For a long time, China has maintained a strict prohibition policy towards Crypto Assets, especially in 2021 when it completely banned Crypto Assets trading and Mining, leaving a deep impression on the global crypto community. However, recent unexpected news has emerged: China's IT giants are actively positioning themselves in the stablecoin market and plan to launch a stablecoin based on the Renminbi. At the same time, the United States is also accelerating its stablecoin legislation. This raises curiosity about whether the US and China will face a new competition in the global stablecoin market. Moreover, does China's iron-fisted policy towards Crypto Assets quietly open a window for the development of the Renminbi stablecoin?

Gate News bot news, the Ethereum Foundation recently announced a donation of $500,000 towards the legal defense of Roman Storm, one of the developers of Tornado Cash, and pledged an additional $750,000 in community donations. Storm's team stated that this amount is sufficient to cover his remaining legal fees. The Foundation expressed on X: "Privacy is reasonable, writing code is not a crime." Storm will face trial next month for alleged conspiracy to commit Money Laundering and violating U.S. sanctions.

Odaily News: US prosecutors have moved to prevent expert witness Roman Storm, founder of Tornado Cash, from testifying, claiming it would waste the jury's time and confuse jurors about privacy, tokenomics, and KYC. The case has evolved, with the Department of Justice dropping the unlicensed money transmission charges but retaining the money laundering charges, and ceasing to refer to Tornado Cash as a financial institution. Storm warned: if I lose, DeFi will go down with me. The Ethereum Foundation has provided $500,000 for Storm's defense and will match $750,000 in community donations, emphasizing that privacy is normal and writing code is not a crime. The case will be heard in less than 30.

The U.S. prosecutor opposes the appearance of expert witness Roman Storm, the founder of Tornado Cash, claiming it would confuse the jurors' understanding. The prosecutor has dropped the "unlicensed money transfer" charge but retains the money laundering charge, with the trial set to begin on July 14.

According to Golden Finance reports, on-chain analyst Onchain Lens (@OnchainLens) monitored that a trader exchanged 2.6 million DAI for 1,019 Ether, at a unit price of 2,549 dollars. Subsequently, the trader transferred 1,000 Ether through the Tornado Cash mixer. The trader still holds 2.52 million DAI in another wallet.

According to the Gate.io News bot, KiloEx Perptual Futures platform has suffered a cross-chain attack event, as reported by Cyvers. The attacker initiated transactions on contracts on the BNB, Base, and Taiko chains through addresses associated with Tornado Cash. The attacker has obtained approximately $7 million in funds from this incident. Technical Analysis shows that this attack is related to the access control of price Oracle Machine. According to Wu Shuo's report, the attack is still ongoing.

BlockBeats news, on February 24th, according to the monitoring of PiShi, funds from the Stable CoinDigital Bank Infini were transferred to a Wallet provided by Tornado Cash, and the received funds have been exchanged for DAI. 'It looks like Private Key 0xc49b...e3e1 has been leaked.'

Vitalik Buterin mentioned on the X platform that the trial of Tornado Cash founder Roman Storm is imminent and emphasized the importance of privacy tools. With frequent hacker attacks on centralized databases, there is a need to strengthen the integration of privacy and security, hoping that the United States can take the lead in creating a safer and freer environment.

Roman Storm, the co-founder of Tornado Cash, revealed in an interview that his U.S. criminal trial will begin on July 14 in New York. He will respond to charges of illegal profits but did not specify whether he would defend against charges such as Money Laundering.

Yuxian, the founder of Slow Mist, revealed that the decentralized stablecoin protocol Resupply has been attacked. The attacker exploited an interest rate inflation vulnerability to steal assets, borrowing a large amount of reUSD with only 1 wei of collateral. Currently, hacker funds valued at over $9.5 million have been converted to ETH.

Gate News bot news, according to PI monitoring, the Silo Finance Exploiter 2 - marked Address transferred 225.1 ETH (worth approximately $548,000) to Tornado Cash.

Golden Finance reports that Tornado Cash co-founder Roman Storm is raising defense funds for the trial set to begin on July 14 in New York, with a target amount of $2 million. The Ethereum Foundation has announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive up to $750,000 in additional donations from the community."

PANews reported on April 18 that according to Lookonchain monitoring, two wallets that had been silent for 949 days have just been reactivated - about 7 hours ago, they spent 12.37 million DAI to buy 7,738 ETH at an average price of $1,599 each. One of the wallets has already deposited part of the ETH into Tornado Cash.

On April 11, news from PeckShieldAlert monitoring reported that a phishing Address has transferred 750 Ether (approximately 1.17 million USD) into Tornado Cash.

Odaily News The market shows that TORN briefly broke through 14 USD, currently reported at 14.05 USD, with a 24-hour rise of 63.4%, and market capitalization rising to about 51.69 million USD.

Odaily News Tornado Cash related addresses have been removed from the blacklist.

Odaily News  may be affected by the removal of Tornado Cash from the OFAC sanctions list, with the market showing that TORN briefly broke through 14 dollars, currently reported at 14.05 dollars, with a 24-hour rise of 63.4%, and market capitalization rising to approximately 51.69 million dollars.

Odaily News Tornado Cash related addresses have been removed from the blacklist.

The U.S. Department of Justice has charged North Korean agents with impersonating American citizens to remotely steal Crypto Assets and sensitive information, involving over $900,000 in theft and Money Laundering through Tornado Cash. A lawsuit has been filed, one person has been arrested, and 29 accounts have been seized to combat North Korean fraud.

Gate News bot message, venture capital firm Paradigm has submitted an amicus brief supporting Tornado Cash co-founder Roman Storm, arguing that the jury needs to fully understand the legal definition of operating a remittance business.

Paradigm submitted an opinion letter to the New York court in support of Tornado Cash co-founder Roman Storm, emphasizing that he, as a developer, did not control user funds, opposing the prosecutor's charges, and warning that a conviction could have a negative impact on encryption and Open Source software development.

According to Gate News bot, an on-chain investigation by ZachXBT revealed that a hacking incident occurred on May 24, where the victim was infiltrated by North Korean (DPRK) hackers through malware, resulting in a total loss of over $5.2 million. The attackers extracted funds from the victim's multiple multi-signature accounts, ordinary wallets (EOA), and exchange accounts, and conducted market dumping. The latest update shows that 1000 ETH has been transferred to Tornado Cash for mixing operations. Source: Wu Shuo

Leaders in the encryption industry jointly call on the White House to stop prosecuting open source software developers, believing that developers cannot control third-party use of their code and should not bear criminal responsibility. More than 70 industry professionals support this initiative, including representatives from companies such as Paradigm, The Block, and Multicoin Capital.

According to a report by Jinse Finance, the hacker of the MIM Spell protocol has transferred 1200 Ether to the mixing protocol Tornado Cash, as monitored by CertiK.

Golden Finance reported that the hacker attacking the Cork Protocol has transferred $11 million worth of stolen ETH (4,520 coins) to the encryption mixer Tornado Cash, and subsequently donated 10 ETH, worth approximately $24,000, to the legal fund of Tornado Cash co-founder Roman Storm. In response, Roman Storm posted on the X platform stating that he would never accept donations from hackers and would return the 10 ETH to Cork Protocol. It is reported that Cork Protocol co-founder Phil Fogel has expressed gratitude and donated 1 ETH to Roman Storm's legal fund.

ChainCatcher news, according to PeckShield monitoring, the Abracadabra attacker transferred 3000 ETH to Tornado Cash, worth approximately 7.6 million US dollars.

According to Gate News bot, the attacker marked address on abracadabra[.]money has transferred 3000 ETH (worth about 7.5 million USD) to Tornado Cash. Abracadabra was hacked in early March this year, losing 13 million USD.

According to a report by Jinse Finance and CertiK Alert, the MIMSpell attacker has just transferred 3001 ETH (approximately 7.57 million USD) from 0x51baB to Tornado Cash.

According to Gate.io News bot, Decrypt reported that the U.S. Department of Justice's legal proceedings against Tornado Cash co-founder Roman Storm are still ongoing. The Department of Justice maintains charges against Storm for conspiracy to commit Money Laundering, evading sanctions, and transmitting criminal proceeds, but has dropped some charges related to unlicensed fund transfers. In the previous lawsuit, Storm defended its development of Tornado Cash on the grounds of the First Amendment, but the court ruled that using code to implement Money Laundering is not protected by freedom of speech.

According to Gate.io News bot, the blockchain security company PeckShield has monitored that Zunami Protocol officially announced that the platform has suffered a hacker attack. The attackers stole collateral of zunUSD and zunETH, with a total loss amounting to 500,000 USD. The stolen funds have been transferred to the mixing platform Tornado Cash. The Zunami team is investigating this incident. Source: Wu Says

Golden Finance reports that Zunami Protocol has been attacked by a Hacker, and the Collateral of zunUSD and zunETH has been stolen, resulting in a loss of approximately USD 500,000. The attacker has transferred the stolen funds to Tornado Cash.

According to the Gate.io News bot, monitored by PeckShieldAlert, the address marked as the Truflation attacker has exchanged approximately 4.5 WBTC for 230 ETH and transferred it to Tornado Cash. The blockchain-based inflation data platform Truflation suffered a malware attack last year, resulting in losses of approximately $5.2 million. Source: Wu Shuo

BlockBeats news, on April 24, according to PI Shield monitoring, the Truflation attacker Address has exchanged about 4.5 WBTC for 230 ETH and transferred it to Tornado Cash. The Truflation data platform suffered a malware attack last year, resulting in a loss of approximately 5.2 million USD.

Gate news bot message, the Big Four accounting firm Ernst & Young (EY) released the latest version of its enterprise-grade blockchain Nightfall, "Nightfall_4", on April 2. This upgrade officially adopts the zk-SNARKs architecture, optimizing transaction confirmation speed and simplifying network architecture. EY pointed out that after the U.S. lifted sanctions on Tornado Cash, the acceptance of privacy technologies among businesses has increased. Nightfall adopts a permissioned design, requiring user identity verification to prevent anonymous abuse. Source: Cointelegraph

Tornado Cash co-founder Roman Storm is facing prosecution for writing private encryption transaction Open Source code, stating that this could criminalize software development itself and impact innovation in various industries. His trial is scheduled for April 14, 2025. Ethereum founder Vitalik Buterin posted on X platform, stating that Tornado Cash team members will be the next outliers.

PANews June 25 news, according to PeckShieldAlert monitoring, the address of the attacker of Cork Protocol has transferred a total of 4520 ETH (approximately 11 million USD) to the privacy protocol Tornado Cash. In addition, the address also donated 10 ETH to the "Free Alexey & Roman" project on the Juicebox platform (Tornado Cash developers' legal fund).

Gate News bot message, according to PI Shield monitoring, Cork Protocol Exploiter 2 - Marked Address has transferred a total of 4,520 ETH (worth about 11 million US dollars) to Tornado Cash, and donated 10 ETH to Juicebox: Free Alexey & Roman (defense fund for Tornado Cash players).

Gate News bot message, according to PI Shield monitoring, Cork Protocol Exploiter 2 - marked Address has transferred 1,410 ETH (worth about 3.4 million US dollars) to Tornado Cash.

According to Cyvers Alerts, the 1ROR/WETH pool on the Ethereum network has been attacked, according to Cyvers Alerts. The attacker exploited a vulnerability in emergencyWithdraw and caused approximately $780,000 in damages. The Cyvers system had detected a malicious contract the day before the attack. After completing the attack, the attackers quickly converted the funds into Ether and transferred them through multiple wallets, some of which had already flowed to the coin mixer, Tornado Cash.

According to @OnchainLens monitoring, 5 wallet addresses suspected to be controlled by the same entity spent a total of about $4.28 million to buy 611.05 billion PEPE tokens using USDT and WETH. These addresses, which received funds from Tornado Cash, a coin mixing protocol, 15 days ago, are suspected to be related to potentially anomalous funding behavior, and the related transactions have raised community concerns. Odaily reminds users that Meme coins fluctuate wildly, and pay attention to the flow of funds and on-chain risks.

Three Wallet purchased 68.979 billion PEPE 11 hours ago, with a total value of approximately $4.3 million. The funds in these three Wallets all come from Tornado Cash. The specific purchase information is as follows: 0x7A7D spent 1,413.4 ETH (approximately $2.72 million) to purchase 43.77 billion PEPE, 0x9212 spent $1 million to purchase 15.858 billion PEPE, and 0x7779 spent 299 ETH (approximately $57.4 thousand) to purchase 9.351 billion PEPE.

Lookonchain detected 3 Wallets purchasing a total of approximately $4.3 million worth of 689.79B PEPE Tokens through Tornado Cash. Among them, Address0x7A7D purchased 437.7B PEPE with 1,413.4 ETH, Address0x9212 purchased 158.58B PEPE with $1 million, and Address0x7779 purchased 93.51B PEPE with 299 ETH.

Odaily Planet Daily News According to Onchain Lens monitoring, a Whale spent 1413.4 WETH (approximately $2.71 million) to purchase 43.77 billion PEPE. The Wallet received ETH from multiple Addresses, with some funds coming from Tornado Cash. This large transaction has caused market attention on the future trend of PEPE.

Investment company Paradigm will provide $1.25 million in sponsorship for the legal defense of Roman Storm, co-founder of the Cryptocurrency mixer Tornado Cash, who is accused of Money Laundering along with Roman Semenov.

Odaily News The Ethereum Foundation announced it will provide up to $1.25 million in funding to support the legal defense of Tornado Cash co-founder Roman Storm, which includes $500,000 in direct assistance and up to $750,000 in community matching donations. Roman Storm will be tried in U.S. federal court on July 14, facing charges of operating a remittance business without a license, money laundering, and violating sanctions. The foundation emphasized, "Privacy is normal, writing code is not a crime," and this move is seen as a key stance in support of Open Source and Web3 privacy freedom. Previously, Vitalik Buterin had donated 50 ETH to support Storm's defense.

PANews, June 14 - According to The Block, Tornado Cash co-founder Roman Storm is raising defense funds for the trial that will begin on July 14 in New York. The Ethereum Foundation announced a donation of $500,000 and pledged to match community donations up to a maximum of $750,000. The foundation stated, "Privacy is normal, and writing code is not a crime."

PANews reported on March 1st that the 'on-chain detective' ZachXBT revealed in his personal channel that an unknown victim was attacked on Tron by the North Korean Hacker Lazarus Group on February 28, with a loss of about $3.1 million. The funds have been transferred from Tron to the Ethereum blockchain, and the ETH was split into ten addresses before being deposited into Tornado Cash.

PANews April 20 news, according to Cyvers Alerts monitoring, on April 18, 2025, at 21:10 (UTC), the NUMA project had suspicious transactions on the ARB chain, where a malicious address stole 82,279 $NUMA and 283 $rETH, and then exchanged them for ETH and performed a cross-chain transfer to Tornado.

The article reports on an incident involving North Korean hackers using Tornado Cash asset theft. The investigation revealed that the hackers purchased $3.1 million worth of 437.6 billion PEPE after completing the mixing operation, with the funds coming from the problematic Tornado Cash user interface. Previously, monitoring revealed that three wallets had made large purchases of PEPE from Tornado Cash with a total value of about $4.3 million.

ChainCatcher message, on-chain detective ZachXBT revealed in his personal channel that a major Hacker attack incident occurred on the SUI network on December 12, 2024, with approximately 6.27 million SUI (valued at around 29 million US dollars) stolen. The attacker then cross-chains the stolen funds to the Ethereum network through Bridgers, and deposits them in batches into Tornado Cash for mixing. Due to Sui