AnubisDAO’s 13.5K ETH rug pull money washes away on Tornado Cash
After almost two years, the stolen 13,556 ETH, which was worth nearly $60 million, amounted to almost 26.2 million at the time of writing. Go to Source Powered by WPeMatico
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Crypto lobbyists still fighting to axe ‘unlawful’ Tornado Cash sanctions
The crypto industry advocacy group has placed its support behind Coin Center and its lawsuit against the U.S. Treasury over its Tornado Cash sanctions. Go to Source Powered by WPeMatico
Coinbase-backed motion makes 4 key arguments to lift Tornado Cash sanctions
According to the filing, the Treasury lacks the authority to prohibit Tornado Cash and transactions associated with it. Go to Source Powered by WPeMatico
Push to ban ransomware payments following Australia’s biggest cyberattack
The hack on Latitude Financial is Australia’s biggest cyberattack, with driver’s license numbers, passports and financial documents among the stolen information. Go to Source Powered by WPeMatico
Coinbase supports new court action to remove Tornado Cash ban
The motion is part of a broader effort to restore internet privacy rights for U.S. citizens. Go to Source Powered by WPeMatico
Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents resulting in the theft of $4.17 … Read more
Tornado Cash dev says ‘sequel’ to crypto mixer aims to be regulator-friendly
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds. Go to Source Powered by WPeMatico
Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash. Go to Source Powered by WPeMatico
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Kevin O’Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another. Go to Source Powered by WPeMatico
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. Go to Source Powered by WPeMatico