Odaily Planet Daily broke the news 🔥: Although Tornado Cash was sanctioned by the U.S. Treasury Department in August 2022, it is still the largest cryptocurrency mixer on Ethereum! In the past 30 days, US$77.35 million in assets were transferred on the Ethereum mainnet through Tornado Cash. 🌪️
Tornado Cash spans 7 blockchains and supports mixing of 10 cryptocurrencies, among which the native ETH mixing volume on the Ethereum mainnet is the largest. In July 2021, the ETH in the Tornado Cash mixing pool contract exceeded US$700 million! 💰
However, after being sanctioned by the U.S. Treasury Department, Tornado Cash’s assets fell by more than 60%, and its transfer volume also decreased significantly. Currently, Tornado’s total value locked (TVL) is approximately $187.9 million. 😔
What do you think of Tornado Cash’s performance after the sanctions? Welcome to chat in the comment area! 💬
Tornado Cash spans 7 blockchains and supports mixing of 10 cryptocurrencies, among which the native ETH mixing volume on the Ethereum mainnet is the largest. In July 2021, the ETH in the Tornado Cash mixing pool contract exceeded US$700 million! 💰
However, after being sanctioned by the U.S. Treasury Department, Tornado Cash’s assets fell by more than 60%, and its transfer volume also decreased significantly. Currently, Tornado’s total value locked (TVL) is approximately $187.9 million. 😔
What do you think of Tornado Cash’s performance after the sanctions? Welcome to chat in the comment area! 💬