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A former Tornado Cash developer claims to be building a new crypto mixing service that aims to solve a “critical flaw” of the sanctioned crypto mixer — which he hopes will convince U.S. regulators to reconsider its position on privacy mixers.The code of a new Ethereum-based mixer, “Privacy Pools,” was
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With Privacy Pools, users deposit their funds into a common pool and withdraw their funds into a new wallet address that is untraceable and unlinkable to any prior transaction history, using zero-knowledge proofs that allow for information to be verified, such as a transaction on a blockchain, without leaking specific
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The suspected actors behind the $6 million exploit of decentralized finance lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash.Blockchain security firms PeckShield and Beosin alerted their respective followers to the movement of funds on Feb. 27, noting
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Dutch prosecutors now have access to Alexey Pertsev’s computer, and are using it to probe key details, like governance and profit-making at the privacy service. Source
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Tornado Cash developer Alexey Pertsev was arrested in the Netherlands in August shortly after the U.S. sanctioned the crypto privacy tool Source
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The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to controversial coin mixing protocol Tornado Cash. Original Source
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In an alert, blockchain security firm CertiK reported that the Raydium protocol exploiter had sent 1,774.5 Ether (ETH) to the mixer. The amount is worth around $2.7 million at the time of writing. While security teams from various exchanges continue to combat the efforts of hackers, funds continue to flow
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In the most recent report, Chainalysis research suggested that the illegal use of Tornado Cash was essentially associated with crypto hacks and scams, with an approximate average of thirty-four percent of all inflows.Tornado Cash, an open-source, decentralized cryptocurrency tumbler, which was recently in news for its conjectured role in the
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As the team behind Nomad Bridge works on relaunching the platform, a fresh movement of 1200 ETH has been noticed from one of the wallet addresses linked to the hack.A wallet address belonging to Nomad Bridge, which faced a $190 million exploit last week, has recently moved a total of
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An address related to the $190-million Nomad exploit has moved $1.57 million in Ether (ETH) to the sanctioned crypto mixer Tornado Cash. In an alert, blockchain security firm CertiK flagged that a wallet address affiliated with the Nomad hack has transferred 1,200 ETH into Tornado Cash, suggesting that the attackers may
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