Bookmarking Crypto Insights
Auto Added by WPeMatico
According to the CEO of the cryptocurrency exchange Okx, users are now barred from account interacting with Tornado Cash and Garantex. In a post on social media, the CEO said any Okx accounts receiving deposits from sanctioned entities, including Garantex and Tornado Cash, will trigger compliance risk control, ultimately leading to account closure. Similarly, any … Read more
A staff report published by several New York Federal Reserve employees found that Ethereum “is not immune to censorship and cooperation,” which depends on the roles of several actors across the network. The paper examined how the network performed after Tornado Cash, one of the main mixers in the blockchain, was sanctioned by the OFAC. … Read more
As the crypto industry expands, exchanges like OKX face mounting pressure to strengthen compliance and prevent illicit activities on their platforms. Go to Source
The transfer involving the NomadBridge exploiter and Tornado Cash highlight the ongoing battle between privacy and regulation in the cryptocurrency industry. Go to Source
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures. Go to Source
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns. Go to Source
Hackers exploit the market crash, using stolen funds from the 2022 Nomad bridge hack to purchase 16,892 ETH at a significant discount. Go to Source
The volume of new deposits into the OFAC-sanctioned crypto mixer has jumped significantly in the first half of 2024. Go to Source
SHIB is the biggest crypto by the US dollar value drained from WazirX’s wallet in the hacking incident that includes Pepe, Ether, and other cryptocurrencies. Go to Source
Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges. Go to Source
