Solana Policy Institute Pledges $500K to Roman Storm’s Legal Defense as Tornado Cash Case Heats Up
The Solana Policy Institute has pledged $500,000 to defend Roman Storm, the developer behind Tornado Cash, as the crypto industry rallies around one of its most closely watched legal battles. The case has become a defining moment for blockchain developers, raising questions about whether writing code can be criminalized when others misuse it. Storm, who […]
US Banks Linked to $312B Money Laundering, Renewing Debate Over Crypto’s Role
U.S. regulators face renewed pressure after revelations that American banks handled more than $312 billion in suspicious transactions tied to Chinese money laundering networks between 2020 and 2024. The figures, published this week in a Treasury Department report from the Financial Crimes Enforcement Network (FinCEN) , paint a troubling picture of the traditional financial system’s […]
Crypto Executives Launch $200M SPAC for Bitcoin Infrastructure Acquisition
A group of seasoned cryptocurrency executives has joined forces to establish a $200 million special purpose acquisition company (SPAC) targeting opportunities in Bitcoin infrastructure. The move underscores growing investor appetite for companies building the backbone of the Bitcoin ecosystem, even as the broader digital asset market experiences cyclical volatility. The new entity, reportedly spearheaded by […]