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Hacker Drains WazirX: $33 Million Vanishes into Tornado Cash Abyss
In the rapidly evolving world of digital currencies, incidents of cyber theft have put a spotlight on the vulnerabilities and security measures of cryptocurrency exchanges. A recent high-profile case involves an Indian crypto exchange from which a whopping sum of approximately $33 million in cryptocurrency was illicitly siphoned off. The stolen assets, majorly in ethereum,…
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Hacker Transfers $32M in Stolen ETH to Tornado Cash Amid Binance Dispute
In the burgeoning world of cryptocurrency, the relationships between exchange platforms and their management teams can often become convoluted, leading to miscommunications and disputes that ripple across the digital financial market. A recent statement has emerged, highlighting the ongoing discord between two giants in the cryptocurrency arena, demonstrating the complexities and challenges within the industry.…
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Hacker Behind WazirX Theft Funneling Another $2 Million Via Tornado Cash
In recent developments, a significant crypto theft has put the digital currency community on high alert. Over a month ago, WazirX, a prominent exchange, suffered a devastating hack leading to a loss of $234 million, momentarily ceasing operations. The latest updates reveal a concerning turn of events, with the WazirX hacker beginning to launder the…
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Hackers Drain $12M in Ethereum from WazirX, Laundering Through Tornado Cash Exposed
In the evolving landscape of digital currencies, a significant breach has cast a shadow over the trust and security measures of cryptocurrency exchanges. WazirX, an exchange that recently fell victim to a monumental $230 million hack, is now navigating through the aftermath as hackers moved a substantial portion of stolen assets amounting to 5,000 ETH,…
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Why OKX is Cutting Ties with Tornado Cash Users: Insights from the Founder
In the rapidly evolving landscape of cryptocurrency exchanges, the issue of privacy versus regulatory compliance has become a hot topic. Recently, the spotlight has turned to OKX, a top-tier global crypto exchange platform, and its approach towards accounts linked with Tornado Cash, a service known for its ability to anonymize bitcoin transactions. This service has…
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Tornado Cash Handles Nearly $2 Billion in 2024 Despite Sanctions
The Enigmatic World of Tornado Cash and the Quest for Privacy in the Digital Age In the digital realm where every transaction leaves a digital footprint, privacy has become a rare commodity. Enter Tornado Cash, a technological marvel designed to shield the privacy of crypto users by obfuscating the origins of cryptocurrency transactions. Leveraging the…
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Trial Postponed for Tornado Cash Co-Founder as Judge Agrees with Defense
Exploring the Intricacies of High-Profile crypto Legal Battles At the heart of the crypto world, a legal drama unfolds that could shape the future of digital currency privacy and regulation. In a significant development, a United States district court judge has made a pivotal decision to postpone the trial of a key figure in the…
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Dutch Court Refuses Bail for Tornado Cash Co-Founder Alexey Pertsev
The Dilemma of Digital Currency’s Creators: A Closer Look at Alexey Pertsev’s Case As the digital world continues to evolve, it often collides with the physical one, especially in the realms of law and order. This has been vividly illustrated in the recent legal struggles of Alexey Pertsev, a name synonymous with innovation in the…
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Tornado Cash Founder’s Court Date Delayed Until December
The Upcoming Trial of a crypto Pioneer: A Deep Dive into Legal Complexity Imagine orchestrating one of the most talked-about crypto platforms only to find yourself tangled in a legal battle that could redefine the boundaries of technological accountability. This is the reality for a co-founder of a pioneering crypto-mixing company, whose trial has been…
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$2.9 Million from Crypto Hack Shifted to Tornado Cash for Laundering
The Rollercoaster Journey of DeFi: A Glimpse into PancakeBunny’s Tale The world of decentralized finance (DeFi) is filled with stories of rapid adventures and unforeseen pitfalls. Among these tales, the story of PancakeBunny captures the essence of innovation’s double-edged sword within the DeFi universe. Initially celebrated as a beacon of potential on the Binance Smart…