OFAC

What Will The ETH Blockchain Look Like When 50% Of Blocks Are Censored OFAC

On October 14, Ethereum [ETH] blockchain saw an unprecedented increase in censorship as more than 50% of blocks were generated…

2 years ago

Flashbots Announced An Upgrade To Address Censorship Resistance Concerns

Flashbots has launched an update that intends to solve censorship resistance and decentralization issues. Flashbots' product lead, Robert Miller, addressed…

2 years ago

Bittrex Faces $53 Million Fine By US Treasury For Sanctions Violations

According to the Treasury Department, Bittrex violated various sanctions programs and failed to sufficiently defend against money laundering. On Tuesday,…

2 years ago

45% Of Ethereum Validators Comply With US Sanctions

According to Lachan Feeney, CEO of blockchain development firm Labrys, around 45% of all Ethereum blocks presently being confirmed use…

2 years ago

The US Treasury Department Imposed Sanctions On 7 Crypto Wallets From Iran

The US Treasury Department's Office of Foreign Asset Control has added 10 individuals, two entities, and several crypto addresses allegedly…

2 years ago

OFAC Allows Users To Withdraw From Tornado Cash And No Penalties For Passive People

In its latest announcement OFAC allows users to withdraw their funds from Tornado Cash legally. In addition, celebrities who receive…

2 years ago

Tornado Cash Was Involved In The Hack Of $500,000 Stolen From DAO Maker Last Year

According to security companies PeckShield and CertiK, a DAO Maker miner's Ethereum address last year laundered 500,000 DAI stablecoins via…

2 years ago

Ethermine Stops Processing Sanctioned Transactions

Ethermine is no longer processing blocks that include Tornado Cash transactions, resulting in protocol-level censorship. The largest Ethereum mining pool,…

2 years ago

FTX Freezes User Accounts Interacting With Aztec Network

FTX has reported beginning blocking accounts that have sent coins through zk.money of Aztec Network. FTX has identified the DApp…

2 years ago

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