Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
XRP extends the longest active ETF inflow streak in crypto as rival funds struggle for fresh cash
XRP funds led altcoin inflows in July, extending a four-month streak that increasingly separates them from most rival products. Th...
Ethereum just outpaced Bitcoin with $365 million in ETF inflows, but on-chain data shows the real bottom isn’t in yet
Ethereum outpaced Bitcoin in July as stronger investment-product demand and corporate accumulation powered its first sustained rel...
3iQ Wins Bitcoin Treasury Mandate in Bhutan
Key Takeaways: With a new strategic mandate, 3iQ will handle part of Gelephu Mindfulness City’s Bitcoin treasury. The initiative a...
US Treasury sanctions Iran’s Bitcoin-backed shipping insurance scheme
The sanctions could strain Iran's maritime economy, disrupt global shipping routes, and escalate geopolitical tensions in the regi...
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees
Ethereum has turned 11, and the network’s birthday arrives with a very Ethereum-style contradiction: it is still one of the most i...
Ethereum (ETH) Price Prediction: $2,000 or $1,680 Next as ETH Reaches a Critical Turning Point
Ethereum price has fallen back below $1,900 after buyers failed to maintain the latest recovery, leaving ETH positioned between an...