An attacker used a fraudulent contract to get access to thousands of votes and take complete control of the popular cryptocurrency mixer Tornado Cash. Paradigm’s web3 research analyst @samczsun was the first to notice the problem over the weekend. According to a tweet by user samczsun, the attacker claimed to
The decentralized cryptocurrency blender Tornado Cash already had difficulties before an attacker took complete control of the governance by submitting a fraudulent proposal. An attacker gained 1.2 million votes for a fraudulent proposal at 3:25 PM ET on May 20. Because the proposition obtained over 700,000 valid votes, the attacker
In March, a wallet address 0x59d7…D69 connected with Uranium Finance exploit started moving 2,250 ETH, worth approximately $3.35 million, in stolen funds into the popular crypto mixer, TornadoCash. #CertiKSkynetAlert 🚨 We are seeing a movement of funds to @TornadoCash from address 0x59d7 which is connected to the ~$50m Uranium Finance
Alexey Pertsev, the creator of Tornado Cash, will be released on certain conditions. After sanctions were placed on the crypto mixing service by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) in August, he was arrested by Dutch police. The developer of Tornado Cash reportedly received some kind
According to recent reports, Tornado Cash developer Alexey Pertsev is set to be released from jail by authorities and will be kept under house arrest with an ankle monitor and surveillance from next week, following a Dutch court ruling. The Founder of Tornado Cash, Alexey Pertsev has reportedly been released
The renowned “coin mixer” Tornado Cash was prohibited in the United States last year. But, the Ethereum community has been hard at work on a solution, Privacy Pools, that they think would deter the federal government from interfering. In August, the U.S. Treasury Department placed restrictions on Tornado Cash because
The ideal mixing protocol, for Ethereum, Tornado Cash, has been sanctioned yet again. The United States Treasury Department said in a press statement today that it was updating its sanctions on Tornado Cash because the service had been used to provide North Korea with money, supplies, and technology. The Treasury
The money movement is linked to the October 2021 BXH Exchange breach. GitHub reinstated the Tornado Cash code in “read-only” mode. On Saturday, crypto security company CertiK said that it had uncovered a suspicious $2.4 million payment into the cryptocurrency mixer Tornado Cash. Information suggests the money movement is connected
U.S. citizens cannot use the app because of the recent sanction. Ethereum developers found the original code for the program was once again on GitHub. The Tornado Cash Ethereum currency mixer has been restored to the GitHub website. Tornado Cash, which provides an anonymous means of sending and receiving Ethereum,
Tornado Cash sued the U.S Treasury department. Coinbase backing a lawsuit against the SEC. The largest cryptocurrency exchange Coinbase announced that it was backing a lawsuit against the U.S. Securities and Exchange Commission (SEC) on Thursday. Coinbase claims that this backing will help to prevent sanctions prohibiting Americans from Tornado
