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Tag Archives: News

Tornado Cash Faces Legal and Regulatory Heat as Its Founder Seeks Funding

Tornado Cash founders face serious legal challenges and regulatory scrutiny. OKX has issued strict instructions to users regarding interacting with Tornado Cash due to regulatory risks. Tornado Cash, a decentralized cryptocurrency mixer known for maintaining asset tracks, is facing increased regulatory scrutiny. U.S. Treasury penalties and legal actions against its inventors have brought attention to the technology, which is frequently used to conceal illegal operations. As the legal battle...

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Warning: Malicious Python Package Masquerading as Solana Library Steals Private Keys

Cybersecurity researchers have uncovered a malicious package on the Python Package Index (PyPI) that was disguised as a legitimate Solana blockchain library. Instead of performing its claimed function, the package was designed to steal private keys from users’ cryptocurrency wallets. The actual Solana Python API project on GitHub is called “solana-py”, but it is named “solana” on PyPI. A threat actor took advantage of this small difference and uploaded a malicious package called ‘solana-py’...

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Ripple Begins Testing Its RLUSD Stablecoin

Ripple began testing its new stablecoin on Thursday, the Ripple USD (RLUSD), on the XRP Ledger and Ethereum mainnets. RLUSD is presently in its beta stage, accessible only to Ripple’s enterprise customers. That means the token is not for public use and is not yet trading on exchanges or usable on DeFi protocols. In a blog last Thursday, Ripple announced, “Ripple USD is currently in its beta phase and is being rigorously tested by our enterprise partners. This phase is crucial for ensuring...

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