Alexey Pertsev, a developer of Tornado Cash, was arrested by Dutch officials. Tornado Cash DAO reportedly went offline. Ethereum (ETH) network’s “Merge” has been ready for the switch to Proof-of-Stake (PoS), at this time Tornado Cash, a cryptocurrency mixing service built on the Ethereum blockchain has turned into a hot
Circle’s USDC stablecoin is used to collateralize the vast majority of MakerDAO’s DAI. The DeFi protocol has a total locked value of approximately $11 billion. Many prominent leaders in the cryptocurrency sector are reevaluating their dependence on U.S.-based centralized services and products in the wake of the Treasury Department’s shocking
dYdX banned user’s accounts that utilized Tornado Cash. Many users had no awareness they had received money from the crypto mixer. The cryptocurrency exchange dYdX announced that it has blocked user accounts that even have a token link to Tornado Cash, the cryptocurrency mixing service that the U.S. Treasury sanctioned
