Tornado Cash developer Roman Storm’s legal defense fund is seeing an influx of donations as the software creator’s defense team preps for a possible retrial on charges of money laundering and sanctions violations. The Ethereum Foundation on Thursday said it will match up to $500,000 in donations to Storm’s defense fund.
The jury in Storm’s trial was deadlocked — unable to reach a unanimous verdict — on two of the three counts against him, finding the developer guilty of running an unlicensed money transmitter.
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were… Source link
