Ethereum’s Pectra upgrade in May 2025 marks a significant milestone by doubling Layer-2 blob space and increasing validator deposit limits, enhancing network scalability and efficiency. This upgrade has triggered renewed
Fidelity Investments is officially seeking the green light to launch an exchange-traded fund (ETF) that would hold solana ( SOL) directly. S-1 in Play: Fidelity Takes Aim at Solana With ETF Proposal On June 13, 2025, the firm submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The proposed “Fidelity Solana
A fresh XRP/BTC chart released on 12 June by the market technician known as Dr. Cat has injected new controversy into one of crypto’s most stubborn trading pairs. The analyst, posting to X, argues that despite a bruising six-week slide, conditions still favour an eventual breakout for XRP that would leave Bitcoin lagging. He assigns the scenario a formidable 70 percent probability. XRP Vs. Bitcoin: 70% Chance Of Breakout, But When? At the heart of Dr. Cat’s thesis is the 2,041-satoshi level, where three separate Ichimoku timeframes—monthly, bi-monthly and tri-monthly—intersect. “The price keeps eating support after support with no reaction from bulls at all as if supports don’t exist,” he concedes, but he stresses that this specific shelf is “the most important support.” Related Reading: XRP Could Crash To $1.55 Before Explosive Surge, Analyst Warns Candles on the attached one-month chart already hover fractionally below the line; a decisive monthly close beneath it, he warns, would flip the three-day structure fully bearish and scatter the pair into unpredictable, possibly chaotic ranges. Even so, the strategist insists history is on the side of XRP bulls. “Price has spent years performing very well and coiling up with higher lows for this attack now,” he writes, framing the past twelve quarters as a prolonged accumulation that has never surrendered its series of macro higher lows. That coiling, he believes, will allow XRP to mount at least a “minor … attack in August” toward the 3,000-satoshi region—roughly a 45 percent appreciation from current levels—and perhaps fuel a “much bigger attack” once the broader market cycle matures. Related Reading: XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target The optimism is not unqualified. Dr. Cat calculates a 30 percent chance of a complete flop if 2,041 sats fails on a monthly-close basis. Under that bearish branch, the cross could slice toward 1,800 – 1,900 sats, attempt a feeble rebound, or continue a “slow bleed all the way down to the bottom of the range where it started the monster move.” In such a setback, he would not expect the long-anticipated “monster bullish move” until Q4 2025 at the earliest. For the moment, therefore, the market hangs on a single number. Hold above 2,041 and Dr. Cat sees a clear shot at outperforming Bitcoin—first modestly, then dramatically. Slip beneath it, and the road map dissolves into what he bluntly calls an “unpredictable/choppy” expanse. Either way, XRP traders now know exactly where the cycle’s pivot resides and precisely how thin the margin for error has become. At press time, XRP traded at $2.1287. Featured image created with DALL.E, chart from TradingView.com
Anthony Pompliano is set to lead a new Bitcoin investment outfit that plans to raise $750 million. His move comes as big sums flow back into crypto under a friendly White House. Investors are watching closely. Pompliano Steps In With Big Target According to the Financial Times, Pompliano will become chief executive of ProCapBTC. The firm wants to gather $500 million in equity and add $250 million in convertible debt. It will do this by merging with blank‑cheque company Columbus Circle Capital 1, which went public with a $250 million IPO in late May. Pompliano has already pulled in $220 million for a separate SPAC this year. Based on reports, Columbus Circle Capital 1 got support from Cohen & Company, an investment bank in New York. That partnership gave ProCapBTC a fast track into public markets. Pompliano’s last SPAC move closed in under six months, so investors see a quick timetable here. The blank‑cheque route has become a popular way to raise cash for Bitcoin buys without the usual paperwork of an IPO. Crypto influencer Anthony Pompliano set to launch bitcoin-buying vehicle https://t.co/jMZ0PVx9qZ — Financial Times (@FT) June 12, 2025 Debt And Equity Mix ProCapBTC’s plan mirrors what Michael Saylor’s MicroStrategy (rebraded to Strategy) did, and what Japan’s Metaplanet has tried. By blending equity with convertible debt, the group can boost its buying power. But this mix comes with risk. If Bitcoin falls, the debt could convert into shares at a discount, cutting into early backers’ stakes. Pompliano will need to manage that balance carefully if he wants to hit the $750 million goal. Crypto Listings On The Rise This push is part of a broader wave of crypto listings. Earlier this week, Peter Thiel‑backed Bullish filed for a US IPO, and Gemini—the platform run by the Winklevoss twins—also filed plans to go public. Stablecoin issuer Circle saw its shares jump over 150% on their trading debut. All of this points to a revival in US markets for crypto firms. Political Backdrop Fuels Momentum Investors aren’t just looking at balance sheets. They’re watching politics too. US President Donald Trump has spoken favorably about digital assets during his second term. That has sent fresh capital into crypto names, including Trump’s own social media company. Pompliano even warned against Trump’s threat to oust Federal Reserve Chair Jerome Powell last month, saying it would set a bad precedent for US central bank independence. Bitcoin has been hovering near $105,000, with swings of up to 8% in a day. Dropping hundreds of millions into the market at once could nudge the price up, making buys more expensive. ProCapBTC might spread purchases over weeks or use futures to soften the impact, but details are scarce for now. Featured image from Getty Images, chart from TradingView
In today’s crypto news, all eyes are on Mutuum Finance (MUTM) , a fresh $0.03 token rapidly gaining traction and poised to challenge the dominance of larger players like Cardano (ADA). With ADA currently trading near $0.69, backed by a strong ecosystem of smart contracts and DeFi integration, MUTM is turning heads thanks to its aggressive presale momentum, upcoming CertiK audit, and lean protocol design targeted at DeFi users. The project has gained more than 11,900 investors who have contributed $10.45 million during the ongoing presale. Investors taking part in the Mutuum Finance Phase 5 presale will see a 100% ROI when it launches at $0.06. Analysts highlight MUTM as one of the best new altcoins to buy now, citing its low entry price, scalable architecture, and potential to become the next big cryptocurrency. As investors ask what crypto to invest in before altcoins run full steam, MUTM’s positioning under $1 makes it a standout in today’s fast-moving market. Reimagining DeFi Lending with a Powerful Dual-Model System The non-custodial liquidity protocol of Mutuum Finance delivers decentralized lending which grants users absolute control of their assets. Through lending activities users accumulate passive earnings from lenders and borrowers instantly access funds by placing multiple assets above their loan value. The automatic interest rate adjustments of the system optimize capital structure and sustainability for the ecosystem. Mutuum Finance operates a dual-lending framework that delivers exceptional flexibility to users which features Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The Peer-to-Contract (P2C) system enables smart contracts to regulate lending pools that shift interest rates in harmony with market conditions. Lenders can depend on regular income, while borrowers find safe options when they borrow money. The P2P approach takes out middlemen by enabling direct communication between borrowing parties and lending participants. Any asset with volatility needs this complete decentralized model which provides maximum flexibility to users. Phase 5 of Mutuum Finance Presale Now Underway The fifth phase of Mutuum Finance presale has started as the platform attracts increasing investor interest. The DeFi solution provided by Mutuum Finance operates as a scalable long-term solution instead of risky meme coins. Investor confidence remains high since Phase 5 of the presale has surpassed $10.45 million total sales and attracted more than 11,900 token holders before the following price adjustment. Certified Secure: USD-Pegged Stablecoin Validated by CertiK Mutuum Finance will launch its fully collateralized, USD-pegged stablecoin on the Ethereum blockchain. Built to survive the collapses of algorithmic models, the stablecoin’s robust construction enables long-term stability and price consistency. Underpinned by open-source smart contracts and the success of a Certik audit, the platform offers a safe foundation for digital financial transactions. Mutuum Finance is pairing state-of-the-art lending features with a robust ecosystem, charting a definite course for the future of DeFi. Early Investors Reap Rewards as Community Expands As the platform gains traction, Mutuum Finance continues to reward its early backers. Ten lucky investors will be selected to share a $100,000 giveaway prize, each receiving $10,000 worth of MUTM tokens as a thank-you for supporting the project early on. Cardano’s sluggish network activity and fading transaction volumes are casting doubt over ADA’s near-term prospects, prompting many investors to reassess their exposure. Meanwhile, smart money is pivoting toward high-utility projects like Mutuum Finance (MUTM) Mutuum Finance (MUTM) is quickly emerging as the best new altcoin to watch, with its presale already drawing in over $10.45 million from 11,900+ investors and delivering real utility at just $0.03 per token. With a launch price of $0.06, early participants are set to lock in a 100% ROI, and analysts are forecasting breakout potential that could rival or even surpass major players like Cardano. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://mutuum.com/ Linktree: https://linktr.ee/mutuumfinance
Google is planning to acquire cybersecurity company Wiz Inc. for billions of dollars, and according to sources familiar with the matter, Justice Department antitrust enforcers are trying to determine whether the planned acquisition would illegally limit competition in the marketplace. Officials in the department’s antitrust division, who are probing the deal , have reportedly been examining the details of the Alphabet Inc. unit’s plan following its announcement in March, said the sources, who asked to be kept anonymous. Such inquiries include discussions with the merging companies as well as competitors and customers. The review, which is still in its early stages, is expected to last some months and will ultimately determine whether US officials let the deal proceed. The review is in its early stages and could take months Full-scale antitrust merger reviews are relatively rare compared to the number of deals announced each year, so the firms have been preparing for scrutiny . Google has agreed to pay Wiz a breakup fee of about $3.2 billion, or about 10% of the deal value, if it doesn’t close, which is a risk as the iconic company has been facing intense antitrust scrutiny from Washington. In the past year, federal judges found that it has illegal monopolies in online search and some advertising technology markets. As such, it is facing a potential breakup of large parts of its business, including its Chrome web browser and some advertising tools used to place display ads around the web. Google’s planned acquisition of Wiz is one of its largest purchases Wiz is not Google’s first large cybersecurity purchase. In 2022, it acquired Mandiant for $5.4 billion in an effort to bulk up its cloud computing business, which has historically lagged behind its peers. Google’s largest acquisitions by dollar value. Source: App Economy Insights If the deal goes through, it will have set a record as one of the company’s largest purchases, beating its Motorola purchase of $12.5 billion and the Mandiant acquisition of $5.4 billion. Mandiant and Wiz provide complementary services. However, while Mandiant specializes in threat intelligence and cyber breaches, Wiz’s tools do that and work to identify and block threats across organizations’ often-complex cloud environments. Wiz is also integrated with competing services from Amazon.com Inc., Oracle Corp. and Microsoft. While announcing the deal, Google touted the acquisition as a way to beef up its cloud security offerings and provide customers with new ways to keep their systems secure in a new era of AI. Both companies have said Wiz’s products will continue to work on major cloud platforms, including competing services. Google’s attempt to acquire Wiz is happening at a time when the cloud security market is booming. The market is already worth over $30 billion today, and that value is expected to triple by 2034. KEY Difference Wire helps crypto brands break through and dominate headlines fast
The altcoin landscape in mid-2025 is once again shifting. As the broader market stabilizes, with Bitcoin maintaining its position above $70,000 and Ethereum holding near $3,700, market attention is turning to altcoins that offer real infrastructure value rather than speculative hype. Chainlink ($LINK)—one of the most pivotal DeFi infrastructure projects—continues to be a benchmark for long-term performance, having launched at just $0.11 in 2017 and now trading above $14. The protocol played a foundational role in connecting smart contracts to off-chain data, and its impact on the broader blockchain ecosystem remains significant. Yet, as market participants look for new opportunities with asymmetric upside, Qubetics ($TICS) has emerged as a powerful contender among the top altcoins to buy. While Chainlink solidified its place in crypto history, Qubetics is building for the future—delivering solutions for one of blockchain’s most persistent challenges: cross-border transactions. Qubetics is gaining attention for more than just projections—it’s standing out for its bold approach to tokenomics, reduced total supply, and a focused commitment to solving real-world inefficiencies in cross-border value transfer. Unlike earlier blockchain initiatives that emphasized scalability without addressing end-user pain points, Qubetics is delivering practical infrastructure designed to streamline international payments across chains and currencies. Analysts have issued confident forecasts, with long-term valuations ranging between $10 and $15 following mainnet launch—highlighting the protocol’s potential to emerge as a dominant force in next-generation decentralized finance, making it the top altcoins to buy now. Qubetics ($TICS): Practical Solutions for Cross-Border Financial Connectivity Qubetics is entering the final stage of its crypto presale , but the traction it has achieved in just three months reflects more than market timing—it reflects market fit. The protocol’s core utility revolves around solving one of blockchain’s most under-addressed challenges: efficient cross-border transactions. Despite advancements across the industry, sending money across jurisdictions remains expensive, fragmented, and time-consuming. Qubetics is building infrastructure to make these transactions seamless, fast, and accessible across multiple chains and currencies. Traditional cross-border transactions often involve delays, high intermediary fees, and complex compliance checks. For businesses operating internationally—whether it’s an e-commerce brand in the US sourcing products from Southeast Asia or a European SaaS platform accepting payments from Latin America—these inefficiencies eat into profits and stall growth. Qubetics addresses this problem with its decentralised payment rails, allowing direct, peer-to-peer transfers validated on-chain without banks or intermediaries. This significantly reduces transaction costs, enables near-instant settlements, and ensures traceability and transparency without compromising security. With its native interoperability, Qubetics supports seamless asset flow across major blockchain networks, removing the need for wrapped tokens or centralised bridges. A logistics startup in Nairobi can pay suppliers in Tokyo using $TICS without worrying about currency exchange delays or hefty conversion fees. Similarly, freelancers in remote locations can receive payments securely, while platforms leveraging Qubetics can automatically comply with regional regulations using its embedded compliance modules. This makes Qubetics more than a payments tool—it becomes a real-world financial infrastructure for the decentralized age and the top altcoins to buy today. Use cases for Qubetics span a broad spectrum. Global freelancers, for example, face significant payment delays and excessive conversion fees—Qubetics enables instant, stablecoin-based payouts across borders. Small businesses managing international vendors or customers can settle invoices securely and immediately without third-party interference or the volatility of traditional remittance channels. Even nonprofits distributing aid to remote regions can benefit from transparent, traceable on-chain payments that reduce corruption and middlemen. Currently, Qubetics is in Stage 37 of its crypto presale. The token is priced at $0.3370, with 10 million tokens remaining before its public allocation closes. A listing price of $0.40 has been confirmed, providing a 20% ROI for final-stage buyers. Being one of the top altcoins to buy, this project has already raised over $18 million from more than 27,900 holders and has distributed over 515 million $TICS tokens, indicating strong early adoption. In a major shift toward scarcity and governance decentralization, Qubetics recently reduced its total token supply from over 4 billion to just 1.36 billion and increased its public sale allocation to 38.55%. Analysts are taking notice, with price forecasts ranging from $1 shortly after listing to $10–$15 post-mainnet launch. For a strategic buyer, the numbers are compelling: an $18,000 investment at the current price secures approximately 53,414 $TICS. At $1, that value rises to $53,414. At $5, it reaches $267,070. And at $15, the projected high, it grows to $801,210. The Qubetics ecosystem is supported by real infrastructure tools. QubeQode, a proprietary development IDE, allows developers to build blockchain applications natively. TICSScan provides block-level transparency. This is not a marketing campaign in search of utility; this is a fully structured ecosystem aimed at driving long-term adoption in both enterprise and retail environments. Chainlink ($LINK): The Oracle Pioneer with Long-Term Stability Chainlink revolutionized the way smart contracts interact with external data, making it a cornerstone of the modern DeFi infrastructure. From its modest beginnings at $0.11 per token, Chainlink surged to over $50 during the 2021 bull run and currently trades in the $13–$14 range as of June 2025. Its decentralized oracle networks have been integrated across sectors ranging from decentralized finance and insurance to gaming and logistics, enabling smart contracts to execute with real-world information securely. The protocol’s development has not slowed. Recent launches such as Chainlink Functions and the continued rollout of the Cross-Chain Interoperability Protocol (CCIP) are focused on enhancing developer tools and expanding cross-chain communication capabilities. Chainlink’s positioning today is less about explosive growth and more about sustained reliability. It has become a foundational layer for many applications, earning its status as a blue-chip asset within the digital asset class. However, the significant gains made in its early years have leveled off, and many in the market now view Chainlink as a long-term hold rather than a high-growth opportunity. For those seeking substantial near-term appreciation—especially among the top altcoins to buy—emerging Layer-1 protocols like Qubetics are generating more aggressive interest. Conclusion: Chainlink Holds the Past, Qubetics May Define What’s Next Chainlink remains an essential component of the blockchain data infrastructure. It continues to deliver reliable value for those seeking a secure and established asset. However, its growth is now measured and incremental. For buyers seeking dynamic upside, with direct application to real-world financial problems and a tokenomics structure designed for performance, Qubetics stands out as one of the top altcoins to buy in this cycle. The presale is nearing completion. The final $TICS tokens are in distribution. The listing price offers immediate upside, and the longer-term forecasts signal the kind of potential that early-stage backers seek. With global use cases, an aggressive development roadmap, and measurable demand, Qubetics offers more than narrative—it offers execution. For those who missed the earliest days of Chainlink, Qubetics may offer a comparable opportunity, backed by stronger fundamentals, a community-first distribution model, and real-world solutions. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post Regret Not Buying Chainlink Early? Qubetics Could Be Among the Top Altcoins to Buy This Year appeared first on TheCoinrise.com .
Looking ahead to 2025, the crypto market is brimming with promising altcoins that could yield massive returns. Curious investors and seasoned traders alike are eagerly eyeing certain coins with the potential for exponential growth. This brief exploration delves into three standout altcoins poised for impressive gains, capable of transforming modest investments into substantial wealth. Dive deeper to discover these promising digital assets. SUI Price Action: Analyzing Recent Trends and Current Dynamics In the past month, SUI recorded a sharp decline of approximately 25.42%, coupled with a six-month drop near 31.94%. This period highlighted significant downward pressure, with historical price movements showcasing both rapid recoveries and severe sell-offs. The momentum over the weeks was mixed, reflecting short-term upticks against a backdrop of overall weak performance. Notably, a 3.75% gain over the last week contrasts with the long-term bearish trend, indicating a phase of volatility that has tested both buyers and sellers. Currently, the price fluctuates between $2.77 and $4.01, with resistance levels identified at $4.77 and $6.01. Key support levels are found at $2.29 and $1.05. Current indicators reveal a bearish sentiment, with an Awesome Oscillator of -0.230 and a Momentum Indicator of -0.219, while the RSI is around 39.66. Although bulls have made some gains this week, the market sentiment remains predominantly bearish without a clear trend. Traders should monitor these levels for buying opportunities near support and consider profit-taking if resistance is breached, while acting cautiously in this volatile environment. Kaspa (KAS): Past Trends and Key Levels Shape the Near-Term Outlook Kaspa experienced a one-month decline of 37.3% and a six-month drop of 49.7%. The market has shown significant lows and steep falls, indicating a consistent bearish pressure. This performance highlights the challenges faced by investors and the overall sentiment in the market. The past weeks have reflected a struggle to regain stability, driven by negative trends and decreased interest among traders. The current price for Kaspa sits within a range of approximately $0.065 to $0.116, with support at $0.047 and resistance at $0.15. Bears continue to dominate, supported by negative momentum signals and a low RSI near 36. There is no clear upward or downward trend, allowing for trade opportunities based on price fluctuations. Short-term buying near the support level could be considered, while caution is advised regarding potential declines. A break above $0.15 may signal a shift that could favor bulls, suggesting the need for tight stop-loss orders to manage risks. Hyperliquid Shows Robust Growth and Bullish Potential Hyperliquid experienced substantial gains in recent periods, with a 16.05% increase over one week followed by a 52.88% rise in one month. Over the past six months, the coin advanced by 62.21%, showing vibrant investor interest and pronounced price expansion. Movements ranged from a low of $21.20 to a high near $42.08, reflecting dynamic market activity. These gains underline the asset’s evolving strength and momentum, highlighting consistent upward trends and bullish sentiment that encouraged traders to take strong positions. At present, Hyperliquid trades within a range between $21 and $42. The market has identified resistance at approximately $51 and support just under $10. A secondary target for upward movement exists near $72, suggesting additional gains may be possible if bulls can overcome current obstacles. Indicators like the Relative Strength Index near 63 show buying interest is sustained without reaching overbought territory. With technical signals favoring bulls while acknowledging potential pauses ahead, investors are closely monitoring these key levels. Strategies include entering near support to capture pullbacks and watching resistance for breakouts. Overall, the situation is balanced with bullish strength but still respects previous trading thresholds. Conclusion SUI , KAS , and HYPE are promising investments with potential for high returns by 2025. Their unique features and growing user base suggest significant growth opportunities. These coins have demonstrated strong performance and innovation in the crypto market. Keeping an eye on their development and market trends could prove beneficial. Investing in these altcoins could lead to substantial financial gains in the near future. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The Ethereum Foundation has pledged $500,000 to support the legal defense of Tornado Cash co-founder Roman Storm, who faces federal charges in the United States. In addition to the direct donation, the foundation said it will match up to $750,000 in community contributions. Ethereum Foundation Steps in to Support Roman Storm as Tornado Cash Trial Looms Storm is set to stand trial on July 14, 2025, in Manhattan federal court. He is charged with conspiracy to operate an unlicensed money transmitter, conspiracy to launder money, and conspiracy to violate U.S. sanctions. The Ethereum Foundation described its donation as a stand for privacy and open-source development. “Privacy is normal, and writing code is not a crime,” it wrote in a statement posted Friday on X . The EF is donating $500K to the legal defense of Roman Storm, and we will match up to a further $750K in donations from the community. Privacy is normal, and writing code is not a crime. — Ethereum Foundation (@ethereumfndn) June 13, 2025 Storm was indicted in August 2023 for his role in building and maintaining Tornado Cash, a crypto mixer accused of facilitating the laundering of over $1 billion in illicit funds. The service allegedly allowed users to obscure the source and destination of transactions, an activity that U.S. authorities say was exploited by hackers and criminal networks to move stolen assets . Storm’s trial comes as prosecutors and regulators increase scrutiny of crypto tools tied to privacy and decentralization. His defense has argued that the case threatens the foundation of decentralized finance (DeFi) by criminalizing open-source development. “In 31 days, I face trial,” Storm said in a Friday post on X. “The DOJ wants to bury DeFi, saying I should’ve controlled it, added KYC, never built it. SDNY is trying to crush me, blocking every expert witness. If I lose, DeFi dies with me.” His co-founder, Roman Semenov, was also charged in the case but remains at large, reportedly in Russia. A third developer, Alexey Pertsev, was convicted of money laundering by a Dutch court in May and sentenced to more than five years in prison. He is currently under electronic monitoring as his appeal progresses . Tornado Cash was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC) in 2022 . The agency claimed the tool had facilitated over $7 billion in illicit transactions since 2019 and failed to adopt safeguards against criminal misuse. Storm’s legal team previously sought to dismiss the charges, arguing that OFAC overstepped its authority by sanctioning the mixer’s smart contracts. That motion followed a separate ruling in a related case that questioned the agency’s reach over decentralized code. With the trial approaching, the Ethereum Foundation’s contribution marks one of the most high-profile shows of support yet for Storm and raises broader questions about how far developers should be held responsible for permissionless code. Vitalik Buterin Donates $170K to Support Tornado Cash Developers Early This Year Ethereum co-founder Vitalik Buterin donated 50 ETH, worth around $170,000 in January 2025 , to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. @VitalikButerin has stepped forward with a substantial donation to support the legal defense of Tornado Cash developers. #Buterin #ETH https://t.co/b6gbH3KxZw — Cryptonews.com (@cryptonews) January 1, 2025 The contribution was confirmed through the Juicebox project “Free Pertsev and Storm,” which has so far raised over $650,000 through JusticeDAO, a decentralized fund backed by the crypto community. Buterin’s support follows mounting legal pressure on the developers. In May, the U.S. Department of Justice confirmed it would proceed with federal charges against Storm, including allegations of money laundering and sanctions violations. DOJ pursues federal charges against Roman Storm, cofounder of Tornado Cash, after dropping unlicensed money transmission charge. #TornadoCash #RomanStorm https://t.co/ZGXe7IGREZ — Cryptonews.com (@cryptonews) May 16, 2025 The charge relating to operating an unlicensed money-transmitting business was later dropped . The legal campaign against Storm has also sparked backlash across the crypto space. In April, the DeFi Education Fund urged the Trump administration to step in , calling the DOJ’s actions a “lawless prosecution” of open-source software developers. The petition has since gained momentum, with signatures from key industry figures including Coinbase’s Fred Ehrsam, Paradigm’s Matt Huang, and Ethereum core developer Tim Beiko. The post Ethereum Foundation Stakes $1.25M War Chest to Shield Tornado Cash’s Roman Storm appeared first on Cryptonews .