Is Tornado Cash only the beginning? There are mounting concerns that recent United States government sanctions will become a “slippery slope” for Web3 privacy that could eventually make the entire space “meaningless.”
Chu expressed worry that other privacy protocols like his could wind up in the same crosshairs, which would add more censorship to the point it would “essentially make the entire Web3 space meaningless.”
“It’s quite possible regulators just don’t understand distributed blockchain technology and how open source code can be anywhere. [They] may have actually thought Tornado Cash developers deliberately helped North Korean hackers.”they suspect is involved in money laundering. “They are banning the protocol instead of some people. Essentially this is a piece of code from the Ethereum blockchain.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Heartless’ Madison LeCroy says she ‘can’t trust’ her ‘Southern Charm’ co-stars“Looking forward to the reunion,” the “Southern Charm” star said, after calling herself “heartless” via her Instagram Story on Sunday.
Read more »
‘Better Call Saul’ Co-Creator Explains Why the Series Finale Was So Different From ‘Breaking Bad’Peter Gould, writer and director of 'Saul Gone,' the final episode of AMC's 'Better Call Saul,' breaks down the series' ending and explains whether or not he and Vince Gilligan are done with the 'Breaking Bad' universe.
Read more »
Watch Jim Cramer's full interview with On co-CEOs Martin Hoffmann and Marc MauerThe 'Mad Money' host interviewed On co-CEOs Martin Hoffmann and Marc Mauer on Monday's episode of the show.
Read more »
Celebrity Exes Who Are Getting Divorce & Co-Parenting RightHoda Kotb gets real about her past relationship and how she still co-parents amicably with Joel Schiffman.
Read more »