Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»BloXrout refuses to transact with OFAC blacklisted addresses.
ADOPTION NEWS

BloXrout refuses to transact with OFAC blacklisted addresses.

By Crypto FlexsDecember 19, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BloXrout refuses to transact with OFAC blacklisted addresses.
Share
Facebook Twitter LinkedIn Pinterest Email

BloXrout, a blockchain infrastructure company that provides DeFi tools, said its relays would begin rejecting transactions containing addresses on the US sanctions list.

“Effective immediately: all bloXroute relays will reject a block bid if it contains an OFAC transaction (Tx interacting with an address that appears in the OFAC SDN list).” bloXroute wrote Monday of X. The change is not expected to have “an impact” on the network “other than reducing our own odds of winning.”

bloXroute’s transaction censorship has no effect. Ethereum ETH

+0.13%
The company said it was “unstoppable, permissionless and fragile”. “Because they are decentralized, globally distributed, and not easily influenced by any single entity, even with the best networking technology.”

The announcement received some criticism from X critics. “It’s either ‘commit to supporting ETH’ or ‘maintain compliance.’ You can’t have both.” A user named Egor Egorov said: reply. “Are you self-censoring, or is the state coming knocking?” asked User Marius Kjærstad.

approved address

Other major cryptocurrency players have demonstrated compliance with the U.S. Treasury Department’s Office of Foreign Control requirements not to facilitate transactions to anyone on the sanctions list.

Tether, the centralized issuer of the largest stablecoin USDT, recently announced. freezing All cryptocurrency addresses on OFAC’s list. After a few weeks the company said For the FBI, “we’ve put the U.S. Secret Service on our platform and we’re working on doing the same.”

There have also been attempts to censor transactions on the decentralized Bitcoin. In 2021, US mining company Marathon said it would not include transactions with OFAC blacklisted addresses in its blocks, but immediately withdrawn movement. Last November, a researcher notice F2Pool mining pool rejected some of these transactions.

Lead developer at blockchain explorer Blockchair Nikita Zhavoronkov wrote that he sees bloXroute’s announcement as another sign of a larger trend.

“Although bloXroute is neither a miner nor a validator, this is the first case where it rejects an entire block containing approved addresses. Previous cases were all about not including transactions in the block template.” wrote X added that if enough validators follow this trend, it could lead to a kind of “51% attack” on Bitcoin and Ethereum.

“With the emergence of ETFs and BlackRock, Bitcoin and other major cryptocurrencies are becoming increasingly compliant and KYC-compliant, so we can expect more pools following the ‘rules,’” Zhavoronkov said.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025
Add A Comment

Comments are closed.

Recent Posts

Bombastic Casino Unveils New Design And Enhanced Features

October 21, 2025

Leading A New Era Of AI Model Training And Digital Computing Power Contracts

October 21, 2025

Earn 15% APR With Flexible Redemption And Up To 2,926 USDT

October 21, 2025

Crypto Market Recovers As Liquidity Returns — Pepeto Announces $700K Giveaway And 221% Staking Rewards

October 21, 2025

6 Best AI Quant Apps: Smarter Automated Trading Solutions for the Modern Investor

October 21, 2025

Start Passive Crypto Income At Zero Cost

October 21, 2025

Limitless Prediction Market Closes $10M Seed Round Ahead Of LMTS Token Launch

October 20, 2025

Whale.io Introduces Crock Dentist Game And Exclusive RWA NFT Collection

October 20, 2025

Bybit Card Honored As “the Best Performing Crypto Card” By Mastercard At EDGE 2025

October 20, 2025

Jupiter Launches Ultra V3 – The Ultimate Trading Engine For Solana

October 20, 2025

Jiuzi Holdings, Inc Enters Strategic Partnership With BitFi To Advance Bitcoin-Centric Finance

October 20, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bombastic Casino Unveils New Design And Enhanced Features

October 21, 2025

Leading A New Era Of AI Model Training And Digital Computing Power Contracts

October 21, 2025

Earn 15% APR With Flexible Redemption And Up To 2,926 USDT

October 21, 2025
Most Popular

Will AAVE Lead the DeFi Renaissance in 2025? The data…

January 3, 2025

FTX Sam Bankman-Fried avoids second trial.

December 31, 2023

The trader, which shortened Etherrium for $ 4500, unveils the peak of two ETH prices in 2025 with two possible ETH price peaks and his top ERC-20 Altcoin.

March 14, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.