Ethereum’s OFAC-Compliant blocks drop to 47%

Ad The number of Ethereum (ETH) blocks compliant with the United States Office of Foreign Asset Control (OFAC) fell to 47% on Feb. 13 — the lowest since Oct. 11 — according to MEV Watch data. However, the number has slightly risen to 49% as of press time. Source: MEV Watch Immediately after Ethereum migrated … Read more

Ethereum remains unmoved according to these metrics as it gets removed from Paxful

Ethereum is to be removed from Paxful, according to the announcement from Paxful’s CEO. Critical metrics reveal that despite the removal, ETH remains largely unaffected. New information suggests that Ethereum (ETH) will be removed from a cryptocurrency trading platform. The Paxful CEO announced the removal of the second-largest cryptocurrency by market size on 21 December. … Read more

Tornado Cash Monthly Users Fall by Over 50% Post-US Sanctions

Tornado Cash is experiencing a significant drop in activity following the sanctions by the U.S. Treasury. The number of unique users and weekly deposits and withdrawals have both fallen. Tornado Cash is taking a tumble in terms of activity as a result of the sanctions imposed by the United States Treasury. Data from Dune shows … Read more

25% of Ethereum Blocks Comply With US Sanctions and Can Censor Transactions

A number of MEV-Boost relays are regulated under OFAC and can censor transactions. Over 25% of Ethereum blocks are now compliant with OFAC regulations. Reports are emerging that there might be some cause for concern regarding censorship on the Ethereum network. One website, MEV Watch, shows that some MEV-Boost relays are regulated under OFAC and … Read more