Ethereum Foundation donates $500K to Tornado Cash co-founder’s defense ahead of trial

Crypto’s obsession with on-chain security lets off-chain mistakes cost billions, analysts warn

Roman Storm, the embattled co-founder of the privacy mixer Tornado Cash is still receiving industry support as the Ethereum Foundation steps in with fresh financial support for his upcoming hearing. According to a recent announcement, the Ethereum Foundation is donating $500,000 to the legal defense of Roman Storm. The cash pledge comes as the Tornado … Read more

Polygon co-founder donates over $90m to healthcare through BFI

Polygon co-founder donates over $90m to healthcare through BFI

Polygon co-founder, Sandeep Nailwail’s donation fund, Blockchain For Impact, has surpassed $90 million in funding for healthcare innovation. BFI also pledged another $200 million for future initiatives. According to a press release sent to crypto.news, Blockchain For Impact has allocated more than $90 million in funding for innovations in the healthcare sector, biomedical research as … Read more

Binance founder CZ donates to Libra memecoin scam victims

Binance founder CZ donates to Libra memecoin scam victims

Changpeng Zhao (CZ), the founder of Binance, has promised to donate 150 BNB, or roughly $100,000, to the victims of the LIBRA memecoin scam as a gesture of support. CZ’s action came in response to a college student named EnHeng announcing their plan to donate $50,000 and raise additional funds to aid the victims.  Deeply … Read more