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29 May 23

Hacker drops control over Tornado Cash as they use it to wash stolen funds

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A hacker who recently took over the cryptocurrency mixer Tornado Cash has given up control while still using the protocol to launder the digital tokens stolen in the attack. Hacker uses Tornado Cash to wash stolen tokens In the incident, the […]

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29 May 23

Level Finance exploiter moves $1m worth of BNB to Tornado Cash

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Level Finance, a BNB Smart Chain-based decentralized finance (DeFi) platform, was hacked on May 2. According to on-chain data, the hacker stole over $1m worth of BNB and is now moving the funds. According to a tweet by the blockchain security […]

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27 May 23

Wallet drainer moves funds to Tornado Cash

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto security firm CertiK has warned that a known wallet drainer has moved funds into sanctioned crypto tumbler Tornado Cash. In a May 27 alert, CertiK stated that two externally owned addresses (EOAs), 0x546 and 0x108, deposited 20 ether (ETH) with […]

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26 May 23

Coinbase-supported motion counters Tornado Cash sanctions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The filing asserts that the Treasury does not possess the necessary jurisdiction to ban Tornado Cash and its associated transactions. In a recent filing on May 24, six individuals presented four key arguments to overturn the United States Treasury’s decision to […]

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25 May 23

US Treasury challenged over Tornado Cash sanctions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bid to reverse sanctions against Ethereum’s privacy service, Tornado Cash, plaintiffs question the U.S. Department of Treasury’s interpretation of property rights in smart contracts and the application of the first amendment’s free speech clause. In a fresh legal development, […]

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23 May 23

Tornado Cash attacker proposes to return control

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a shocking turn of events, an attacker who recently hijacked the governance of Tornado Cash has proposed to undo their hack, sparking hope and skepticism within the community. The attacker’s initial malicious proposal on May 21 granted them complete control […]

16 May 23

Uranium Finance exploiter launders 650 ETH through Tornado Cash

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An address associated with the 2021 exploit of automated market maker Uranium Finance recently laundered over $1.18 million of stolen assets through crypto mixer Tornado Cash. The assets were transferred in ten transactions in 30 minutes today. PeckShield, a blockchain security […]

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06 May 23

Attacker behind AnubisDAO rug pull transfers another $5.9m to Tornado Cash

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An address linked to the 2021 AnubisDAO rug pull has reportedly moved another 3,000 ethereum (ETH) valued at about $5.9m via Tornado Cash, a token mixer. AubisDAO attacker moving funds to Tornado Cash According to a May 6 alert from blockchain […]

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05 May 23

Block’s Cash App Q1 report reveals $2b in BTC revenue

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Jack Dorsey’s Block recorded a stunning $2.16 billion in bitcoin (BTC) sales in Q1. The fintech company’s main product, Cash App, generated 25% more bitcoin income yearly. The shareholder letter states that the multi-billion dollar bitcoin revenues were attributed to an increase in […]

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25 Apr 23

Digital euro to complement cash, privacy challenges addressed

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fabio Panetta, European Central Bank (ECB) board member, assures the digital euro will enhance existing cash options while tackling privacy concerns amidst the need for security in the evolving financial landscape. In a recent gathering of the European Parliament’s Committee on […]

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