The chilling effects of the Treasury Department’s unprecedented sanctions against code itself are being felt well beyond the cryptocurrency community, threatening the entire open source software ecosystem, and raising existential questions for all privacy-promoting technologies.
Latest in Cryptocurrency
Cryptocurrency security really is worse than other digital technologies, and there’s a good chance it always will be.
OFAC’s designation of Tornado Cash to the SDN list has broad implications, including how cryptocurrency mining and bridging may act in the future.
The audit found multiple inadequacies in the USMS’s management and tracking of seized cryptocurrency.
OFAC should consider a creative sanction against the mixing service Tornado Cash, particularly the 100 Ethereum wallet that is known to be hiding a large amount of the DPRK’s stolen cryptocurrency.
China’s vision of the next iteration of the internet is one in which China controls and vets who can build on it.
U.S. law enforcement annouced the seizure and takedown of Hydra Market and RaidForums.
President Biden's first executive order addressing cryptocurrency and other digital assets.
On Feb. 8, the Department of Justice released a criminal complaint against two individuals for an alleged conspiracy to launder billions of dollars in cryptocurrency. The Justice Department charged Ilya Lichtenstein and Heather Morgan with conspiring to commit money laundering and conspiring to defraud the United States.
The $600 million hack of the “decentralized” Poly Network should alert regulators due not to the size of the theft but, rather, to what the stakeholders did after the incident.