This article is about blockchain, business, and technology news.

US Democratic Representatives are requesting information from Treasury officials about Tornado Cash, a crypto-mixing service that was sanctioned in 2022 but is still operating. Tornado Cash continues to operate as decentralized smart contracts. It has seen a 45% increase in usage, accepting $1.8 billion in deposits in the first half of 2024. The lawmakers highlighted Tornado Cash’s relationship with criminal organizations and asked Treasury for information on the effectiveness of sanctions. Share your views in the comments.