Trading Cards, and Illicit Finance: The Intriguing Interplay of Tornado Cash, MTG, and a Mysterious $25M Fund Flow

As discovered by well known Analyst ZachXBT, we will explore the tale that intertwines the realms of cryptocurrency, trading cards, and potential illicit activities, a series of transactions involving Tornado Cash, Magic The Gathering (MTG), and a significant sum of…

Tornado Cash’s token Torn Suffers a Massive Decline of More than 45% After Tragic Delisting from Binance

Crypto exchange giant Binance, has made a decision to delist Tornado Cash’s native token TORN, on December 7, 2023. So, this is causing shockwaves through the crypto community. This decision, however, is part of Binance’s stringent review process. Moreover, it…

Why did the top crypto lobbying group throw its support behind the Tornado Cash challenge?

The primary crypto industry lobbying entity in Washington has thrown its weight behind the latest endeavour by six plaintiffs to reverse the US government’s sanctions on Tornado Cash. The Blockchain Association, based in Washington DC, filed a comprehensive 39-page brief…

Tornado Cash alternative detailed in paper co-authored by Vitalik Buterin

Ethereum(ETH) co-founder Vitalik Buterin, along with core developer Ameen Soleimani, Jacob Illum of Chainalysis, and scholars Matthias Nadler and Fabian Schar, have jointly authored a research paper introducing a novel privacy protocol known as “Privacy Pools.” The research paper introduces…

Tornado Cash Developers Charged With Money Laundering and Sanctions Violations That Facilitated Over $1 Billion in Illicit Transactions

The U.S. DOJ has filed charges against two Tornado Cash developers with a privacy protocol operating on the Ethereum network. This protocol developed an unclear and hazy connection between sender and recipient addresses. The two developers, Roman Storm, and Roman…

US Seizes Sinbad Crypto Mixer Linked to North Korean Hackers

The U.S. Department of the Treasury has taken a bold step, in sanctioning the Sinbad cryptocurrency mixing service. It stands accused aiding North Korean Lazarus hackers in laundering funds obtained through massive crypto heists.  Understanding Sinbad: The Crypto Mixer in…

Decentralized Finance (DeFi) Platform Raft Recovering from a Devastating Hack of $3.3 million

In recent events, the decentralized finance (DeFi) platform Raft fell victim to a significant hack, resulting in the loss of approximately $3.3 million worth of ether (ETH). This incident has sent shockwaves through the DeFi community, highlighting the vulnerability of…

Hacker sent back $90 million funds to Euler Finance

Earlier this month, Euler Finance, a decentralized finance (DeFi) protocol, fell victim to a $200 million exploit. However, in a surprising turn of events, the hacker responsible for the attack decided to return a majority of the stolen funds to…

Cloak: A New Era of Privacy and Security in Cryptocurrency Transactions

Early Contributor of Banned Tornado Cash Ameen Soleimani Announces Launch of New and Improved Version of Mixing Service. Tornado Cash, a decentralized mixing service that allows users to obfuscate the origin of their cryptocurrency transactions, was recently banned by the…

Is USDC the Most Promising Regulatory-compliant Stablecoin?

The cryptocurrency space has its share of bad actors. This is one of the reasons a lot of investors are having second thoughts about dipping their toes in digital assets. Circle’s USDC stablecoin is being marketed as one of the…