Lens
DeFi Platforms
Decentralized exchange Uniswap has appeared to block 253 wallet addresses linked to illicit financial activities on its front end after the U.S. government imposed sanctions on Tornado Cash earlier this month. See related article: Largest Ether mining pool Ethermine stops processing Tornado Cash transactions Fast facts DeFi platform Yearn developer Banteg tweeted on Saturday that […]
Timmy Shen
Blockchain Security
The hackers responsible for stealing US$610 million worth of crypto from Axie Infinity’s Ronin bridge back in March have since transferred most funds from ETH into BTC using renBTC and privacy tools like Blender, ChipMixer, and TornadoCash, according to a report. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts The […]
Zoltan Vardai
Regulation
The largest Ethereum mining pool, Ethermine, stopped processing transactions from crypto mixer Tornado Cash-related addresses around Aug. 11, according to crypto analyst @takenstheorem. See related article: U.S. Treasury overstepping authority in Tornado Cash sanction, says advocacy group Coin Center Fast facts See related article: Ronin hack proceeds seen headed to Tornado Cash
Ningwei Qin
Altcoins
The percentage of stablecoin USD Coin (USDC) supply held by the top 1% addresses dropped to a 22-month low on Monday, while USDC average trading volume in seven days surged to an all-time high on the same day, according to crypto data dashboard Glassnode. See related article: Vitalik Buterin says he used Tornado Cash to […]
Ningwei Qin
Regulation
The U.S. Treasury may have overstepped its legal authority by sanctioning cryptocurrency mixer Tornado Cash, said crypto advocacy group Coin Center. See related article: Circle freezes smart contract addresses linked to blacklisted Tornado Cash Fast facts See related article: Ronin hack proceeds seen headed to Tornado Cash
Ningwei Qin
