It should also be noted that Github—the code platform that hosted Tornado Cash’s code—also took action on Monday. Github removed Tornado’s code and suspended Tornado Cash founder Roman Semenov’s account.
Finally, on Friday, the Netherlands Crime Agency (FIOD) reported arresting a “suspected” Tornado Cash developer. The news made waves on Twitter, with the crypto community and privacy advocates decrying the move as a declaration of war on coders.
Elsewhere…
Joel Miyazawa, a governance analyst at crypto intelligence firm Messari, can’t understand why the UniSwap community is so divided over a $74 million proposal to form a UniSwap Foundation separate to the exchange.
Uniswap's treasury is worth approximately $2 billion
The Uniswap Foundation proposal is asking for $74 million. That's ~4% of Uniswap's treasury...
And the Uniswap Community is divided. Why?
— Joel Miyazawa (@Ichiro_JJ) August 10, 2022
The Tornado Cash sanctions resulted in USDC issuer Circle freezing all USDC in wallets...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...