Federal Court Rules Tornado Cash Smart Contracts Are Not Sanctionable Property

November 28, 2024 at 06:48 PM GST updated: November 28, 2024 at 09:33 AM 2 mins read News A federal court rules that Tornado Cash’s smart contracts can’t be sanctioned, highlighting the limits of current laws on blockchain tech. The court emphasizes that Tornado Cash’s immutable smart contracts aren’t property or services, challenging OFAC’s authority….

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Radiant Capital Loses $52M in Sophisticated DeFi Hack, FBI Joins Recovery Efforts

October 25, 2024 at 09:48 PM GST updated: October 25, 2024 at 02:35 PM 2 mins read News Radiant Capital’s latest exploit saw $52M in stolen Ethereum, highlighting vulnerabilities in cross-chain DeFi platforms. Attackers used malware to compromise Radiant’s core developers, gaining control over the multi-signature wallet and funds. Radiant’s TVL dropped 66% after the…

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Sonic Blockchain Sets New Speed Record with 720 Millisecond Transaction Finality

September 10, 2024 at 02:30 AM GST updated: September 10, 2024 at 01:28 AM 2 mins read News Sonic blockchain achieves record transaction finality in just 720 milliseconds, redefining speed in blockchain technology. Sonic offers developers up to 90% of gas fees, boosting economic incentives and fostering innovative app development. With native account abstraction, Sonic…

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