2 / 6 Relevant items tagged with #TornadoCash

Posts

Okx Says Accounts Interacting With Tornado Cash Will Be Closed

[Aug 10 4:30 AM] According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including…

New York Federal Reserve Staff Paper on Tornado Cash Concludes Ethereum Is ‘Not Immune to Censorship and Cooperation’

[Aug 9 9:35 PM] A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the…

OKX Takes Action: Accounts Involving Tornado Cash To Be Banned

[Aug 9 9:30 PM] The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado Cash in an attempt to prevent illicit activity and promote compliance with international laws. According to OKX CEO Star…

OKX cracks down on Tornado Cash users with account terminations

[Aug 9 7:30 AM] As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms.

Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash

[Aug 8 11:23 AM] A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield.

Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash

[Aug 8 9:10 AM] The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry.

Did Sanctioning Tornado Cash Work?

[Aug 8 4:31 AM] Sanctions are an effort to throw the weight of the U.S. dollar around to tamp down on activities the U.S. government thinks may be harmful – like money laundering to fund terror groups or rogue nations. The New York Federal Reserve thinks they had…

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

[Aug 7 2:27 PM] The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.

Rain exchange attacker address starts laundering ETH through Tornado Cash

[Aug 7 11:13 AM] This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.

Unizen hacker transfers $2.1M stolen funds to Tornado Cash

[Aug 7 8:23 AM] The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.

Crypto hackers buy Ethereum dip using stolen funds

[Aug 5 7:53 AM] Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount.

DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve

[Aug 1 6:55 PM]

Tornado Cash sees $1.9B resurgence this year despite sanctions

[Jul 18 8:29 PM] The volume of new deposits into the OFAC-sanctioned crypto mixer has jumped significantly in the first half of 2024.

Shiba Inu price drops 10% — SHIB sell-off risk soars amid WazirX $235M hack

[Jul 18 4:39 AM] SHIB is the biggest crypto by the US dollar value drained from WazirX’s wallet in the hacking incident that includes Pepe, Ether, and other cryptocurrencies.

Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court

[Jul 15 4:07 AM] Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.

Tornado Cash developer Alexey Pertsev denied bail while awaiting appeal

[Jul 13 9:57 PM] Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

[Jul 12 12:19 PM] Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

CoinStats exploiter moves almost $1M to Tornado Cash

[Jul 10 4:03 AM] CoinStats said in a July 5 update that it’s still investigating the incident and is taking action to secure its new infrastructure.

Pancake Bunny hacker siphons $2.9M of Ether through Tornado Cash

[Jul 8 4:03 AM] Three years after the Pancake Bunny flash loan attack, the hacker moved $3 million in ETH through Tornado Cash.

AI makes it even easier for governments to surveil you — Nym CEO

[Jun 26 5:05 AM] Nym CEO Harry Halpin tells The Agenda podcast that artificial intelligence makes it easier than ever to conduct surveillance against activists and dissidents.

Crypto community backs Tornado Cash devs with $2.3M legal fund

[Jun 19 9:45 AM] Tornado Cash’s founders and developers are in the legal crosshairs, but the crypto community argues merely writing code shouldn’t be a crime.

Remilia hacker moves $4.3M to Tornado Cash

[Jun 17 3:01 AM] On March 16, millions of dollars worth of non-fungible tokens and Ether was stolen from the Remilia DAO and transferred to an unknown wallet address.

Samourai Wallet shutdown: Implications for other privacy and self-custody tools

[Jun 14 8:45 AM] The seizure of the Samourai Wallet website and the indictment of its founders might have implications for other privacy-preserving self-custodial tools.

Tornado Cash sentence 'radically unfair and unreasonable' — Nym CEO

[May 30 3:27 PM] CEO Harry Halpin pointed to history and used Nazi Germany as an example of why digital privacy must be protected in the 21st century.

Vitalik Buterin wallet contributes 30 ETH to Tornado Cash legal fund

[May 30 1:55 AM] The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence.

BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?

[May 28 4:50 AM] Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities.

Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages

[May 21 9:19 PM] Although zero-knowledge (ZK) proofs are often considered complex to set up, Iva Wisher, co-founder of the Layer two platform Prom, argues that the technology’s unparalleled privacy, faster transaction finality, and overall efficiency outweigh any…

Freedom of speech isn’t a ‘trump card’ for Tornado Cash developers

[May 21 7:44 AM] Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?

Tornado Cash verdict has chilling implications for crypto industry

[May 19 8:58 AM] The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain.

Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined

[May 17 1:25 PM] The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.