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Ethereum Oxbow Privacy Pools Debut - But Can It Avoid Tornado Cash’s Fate?

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Summary
Nutrition label

70% Informative

Oxbow, the privacy-focused infrastructure provider founded in 2023 , announced the mainnet launch of its Privacy Pools on Ethereum this Monday .

Privacy tools have always attracted the attention of regulators.

Tornado Cash was sanctioned by the U.S. Treasury Department in 2022 , accused of facilitating money laundering and acting as a haven for illicit actors.

Apart from her Journalistic endeavours, she is a solo traveler, museum goer , and a keen reader of books. CoinGape is a burgeoning blockchain and crypto media company. It was recently awarded as the Best Crypto Media Company 2024 at Global Blockchain Show , Dubai . Our goal is to keep industry professionals up to date on the most recent news and developments. We are a team of experts who take great pride in offering unbiased and well researched information to help our readers make informed decisions. Read our Editorial Policy .

VR Score

53

Informative language

43

Neutral language

47

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

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