Tornado Cash founders Roman Storm and Roman Semenov were charged with money laundering and sanctions violations. U.S. Attorney Damien Williams said developers knew their technology was used to launder at least $1 billion in illicit profits....
On-chain sleuth ZachXBT warned that the Magnate Finance team could disappear with $6.4 million in total value locked (TVL). The team scrubbed their digital presence a few hours later in an apparent rug pull, Peckshield reported....
Coinbase CEO Brian Armstrong is urging DeFi builders to focus on 10 high potential ideas, including on-chain advertising, on-chain games, and Layer 2 privacy.