Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says

The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.Source

UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October

The FCA’s actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator’s director of consumer investments, said in an interview.Source

CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds

Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%.Source

Long-Dormant Wallets Tied to $4B PlusToken China Ponzi Moves 2.8K Ether

In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others.Source

First Mover Americas: BoJ Comments Offer Relief to Crypto

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

WiFi Provider Andrena Raises $18M to Offer Decentralized Broadband

Source

Synthetix Founder Have Donated Funds to Beleaguered Ex-Treasurer: EmberCN

On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company’s treasury and donated $86k to SynthaMan, the company’s former treasurer that was liquidated during last week’s market plunge.Source

WOO X Now Lets Traders Bet on Upcoming Tokens

The ORDER token of Orderly Network, an on-chain liquidity provider, is being offered as the first on the market, with prices down 5% since its listing at 8 A.M. UTC.Source

Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K

According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.Source