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3232‘Garbled Circuits’ Enable Transactional Confidentiality, Encourage Enterprise Web3 Adoption — COTI Co-Founder
https://www.digit.info/garbled-circuits-enable-transactional-confidentiality-encourage-enterprise-web3-adoption-coti-co-founder/
Tue, 09 Apr 2024 11:26:35 +0000https://www.digit.info/2024/04/09/garbled-circuits-enable-transactional-confidentiality-encourage-enterprise-web3-adoption-coti-co-founder/Read more]]>According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of […]
]]>Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’
https://www.digit.info/coin-center-sues-us-treasury-over-tornado-cash-ban-lawsuit-says-governments-action-was-unlawful/
Wed, 12 Oct 2022 21:00:55 +0000https://www.digit.info/2022/10/12/coin-center-sues-us-treasury-over-tornado-cash-ban-lawsuit-says-governments-action-was-unlawful/Read more]]>The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says that the government’s sanctioning of Tornado Cash exceeds the Treasury’s statutory authority. The […]
]]>OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities
https://www.digit.info/ofac-sanctions-7-new-bitcoin-addresses-allegedly-associated-with-iran-related-ransomware-activities/
Wed, 14 Sep 2022 17:30:07 +0000https://www.digit.info/2022/09/14/ofac-sanctions-7-new-bitcoin-addresses-allegedly-associated-with-iran-related-ransomware-activities/Read more]]>The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang. Iran Adds 7 New Bitcoin Addresses to […]
]]>Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
https://www.digit.info/coin-center-says-ofacs-tornado-cash-ban-exceeds-statutory-authority-plans-to-engage-with-us-watchdog/
Tue, 16 Aug 2022 14:00:39 +0000https://www.digit.info/2022/08/16/coin-center-says-ofacs-tornado-cash-ban-exceeds-statutory-authority-plans-to-engage-with-us-watchdog/Read more]]>On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and […]
]]>Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
https://www.digit.info/dutch-law-enforcement-arrests-suspected-tornado-cash-developer-in-amsterdam/
Fri, 12 Aug 2022 13:30:33 +0000https://www.digit.info/2022/08/12/dutch-law-enforcement-arrests-suspected-tornado-cash-developer-in-amsterdam/Read more]]>According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado […]
]]>Snoop Dogg, Steve Aoki, Logan Paul, and Beeple Dusted by OFAC-Banned Tornado Cash Transactions
https://www.digit.info/snoop-dogg-steve-aoki-logan-paul-and-beeple-dusted-by-ofac-banned-tornado-cash-transactions/
Tue, 09 Aug 2022 21:30:07 +0000https://www.digit.info/2022/08/09/snoop-dogg-steve-aoki-logan-paul-and-beeple-dusted-by-ofac-banned-tornado-cash-transactions/Read more]]>Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number of celebrities and organizations received 0.1 ether from the platform. […]
]]>OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M
https://www.digit.info/ofacs-tornado-cash-ban-causes-github-suspensions-and-the-blacklisting-of-crypto-addresses-holding-437m/
Tue, 09 Aug 2022 14:00:13 +0000https://www.digit.info/2022/08/09/ofacs-tornado-cash-ban-causes-github-suspensions-and-the-blacklisting-of-crypto-addresses-holding-437m/Read more]]>On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits and […]
]]>US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
https://www.digit.info/us-government-bans-ethereum-mixer-tornado-cash-platform-added-to-ofacs-sdn-list/
Mon, 08 Aug 2022 18:30:24 +0000https://www.digit.info/2022/08/08/us-government-bans-ethereum-mixer-tornado-cash-platform-added-to-ofacs-sdn-list/Read more]]>On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash Mixing App OFAC has officially banned the Tornado Cash and […]
According to Shahaf Bar-Geffen, CEO of the privacy-centric Layer 2 network COTI, enterprises and mainstream organizations are not yet fully convinced of the benefits of complete privacy or true anonymity in any system. Bar-Geffen said the primary reason for this is that such systems often get exploited by individuals with dishonest intentions. Regulators’ Perceptions of […]
]]>
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of Foreign Assets Control’s (OFAC) director Andrea Gacki. Coin Center’s court filing says that the government’s sanctioning of Tornado Cash exceeds the Treasury’s statutory authority. The […]
The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that are allegedly associated with the Iranian ransomware gang. Iran Adds 7 New Bitcoin Addresses to […]
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and […]
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado […]
Following the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) banning Tornado Cash and a number of associated Ethereum-based addresses, an anonymous Tornado Cash user has dusted a swathe of well known wallets tied to ENS domain names. Onchain data shows that a number of celebrities and organizations received 0.1 ether from the platform. […]
On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits and […]
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash Mixing App OFAC has officially banned the Tornado Cash and […]