The US Treasury is sanctioning Tornado Cash, a cryptocurrency mixing service that allows users to obscure the details of transactions. The regulator has added Tornado Cash and 44 associated Ethereum ...
Tag: Treasury
Tornado Cash blacklisted by US Treasury Department
Crypto-mixer Tornado Cash has been blacklisted by the US Treasury Department for allegedly laundering more than $7 billion in crypto. Tornado Cash: crypto-mixer blacklisted for money laundering The s...
Infura, Alchemy Block Tornado Cash Following Treasury Ban
Share this article It comes less than a day after the Treasury Department blacklisted the Ethereum mixing tool. Ethereum Node Providers Blacklist Tornado Infura and Alchemy have joined a growing lis...
US Treasury sanctions USDC and ETH addresses connected to Tornado Cash
The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the Specially Designated Nationals list of the Office o...
CommerceBlock CEO slams US Treasury Department’s crackdown on Tornado Cash, says it ‘makes little sense’
The U.S. Department of Treasury made Ethereum-based mixer Torando Cash (TORN)the first smart contract to get sanctioned by the U.S. government by banning it on Aug. 8 to prevent North Korean criminals...
US Treasury Department Sanctions Crypto Mixing Service Tornado Cash
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billi...
US Treasury Sanctions Another Crypto Mixer
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the on-chain privacy network and Ethereum-based cryptocurrency mixer, Tornado Cash, making it the seco...
U.S. Treasury Sanctions Tornado Cash Addresses
The Office of Foreign Assets Control (“OFAC”) of the United States Department of the Treasury has added addresses belonging to the Ethereum-based privacy protocol, Tornado Cash, to its sanction list. ...
U.S. Treasury Bans Tornado Cash Mixer For Its…
The U.S. Treasury on Monday imposed sanctions on virtual currency mixer Tornado Cash for its alleged role in helping hackers, including from North Korea, to launder proceeds from their cybercrimes. Ac...
Tornado Cash Blacklisted by U.S. Treasury Department on Allegations of Being National Security Threat
The U.S. Treasury Department has banned American citizens from using popular coin mixing service Tornado Cash as it says the protocol poses risks to national security. In a press release, the Treasury...
Why The US Treasury Sanctioned Crypto DEX Tornado Cash
Per a press release, the U.S. Department of the Treasury announced sanctions against Tornado Cash, a decentralized exchange (DEX). The institution added the website tornado.cash, the entities associat...
US Treasury Sanctions Crypto Mixing Service Tornado Cash
Tornado cash is now on the Treasury’s list of services US individuals cannot use The sanctions come as money moved via crypto mixing services increased in 2022 In its first on-chain decentralized fina...
Treasury Sanctions Ethereum-Based Tornado Cash For Allegedly Helping To Launder More Than $7 Billion
Topline The Treasury Department on Monday sanctioned a cryptocurrency firm with ties to a North Korea state-sponsored hacking group for allegedly facilitating malicious laundering—marking the latest r...
U.S. Treasury Sanctions Ethereum Mixing Tool Tornado Cash
Key Takeaways The U.S. Treasury Department has sanctioned Tornado Cash’s website and smart contracts. A statement said that the protocol had “failed to impose effective controls” to ...
Crypto Mixing Service Tornado Cash Blacklisted by US Treasury
“Tornado Cash has been the go-to mixer for cyber criminals looking to launder the proceeds of crime, as well as helping to enable hackers, including those currently under U.S. sanctions, to launder th...
Dragonfly to acquire 1% of the treasury of Lido
The lido community voted for selling 10 million LDO Dragonfly will be acquiring part of the treasury Lido wants to sell a part of its treasury funds to a third party. A crypto investment fund, Dragonf...
Lido DAO approves treasury token sale to Dragonfly Capital after terms tweaked
The Lido DAO voted to support a sale of treasury tokens to the venture capital firm Dragonfly Capital after the deal’s terms were tweaked following last month’s rejection of the plan. A p...
Lido Votes to Sell 1% of Treasury to Dragonfly Capital
Key Takeaways The Lido community has voted to sell 10 million LDO ($25 million) from the project’s treasury to Dragonfly Capital. Dragonfly itself has reportedly committed to the sale and is ...
Bitcoin Price Will Likely Follow Treasury bonds and Gold Price Sentiments : Bloomberg
The world’s first cryptocurrency, Bitcoin had kicked off August month on a bullish note as the currency had reclaimed its $23,000 price level. However, today, the currency has once again lost its $23k...
Bitcoin to perform more like US Treasury bonds as it recovers from crash – Bloomberg Intelligence says
Bloomberg Intelligence’s latest crypto outlook report said Bitcoin (BTC) might begin to perform more like the U.S. Treasury bonds rather than stock equities as it slowly recovers from the recent marke...
Treasury Yields Surge as Fed Officials Quash Policy Pivot Talk
(Bloomberg) — Treasury yields jumped Tuesday after Federal Reserve policy makers’ comments that they’re not close to done fighting inflation prompted traders to reduce bets on rate cuts next yea...
US Treasury Yields Climb amid Continued Investor Assessment of Looming Recession
US Treasury yields for 2, 10, and 30 years were all trading higher on August 1 as investors brace for more earnings reports and economic data. US Treasury yields advanced on Monday to begin August as ...
Ripple signs partnership deal with FomoPay to aid treasury management
Leading crypto solutions provider, Ripple, recently signed a partnership deal with a Singapore-based payment platform FOMOPay. Ripple announced this development through a press release. As revealed, t...
Fate of stablecoin bill in doubt as House Financial Services Committee misses key deadline
The much talked-about but never resolved stablecoin bill still is not ready to see the light. With this Congress coming to a close and August recess beginning in days, the bill’s odds of becomin...
Lido Finance Files Another Proposal to Sell Treasury Tokens to Dragonfly Capital – crypto.news
Lido DAO (LDO), the governance forum for the Lido Finance project, will once again vote on another proposal to sell LDO tokens to venture capital firm Dragonfly Capital. This new proposal comes after ...
Watch Treasury Secretary Janet Yellen talk live about the state of the U.S. economy
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen speaks Thursday at a news conference on the stat...
Treasury Investigating Kraken for Alleged Iran Sanctions Violations: Report
The U.S. Treasury Department’s Office of Foreign Assets Control is investigating cryptocurrency exchange Kraken for allegedly violating economic sanctions against Iran, according to the New York Times...
After Failed First Attempt, Lido Relaunches Proposal for Diversified Treasury
Lido is now offering to sell 1% of its LDO token supply to Dragonfly Ventures Dragonfly also has the freedom to withdraw from the commitment if the price per LDO token exceeds $2.25 during the voting ...
FOMO Pay Partners With Ripple To Provide Improved Treasury Management Solutions – crypto.news
FOMO Pay, a Singapore-based payment provider, has announced a partnership with Ripple, a firm specializing in enterprise blockchain and crypto solutions. This partnership will see the two firms collab...
Treasury Department Investigates Kraken Over Sanction Violation
Kraken said its culture sees the weaponization of the financial system as immoral. The company also noted it would disagree with government agencies regarding outdated laws that are unfairly exclusion...
Ripple Partners With FOMO Pay To Facilitate Cross Border Treasury Payments
Ripple, Enterprise blockchain and crypto solutions provider has partnered with FOMO Pay. FOMO Pay is a leading Singapore-based institutional digital payment solution provider and has become the latest...