/crypto
sordum
·
2 years ago
Largest Ether mining pool Ethermine stops processing Tornado Cash transactions
Crypto media site Crypto Slate said the last transaction from Tornado Cash that Ethermine processed was on Aug. 9.
Ethermine has so far not publicly announced that it has banned Tornado Cash, nor has it responded to Forkast’s request for comment.
Tornado Cash is a protocol on Ethereum that allows users to hide the origin and destination of funds by mixing coins of multiple users before sending them to their destination address.
Several decentralized applications on the Ethereum blockchain have started banning users who receive transactions from Tornado Cash after the U.S. Treasury Department announced sanctions against the protocol, including crypto trading platforms of Circle, dYdX, Aave, Uniswap, and Balancer.
The sanction over Tornado Cash has been controversial; opponents say the protocol protects transaction privacy, while the supporters argue it’s a money-laundering tool for crimes.
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