Six individuals seeking to lift the ban against cryptocurrency mixer Tornado Cash, the platform that enhanced privacy by mixing transactions, put forth four major arguments in a filing on May 24. The filing supports the Coinbase-backed lawsuit against the U.S. Treasury filed on Sept. 8, 2022. In the latest filing, the plaintiffs argued that this…
Censorship concerns grow as Trezor integrates ‘CoinJoin’
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Hoskinson: Contingent staking, why the Cardano community is pushing back
Ad The Cardano community is divided over contingent staking, with detractors calling it a compliance protocol to appease U.S. lawmakers. Input Output CEO Charles Hoskinson said he finds such criticisms baffling, putting it down to a misconception of the idea. “I’m still at a loss reading some of the comments on contingent staking. It’s incredible…
Tornado Cash developer remanded in custody another 3 months without charge
Ad Alexey Pertsev, the developer of Tornado Cash, an open-source crypto-mixing protocol, will continue to be detained until his next hearing on April 21, according to a ruling by a Dutch court. The court of East Brabant in Holland has also scheduled a pre-trial review for May 24, as reported by The Block. In August,…
Tornado Cash developer seeks $240K salary to resurrect protocol
Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 5 days ago
FTX debtors attempt to seal corporate identities to obfuscate bankruptcy proceedings
According to documents filed on Dec. 12, the Debtors of FTX are attempting to obfuscate the bankruptcy hearing by continuing to insist all individual and corporate client identities are sealed unless specifically requested to be revealed. Sealing of personal information While the personal information of individual investors can rightly be viewed as private information that…
99% ETH OFAC compliance to slow block time to 3hrs but not censor
As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm faster on the ETH chain as opposed to a Bitcoin (BTC) blockchain transaction. If 99% of Ethereum validators were OFAC compliant, a censored…
FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%
On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold another…
Op-ed: Is SBF a superhero, villain or simply misunderstood by the crypto community?
FTX CEO Sam Bankman-Fried is a controversial figure in the world of crypto, perhaps the most contentious following his recent statements on regulation. Over the past year, SBF has been in the trending section of CryptoSlate’s people directory almost weekly. SBF, along with his companies Alameda Research and FTX, bailed out both BlockFi and Voyager…
Ethereum censorship debate heats up as censored blocks hit 65% – FUD or simple fix?
The founder of Gnosis Safe, Martin Koppelmann, took to Twitter to debate the importance of reviewing the state of censorship on the Ethereum blockchain. Koppelmann stated, “there is no wide agreement that this needs to be fixed.” However, several responses debated Koppelmann’s thesis, commenting, “the amount of blocks processes by OFAC censored is misleading.” The…