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Cryptocurrency News
Nomad Bridge Hacker Transfers $35.2M in ETH to Tornado Cash
A Nomad Bridge hacker moves $35.2 million in ETH to Tornado Cash, highlighting the ongoing conflict between cryptocurrency privacy and regulation.
Cryptocurrency News
Vitalik Buterin Donates 30 ETH to Support Tornado Cash Developers’ Legal Defense
Vitalik Buterin, co-founder of Ethereum, has reiterated his support for Tornado Cash developers Alexey Pertsev and Roman Storm amid their legal battles. On May 8, Buterin donated 30 ETH, valued at approximately $113,000, to the Juicebox...
Cryptocurrency News
Crypto Developer Alexey Pertsev Receives Five-Year Sentence Amid Tornado Cash Controversy
In a landmark ruling on May 14, Dutch courts have sentenced Alexey Pertsev to 64 months in prison due to his involvement with Tornado Cash, a controversial Ethereum privacy application accused of facilitating $2.2 billion in...
Cryptocurrency News
Cryptocurrency Advocates Rally for Dismissal in Tornado Cash Co-founder Case
In a concerted move that underscores the escalating tensions between regulatory bodies and the cryptocurrency industry, the Blockchain Association, Coin Center, and DeFi Education Fund have collectively backed a legal plea urging the U.S. government to...
Cryptocurrency News
Legal Battle Intensifies: Tornado Cash Co-founder Challenges Federal Allegations
In a significant development in the cryptocurrency sector, Roman Storm, the co-founder of the digital currency mixer Tornado Cash, has formally requested the dismissal of all charges against him. The allegations include running a money laundering...
Cryptocurrency News
Tether Freezes 41 Wallets Linked to Tornado Cash
Stablecoin startup Tether recently froze 41 wallets, with on-chain analysis revealing that several of these cryptocurrency wallets utilized Tornado Cash services. Tornado Cash is included in the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals...
Cryptocurrency News
Vitalik Buterin Co-Authors Paper Describing an Alternative to Tornado Cash
Vitalik Buterin, a co-founder of Ethereum (ETH), along with core developer Ameen Soleimani, Chainalysis' Jacob Illum, and academics Matthias Nadler and Fabian Schar, have jointly written a research study about a new privacy protocol called "Privacy...
Cryptocurrency News
US Treasury challenged over Tornado Cash sanctions
In an attempt to overturn sanctions imposed on Tornado Cash, Ethereum's privacy service, the plaintiffs are questioning the U.S. Department of Treasury's interpretation of property rights in smart contracts and application of the first amendment's free...
Cryptocurrency News
TORN Price gets Lift After Tornado Cash Attacker Proposes to Reverse Governance Attack
The price of TORN, the governance token of the crypto mixer Tornado Cash, experienced a significant rebound, following indications that the hackers responsible for a recent attack on the protocol may be willing to reverse the...
Cryptocurrency News
Attacker hijacks Tornado Cash governance via malicious proposal
An attacker was able to take complete control of the governance of the decentralized cryptocurrency mixer Tornado Cash with a malicious proposal.
A fraudulent proposal received 1.2 million votes from an attacker on May 20 at 3:25...