PANews reported on October 14th that, according to The Block, 0xBow, the team behind the crypto privacy project Privacy Pools, is launching new tools to help Tornado Cash users isolate their funds from illicit activity. A 0xBow representative stated that Tornado Cash's proof of association is the first viable mechanism that balances privacy protection with compliance, representing both progress and a practical model for innocent Tornado users. The new protocol utilizes schemes such as zero-knowledge proofs. Users provide a note and withdrawal address, and the system generates a proof that compares it to the deposit list to exclude illicit actors. If the funds are deemed "clean," the address is added to a public registry without revealing personal data. The system has currently blacklisted over 16,000 related addresses. Privacy Pools, launched earlier this year, utilizes the concept of "association set providers" to help whitelisted users deanonymize their ERC-20 tokens without having to inject funds into common protocols like Tornado Cash, which are used by illicit actors.PANews reported on October 14th that, according to The Block, 0xBow, the team behind the crypto privacy project Privacy Pools, is launching new tools to help Tornado Cash users isolate their funds from illicit activity. A 0xBow representative stated that Tornado Cash's proof of association is the first viable mechanism that balances privacy protection with compliance, representing both progress and a practical model for innocent Tornado users. The new protocol utilizes schemes such as zero-knowledge proofs. Users provide a note and withdrawal address, and the system generates a proof that compares it to the deposit list to exclude illicit actors. If the funds are deemed "clean," the address is added to a public registry without revealing personal data. The system has currently blacklisted over 16,000 related addresses. Privacy Pools, launched earlier this year, utilizes the concept of "association set providers" to help whitelisted users deanonymize their ERC-20 tokens without having to inject funds into common protocols like Tornado Cash, which are used by illicit actors.
0xBow Launches New Tool to Help Tornado Cash Users Separate Funds from Illegal Activity
2025/10/14 08:52
PANews reported on October 14th that, according to The Block, 0xBow, the team behind the crypto privacy project Privacy Pools, is launching new tools to help Tornado Cash users isolate their funds from illicit activity. A 0xBow representative stated that Tornado Cash's proof of association is the first viable mechanism that balances privacy protection with compliance, representing both progress and a practical model for innocent Tornado users. The new protocol utilizes schemes such as zero-knowledge proofs. Users provide a note and withdrawal address, and the system generates a proof that compares it to the deposit list to exclude illicit actors. If the funds are deemed "clean," the address is added to a public registry without revealing personal data. The system has currently blacklisted over 16,000 related addresses. Privacy Pools, launched earlier this year, utilizes the concept of "association set providers" to help whitelisted users deanonymize their ERC-20 tokens without having to inject funds into common protocols like Tornado Cash, which are used by illicit actors.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
BlackRock CEO Larry Fink now refers to Bitcoin as “digital gold”
BlackRock CEO Larry Fink has referred to Bitcoin as a “digital gold” and acknowledged that the cryptocurrency now serves as a legitimate alternative asset.
Share
Cryptopolitan2025/10/14 12:08
Share
Ethereum spot ETFs saw a total net outflow of $429 million yesterday, marking the third consecutive day of net outflows.
PANews reported on October 14 that according to SoSoValue data, the total net outflow of Ethereum spot ETF was US$429 million yesterday (October 13, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF ETHA, with a single-day net outflow of US$310 million. Currently, ETHA's total historical net inflow has reached US$14.178 billion. The second is Grayscale Ethereum Mini Trust ETF ETH, with a single-day net outflow of US$49.6729 million. The current historical total net inflow of ETH has reached US$1.481 billion. As of press time, the total net asset value of the Ethereum spot ETF was US$28.748 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.56%, and the historical cumulative net inflow has reached US$14.480 billion.
Share
PANews2025/10/14 11:54
Share
Crypto Market Watch: Nexchain Presale Expands as BTC Stays at $116K, AVAX $30
Nexchain has continued to grow as one of the top crypto presales in 2025. In Stage 27, the project has raised more than $10.3 million. Tokens are priced at $0.108 with a confirmed listing at $0.30, leaving early buyers with an expected return of 278%. The launch of Whitepaper v2.0 set out updates to the [...] The post Crypto Market Watch: Nexchain Presale Expands as BTC Stays at $116K, AVAX $30 appeared first on Blockonomi.
Share
Blockonomi2025/09/18 01:15
Share