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Tornado Cash mixers are recovering despite sanctionsIn the world of cryptocurrency, change always comes fast and furious. The latest data from Flipside Crypto shows that in the first half of 2024, Tornado Cash, a “crypto hybrid” protocol that once saw a sharp decline in activity due to U.S. sanctions, not only regained its vitality but also ushered in significant growth. Its deposits exceeded $1.9 billion, a 50% increase compared to the full year of 2023. Recall that two years ago, in August 2022, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) imposed severe sanctions on Tornado Cash. This move directly caused its monthly deposits and activity to plummet by more than 90%. However, Tornado Cash seems to have found its own path to revival in 2024 and successfully emerged from the shadow of sanctions.

Tornado Cash mixers are recovering despite sanctions

In the world of cryptocurrency, change always comes fast and furious. The latest data from Flipside Crypto shows that in the first half of 2024, Tornado Cash, a “crypto hybrid” protocol that once saw a sharp decline in activity due to U.S. sanctions, not only regained its vitality but also ushered in significant growth. Its deposits exceeded $1.9 billion, a 50% increase compared to the full year of 2023.
Recall that two years ago, in August 2022, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) imposed severe sanctions on Tornado Cash. This move directly caused its monthly deposits and activity to plummet by more than 90%. However, Tornado Cash seems to have found its own path to revival in 2024 and successfully emerged from the shadow of sanctions.
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Digital Euro CBDC: Privacy protection or surveillance tool?On June 25, the European Central Bank announced the latest situation of the two-year preparation phase of the digital euro CBDC. This phase is expected to last until October 2025. In the announcement, the central bank emphasized the importance of privacy and data protection, but at the same time, some currency characteristics raised concerns about possible privacy violations. Dual concerns about privacy and surveillance Daniel Batten, an entrepreneur and investor in the cryptocurrency space, criticized some of the features of the digital euro on June 26. Although the ECB claims to make privacy and data protection a top priority, Batten pointed out that some features of the digital euro could bring about the opposite results of the central bank's statements, raising public concerns about financial surveillance.

Digital Euro CBDC: Privacy protection or surveillance tool?

On June 25, the European Central Bank announced the latest situation of the two-year preparation phase of the digital euro CBDC. This phase is expected to last until October 2025. In the announcement, the central bank emphasized the importance of privacy and data protection, but at the same time, some currency characteristics raised concerns about possible privacy violations.
Dual concerns about privacy and surveillance
Daniel Batten, an entrepreneur and investor in the cryptocurrency space, criticized some of the features of the digital euro on June 26. Although the ECB claims to make privacy and data protection a top priority, Batten pointed out that some features of the digital euro could bring about the opposite results of the central bank's statements, raising public concerns about financial surveillance.
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😱Shocked! Did the Russian government question Telegram? But the founder was not arrested! Brother, there is a super explosive news today!🚀 Our favorite Telegram actually has such a past with the Russian government, come and eat melon~ 🔍 Event review: • Russian Kremlin spokesman Peskov broke the news • The Russian government once questioned Telegram • But! Founder Pavel Durov was not arrested 🗣️ Peskov's amazing reply: "Terrorists use Telegram, but they also use cars! So why not arrest the boss of Renault or Citroen?" I would like to call this statement a divine logic!👏 🤔 My little analysis: 1. Telegram is so popular that even the government has to pay attention to it 2. It seems that Durov is still a bit capable in Russia and was not arrested 3. Does the government's attitude mean that Telegram is actually quite safe? 💡 tips: • Don't be scared by this news, Telegram is still very safe • But we should pay attention to privacy protection no matter what software we use • It seems that Durov is a tough guy, worth paying attention to! The question is: Why do you think Telegram can stand out among so many instant messaging software? Welcome to share your views in the comment area!💬 #Telegram #Pavel #俄罗斯 #科技新闻 #隐私保护 $TON
😱Shocked! Did the Russian government question Telegram? But the founder was not arrested!

Brother, there is a super explosive news today!🚀 Our favorite Telegram actually has such a past with the Russian government, come and eat melon~

🔍 Event review:
• Russian Kremlin spokesman Peskov broke the news
• The Russian government once questioned Telegram
• But! Founder Pavel Durov was not arrested

🗣️ Peskov's amazing reply:
"Terrorists use Telegram, but they also use cars! So why not arrest the boss of Renault or Citroen?"
I would like to call this statement a divine logic!👏

🤔 My little analysis:
1. Telegram is so popular that even the government has to pay attention to it
2. It seems that Durov is still a bit capable in Russia and was not arrested
3. Does the government's attitude mean that Telegram is actually quite safe?

💡 tips:
• Don't be scared by this news, Telegram is still very safe
• But we should pay attention to privacy protection no matter what software we use
• It seems that Durov is a tough guy, worth paying attention to!

The question is: Why do you think Telegram can stand out among so many instant messaging software? Welcome to share your views in the comment area!💬

#Telegram #Pavel #俄罗斯
#科技新闻
#隐私保护
$TON
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