Tornado Cash
Will Bitcoin Skyrocket If Trump Returns to Office?; WazirX Hacker Moves Stolen Funds to Tornado Cash
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Bernstein research report says that bitcoin is expected to reach new highs later this year if former President Donald Trump returns to the oval office. Plus, WazirX hacker has moved stolen ether to Tornado Cash, and Binance's Indonesia subsidiary has won a full license in the country.
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
The address was funded on Monday, three days before the transfers were made.
Did Sanctioning Tornado Cash Work?
A new report from the New York Fed suggests it did – with some important caveats.
Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says
Though Tornado Cash still sees some transaction volume, most validators are cooperating with sanctions, the paper said.
DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve
The exploiter created 58 million of the protocol's CVG token and then swapped for roughly $200,000 worth of wrapped ETH and crvFRAX and forwarded to Tornado Cash.
Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting; Alexey Pertsev Denied Bail
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Polymarket's probability for former president Donald Trump to retake the White House jumped to an all-time high on Saturday after he was injured from a shooting at a Pennsylvania rally. Plus, Tornado Cash developer Alexey Pertsev was denied bail by a Dutch court on Friday, and Chainalysis releases a new report on money-laundering.
Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court
Pertsev sought bail to allow him to prepare for his appeal to the verdict in May which found him guilty of money laundering.
Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
