Former Tornado Cash developer, Ameen Soleimani, has now developed a new mixing service called Privacy Pools to address a critical flaw of the sanctioned crypto mixer. In cryptocurrency, privacy is a t...
Tag: Tornado
Tornado Cash dev says ‘sequel’ to crypto mixer aims to be regulator-friendly
A former Tornado Cash developer claims to be building a new crypto mixing service that aims to solve a “critical flaw” of the sanctioned crypto mixer —which he hopes will convince U.S. regulators to r...
Is Privacy Pools the Upgraded Version of Tornado Cash?
The early contributor of Tornado Cash built a new crypto mixer called Privacy Pools that addresses the regulators’ concerns. Ameen Soleimani, one of the early contributors to Tornado Cash, claims to h...
Hackers of Crypto Platform Lendhub Move $3.85 Million Into Tornado Cash
As Web3 and crypto go mainstream, several decentralized finance (DeFi) platforms have fallen victim to hacking exploitations, losing millions of dollars in assets to criminals. While DeFi projects see...
Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
The suspected actors behind the $6 million exploit of decentralized finance (DeFi) lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto ...
SpankChain founder teases Tornado Cash ‘sequel’
Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, has teased a revival of sorts for the controversial Ethereum transaction mixer, Tornado Cash. Soleimani’s tweet indicated the...
TORN Price Remains Bullish Despite Continued Tornado Cash Developer Detention
Join Our Telegram channel to stay up to date on breaking news coverage TORN price maintained its bullish rating on Thursday even after news broke out that the developer of Tornado Cash blockchain who ...
Tornado Cash Developer To Remain In Jail As Trial Continues
The developer of Tornado Cash, Alexey Pertsev, looks set to remain in the custody of Dutch authorities until at least the next hearing of the ongoing trial, a Dutch court ruled. Authorities arrested ...
Tornado Cash developer remanded in custody another 3 months without charge
Ad Alexey Pertsev, the developer of Tornado Cash, an open-source crypto-mixing protocol, will continue to be detained until his next hearing on April 21, according to a ruling by a Dutch court. The co...
Tornado Cash developer Alexey Pertsev to remain detained until April hearing
Policy • February 15, 2023, 12:42PM EST Alexey Pertsev, the developer behind the crypto mixer Tornado Cash, will remain detained until his next hearing scheduled for April 21, a Dutch court ruled. ...
Tornado Cash Unlocked 175,000 TORN Tokens This Week
There are several prominent token unlocks scheduled for February, including Tornado Cash. But were there any impacts on TORN prices? This week Tornado Cash unlocked 175,000 tokens as part of its vesti...
Why Proof of Innocence Won’t Work for US Tornado Cash Users
Web3 venture builder Chainway recently announced a tool that would interest Tornado Cash users — a tool that would provide data supposedly showing their funds are from a legitimate source. At is...
‘Catastrophic’ Tornado Sweeps Houston Area As Winter Storm Pummels Eastern U.S.
Topline An apparent tornado passed through southern parts of the Houston metro area Tuesday afternoon and caused extensive damage, marking the biggest impact so far of a massive storm system bringing ...
New tool lets Tornado Cash users privately show their funds were not illicit
A tool built by Chainway lets Tornado Cash users prove their initial deposits were not from a list of wallets containing stolen funds — without revealing their own address. Called Proof of Innoc...
Raydium Attacker Moves $2.7 Million Stolen ETH To Tornado Cash
– Advertisement – Summary: The Raydium exploiter drained a total of $4.4 million in digital assets from the Solana DEX in December 2022 before moving the funds to Ethereum’s blockchain. A ...
Raydium exploiter moves $2.7M to crypto mixer Tornado Cash
In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. Whi...
Raydium hacker covers tracks with Tornado Cash
The Raydium hacker allegedly transferred 1,774.5 ETH to Tornado Cash to cover their tracks, etherscan.com reveals. Raydium hacker moving funds According to etherscan, a blockchain analytics and monito...
Raydium exploiter moves $2.7M to Tornado Cash
A wallet address linked to the Raydium DEX exploiter has moved about $1.75 million worth of ETH via the sanctioned mixing protocol Tornado Cash. On Dec. 16, the exploiter overtook Raydium’s owne...
Raydium hacker funnels $2.7 million through Tornado Cash mixer
An Ethereum address connected with an exploit of Raydium laundered $2.7 million in ether (ETH) through Tornado Cash on Jan 19., security firm CertiK noted. In December Raydium, a decentralized e...
An MLK Day Reflection In The Aftermath Of Selma’s EF2 Tornado
Selma, Alabama – January 13: Damage is seen the day after a tornado hit Selma, Ala. on January 12, … [+] 2023. (Photo by Cameron Carnes for The Washington Post via Getty Images) The Washin...
Here’s Why Tornado Cash’s Activity Didn’t Cease Completely Post OFAC Sanctions
The Office of Foreign Assets Control’s (OFAC) tryst with the crypto industry dates back to 2018 when it designated two Iran-based individuals of malicious cyber activity. There has been no looking bac...
Where Tornado Cash stands in 2023, post money laundering charges
A report by Chainalysis takes a closer look at the impact of OFAC’s sanctions imposed on Tornado Cash. The sanctions led to a decline in inflow, but failed to pull the plug on the underlying smart co...
Nomad exploit wallet address transfers $1.5m to crypto mixer Tornado Cash
While the Nomad Bridge team works to relaunch the platform, a new movement of 1200 ETH has been detected from one of the wallet addresses associated with the hack. A wallet address associated with Nom...
Nomad exploit wallet address transfers $1.5M to Tornado Cash
An address related to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto mixer Tornado Cash. In an alert, blockchain security firm CertiK flagged that a wa...
BTC.com’s Stolen Funds Funneled Through Tornado Cash and CEXs: Report
Prominent cryptocurrency mining pool BTC.com suffered a cyberattack last month that resulted in a significant loss of company and user funds. New details have emerged regarding the whereabouts of the ...
The Year in Crypto, 2022 Part 2: Ethereum Merges, Feds Sanction Tornado Cash, FTX Collapses
It’s a weird world when a developer is arrested for writing code, while an alleged fraudster who allegedly commingled $8 billion in user funds enjoys the holidays with his family. But that’...
Tornado Cash developer seeks $240K salary to resurrect protocol
A Tornado Cash developer identified as “Gozzy” has initiated a proposal to receive $240,000 in remuneration to continue development activities on the sanctioned mixing protocol. Gozzy wrot...
Germany’s Formal Buy of F-35s Raises a Pressing Question; Can Lockheed Martin Deliver the Airplanes on Time?
German Chancellor Olaf Scholz (SPD) stands in front of an F-35 stealth jet at the International … [+] Aerospace Exhibition (ILA). (Photo by Wolfgang Kumm/picture alliance via Getty Images) dpa/p...
Treasury officials would have done more for national security by leaving Tornado Cash alone
One of the most powerful moments in a new crypto user’s journey happens the first time they send a sizable amount of money to their private wallet. It’s an awe-inspiring, serious moment — and it’s a l...
3 Things We Learned at Tornado Cash Dev Alexey Pertsev’s Trial
Boerlage said records of internal conversations show Pertsev, Semenov and Storm ran Tornado like a business, discussing management and operational decisions, and that they could, in practice, outvote ...
Arrested Tornado Cash Developer’s Next Hearing After 3 Months
10 seconds ago | 2 mins read Altcoin News The developer was taken into custody on August 12 for alleged money laundering. Pertsev must remain in detention for an additional three months. On Tuesday, a...