Crypto Mixer Tornado Cash Sanctioned by US Treasury

Crypto Mixer Tornado Cash Sanctioned by US Treasury

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

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The video discusses the role of crypto mixers, highlighting their use in criminal activities due to anonymity features. Tornado Cash is identified as a popular mixer for cybercriminals, especially North Korean hackers. Despite a decline in cybercrime, significant hacks continue, particularly targeting blockchain bridges. The video also covers compliance with sanctions using smart contracts and the vulnerabilities of blockchain bridges due to rapid growth and inadequate security measures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How can developers ensure compliance with sanctions when creating smart contracts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What vulnerabilities are associated with cross-blockchain bridges?

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