TOP 5 crypto news for August 12
The cryptocurrency market today was excited by information about the growth in the value of SAND, the freezing and possible return of funds to those affected by the Curve hack, the arrest of the Tornado Cash cryptomixer developer.
Binance has frozen $450,000 worth of cryptocurrency deposited on the exchange by a hacker after the Curve hack. According to the head of the CZ exchange, this is 83% of the stolen funds. The exchange plans to return the funds to the victims.
Dutch police have arrested a 29-year-old man in Amsterdam suspected of being the developer of the Tornado Cash cryptocurrency mixer.
South Korea's prosecutors are making their first arrests over the collapse of the Terra (LUNA) project. Three people were detained. They are charged with:
- falsifying financial data and providing them to banks;
- organizing transactions for trading digital assets without the necessary permission;
- conducting suspicious transactions with foreign currency in the amount of $3.4 billion.
The Sandbox (SAND) project coin has responded positively to the growing interest in its Metaverse. The value of the cryptocurrency has increased by 76% since June. The chart shows a long-term bullish trend.
The Central Bank of the Russian Federation will launch CBDC by 2024. Banks and other organizations will be connected to the digital ruble platform within the next year.
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