Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%
The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.
Tornado Cash Developer Roman Storm’s Trial Delayed Until April
A hearing on Storm’s push to keep his expert witnesses secret is scheduled for Nov. 12.
Bitcoin Price Jumps Above $65K; Binance Founder CZ Could Be Released Friday
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as the price of bitcoin climbed above $65,000 in early U.S. trading hours. Plus, Binance founder Changpeng “CZ” Zhao could be released from prison as soon as today and a New York judge ruled that the case against Tornado Cash developer Roman Storm will proceed to trial.
Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders
If convicted of all three charges, Storm faces up to 45 years in prison.
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.