Dubai issues regulations governing virtual asset marketing
Measures needed to operate crypto in Africa get complicated
Next Block Expo is aiming to become the biggest blockchain festival in Europe
Cardano: a major hard fork is coming
Dubai issues regulations governing virtual asset marketing
Measures needed to operate crypto in Africa get complicated
Binance participates in Philippine Senate hearing on cryptocurrency guidelines
Iran: more precise regulation on cryptocurrencies coming
UN: “monitoring the use of cryptography can make the Internet safer”
Forged document from the SEC against Tether
North Korea is the new realm of crypto hackers
SEC: Gary Gensler considers Bitcoin to be a commodity
Next Block Expo is aiming to become the biggest blockchain festival in Europe
Stella Assange and Farida Bemba Nabourema to join line-up of speakers at Plan ₿ Forum in Lugano on October 28th and 29th
Crypto Bali Week
Dubai To Be the Web 3 & Metaverse Capital of The World
Cardano SPO Column: Earn Coin Pool [ECP]
Cardano NFT Column: CardanoBits
Cardano SPO Column: Cardanistas StakePool [CARDS]
Cardano SPO Column: Cardano Blockhouse [CBH]
For Robert Kiyosaki, the markets are crashing.
Binance resets commissions to zero on Ethereum trading ahead of the Merge
Cardano surpasses Bitcoin, Google, and eBay in the “Brand Intimacy” ranking
Coinbase could list the Ethereum fork cryptocurrency
Visa and Near Pay partnership for a Bitcoin card in Europe
Forbes: 51% of Bitcoin trading volumes on cryptocurrency exchanges are fake
Does Satoshi Nakamoto have “only” 1.1 million Bitcoins?
El Salvador: why does Bitcoin adoption seem to have failed?
Coinbase could list the Ethereum fork cryptocurrency
Ethereum Merge: ‘bug bounties’ rise 4x to $1 million
Coinbase introduces its Liquid Staking token ahead of the Ethereum merge
Bellatrix update date announced, Ethereum merge almost read
Arrested a Russian man who mined crypto at a Covid-19 hospital
$349 million devaluation for Bitcoin mining company Riot
Proof-of-work: Chinese Ethereum miner plans on forking Ethereum
Bitcoin mining and warming toward catastrophe?
BUSD overtakes ADA and returns as seventh most capitalized cryptocurrency
Polkadot: aUSD loses peg but then recovers it
DAI could lose its peg to the dollar
Tether and Circle will support Ethereum’s Proof of Stake
Bitcoin (19k), Ethereum (1.4k), Binance Coin Price Analyses
Bitcoin (21k), Ethereum (1.6k), Chainlink Price Analyses
Bitcoin, Ethereum, and Cardano Finished with Green Daily Candles on Tuesday
Bitcoin (20k), Ethereum (1.6k), Solana Price Analyses
Bitcoin, Ethereum, and EOS Were Sent Higher on Sunday
MakerDAO signs $100 million DAI loan with Huntingdon Valley Bank
DeFi: industry figures drop again
3 best Celsius alternatives in 2022
Crisis for Vauld? Withdrawals halted and corporate restructuring underway
Ledger integrates DeFi Alkemi project on its own app
Everything you need to know about the first NFT book
Bored Apes: sales record for NFT collection broken again
Tornado Cash: the money laundering tool also for NFT scams
Meta officially launches new accounts for the metaverse
Polygon welcomes GameSwift (formerly StarTerra) to launch Web3 games
Blockchain is at the service of gaming
Microsoft invests in blockchain gaming with StarHeroes
The best play-to-earn apps that pay for playing games
Meta officially launches new accounts for the metaverse
Invesco Metaverse: a new fund launched by the investment giant
Meta expands Horizon Worlds metaverse to Spain and France
The metaverse will transform the tourism industry
The Sandman: meet the Italian NFT artist who drew Goldie and more
Bruno Cerasi: the NFT project Faded22/ on display in Times Square
The true identity of crypto artist Pak might be revealed
“Crypto Art Begins”: the first NFT book by Rizzoli with 50 top artists
US: buzzword, slumps. Down real estate, stocks, and cryptocurrency
Lagarde: “climate change has a clear impact on inflation”
The extraordinary parable of Millennials and Gen X, possible witnesses to a before and after Euro
Intel’s $30 billion deal for a new acquisition
Visa: number of tokens issued surpasses cards in circulation
Australia: new project to test a CBDC
SoftBank’s black quarter sinks the Nikkei
The profile of the modern investor
Kraken makes its books public to show the underlying
Bitstamp launches Summer of Discovery offer
More problems for Coinbase
India investigates a series of crypto exchanges
How to use Solidity from Ethereum
Ethereum: how do smart contracts work?
What exactly is a smart contract?
How to use Polygon in DeFi and earn MATIC on AAVE
Kraken makes its books public to show the underlying
Bitstamp launches Summer of Discovery offer
More problems for Coinbase
India investigates a series of crypto exchanges
Continuously losing money in the Crypto Market? A 20-year trader share his ways to profit
How to buy, sell and create NFTs on OpenSea. The ultimate guide
How Compound works for lending with cryptocurrencies
Crypto gadgets: new physical device for tracking cryptocurrencies
Bitcoin Beach: the wallet project born in El Salvador expands.
LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in World’s First for a Football League
How to configure a MetaMask wallet
Recover a Bitcoin wallet.dat password in 2 minutes!
By Stefania Stimolo – 29 Aug 2022
For Elliptic Enterprise, Tornado Cash was also a laundering tool for NFT scams before being sanctioned by the US.
Summary
Elliptic Enterprise, a blockchain analytics company, has reportedly released its report regarding Tornado Cash, stating that the cryptocurrency mixer was already a laundering tool for NFT scams before the ban and requests for sanctions by the US.
Tornado Cash was “the laundering tool of choice’' for NFT scams before being sanctioned, Elliptic said in a new report https://t.co/Oxc1FXyhU2
— Bloomberg Crypto (@crypto) August 27, 2022
Tornado Cash was “the laundering tool of choice’’ for NFT scams before being sanctioned, Elliptic said in a new report
The report, in fact, stated as follows:
“Tornado Cash was the source of $137.6 million in cryptoassets processed by NFT marketplaces and the laundering tool of choice for 52% of the proceeds of NFT scams before being sanctioned.”
Earlier this month, Tornado Cash was blacklisted by the U.S. Treasury Department for allegedly laundering more than $7 billion in cryptocurrency.
Not only that, but OFAC also sanctioned criminal penalties for anyone interacting with Ethereum wallet addresses associated with the virtual currency mixer.
Something that is not clear to everyone, such as Minnesota Congressman Tom Emmer, who recently reportedly officially asked the Secretary of the Treasury for answers regarding this legal action against Tornado Cash.
Emmer reportedly sent an open letter to Secretary Janet Yellen, asking for an explanation of the sanctions on the cryptocurrency mixer.
Not even a week after news of the U.S. ban on Tornado Cash broke in Amsterdam, Dutch authorities arrested the 29-year-old alleged developer of the platform.
The Fiscal Information and Investigation Service (FIOD) of the Netherlands had been investigating Tornado Cash since June 2022, accused of both money laundering and concealing large-scale criminal money flows, such as online cryptocurrency thefts.
Alexey Pertsev was punished a week after his arrest for creating a tool to commit criminal acts.
Graduated in Marketing and Communication, Stefania is an explorer of innovative opportunities. She started out as a Sales Assistant for e-commerce, and in 2016 she began to develop a passion for the digital world, initially in the Network Marketing sector, where she discovered and became passionate about the ideals behind Bitcoin and Blockchain technology, which lead her to work as a copywriter and translator for ICO projects and blogs, and organize introductory courses.
Amelia Tomasicchio – 29 Aug 2022
Reporting the future.
The latest news about Bitcoin, ICO, trading, blockchain and fintech.
Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain
We use cookies to make sure you can have the best experience on our site. If you continue to use this site we will assume that you are happy with it.
