Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. Go to Source Powered by WPeMatico
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Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. Go to Source Powered by WPeMatico
No privacy. No property. No prosperity. If you follow the news, you’ve seen the trend — putting legal limits on cash transactions, the emergence of surveillance-oriented, central bank digital currencies (CBDCs), and more recently, crypto mixing platform Tornado Cash being sanctioned by the United States Treasury. There is a new wave of propaganda increasingly demonizing … Read more
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Tether’s recently published blog post about the subject says the company is waiting for instructions from law enforcement. Tether … Read more
“In our dealings with law enforcement we are sometimes specifically instructed not to freeze addresses as this could alert suspects,” says Tether. Go to Source Powered by WPeMatico
USDC tokens held by the largest addresses have dropped to a two-year low as Circle freezes Tornado Cash-related assets. Go to Source Powered by WPeMatico
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has worried many users about the possibility of censorship happening at a protocol level. This means that, even by interacting directly with smart contracts, blacklisted addresses would not be able to transact or operate in the … Read more
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from Uniswap’s server. 30 out of the 253 Blocked Addresses Are ENS Domain Names, Uniswap … Read more
Speaking with Cointelegraph, Ksenia Malik stated that Dutch authorities are treating her husband as if he were “were a dangerous criminal” and that the creation of open-source software should never be criminalized. Go to Source Powered by WPeMatico
Ukrainian refugees have used cryptocurrency to survive. And contrary to what critics believe, sanctions have prevented Russia from finding much use for crypto. Go to Source Powered by WPeMatico
Like any aging empire, America is reacting to its competition. Go to Source Powered by WPeMatico