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Tornado Cash is a decentralized mixer protocol that enables private transactions on Ethereum. Mixers are smart contracts that accept, pool and mix cryptocurrency from multiple senders in order to increase privacy by obscuring potential audit trails. Users send ether to the Tornado Cash smart contract and withdraw that ether and
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Popular cryptocurrency mixer Tornado Cash has fully open-sourced its user interface (UI) code — a move its developers say fulfills their mandate of complete decentralization and transparency. Tornado Cash Classic UI became fully open-sourced on Thursday, the protocol’s anonymous developers announced in a Medium blog post. Although the protocol’s UI has
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According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons list (SDN). The decision follows the recent OFAC update, that lists
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On Friday, Tornado Cash announced that it was using oracle contracts from Chainalysis to block wallet addresses sanctioned by the U.S. Office of Foreign Assets Control, or OFAC. The move comes after the U.S. Department of the Treasury linked North Korean cybercriminal Lazarus Group as an alleged perpetrator for the
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"The fact that Tornado Cash doesn't allow access to its app to comply with regulations doesn't necessarily mean that the protocol and smart contracts are not available to the sanctioned entities," Tal Be'ery, the chief technology officer of crypto wallet ZenGo, told CoinDesk in a direct message. Original Source
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The entity behind Ronin’s unprecedented $655 million exploit in March has apparently moved tens of millions worth of stolen ether (ETH) through privacy protocol Tornado Cash in the past week, blockchain data from addresses connected to the exploiter show. Original Source
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More than 2,001 ether were moved Monday from addresses connected to the $625 million exploit, with about 70% passing to the privacy tool, on-chain data show.Apr 4, 2022 at 9:25 a.m. UTCUpdated Apr 4, 2022 at 9:31 a.m. UTCOn-chain data show ether from the Ronin exploit has been moved to
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Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future.Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains.Top 7 coins with the highest 24-hour
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The co-founder of Ethereum’s best-known coin mixing service says that privacy protocols are defending people’s rights to financial privacy.Tornado Cash, a mixer that allows users to obfuscate their digital trail on the Ethereum blockchain, has been at the center of attention since it was revealed last week that hackers were
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“Pretend I’m running away from police with a bag of cash, and jumping over fences, trying to evade capture… that’s not money laundering,” he said. “If Tornado Cash knows who deposited the money, and who took it out, that’s not money laundering.” Source
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