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What is Tornado Cash, and why did it get into trouble?


What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs to conceal the onchain link between the sender and receiver...

What is Tornado Cash, and why did it get into trouble?


What is Tornado Cash? Tornado Cash is a decentralized, non-custodial crypto mixer designed to enhance transaction privacy on public blockchains. It uses smart contracts and zero-knowledge (ZK) proofs to conceal the onchain link between the sender and receiver...

Bhutan launches tourism crypto payments with Binance Pay and DK Bank


Bhutan, known for investments in cryptocurrencies like Bitcoin, has launched a tourism crypto payment system in partnership with Binance Pay and DK Bank.The system allows Bhutan travelers with Binance accounts to pay for services like tickets, hotel stays, tour guides and other products using...

Bhutan launches tourism crypto payments with Binance Pay and DK Bank


Bhutan, known for investments in cryptocurrencies like Bitcoin, has launched a tourism crypto payment system in partnership with Binance Pay and DK Bank.The system allows Bhutan travelers with Binance accounts to pay for services like tickets, hotel stays, tour guides and other products using...

Hacken CEO sees ‘no shift’ in crypto security as April hacks hit $357M


Despite the $1.4 billion lost in the recent Bybit hack, crypto companies have not changed their approach to cybersecurity, according to Hacken CEO Dyma Budorin. In an interview with Cointelegraph at the Token2049 event in Dubai, Budorin said the industry continues to rely on limited measures...

Hacker from 2022 Voltage Finance exploit moves ETH to Tornado Cash


A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has moved some of the stolen Ether to Tornado Cash after a short hibernation. Blockchain security firm CertiK said in a May 6 post to X that the 100 Ether (ETH), worth $182,783...

US Treasury’s OFAC can’t restore Tornado Cash sanctions, judge rules


The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado Cash, a US federal court has ruled.Austin federal court judge Robert Pitman said in an April 28 judgment that OFAC’s sanctions on Tornado...

US Treasury’s OFAC can’t restore Tornado Cash sanctions, judge rules


The US Treasury Department’s Office of Foreign Assets Control can’t restore or reimpose sanctions against the crypto mixing service Tornado Cash, a US federal court has ruled.Austin federal court judge Robert Pitman said in an April 28 judgment that OFAC’s sanctions on Tornado...

Russian crypto exchange Mosca raided amid cash-to-crypto ban talks


As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have experienced police raids.Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud...

Russian crypto exchanger Mosca raided amid cash-to-crypto ban talks


As the Russian government is considering a ban on cash-to-cryptocurrency transactions, some major local crypto exchange platforms have encountered police raids.Mosca, a crypto-to-cash exchange located in the Moscow International Business Center, was raided on April 23 in connection with fraud...

Cash-based crypto can enable financial inclusion for billions


Opinion by: Alexander Guseff, founder and CEO of TectumCrypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded...

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