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Tag: Tornado Cash

WazirX Hack

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The WazirX Hack: A Trail of ETH Leads to Tornado Cash In July 2024, WazirX, one of India’s leading cryptocurrency exchanges, fell victim to a cyberattack resulting in the theft of over $230 million, primarily in Ethereum (ETH) and Shiba Inu (SHIB). On September 3, 2024, the hacker behind this monumental heist moved approximately $6.5 million worth of ETH through Tornado Cash, a mixer notorious for anonymizing cryptocurrency...

Ethereum, Front page, News, Tornado Cash, WazirX

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Tornado Cash dusted wallets

A Tornado Cash user “Dusts” hundreds of public wallets

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The Treasury Department of the United States prohibited recently Tornado Cash, a method for mixing Ethereum tokens. Tornado Cash pools transactions to obscure their origins and make it more difficult to ascertain where digital currency was being transported. Now, an anonymous troll is sending Ethereum to celebrities from a Tornado Cash wallet, ostensibly to demonstrate how difficult it would be for the United States government to enforce...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, Tornado Cash

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tornado cash

The US bans the Ethereum mixing tool Tornado Cash 

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In a notice made on Monday, the US Treasury Department placed the Tornado Cash website and a huge variety of Ethereum addresses on its Specially Designated Nationals list, prohibiting American citizens from utilizing the service or doing transactions with these addresses. What is Tornado Cash? Tornado Cash is an Ethereum network “mixer.” It enables Ethereum users to transmit ether (ETH) or ERC-20 tokens to the service to be...

Blockchain, Crypto regulation, Cryptocurrencies, Front page, News, Tornado Cash

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