Around 51% of newly found blocks on the Ethereum blockchain are now following the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) compliance recommendations, which means they are actively censoring transactions associated with mixing service Tornado Cash.
With $718 million being stolen from decentralized finance (DeFi) protocols this month alone, blockchain analytics firm Chainalysis noted that at this rate “2022 will likely surpass 2021 as the biggest year for hacking on record.”
Avraham Eisenberg, who claims to be apart of the group that drained $114 million from Solana-based decentralized exchange Mango Markets, has returned $67 million to the DeFi platform after defending his actions as both legal and highly lucrative.
Top stories in the Crypto Roundup today:
- 51% of Ethereum Blocks Are Complying With US Sanctions
- 2022 on Track to Be Crypto’s ‘Biggest Year for Hacking on Record’
- Mango Markets Exploiter Returns Most Stolen Funds
- Historical Monthly Top-Ter Spot Volumes