia’s failings in Ukraine war scupper Putin’s plans to claim success, UK says Read More »

Nervous South Koreans seek ways to counter North’s nuclear threat

Nervous South Koreans seek ways to counter North’s nuclear threat

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access …

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Andy Warhol painting of Marilyn Monroe sells for record $195mn

Andy Warhol painting of Marilyn Monroe sells for record $195mn

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access …

Andy Warhol painting of Marilyn Monroe sells for record $195mn Read More »

Tron’s Justin Sun Buys $1M in UST in What He Calls a ‘Secret Plan’ For the Stablecoin

Tron’s Justin Sun Buys $1M in UST in What He Calls a ‘Secret Plan’ For the Stablecoin

Summary: Justin Sun has reportedly purchased $1 million worth of UST on Curve Finance Tron’s founder had announced via Twitter that he was buying UST This is after the saga of the UST stablecoin depegging from the one dollar mark Terra’s Do Kwon had asked Justin Sun what his plans were, to which he replied, …

Tron’s Justin Sun Buys $1M in UST in What He Calls a ‘Secret Plan’ For the Stablecoin Read More »

Terra’s UST Depegs After a Massive $285M Dump of the Stablecoin on Curve Finance and Binance

Terra’s UST Depegs After a Massive $285M Dump of the Stablecoin on Curve Finance and Binance

Summary: Terra’s UST has depegged from the one dollar mark after massive selling of the stablecoin on Curve Finance and Binance The selling was to the tune of $285 million in UST and resulted in a $2.25 billion outflow of the stablecoin from the Anchor Protocol UST has since stabilized to the $0.996 price level …

Terra’s UST Depegs After a Massive $285M Dump of the Stablecoin on Curve Finance and Binance Read More »

2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash

2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash

Quick take: The 2020 hackers of Pickle Finance have laundered 1,800 Ethereum through Tornado Cash Roughly $20 million in the stablecoin of DAI was stolen from the protocol at the time of the exploit Tornado Cash continues to be the preferred mixer for these individuals and groups of hackers The perpetrators of the 2020 exploit …

2020’s Pickle Finance Hackers Launder 1,800 Ethereum Through Tornado Cash Read More »