In a recent development, North Korean hackers associated with the notorious Lazarus Group have exploited the coin-mixing service Tornado Cash to launder approximately $12 million worth of stolen Ethereum (ETH) within the past 24 hours.Â
The incident follows the...
Commenting on sanctions levied on Tornado Cash by the US government, Charles Hoskinson, founder of Cardano, said it is a ‘dangerous regulatory precedent.’
To the unfamiliar, the U.S Treasury Department has prohibited the use of the crypto mixing service...
In an unprecedented move, the U.S. Treasury Department levied sanctions on the crypto mixing company Tornado Cash earlier this month. The action is taken over allegations that the crypto mixer was used to launder virtual currency. The expected...
