Month: August 2025

Tornado Cash Co-Founder Roman Storm Convicted—And Now?

Roman Storm, co-founder of Tornado Cash, has on Wednesday been convicted of conspiracy to operate an unlicensed money transmitting business. What Happened: The charge that carries a maximum sentence of five years in prison. The jury found him not guilty on the count of violating U.S. sanctions and could...
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Vitalik Buterin, Anders Elowsson Propose EIP-7999 for Ethereum Fee Overhaul

Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to overhaul the network’s fee structure by unifying multiple resource costs under a single maximum fee. The move aims to simplify transaction pricing while improving capital efficiency, addressing long-standing concerns about Ethereum’s complex fee market design....
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Babylon Introduces Trustless Bitcoin Vaults for BTC Staking Protocol

Bitcoin (BTC) project Babylon took another step toward offering a decentralized finance (DeFi) experience on its $5 billion staking protocol akin to that seen elsewhere in the crypto world. The latest development is the introduction of trustless vaults, designed to allow BTC holders to deposit their tokens without relying...
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The Protocol: Solana’s Seeker Mobile Begins to Ship

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes Solana’s Jito...
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