Cryptocurrency

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I don't think that's quite exactly true, because there are a lot of legitimate use cases for something like tornado. I was reading about vitalic back to him, he actually came out and said that he had used tornado cash before to make donations to ukraine. And i'm laughing because she brought up the idea of buying if teas you might not want people to see. You know, do each o their own really? Yes. But and of teas, oh, my lady, there're some founders out there who don't want people knowing that they own those that they wanted to partake in. It. So specifically, like ransom ware hack, stolen funds, that's

Welcome back. This week, Jacquelyn and Anita ran the show while Lucas was off on vacation. We got up to speed on the U.S. government’s crackdown on cryptocurrency mixer Tornado Cash because of its role in facilitating money laundering. While it’s true that hackers have long used Tornado to fuel illicit activity, we tried to answer some bigger questions: what is a mixer in the first place, and what exactly would someone use one for if not crime?

This week’s episode comes just after Coinbase announced its long-awaited, ultimately disappointing second-quarter results, so we ran through the numbers and what they mean for the industry. We also talked about Binance and Indian exchange WazirX, which might never, ever, ever be getting back together.

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Helpful links:
https://techcrunch.com/2022/08/08/ethereum-co-founder-sees-role-diminishing-as-blockchain-becomes-increasingly-decentralized/
https://techcrunch.com/2022/08/08/treasury-tornado-cash-laundering-stolen-crypto/
https://techcrunch.com/2022/08/09/coinbases-earnings-fall-short-of-expectations-as-crypto-winter-rages/
https://techcrunch.com/2022/08/06/binance-says-it-doesnt-own-indian-exchange-wazirx-years-after-acquisition-announcement/
https://techcrunch.com/2022/08/08/binance-tells-estranged-partner-wazirx-customers-to-move-funds-to-discontinue-off-chain-transfer/

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