Posts

Showing posts with the label tornado cash

GitHub removes Tornado Cash source code, researchers re-upload it

Image
The US Office of Foreign Assets Control (OFAC) placed the Tornado Cash crypto mixer under sanctions. The move has triggered concern across the crypto community . Following the sanctions, GitHub removed the Tornado Cash source code from the platform. Researchers re-upload Tornado Cash source code GitHub, a Microsoft-owned company, also shut down the user accounts of three individuals that contributed to the source code. The move triggered an outcry from the advocates of privacy and free speech. The forks of the Tornado Cash software are still on GitHub. Matthew Green, a professor of Cryptography at John Hopkins University, has published another software fork with the Electronic Frontier Foundation (EFF). Green and Kurt Opsahl, an EFF colleague, have expressed their displeasure over removing the Tornado Cash source code from GitHub. The two have argued that the hosting service has stepped on the right to free speech. Buy Crypto Now Your capital is at risk. The researchers ...

iEarn Hacker Continues To Launder $11.6M Loot Through Tornado Cash

Image
Blockchain analytics firm PeckShield reported that the exploiter is moving funds to different addresses and then routing them to Tornado Cash. So far since the hack, the hacker has nearly laundered $9.3 million worth of loot through layered transactions on Tornado Cash. advertisement The hacker minted 1 quadrillion yUSDT As reported earlier, PeckShield detected a hack that allowed the attacker to mint over 1 quadrillion Yearn Tether (yUSDT). Lanter, the hacker swapped those tokens for other stablecoins worth $11.6 million. Exploiter transferred 1000 ETH to the sanctioned crypto mixer the same day. As per PeckShield, funds have been split into different addresses that are then being transferred to the crypto mixer through layered transactions. One address linked to the iearn exploiter transferred a total of 4,134 ETH to the sanctioned crypto mixer. Crypto hacks drop 70% since Tornado Cash ban Blockchain intelligence firm TRM Labs reported that the in...