（来源：吴说） 吴说获悉，据 SpecterAnalyst 监测，一名受害者因地址污染（address poisoning）攻击损失约 5,000 万美 元资产。相关资金被兑换为 ETH 后转入多个钱包地址，部分资金已开始流入 Tornado Cash 账户。 ...

Guide: Tornado Cash 101 (Crypto Mixers)Tornado Cash is a decentralized crypto mixer on Ethereum that breaks the on-chain link between senders and receivers, making it harder for its users to be tracked.Our research team wrote a guide explaining how Tornado Cash works, why it was sanctioned, why those sanctions were later lifted, and how its activity can be analyzed on-chain. ...

🚨 ALERT: A whale lost ~$27.3M after a multisig private key compromise, with funds laundered via Tornado Cash. https://t.co/z7tJq3Et9o ...

Core Insights - The financial system historically promised privacy, but blockchain technology has disrupted this principle, leading to a transparency-first model in crypto that exposes all transactions and balances [1][2] Group 1: Historical Context of Privacy in Finance - Early financial systems, including cash and banks, emphasized privacy, but the advent of blockchain technology has compromised this [1] - The 1990s saw attempts at digital privacy with systems like DigiCash, which ultimately failed due to a lack of consumer understanding of privacy's importance [4] - Bitcoin prioritized decentralization over privacy, leading to the development of privacy tools like mixers, which were often associated with illicit activities [5] Group 2: Evolution of Privacy Solutions - Monero, launched in 2014, made privacy the default but faced regulatory challenges and delisting from exchanges due to its strong anonymity features [6] - Tornado Cash, a smart contract mixer, initially succeeded but was sanctioned by the U.S. Treasury after being used for illicit activities, highlighting the risks of absolute anonymity [7] - The next generation of privacy solutions aims to balance user privacy with regulatory compliance, allowing selective disclosure of transaction details [8][10] Group 3: The Role of Stablecoins - Stablecoins have gained traction due to their speed and cost-effectiveness compared to traditional banking, but they often require users to sacrifice privacy for usability [13][14] - Recent innovations like Ethena's USDe and Neutrl aim to enhance the utility of stablecoins but do not fully address the privacy concerns that hinder broader adoption [15] - The neodollar, USX, is designed to provide a stable, private, and user-friendly experience, addressing the privacy gap in stablecoin usage [16] Group 4: Future of Privacy in Crypto - Privacy is increasingly recognized as a fundamental requirement for the survival and growth of the crypto industry, moving beyond a niche demand [17] - Significant financial assets, including global remittances and retirement funds, present a crucial opportunity for integrating privacy into crypto solutions [18][19] - The future of a more efficient global financial system hinges on delivering the confidentiality that traditional payment systems consider essential [20]

Core Insights - Roman Storm, co-founder of Tornado Cash, was convicted for operating an unlicensed money-transmitting business, marking a significant moment in the fight against crypto money laundering [1] - Regulators have historically viewed mixers like Tornado Cash as major money laundering threats, but data suggests that centralized exchanges are the primary facilitators of crypto money laundering [2][3] Centralized Exchanges as Laundering Hubs - Centralized exchanges are identified as the main platforms for laundering illicit crypto funds, with a 2025 Chainalysis report indicating that most illicit funds were routed through these exchanges in 2024 [5] - Criminals prefer centralized exchanges due to their liquidity, speed, and global reach, which allow for the conversion of dirty crypto into cash [6] - Compliance programs at centralized exchanges are often under-resourced and poorly enforced, leading to illicit transactions being overlooked [6] Enforcement and Compliance Issues - High-profile cases, such as the U.S. Justice Department's settlement with Binance, have highlighted systemic issues within centralized exchanges, including their involvement in transactions related to ransomware and darknet markets [7] - Binance has increased its compliance spending to $213 million in 2023 following these revelations [7] - BitMEX faced a $100 million fine for violations of the Bank Secrecy Act, with its founders later receiving pardons [7]

Tornado Cash users can now maintain anonymity without 'helping the hackers' by using new 0xbow blacklist https://t.co/3H6B5i3rZz ...

Ethereum Foundation and Keyring launch legal defense fund for Tornado Cash developers https://t.co/vcdsIpXwKZ ...

RT CryptoGoos (@crypto_goos)🚨BREAKING:Ethereum Foundation is launching a new initiative to fund privacy-focused developers, with initial proceeds used to cover the legal defense of Tornado Cash developers. https://t.co/ElCamdZIaS ...

Cryptocurrency Market Trends - Avalanche Treasury Co 宣布与 Mountain Lake Acquisition Corp 进行 6亿7千5百万美元的业务合并，目标是在其国库中积累超过 10 亿美元的 $AVAX [1] - SUI Group 与 Ethena 和 Sui Foundation 合作，推出首个 $SUI 原生稳定币 suiUSDe 和 USDi [1] - 比特币已收复 11万6千美元的交易者实现价格，重新进入牛市阶段，第四季度目标价为 16万-20万美元 [3] - Metaplanet 收购了 5,268 个 $BTC，总持有量达到 30,823 个 BTC [4] Regulatory and Security Concerns - ZachXBT 报告称，从 SBI Crypto 关联钱包中提取了 2千1百万美元，并通过 Tornado Cash 进行转移 [4] - 阿布扎比禁止在农田上进行加密货币挖矿，对违规者处以 10万迪拉姆罚款并切断服务 [4] Economic Indicators - FedWatch 显示，在 2025 年 10 月 29 日的会议上，降息至 375-400 个基点的可能性为 99% [1] - 美国 ADP 就业人数在 9 月份下降 3万2千人，低于预期的增加 5万人，也低于前值的增加 5万4千人 [4] Partnerships and Integrations - Aptos 与特朗普家族的 WLFI 合作，整合 USD1 稳定币 [4] High Net Worth Individuals - Elon Musk 已成为历史上第一个身价 5千亿美元的人，距离万亿富翁地位还有一半 [2]

Core Insights - SBI Crypto, a subsidiary of SBI Group, suffered a $21 million hack attributed to suspected North Korean hackers, adding to a series of cyberattacks linked to North Korea's state-backed cyber units [1][5][6] Group 1: Incident Details - The breach was first identified by blockchain analyst ZachXBT, who noted suspicious outflows from SBI Crypto wallet addresses on September 24, 2025 [2] - Approximately $21 million worth of various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash, was drained from company-linked addresses [2][3] - The stolen funds were funneled through five instant exchanges before being deposited into Tornado Cash, a crypto mixer associated with laundering operations [3][4] Group 2: Context and Implications - The tactics used in the SBI Crypto theft resemble previous intrusions by North Korea's Lazarus Group, indicating a pattern in their cyber operations [3] - Despite the significant theft, SBI has not publicly disclosed the incident, raising concerns about transparency in the industry [4] - The use of Tornado Cash in the laundering process has attracted renewed scrutiny, especially after the U.S. Treasury sanctioned the mixer in 2022 for processing illicit funds [4][5] Group 3: Broader Trends - North Korean hackers have stolen over $1.3 billion across 47 incidents in 2024, with an estimated $2.2 billion stolen in the first half of 2025, highlighting the increasing sophistication and frequency of these cyberattacks [5][6] - Investigations reveal that North Korean cyber campaigns extend beyond hacking to include fraudulent employment schemes, indicating a broader strategy in their operations [7]