wp-plugin-hostgator
domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init
action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114ol-scrapes
domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init
action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2022\/08\/14\/twitter-crypto-privacy-sanctions-tornado-chain-reaction\/<\/a><\/br> Welcome back to Chain Reaction.<\/strong><\/p>\n Last week<\/a>, we talked about a hack that gave new, ironic meaning to the word \u201ctrustless.\u201d This week, we\u2019ll get into one of the most polarizing aspects of crypto \u2014 privacy.<\/p>\n If someone forwarded you this message, you can subscribe on TechCrunch\u2019s newsletter page.<\/a><\/p>\n <\/p>\n A weekly window into the thoughts of senior crypto reporter <\/i>Anita Ramaswamy<\/i><\/a>:<\/i><\/p>\n Tornado Cash has been the talk of the town this week in crypto circles. The U.S. government\u2019s Office of Foreign Asset Control (OFAC), a watchdog within the Treasury, leveled sanctions against the cryptocurrency mixer<\/a> for its role in helping facilitate money laundering. North Korean-backed hackers, among others, have used the Tornado Cash platform to mask stolen crypto associated with some of the highest-profile hacks in web3 to date, including last week\u2019s Nomad heist and the hack of play-to-earn video game Axie Infinity earlier this year.<\/p>\n But in imposing sanctions, OFAC was essentially using a sledgehammer to crack a nut. The agency\u2019s official notice on the topic said that the platform had facilitated $7 billion worth of money laundering \u2014 which happens to be the total value of crypto assets that have been sent through Tornado Cash since it was created in 2019. Meanwhile, blockchain analytics provider Elliptic says only ~$1.5 billion of funds on Tornado are actually linked to crime, including ransomware attacks and fraud. The rest, Elliptic argues, could include\u00a0\u201clegitimate uses of mixers such as Tornado, such as to preserve financial privacy.\u201d<\/p>\n So what are some of those legitimate uses? One example came from Ethereum co-founder Vitalik Buterin, who confessed on Twitter<\/a> that he has used the service to send donations to aid Ukraine securely without the knowledge of the Russian government.<\/p>\n
\nWhy Twitter anons are sending crypto to celebrities<\/br>
\n2023-01-20 22:20:14<\/br><\/p>\n
\nall mixed up<\/h2>\n