6 / 6 Relevant items tagged with #TornadoCash

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Crypto lobbyists still fighting to axe 'unlawful' Tornado Cash sanctions

[Jun 4, 2023 11:48 PM] The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions.

Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions

[Jun 2, 2023 12:11 PM] In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors.

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

[May 25, 2023 2:18 AM] Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

[May 25, 2023 1:05 AM] The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

Coinbase-backed motion makes 4 key arguments to lift Tornado Cash sanctions

[May 24, 2023 11:13 PM] According to the filing, the Treasury lacks the authority to prohibit Tornado Cash and transactions associated with it.

Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief

[May 24, 2023 4:00 PM] On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The…

Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links

[May 24, 2023 5:42 AM] Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money.

Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack

[May 21, 2023 9:34 PM] The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.

Tornado Cash (TORN) Suffers 27% Drop As Hackers Strike

[May 21, 2023 4:05 AM] Tornado Cash (TORN) has experienced a sudden fall in its market price over the last few hours following news of the DeFi protocol suffering a crypto exploit late yesterday. According to data from CoinMarketCap, Tornado Cash is down 28.25% in the…

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

[May 8, 2023 7:58 AM] Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency�

Tornado Cash Suffers 13% Bear Hit, Will Parole Save Price?

[Apr 21, 2023 2:00 PM] Tornado Cash token (TORN) is trading on a negative 13% in today’s trade session, canceling its previous day’s gains and rally, which saw the token rise close to the $12 mark. Coinmarketcap data reveals the token to be trading at $8.77…

Tornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules

[Apr 20, 2023 5:09 AM] Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol

How OFAC’s Tornado Cash Sanctions Violate U.S. Citizens’ Constitutional Rights

[Apr 18, 2023 9:06 AM] In filing a “friend of the court” brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm.

Push to ban ransomware payments following Australia's biggest cyber attack

[Apr 11, 2023 10:46 PM] The attack on Latitude Financial is Australia’s biggest cyber attack with driver's license numbers, passports and financial documents among the stolen information.

Coinbase supports new court action to remove Tornado Cash ban

[Apr 5, 2023 9:28 PM] The motion is part of a broader effort to restore internet privacy rights for United States citizens.

Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011

[Mar 21, 2023 2:00 PM] Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7…

Tornado Cash dev says 'sequel' to crypto mixer aims to be regulator-friendly

[Mar 6, 2023 8:19 PM] Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.

Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash

[Feb 27, 2023 12:00 AM] Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash.

FTX poked the bear and the bear is pissed — O'Leary on the crypto crackdown

[Feb 20, 2023 7:36 PM] Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another.

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

[Feb 15, 2023 12:39 AM] While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.

Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers

[Feb 14, 2023 11:22 PM] The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work.

OFAC-compliant blocks on Ethereum hit three-month low of 47%

[Feb 13, 2023 11:35 PM] Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.

Vitalik Buterin Proposes A Privacy Fix for Ethereum

[Jan 23, 2023 1:00 PM] Vitalik Buterin, the co-founder of Ethereum, recognizes the privacy problem in the most active smart contracting platform. He is proposing a stealth address system as a possible fix. Vitalik Buterin’s idea radically differs from what Tornado…

Vitalik Buterin divulges the ‘largest remaining challenge’ for Ethereum

[Jan 22, 2023 8:57 PM] While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions.

Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis

[Jan 19, 2023 11:10 PM] A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up.

Sanctions couldn't 'pull the plug' on Tornado Cash: Chainalysis

[Jan 9, 2023 10:08 PM] While it has become harder to access the crypto mixer today, for better or worse, decentralization means it's near impossible to put an end to it.

Into the storm: The murky world of cryptocurrency mixers

[Dec 7, 2022 9:04 AM] A handful of obfuscation protocols are competing for the user base of OFAC-sanctioned Tornado Cash.

Treasury officials would have done more for national security by leaving Tornado Cash alone

[Dec 5, 2022 11:46 AM] Tornado Cash contributes to our national security interests more than it undermines them.

‘I Wanted to Punch Kanye’ — Free Speech Waffler Elon Musk’s Nonsensical Take on Bitcoin, CBDCs, and Censorship

[Dec 4, 2022 11:00 PM] “Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the world during a Twitter Spaces appearance on Sunday, Dec. 4 (JST). It does sound nice to say, but the voice of the mob should never be…

Don’t Forget the Importance of Censorship Resistance

[Nov 28, 2022 11:30 PM] Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer…