News with the tag "Tornado Cash (TORN)"

UXLINK recorded a massive surge of 1927% in daily active addresses in the past week. Satoshi Airlines (JET) and Onyxcoin (XCN) followed UXLINK with 650% and 600% surges, respectively. Tornado Cash (TORN) recorded a 435% increase while its price soared 77.26%. UXLINK (UXLINK), a Web3 social platform,...

Tornado Cash surges +700% after a U.S. court ruled sanctions unlawful. Despite this surge, the TORN token remains 96% below its $408 all-time high. Technical indicators hint at a possible slowdown in TORN ‘s bullish run. After a U.S. Court declared sanctions against the Tornado Cash platform as unla...

With the cryptocurrency market witnessing significant price surges recently, have gained attention for unique reasons: Tornado Cash (TORN), THENA (THE), and Cardano (ADA). While Bitcoin (BTC) briefly reclaimed the $97,000 price level on Wednesday, these altcoins stood out with substantial gains. Car...

A US federal court has ruled that the Treasury Department’s sanctions against the crypto mixer Tornado Cash are unlawful, marking a significant win for the crypto industry. Industry experts like Paul Grewal and Jake Chervinsky celebrated the ruling, calling it a “historic win for crypto.” On Novembe...

In a recent development, blockchain security firm PeckShieldAlert reported that a hacker-labeled address linked to Crypto Exchange Rain transferred 721 Ethereum (ETH), valued at approximately $1.7 million, to the crypto mixing service Tornado Cash. This incident has raised concerns about the use of ...

In a recent development, Tornado Cash developer Alexey Pertsev’s bail request has been denied. The bail denial occurred amidst the defense lawyers’ attempt to submit an appeal for the money laundering charges. In May 2024, Pertsev was convicted of $1.2 billion money laundering charges and sentenced ...

In July 2023, Curve Finance, a leading DeFi protocol, suffered a major security breach. The attacker transferred roughly 1,500 ETH (worth about $4.6 million) to a new address, 0xc772…7475, according to PeckShieldAlert data. The funds were then laundered through TornadoCash, a privacy-focused service...

Managing Partner at Cinneamhain Ventures Adam Cochran sharply criticized the reported court decision against the Tornado Cash developer Alexey Pertsev calling it a “gross misapplication of the law and a bastardization of justice.” According to Cochran, the court’s judgment is based on the assumption...

ZKSNACKS, the company pioneering the development of the Wasabi wallet, has announced it is shutting down its Coinjoin coordination service from June 1, 2024. In a recent report, the company cited regulatory uncertainty as the main reason for discontinuing the privacy-focused service. Posting on the ...

The DOJ has opposed the motion filed by Tornado Cash co-founder, Roman Semenov. According to the DOJ, Semenov’s filing is unsuited for early-stage motions. The DOJ argued why the Tornado Cash founder should answer to the charges alleged against him. The U.S. Department of Justice (DOJ) has opposed t...