Anyways another crypto project that’s been making the headlines lately is Chain Link which recently partnered with Swift. For context Swift is a messaging system used by over 11 000 banks around the world, this means that Swift is basically the backbone of the existing Financial system. Chain Link’s partnership with Swift will see the…
The U.S. Department of the Treasury’s Office of Foreign Assets Control, or OFAC, sanctioned Tornado Cash in August 2022 after it reportedly processed over $500 million from several online hacks and heists. Mixing services like Tornado Cash blend cryptocurrency funds together to make their sources harder to trace — facilitating money laundering activities associated with…