Roman Storm’s remarkable rise from self-taught programmer to co-creator of Tornado Cash and now a high-profile criminal defendant captures both the promise and the peril of building in crypto’s fast-moving privacy sector. The 36-year-old developer, celebrated for his technical ingenuity, now stands at the center of a watershed court case that could redefine the legal…
Paxos, a leading crypto infrastructure provider, has agreed to a $48.5 million settlement with the New York Department of Financial Services (NYDFS) following allegations that the company failed to uphold robust anti-money laundering (AML) and Know Your Customer (KYC) standards in its partnership with Binance. The regulatory crackdown and subsequent penalty highlight intensifying scrutiny on…
Leading investment manager ARK Invest, under the guidance of Cathie Wood, capitalized on the latest stock market volatility by significantly increasing its positions in top crypto sector equities Coinbase (COIN) and BitMine Immersion Technologies (BMNR). The high-profile buys, totaling $47 million, demonstrate ARK Invest’s continued confidence in the digital asset ecosystem, even as broader market…
