Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Legal news
A Major crypto exchange Coinbase has helped organize and is paying the costs of a lawsuit against the US Treasury Department over its sanctions of coin mixer Tornado Cash, Bloomberg reported. The lawsuit claims Treasury overstepped its authority to block financial transactions benefiting foreign terrorists. It also alleges that the department ensnared law-abiding Americans conducting legitimate digital commerce through a crypto service that offers enhanced privacy and security, per the report. Coinbase will cover the legal costs for the six individuals challenging the Office of Foreign Assets Control (OFAC).
Mining news
The White House says the environmental impact of producing cryptoassets like bitcoin (BTC) could impede US efforts to combat climate change, Bloomberg reported, citing a report by the White House Office of...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...