TornadoCash
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#TornadoCash $TORN skyrocketed 1,000% today 🚀🔥
#TORN was trading at $3.5, and suddenly it hit $39 🔥
What's the reason behind this gigantic pump?
➡️ The US court rules sanctions placed against the Tornado Cash crypto mixer were unlawful.
Huge victory for Tornado Cash 👏
#TORN was trading at $3.5, and suddenly it hit $39 🔥
What's the reason behind this gigantic pump?
➡️ The US court rules sanctions placed against the Tornado Cash crypto mixer were unlawful.
Huge victory for Tornado Cash 👏
Crypto Market Insights: 🔮
1. Market Environment: #FederalReserve 's minutes suggest that if progress on inflation slows, they will be more cautious about interest rate cuts. $BTC briefly fell below $91,000, with some longterm holders taking profits, leading to a two-day decline in #BTC☀
2. 24-hour Long/Short Ratio: 48.8% / 51.2% ⚖️
3. Yesterday's Fear and Greed Index: 75 (down from 82, 24 hours ago), classified as #greed
Industry Highlights 🔍
4. #CryptoQuant : Long-term Bitcoin holders sold 728,000 BTC in the past 30 days 📉.
5. @Ripple Network : Donated $25 million to Fairshake PAC again before the U.S. midterm elections 🎉.
Project Highlights 🚀
6. Popular Tokens: $CHILLGUY, $GRASS, $FTM , $INJ 🌟.
7. $TORN (+589%): A U.S. court ruled that sanctions against #TornadoCash smart contracts were unlawful ⚖️.
2. 24-hour Long/Short Ratio: 48.8% / 51.2% ⚖️
3. Yesterday's Fear and Greed Index: 75 (down from 82, 24 hours ago), classified as #greed
Industry Highlights 🔍
4. #CryptoQuant : Long-term Bitcoin holders sold 728,000 BTC in the past 30 days 📉.
5. @Ripple Network : Donated $25 million to Fairshake PAC again before the U.S. midterm elections 🎉.
Project Highlights 🚀
6. Popular Tokens: $CHILLGUY, $GRASS, $FTM , $INJ 🌟.
7. $TORN (+589%): A U.S. court ruled that sanctions against #TornadoCash smart contracts were unlawful ⚖️.
🌪 More good news for crypto and privacy advocates. The US Court of Appeals has ruled that the #OFAC (Office Of Foreign Assets Control) overstepped its authority by imposing sanctions on the crypto mixer #TornadoCash .
Back in 2022, the #USTreasury sanctioned Tornado Cash, alleging that it had been used to launder more than $7 billion worth of crypto. The new court decision now allows anyone with an internet connection to access the service.
Of course, we don't want criminals using crypto protocols, but completely blocking open-source technology isn't the solution.
Back in 2022, the #USTreasury sanctioned Tornado Cash, alleging that it had been used to launder more than $7 billion worth of crypto. The new court decision now allows anyone with an internet connection to access the service.
Of course, we don't want criminals using crypto protocols, but completely blocking open-source technology isn't the solution.