GitHub, a software hosting platform, has announced that it has restored the controversial Tornado Cash, back on the platform. The treasury department in the US announced some weeks ago that it had bee...
Tag: Tornado
Tornado Cash’s Code Is Back on GitHub
Key Takeaways GitHub has lifted a ban on Tornado Cash, restoring the platform’s code and profile to its website. Last week, the Treasury clarified that sanctions against Tornado Cash do not appl...
Blockchain investor Abraham Piha explains how Tornado Cash legal issues will affect the crypto market
Things have not been looking too good for the crypto market in recent months, with the market seemingly being gripped by one piece of bad news after another. To this point, on Aug. 8, the United State...
Tornado Cash is the latest chapter in the war against encryption
The sanctions imposed by the United States government on Tornado Cash have reignited a public debate on privacy. For many in the relatively young crypto community, such an intervention by the federal ...
TRM Labs confirms “Tornado Cash is different” in response to OFAC sanctions
Watch this exclusive interview with TRM Labs for a deep dive into how major DEXs dealt with OFAC sanctions within the crypto ecosystem. TRM Labs is a blockchain intelligence company that helps detect ...
Coinbase’ Financial Aid to Tornado Cash Supporter Plaintiffs
Looking at the instances happening around the crypto space are enough to create skepticism regarding the intentions of the government. Why’s that? Well, the list is long, some are worth mentioning tho...
Coinbase is fighting back as the SEC closes in on Tornado Cash
On Sept. 8, Coinbase announced it was bankrolling a lawsuit against the United States Treasury Department. The cryptocurrency exchange is funding a lawsuit brought by six people that challenges the sa...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Coinotizia
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Regulation Bitcoin News
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
Analyzing USDC’s falling utility post the Tornado Cash fiasco
‘How tables have turned’ is one of the most common phrases used in this ‘niche’ yet the emerging world of cryptocurrencies. USD Circle [USDC] witnessed the wrath of a dying utility after showcasing it...
U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto
The U.S. Treasury Department has updated its policy on Ethereum-based crypto mixing service Tornado Cash. The Office of Foreign Assets Control (OFAC) imposed the ban on August 8th arguing that the pro...
Users Can Recover the Tornado Cash Funds, Says The Treasury
The US Treasury will let the users withdraw their funds from Tornado Cash. Ethereum mixing service was sanctioned by the department previously. The decision was followed by the lawsuits filed against ...
Here’s how investors can withdraw locked crypto in Tornado Cash
It’s yet another gloomy day for the crypto industry. The U.S. Department of Treasury recently targeted Tornado Cash. The penalties were a one-of-a-kind action by Treasury to blacklist open source soft...
The OFAC Answers Questions About The Tornado Cash Sanctions, Uncertainty Remains
The Tornado Cash situation is a riddle wrapped up in an enigma. Why did the OFAC sanction a piece of software? And why did Dutch authorities arrest a sole developer? Those are not the question we’ll a...
Treasury Won’t Punish Dusted Celebs, Will Allow Users to Recover Funds From Tornado Cash
Breaking a month-long silence since banning Ethereum coin-mixing tool Tornado Cash, the U.S. Treasury Department on Tuesday announced a path for Tornado Cash users to recover funds, and also addressed...
Department of Treasury Publishes Guidelines on How to Withdraw Assets From Now-Banned Tornado Cash
The U.S. Department of Treasury published guidelines on how users of the now-banned crypto mixer Tornado Cash can withdraw their assets. The Treasury blacklisted and added the Ethereum (ETH)-based s...
Users Will Need a License to Withdraw Funds From Tornado Cash
On September 13, the U.S. Treasury Department published a guide with a series of steps for U.S. citizens to follow in order to withdraw their funds from Tornado Cash. Tornado Cash was a mixing service...
OFAC Opens Door for Tornado Cash Users to Potentially Withdraw Funds
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...
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...
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...
$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...
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...