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 Sandeep Nailwal has been appointed CEO of the project’s foundation, marking a strategic shift to accelerate decision-making and double down on scaling AggLayer. Sandeep Nailwal, co-founder of Polygon (POL), has been appointed CEO of the project’s foundation. The move aims to speed up decision-making amid increasing competition in the blockchain industry, Nailwal said … Read more
Uniswap Foundation’s 2024 financials show nearly $5.8 million in spending on salaries, audits, events, and admin, offset by $1.11 million in revenue. In 2024, the Uniswap Foundation, a non-profit organization behind the crypto exchange platform, spent $5.79 million to run its operations while bringing in $1.11 million from donations, dividends, and interest. According to the … Read more