The biggest news in the cryptosphere for Oct. 12 includes Grayscale’s lawsuit against the SEC for not approving a U.S. spot Bitcoin ETF, CoinCenter’s lawsuit against the U.S. Treasury for overstepping...
Tag: Tornado
Coin Center sues US Treasury over Tornado Cash sanctions
Crypto advocacy group Coin Center has filed a lawsuit against the U.S. Treasury Department for overstepping its legal authority by sanctioning Tornado Cash, which allegedly impedes the privacy rights ...
Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions
Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash. Coin Center, Washington, DC-b...
Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions
“An order effectively requiring Defendants to decriminalize use of the 20 Tornado Cash addresses would allow Plaintiffs to conduct their legitimate activities with some measure of anonymity, use their...
Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’ – Bitcoin News
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Fo...
Coin Center Sues OFAC Over Tornado Cash Sanctions
Crypto think tank Coin Center has been one of the most critical voices against the U.S. Treasury and the sanctions imposed on the Ethereum-based decentralized exchange (DEX) Tornado Cash. The platform...
Treasury Sued by Coin Center Over Tornado Cash Ban
Key Takeaways Crypto advocacy group Coin Center has filed suit against the Treasury Department over its unilateral imposition of sanctions on Tornado Cash. The implications of the case are far-reachin...
Former Synthetix Developer Creates Way To access Prohibited Apps Like Tornado Cash
A former Synthetix developer named Liam Zebedee has introduced his newfound way of bypassing prohibited blockchain apps like Tornado Cash. Zebedee created an application network called Dappnet to all...
Crypto dev creates way to access prohibited apps like Tornado Cash
Liam Zebedee, a former developer at DeFi protocol Synthetix, has created a way to allow crypto users to access blockchain protocols like Tornado Cash, which has been made largely inaccessible. Zebedee...
Despite Tornado Cash fiasco, Bitcoin SV launches ‘Blacklist Manager’ tool
Bitcoin SV has launched “Blacklist Manager,” enabling miners to freeze lost or stolen tokens “to comply with court orders” and assist in asset recovery. A tweet announcing the new function opened with...
Tornado Cash Sees Drop In Activity After U.S. Treasury Sanctions
The value of Tornado Cash is decreasing, not due to market factors but because of recent controversies. The Office of Foreign Assets Control recently added Tornado Cash to its list of Special Designat...
Nothing ‘unique’ about Tornado Cash as sanctions continue to pinch TORN
Can it be any worse for the already-troubled crypto-mixer Tornado Cash? Not just on the regulatory side, but even on-chain metrics have now revealed a depressing story. From monthly users to weekly de...
Tornado Cash Monthly Active Users Dropped 50% Following OFAC Sanctions
The sanction of Tornado Cash was, however, met with an extreme rebuff from industry participants, as many argue that sanctioning a piece of code was unhealthy for the growth of the tech world. The onc...
Tornado Cash Monthly Users Fall by Over 50% Post-US Sanctions
Tornado Cash is experiencing a significant drop in activity following the sanctions by the U.S. Treasury. The number of unique users and weekly deposits and withdrawals have both fallen. Tornado Cash ...
Arrested Tornado Cash developer to stay in jail after appeal rejected: Exclusive
Alexey Pertsev, a Tornado Cash developer arrested in August by Dutch authorities over allegations of facilitating money laundering, is to stay in jail for at least another two months after his appeal ...
Tornado Cash’s Alex Pertsev to Remain in Custody as Appeal Was Rejected
Legal authorities in the Netherlands have rejected the appeal to release Alexei Pertsev, the chief developer of the Tornado Cash protocol was arrested and remanded by Dutch Authorities shortly after t...
How to Stop Illegal Activity on Tornado Cash (Without Using Sanctions)
Coin Center, a Washington, D.C., nonprofit that advocates for decentralized computing technologies, argued that OFAC had overstepped its authority. According to its rules, OFAC can only target entitie...
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
On an otherwise quiet day last month, the crypto industry woke up to big news – the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added 45 public Ethereum addresses to the s...
Tornado Cash Sanctions Reveal the Need for Decentralization Tools
Tornado Cash saga: The story wrapped around the US Treasury Department’s actions to shut down Tornado Cash still has legs and probably still a few twists and turns to take, according to John Shutt and...
CertiK Uncovers Suspicious $2.4M Payments Into Tornado Cash
Bitcoin News The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it...
Tornado Cash code repositories restored to GitHub on a read-only mode
Join Our Telegram channel to stay up to date on breaking news coverage Popular software development platform GitHub has restored sanctioned crypto mixer tool GitHub. The partial unbanning of Tornado C...
Tornado Cash saga left a void
Ethereum staking ecosystem could become a formidable industry BNB Chain launched a new security initiative The security initiative is called Avenger DAO Welcome to Finance Re-imagined, your week by we...
Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief sci...
Suspicious Fund Transfers On Tornado Cash Still Active Despite OFAC Sanctions
Crypto security firm CertiK on Saturday said the firm has detected a suspicious fund transfer worth $2.4 million into crypto mixer Tornado Cash. It reports the fund transfer is likely related to the $...
GitHub Reverses Tornado Cash Ban After OFAC Clarification
GitHub has announced that it has reversed a complete ban on Tornado Cash, meaning code repositories for the Ethereum-based mixer were relisted on the site. However, the code repositories remain restri...
GitHub Unbans Tornado Cash’s Repositories – crypto.news
GitHub has lifted its ban on the popular crypto mixer, Tornado Cash, after the US Treasury stated last week that its sanctions do not apply to the mixer’s code but its wallet addresses. Therefore, Git...
GitHub unbans Tornado Cash repositories following OFAC guidance
Crypto mixer Tornado Cash has returned to the software development platform GitHub after several weeks of being banned on the website. Ethereum developer Preston Van Loon took to Twitter on Thursday t...
Tornado Cash News: GitHub Repository Back Up, The Lawsuit, And The Hole It Left
We’ll keep discussing the Tornado Cash situation because this is a watershed moment for the cryptocurrency industry. Lines are being drawn. The future of privacy for cryptocurrency-related operations ...
GitHub Reverses Tornado Cash Ban But There’s a Catch
The US Office of Foreign Assets Control (OFAC) assigned popular crypto tumbler Tornado Cash as an entity on the Specially Designated Nationals (SDN) sanction list last month which triggered an outcry ...
Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode – Bitcoin News
The internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Departm...
Tornado Cash Returns To GitHub
Tornado Cash Returns To GitHubCrypto Mixer Tornado Cash Gets Relisted on GitHubSeptember 23 2022After facing the wrath of the U.S. Treasury Department’sDepartment’s Office of Foreign Asset...
Ethereum Coin Mixer Tornado Cash Is Back on GitHub
Ethereum coin mixer Tornado Cash is now back on software hosting website GitHub. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) last month blacklisted Tornado Cash, whi...