TRM Labs: Tornado Cash Sanctions Create New Problems for Crypto Firms Trying to Comply with US Regulations.

Jinse Finance reported that TRM Labs, a blockchain intelligence agency that cooperates with Uniswap and Aave and provides compliance support, released research on Tornado Cash regulation The report, the report pointed out that the supervision of Tornado Cash by the Office of Foreign Assets Control (OFAC) is different from the past. Unlike the past, which only monitors a specific address, Tornado Cash is a smart contract, and anyone can use Token for any purpose. Sending to unsuspecting address owners, what to do with tainted addresses will be a regulatory conundrum.

As previously reported, on August 10, according to on-chain data, an anonymous user sent 0.1 ETH to a series of encrypted wallets. The owners of the receiving addresses included EthHub co-founder Anthony Sassano, encrypted trader Loomdart, and Coinbase CEO Brian Armstrong. Talk show host Jimmy Fallon, YouTuber Logan Paul and Mark Zuckerberg's sister Randy Zuckerberg, among others.

Other news:

Firefly, the perpetual contract platform on Moonbeam, launched the early trader program Firefly Trader Alliance: On April 13th, Firefly, the perpetual contract platform on Moonbeam, launched the early trader program Firefly Trader Alliance, which has participated in centralized exchanges and decentralized trading platforms Users of contract transactions can sign up to participate. Firefly will provide tokens as well as NFT rewards to participants. [2022/4/13 14:20:35]

Phala Network launched the decentralized protocol Fat Contract: According to official news, the Web3 cloud computing platform Phala Network announced the launch of a new smart contract product Fat Contract, which focuses on serving Web3.0 backend function-level services and is expected to launch the V0 version in December 2021 . This product has the characteristics of low latency, asynchronous interoperability, high-performance computing, and a complete developer ecosystem, and can realize data confidentiality without trust. Metaverse platform Bit.Country has reached an in-depth cooperation intention with Phala on the future usage scenarios of Fat Contract. [2021/10/29 6:19:58]

Microstrategy CEO: Bitcoin is an open, fair and just currency network: On January 14th, MicroStrategy CEO Michael Saylor tweeted today that Bitcoin is an open, fair and just currency network. Like every country, state, city, institution, company, club, church, political party, union, cooperative, association, school, institution, ideology, and culture, it continues to evolve as new members contribute their human and financial capital. Complete. [2021/1/14 16:08:05]