Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash

A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer. In a Tweet, crypto investor Ryan Adams argued that the developer did something good for the public as he wrote …

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Nvidia cites limited visibility into crypto mining’s impact on Q2 results

Graphics card giant Nvidia CFO Colette Kress says the company has been unable to estimate reduced crypto mining demand impacted its Q2 results, which fell short of analyst expectations on Wednesday. The chip giant released its financial results for the three months ended July 31, which revealed a 19% quarter-on-quarter drop in revenue to $6.5 billion, while net income fell …

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US court gives Voyager green light to pay bonuses to key employees

A New York bankruptcy court has given embattled cryptocurrency brokerage Voyager Digital the green light to pay retention bonuses to key staff members. The firm filed a motion with the United States Bankruptcy Court on Aug. 2 seeking approval for its Key Employee Retention Plan (KERP) which entailed $1.9 million worth of payments to 38 key employees that have been …

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Amendments to US commercial code differentiate crypto and ‘electronic money’

A joint committee of the United States’s Uniform Law Commission (ULC) and the American Law Institute (ALI) finalized amendments to the Uniform Commercial Code (UCC), regulating the specifics of digital asset transactions and crypto-as-collateral secured financings. The amendments are “recommended for enactment in all the States,” although each case of final implementation may vary depending on the State. A final …

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5 Effective Banana Face Masks for Dry Skin Glow and Skin Whitening

Banana face masks for people with dry skin Dry skin people often face skin troubles like dullness, patches and darkness on the face. In winters, the condition gets even worse and you try to find several other dry skin cures. Those deep care lotions and creams give temporary benefit to your skin and afterwards a few hours it remains same …

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Why $20.8K is a critical level for Bitcoin

In this week’s episode of Market Talks, we welcome professional trader Charlie Burton. Charlie is a professional trader with 24 years of experience and has been trading full-time since 2001. He is the founder of EzeeTrader and Charlie Burton Trading. He is also undefeated in the annual London Forex show live trade-off for the five years it was running. He …

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Ethereum Merge in trouble? Developers find bugs ahead of the planned update

While the upcoming Ethereum Merge is one of the most anticipated events in the crypto community at the moment, it’s not free from hiccups. However, Ethereum developers are quick to respond to the issues that arise. Péter Szilágyi, an Ethereum software developer, announced on Twitter that he found a regression that results in a corrupted state. He explained that it …

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Coinbase introduces wrapped staked ETH asset ahead of the Merge

Coinbase has launched a new asset consisting of Ether tokens that are staked and wrapped through the crypto exchange. In a Wednesday announcement, Coinbase said it will be listing Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network as an ERC-20 token, allowing customers to use their staked Ether (ETH) while earning rewards on the exchange. According to its website, …

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