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The governance token for crypto mixer Tornado Cash, TORN, has fallen by over 50% since Nov. 26, according to data from CoinGecko. The crash came on the same day that crypto exchange Binance announced it was delisting the token.Tornado Cash 24-hour chart. Source: CoinGeckoTornado Cash is a cryptocurrency mixing protocol,
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Blockchain Association slammed the OFAC stating that the regulator should catch hold of individuals engaging in illicit activities instead of imposing the ban. The Blockchain Association has reiterated its support for six plaintiffs challenging the US Treasury Office of Foreign Assets Control (OFAC) over the sanctions imposed on Tornado Cash,
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The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash.In a Nov. 20 amicus curiae brief to a U.S. appellate court, the crypto advocacy group argued OFAC’s decision to sanction
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A group of Tornado Cash users has filed an appeal in federal court following a ruling upholding the United States Treasury’s decision to add the cryptocurrency mixer to its list of sanctioned entities.In a Nov. 13 filing in the U.S. Court of Appeals for the Fifth Circuit, lawyers representing plaintiffs
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Coin Center, a research non-profit blockchain advocacy firm, has lost its case against the U.S. Treasury after Tornado Cash, an Ethereum-based mixing service, was sanctioned. In a ruling on Oct. 30, the U.S. district court said the Office of Foreign Assets Control (OFAC) did not exceed its delegated authority as the International Emergency
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Decentralized peer-to-peer lending platform Onyx Protocol lost roughly $2.1 million in an exploit of a market with no liquidity that was deployed on Oct. 27. The Onyx Protocol hacker exploited a known bug, a rounding issue behind the popular CompoundV2 fork, explained blockchain investigator PeckShield soon after alerting about the hack
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Funds stolen in a prior exploit have reportedly been channeled into Tornado Cash, totalling an estimated 1,500 BNB now within the mixer. Deposits into Tornado Cash According to an Oct. 11 from Certik, an exploit occurred on BH Token (BlackHole token), resulting in an exploiter (0xFDb) acquiring $1.2 million USDT, which was
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While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says. Source
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Coin Fam🇨🇭☀️ In the last article we teased VESA being in Switzerland, and how the country is advancing leaps and bounds in the
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A crypto whale fell victim to a phishing scam, losing $24 million in Rocket Pool Ether (rETH) and Lido staked Ether (stETH) on Sept. 7. A wallet tied to at least $24 million in stolen cryptocurrencies deposited 600 Ether (ETH) worth an estimated $936,000 into Tornado Cash, an Ethereum-based privacy tool
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