Search Results for "tornado cash"
US Treasury Updates FAQ on Sanctioned Tornado Cash
The Treasury Department assured the public that no one will be prosecuted for sharing the codes of Tornado Cash and that they can be used in an educational setting.
Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds
The hacker(s) who exploited Deribit Exchange have started laundering the stolen cash through Tornado Cash
Tornado Cash Founders Face Legal Action Over Money Laundering and Sanctions Violations
Tornado Cash co-founders Roman Storm and Roman Semenov have been indicted for money laundering, sanctions violations, and operating an unlicensed money transmitting business. The US Treasury added Semenov to its list, preventing US residents from using the platform.
Euler Finance Audited 10 Times Before $196 Million Attack
Euler Finance, an Ethereum-based lending protocol, underwent 10 audits from six different firms in two years before it suffered a $196 million flash loan attack. Despite this, the audits deemed the platform "nothing higher than low risk" with "no outstanding issues." The attack prompted Euler to launch a $1 million bounty for information leading to the hacker's arrest, only for them to move the funds through crypto mixer Tornado Cash.
Tornado Cash Token Plummets Following Binance Delisting Announcement
The Tornado Cash token's value significantly decreased following Binance's delisting announcement, amid regulatory and market compliance issues in the cryptocurrency sector.
Billionaire Investor Ray Dalio Bearish on Cash Says Central Banks Drive Economy
Billionaire investor Ray Dalio, the Founder and CIO of Bridgewater Associates asserted that since the 2008 Financial Crisis, the behavior of central banks like the Federal Reserve demonstrates that capital markets are no longer free.
Chainlink Flippens Bitcoin Cash by Market Cap, DeFi Push May Take LINK Price Even Higher
Despite a slight correction seen in the last few days, Chainlink (LINK) has continued to rally higher, reaching another new all-time-high, almost reaching $17.
The Adoption of Bitcoin May See Considerable Increase if the Proposed Cash Ban in Australia Activates
Under the new bill being considered by the Australian Parliament, people could be jailed for two years and pay a fine of $ 25,200 for just using more than $10,000. If this bill is passed, it will force its citizens to look away from traditional fiat currencies and go for decentralized digital currencies such as Bitcoin.
Bitcoin Takes Black Swan Dive With Markets, Cash Still King as Stablecoin Market Caps Surge
The Bitcoin community watched from the edge of their seats as the BTC price briefly sank below to $3,900 before rebounding to between $5,300 and $5,500 in less than 30 minutes this morning.
ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash
Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.
Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More
Renowned tech billionaire Tim Draper revealed that his crypto investment portfolio in 2020 was not only restricted to bitcoins but also contained a variety of altcoin assets.