Users who engaged with Tornado Cash prior to Aug. 8 can apply for a license to retrieve their funds Interested parties must submit a variety of information, including wallet addresses, transaction has...
Tag: Cash
US Treasury Updates FAQ on Sanctioned Tornado Cash
US regulator said a specific license must be obtained from the Office of Foreign Assets Control (OAFC) and provide information in detail with necessary verification for those Tornado Cash’s users who ...
US Treasury Explains How Americans Can Recover Crypto Locked in Tornado Cash
“U.S. persons should be prepared to provide, at a minimum, all relevant information regarding these transactions with Tornado Cash, including the wallet addresses for the remitter and beneficiar...
US Treasury Department requiring US citizens to get a license for withdrawing assets from Tornado Cash
The U.S. Department of the Treasury wants people who had pending transactions before the Tornado Cash sanctions went into place to apply for a license to process the withdrawal of their assets. In an ...
U.S. Treasury Clarifies Key Points on Tornado Cash Sanctions
Key Takeaways The U.S. Treasury published new guidance on the subject of the Tornado Cash sanctions on its website today. The Treasury acknowledged the possibility that Tornado Cash was used for legit...
What Bitcoin Cash [BCH] investors should be prepared for this month
Registering an 8% price uptick in the last seven days, Bitcoin Cash’s [BCH] significant positive correlation with Bitcoin [BTC] might have been the factor responsible for the asset’s failure to log do...
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions – Africa Bitcoin News
According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restric...
Russia’s cash reserves run dry as West shuns Putin’s energy
Putin Russia budget surplus West sanctions energy gas – Gavriil Grigorov, Sputnik Russia’s budget surplus has shrunk significantly in the latest sign that its public finances are feeling the str...
Tornado Cash Still in Use, Witnessed Movement of Stolen 500K DAI
In August, 2022, Office of Foreign Assets Control (OFAC), which comes under the Treasury Department agency, went on to put sanctions on a mixer protocol named Tornado Cash. The decision came in the wa...
Coinbase Funds Tornado Cash Against OFAC Lawsuit
News that Tornado Cash was sanctioned by the U.S. Treasury (OFAC) has shocked the crypto community. The ban followed allegations that open-source cryptocurrency mixing protocol had aided and abated ha...
I’m 65 and semi-retired, having amassed $1.8 million myself with ‘a lot of risky small caps,’ tech stocks and some ETFs. I also have 20% in cash. Am I doing it right? Do I need an adviser to help?
How to find the right financial adviser for you. Getty Images Question: I have always been a self-directed investor, though I have sought advice from time to time. I tend towards a lot of risky small ...
$500K Stolen Funds Moved By Hackers To Tornado Cash
TORN Price at the time of writing – $10.42 Hackers sent the batches of 100 ETH to the Tornado mixer They performed this move in intervals of 8 minutes The recently authorized crypto blender applicatio...
Ways to cash out your bitcoin or crypto
Join Our Telegram channel to stay up to date on breaking news coverage You might be asking how to get out of your investment given the collapse in cryptocurrencies like Bitcoin in 2022. The good news ...
Crypto Giant Coinbase Teams up With Tornado Cash Users Suing the U.S. Treasury –
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Tornado Cash Used to Siphon $500k from Hacked DAO Maker – PeckShield
Blockchain Security Company PeckShield and Crypto Security Specialist, CertiK have announced that a hacker laundered $500,000 DAI stablecoins via Tornado Cash. The leading crypto security firms disclo...
Hackers Moved $500K Stolen Funds To Tornado Cash Undermining The Ban
The previously sanctioned crypto mixer app Tornado Cash used to increase the anonymity of crypto funds for privacy concerns, still is being used by hackers. Two blockchain security and research firms,...
Hacker Moves $500K in DAI Through Tornado Cash From DAO Maker Exploit
Peckshield, a prominent blockchain security firm, took to Twitter to bring to light that $500K in stolen funds from the DAO Maker exploit are on the move. PeckShield and CertiK said an Ethereum addres...
Coinbase Backs Tornado Cash Lawsuit Against U.S. Treasury
A group of Tornado Cash users filed a lawsuit against the U.S. Department of Treasury, calling its sanctioning of the EthereumEthereum mixing service an “unprecedented, overbroad action.” ...
Decrypt-O’s Ep. 1: Tornado Cash Privacy Fears, Bored Ape VMAs Hate, Sheriff Gensler
Decrypt-O’s Ep. 1: Tornado Cash Privacy Fears, Bored Ape VMAs Hate, Sheriff Gensler Eat your Decrypt-O’s! In the debut episode, Sander Lutz hits the street to ask people about their privacy conc...
Coinbase backs Tornado Cash users as they sue the Department of Treasury
Six users of the cryptocurrency mixer Tornado Cash have sued the U.S. Department of Treasury and other authorities. They sued the latter over the decision to sanction Tornado Cash as of August 2022. T...
500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report – Bitcoin News
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The ...
Coinbase Sues U.S. Treasury Over Tornado Cash
Coinbase has bankrolled a lawsuit filed against the U.S. Treasury Department and other government officials over the decision to impose sanctions on the crypto mixing tool. Government Department Sued...
Tornado Cash Users Effected By Sanctions Sue The U.S. Treasury Department
The U.S. Treasury Department’s move to blindly put a ban on Tornado Cash consequently brought a lawsuit against Treasury Secretary Jannet Yellen and other officials of its departments. The six affecte...
Tornado Cash Involved in 2021 DAO Maker Crypto Hack? Know the Truth – Coinpedia – Fintech & Cryptocurreny News Media
According to PeckShield, $500,000 in Dai has been moved through Tornado Cash–a crypto mixer–indicating that it may be the source of stolen tokens from a decentralized finance (Defi) protocol. In simpl...
Here’s why Coinbase in funding lawsuit against Tornado Cash sanction
Tornado Cash users haven’t given up on the fight against the sanction placed on the digital currency mixing protocol by the US authorities. CNBC reported Thursday that leading cryptocurrency exchange,...
NSFW stars flirt with crypto after banks shut down cash accounts
NSFW internet stars say they’re relying on crypto to make a living after mainstream finance companies started terminating their accounts. Adult performers believe that corporate America is shunning th...
U.S. Treasury And OFAC Face Lawsuit For Tornado Cash Ban
The U.S. Treasury and OFAC are facing a civil action complaint from investors due to its proscription of mixer Tornado Cash. The Tornado Cash ban has sparked outrage from the broader cryptocurrency co...
Coinbase Announces To Fund Lawsuit In Support Of Tornado Cash
Tornado Cash got sanctions on its operations after the US Treasury Department found the involvement of bad actors in accessing its services. A total of six individuals have taken up the responsibility...
Coinbase bankrolls Tornado Cash users’ lawsuit; Terra Classic makes 1,900% comeback led by community
The biggest news in the cryptosphere for Sept. 8 includes Coinbase financing the lawsuit against the U.S. Treasury Department over Tornado Cash, Terra Classic’s community-led revival and an attack on ...
Coinbase to Finance User’s Lawsuit Against Treasury Department for Tornado Cash Sanctions
Coinbase is supporting a lawsuit against sanctioning an Ethereum-based crypto mixer, Tornado Cash. The exchange is financing the lawsuit against the U.S. Treasury Department that currently features si...
Coinbase is funding a lawsuit by Tornado Cash
Coinbase is financially backing a lawsuit filed Thursday against the Treasury Department by six users of the recently sanctioned Tornado Cash, which led to the arrest of one of the company’s developer...
Coinbase Supports Lawsuit Against U.S Treasury in Tornado Cash Sanction
Exchange News Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against th...