Tornado Cash Indictments May Prove to Be Just a Localized Storm After All

2023-8-30 03:00

The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents.

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Источник: coindesk.com

could tornado → Результатов: 19

Crypto bull run: Traders share their plans for the ‘tornado’ to come

Millions of new crypto investors could be experiencing their very first bull run soon, and those who’ve been through it have shared how they plan to tackle it.

2023-8-29 02:26	Bitcoin trading
crypto run those soon plan tackle shared

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Bad Omen: What The Tornado Cash Case Could Mean For Code Publishing

The Ethereum-based decentralized platform, Tornado Cash, has been at the center of controversy since US authorities targeted it. The case continues to evolve without positive developments for the platform or its co-founders.

2023-8-25 23:00	Tornado Cash
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Tornado Cash attacker creates proposal that could restore governance

An attacker who gained control over Tornado Cash put forward a proposal on May 21 that could reverse his original exploit. Exploiter could undo his attack Tornadosaurus-Hex, a community member, wrote: “The [Tornado Cash] attacker posted a new proposal to restore the state of Governance.

2023-5-22 04:00	#scams
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Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses.

2023-5-9 16:58	sanctions
dao railgun chainway demonstrate coins mathematically allow

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Blockchain Association files brief in Tornado Cash case

The advocacy group was joined by the DeFi Education Fund in arguing that the crypto mixer has important social functions and that the sanctions from the Office of Foreign Assets Control could set a dangerous precedent.

2023-4-13 23:40	Money Laundering
sanctions functions social important office set dangerous

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SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily

The biggest news in the cryptoverse for December 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Cash could be back and more in this CryptoSlate Wrapped Daily.

2022-12-23 01:30	Wrapped
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Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined

A new report suggests the Ethereum staking ecosystem could become a formidable industry impacting a wider crypto economy.

2022-9-24 23:15	Cryptocurrency Exchange
ethereum staking suggests report new ecosystem could

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MakerDAO: Could Coinbase’s announcement turn things around for MKR

Following the tornado cash sanction, Coinbase proposed that MakerDAO will be the first client of its USDC institutional rewards program. Making MakerDAO a top customer may be advantageous to CoinbThe post MakerDAO: Could Coinbase’s announcement turn things around for MKR appeared first on AMBCrypto.

2022-9-14 15:30	News
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As Censorship on Ethereum Begins, Could This Open-Sourced Code Help Counter It?

Flashbots' accelerated code release comes amid U.S. regulatory crackdown on crypto mixer Tornado Cash for sanctions violations.

2022-8-24 22:52	Tech
code crypto crackdown amid comes regulatory tornado

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Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen

The Minnesota Republican highlighted the practical issues that could allegedly arise from the placement of smart contract addresses on the SDN list in a series of pointed questions.

2022-8-24 22:17	sanctions
smart contract placement could allegedly arise series

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Tornado Cash Developer's Arrest in the Netherlands Draws Community Protest

After the detention of Alexey Pertsev, campaigners worry holding developers accountable for malicious use of code could have a dangerous, chilling effect.

2022-8-22 17:57	policy
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Now That Authorities Have Sanctioned Tornado Cash, Is Bitcoin Next?

Crypto privacy advocates were appalled when U.S. authorities sanctioned and shut down Tornado Cash. Could Bitcoin survive a similar attack?

2022-8-20 18:52
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Now That Authorities Have Shut Down Tornado Cash, Is Bitcoin Next?

Crypto privacy advocates were appalled when U.S. authorities sanctioned and shut down Tornado Cash. Could Bitcoin survive a similar attack?

2022-8-19 18:52
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Regulating Web3: Aztec CEO Maps Out Future of Privacy After Tornado Cash Sanctions

Zac Williamson discussed what the future for Web3 privacy could look like in the wake of widely criticized U.S. government crypto sanctions. The post Regulating Web3: Aztec CEO Maps Out Future of Privacy After Tornado Cash Sanctions appeared first on BeInCrypto.

2022-8-18 07:13
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Developers could be punished for code created to commit crime, says Dutch regulator

Netherlands’ Fiscal Information and Investigation Service (FIOD), which arrested a Tornado Cash developer on August 12, said that developers could be held responsible if they created a code for the “sole purpose” of committing a crime or facilitating criminals.

2022-8-17 18:34	Regulation
created crime developers code could responsible held

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Kraken CEO says Tornado Cash sanctions are ‘unconstitutional’

Jesse Powell, the CEO of US-based cryptocurrency exchange Kraken, says the government agency’s move to shut down the crypto mixing service Tornado Cash could be deemed “unconstitutional.

2022-8-18 13:38	USA
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Tornado Cash ban could spell disaster for other privacy protocols — Manta co-founder

The ban of Tornado Cash in the U.S. could have ripple effects across Web3 protocols, particularly ones that offer privacy on the blockchain.

2022-8-17 07:36	Tornado Cash
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Rune Christensen Details How MakerDAO Is Navigating Tornado Cash Sanctions

Rune Christensen, founder of MakerDAO, joined CoinDesk TV’s “First Mover” to discuss the risks for DeFi, its DAI stablecoin and what implications sanctioning coin mixer Tornado Cash could mean for the industry.

2022-8-12 00:35	Business
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Tornado Cash Ban May Not Stop Bad Actors but Could Put a Dent in Their Efforts, Former DEA Agent Says

William Callahan joined CoinDesk TV’s “First Mover” to discuss the Treasury Department’s sanctioning of the mixing service.

2022-8-10 18:07	policy
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IRS lightens crypto reporting requirements in latest tax form draft

The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug.

South Korea mulls delaying 20% crypto tax amid local pressure

South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…

Korea’s crypto community warns 20% tax on gains could devastate market

South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…

Florida lawmaker pitches ‘Bitcoin for Taxes’ bill

A Florida lawmaker has introduced a bill that would greenlight Bitcoin as a payment method for U.S. taxes.

3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work

Can you take advantage of tax loopholes to avoid paying taxes on your digital currency exchanges? See three of the most common ones and why they don't work. The post 3 Common Cryptocurrency Tax “Loopholes” and Why They Don’t Work appeared first on CoinCentral.

IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.

Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams

IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.

2023-8-30 03:00

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