A coin mixer is a service in the crypto industry that ultimately seeks to anonymize crypto transactions, between users involved in sending and receiving funds.
1/25/2023, 10:33:51 AM
Tornado Cash is an industry-leading coin mixer that enables anonymous transactions. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced that it would sanction Tornado Cash, roiling the community.
On August 8, U.S. local time, the Office of Foreign Assets Control of the US Department of the Treasury (OFAC) announced the sanctions against the mixed currency protocol Tornado Cash, roiling the community.
This event is expected to be a watershed in the growth of DeFi, and even the entire crypto industry. Then, what is Tornado Cash? How does it work? How did it become the target of sanctions by the US government? You’ll find all the answers to these questions in this article.
11/21/2022, 10:37:22 AM
This article starts with the issue of DA and data withholding, and explores the reasons why Plasma has been buried for so long.
1/6/2024, 7:08:27 AM
This article analyzes the methods of fraud on Telegram.
1/22/2024, 9:51:53 AM
This article introduces privacy projects represented by Tornado, which truly utilize the zero-knowledge property of the ZK-SNARK algorithm, while most projects under the ZK banner only use the succinctness of ZK-SNARK. Often, people confuse the difference between Validity Proof and ZK, and Tornado serves as an excellent example to understand the application of ZK.
2/28/2024, 5:44:01 AM
This article analyzes the 0x0 platform, an innovative blockchain project combining AI-powered smart contract auditing with privacy protection. Through the Arcane Wallet, users can make anonymous asset transfers while relayers maintain transaction privacy. The platform features an AI auditing system that identifies contract vulnerabilities in real-time, alongside a unique tokenomics and buyback-and-burn strategy to enhance token value. Though facing technical complexities, 0x0's upcoming mainnet launch and ecosystem developments position it as a leader in blockchain privacy and decentralization.
2/5/2025, 3:49:47 PM
Tornado Cash is a decentralized, non-custodial privacy solution based on Ethereum. Recently, one of its founders, Alexey Pertsev, was sentenced to 64 months in prison. This article explores the impact of Pertsev's guilty verdict on future DeFi startups and how DeFi can coexist with regulation.
5/21/2024, 3:31:54 PM
From both a technical and business logic perspective, this article analyzes the operational principles of Tornado Cash. Its aim is to help readers gain a comprehensive understanding of its underlying mechanisms and application value. By delving into Tornado's core concepts, it attempts to systematically grasp the details and practical operation of this privacy solution.
12/18/2023, 5:53:16 AM
Why are cryptocurrency exchange founders like SBF and CZ constantly facing money laundering allegations? How do cryptocurrency mixers like Bitcoin Fog and Tornado Cash facilitate money laundering? How do virtual asset service providers avoid suspected money laundering transactions and meet compliance requirements? Today, we will explain it all.
4/1/2024, 6:40:15 PM
MangoFarmSOL marketed itself as a farming protocol on the Solana blockchain, promising high yields and a lucrative MANGO token airdrop. However, the MangoFarmSOL team executed an exit scam, and this highlighted the urgent need for an auditing and review process of DeFi projects.
4/1/2024, 7:23:24 PM
Imagine waking up to find that your bank account or crypto wallet has been frozen, leaving you unable to access your funds. It’s a situation more people are finding themselves in as banks and centralized exchanges (CEXs) enforce stringent regulations under the banner of Anti-Money Laundering (AML) and financial crime prevention.
2/8/2025, 2:03:04 AM
This article explores how Russia is overcoming economic blockades by legalizing cryptocurrency mining and promoting cross-border cryptocurrency payments in response to international sanctions.
8/20/2024, 2:55:11 AM
As the bridge linking fiat currency and cryptocurrency, a growing number of stablecoins have been created, with many of them collapsing soon afterward. What about USDC, the leading stablecoin currently? How will it evolve in the future?
11/21/2022, 8:59:29 AM
Ergo (ERG) is a cryptocurrency focusing on contract-based, decentralized applications with features like privacy and light client use.
2/1/2024, 1:55:43 AM
Bool Network functions as a witness bridge, requiring only a signature on the target chain to complete the cross-chain transaction at minimal cost. Its core advantage is that nearly all operations occur within a Trusted Execution Environment (TEE), ensuring that external parties cannot see what is happening. Each node is unaware of the identity of the witnesses or whether they have been selected, which fundamentally prevents collusion and greatly increases the cost of external attacks.
6/17/2024, 11:59:42 AM