Tornado Cash dev announces upgraded Version of the coin mixer
A former Tornado Cash developer states that a new cryptocurrency mixing service is being developed to address a "critical flaw" in the sanctioned crypto mixer.
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Latest firstRaydium Exchange exploiter transfers $2.7M to Tornado Cash
The hacker who manipulated the decentralised exchange Raydium, transmitted $2.7 million in ethereum to sanctioned Tornado Cash
Nomad Attacker Address Transfers $1.5M to Tornado Cash
Attackers of the cross-chain interoperability protocol transferred 1,205 ETH (approx $1.5 million) to Tornado Cash.
The Treasury will Allow Users to get Their Tornado Cash money Back
Key Takeaways: Using Tornado Cash is categorically prohibited, but interacting with its code is not, according to the US Treasury. By requesting an OFAC license, customers can now legally withdraw their money from the private transaction application according to the…
Coinbase Funds Lawsuit Against the US Treasury Department
Key Takeaways The six plaintiffs which include Coinbase employees are suing the U.S. treasury Department for blacklisting Torando Cash. Coinbase CEO Brian Armstrong said the Treasury Department had gone too far “by sanctioning an entire technology instead of specific individuals.”…
Arrested Tornado Cash Dev Might Have Links with the Russian Security Agency
Key Takeaways: There have been rumors linking the newly detained Tornado Cash developer to the FSB in Russia. Alexey Pertsev worked for the FSB in the past. The Notorious Lazarus Group in North Korea is accused of using Tornado Cash…
Tether Upholds its Decision of not Banning Tornado Cash Addresses
Key Takeaways: Tether claimed that despite being in touch with law enforcement practically every day, no requests to freeze Tornado Cash addresses had been made. Tether added that law enforcement occasionally requests that they refrain from freezing flagged accounts to…
