Ethereum Foundation Backs Roman Storm With $500K Ahead of Trial  

The Ethereum Foundation has donated $500,000 to support Tornado Cash co-founder Roman Storm’s legal defense ahead of his July trial on money laundering and sanctions charges. Storm, arrested in August 2023, faces accusations of enabling criminals—including North Korea’s Lazarus Group—to launder over $1 billion through the ethereum ( ETH) privacy tool. Privacy advocates argue that … Read more

Bitcoin Upward Trend Expected to Continue Through 2025: Coinbase Analysts

Coinbase Institutional forecasts a positive outlook for the cryptocurrency market in the second half of 2025, driven by improved economic growth, corporate adoption, and regulatory progress. Coinbase Report Highlights Three Key Crypto Themes for Second Half 2025 Coinbase Institutional projects a constructive outlook for the cryptocurrency market in the second half of 2025. The analysis … Read more

Gotbit Ordered to Dissolve After DOJ Seizes $23M in Crypto

The DOJ shut down Gotbit in a sweeping crackdown, seizing $23 million in crypto and exposing years of fake trading volume that misled investors and platforms. DOJ Forces Market Manipulator Gotbit to Shut Down The U.S. Department of Justice (DOJ) announced on June 13 that Gotbit Consulting LLC, a cryptocurrency-focused financial firm based in Russia … Read more

Abra CEO Bill Barhydt Says Crypto Is Replacing the 60/40 Portfolio

Bond performance is in the gutter while bitcoin is reaching all-time highs. Savvy financial advisors are now telling their peers to throw out bonds and replace them with crypto. Abra’s Barhydt Predicts Crypto Will Replace Classic 60/40 Asset Allocation The decades-long rule of thumb for diversifying assets in a client portfolio by allocating 60% of … Read more

Global Markets Reel as Israel Strikes Iran, Killing IRGC Commander Hossein Salami

Worldwide financial markets were thrown into chaos after tensions in the Middle East escalated dramatically, as Israel directed a large-scale military operation aimed at Iran. The Iranian nuclear program and military targets were the focus of an apparent attempt to “eliminate the Iranian nuclear threat” that involved dozens of Israeli Air Force strikes, coordinated with … Read more