US Treasury lifts sanctions on Tornado Cash, allowing access for Americans

The U.S. Department of the Treasury has lifted sanctions against Tornado Cash, a decentralized cryptocurrency mixer, effectively legalizing its use for American citizens.  This move reverses the August 2022 sanctions imposed by the Office of Foreign Assets Control, which had accused the platform of facilitating money laundering activities, including transactions linked to North Korea’s Lazarus…

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Latest Solana News Today

SOL’s price performance over the past 24 hours has been in line with that of the rest of the cryptocurrency market and remains largely in red. Let’s check out some of the more important Solana ecosystem news. Raydium launches Pump.Fun competitor Raydium – Solana’s most popular decentralized exchange – saw a surge in its token’s…

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Trader Issues Warning on Shiba Inu Competitor FLOKI, Says Memecoin Is Primed To Crash – Here Is His Target

Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame. According to the crypto analyst, FLOKI could fall by around 37% from the current level once it breaks…

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Michael Saylor’s Strategy plans to raise $711 million to fund Bitcoin acquisition

Key Takeaways Strategy plans to raise approximately $711 million for Bitcoin acquisitions and working capital. The released preferred stock offers a 10.00% dividend rate and redemption rights under certain conditions. Share this article Strategy, the business intelligence firm helmed by Michael Saylor, announced Friday it is expecting to raise approximately $711 million in net proceeds…

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