Tag: Tornado Cash

Crypto Criminals Capitalize on Ether Dip Using Stolen Nomad Assets

Crypto hackers exploited the recent Ether dip using stolen funds from the Nomad Bridge hack. Ethereum's price drop created opportunities for acquiring discounted...

WazirX Hack Exposes Crypto Security Gaps: $235 Million Stolen

The WazirX hack resulted in a $235 million loss by compromising the exchange's Safe Multisig wallet. Safe multisig wallets improve security by requiring several private keys to enable transactions. The breach was funded using distributed protocols for private transactions, such as Tornado Cash, which complicates attempts to track the pilfers. Crypto hacks have been a...

Crypto mixers: The catalyst of all crypto illegalities

A crypto mixer is a decentralized platform where different digital currencies are blended to remove any trace of origin Crypto mixers collect,...

Cryptocurrency mixer Tornado Cash creates fodder for crypto hackers

Tornado Cash was founded in 2018 by Roman Storm and Semenov, who believe privacy is a critical element in cryptocurrency Another critical component...