A recent study by Paradigm pointed out that due to smart contract events being counted multiple times, the trading volume of the prediction market platform Polymarket may be overstated by about 100% on third-party dashboards. After the research was published, it quickly sparked heated discussions among data teams, analytics firms, and competitors, also exposing the structural challenges prediction markets face in measuring trading volume. According to the analysis by Paradigm research partner Storm Slivkoff, Polymarket's smart contracts generate an OrderFilled event of the same amount for both the maker and the taker in each transaction. Most dashboards do not distinguish between the two sides when aggregating these events, resulting in each trade being counted twice. For example, a $4.13 YES trade would be recorded as $8.26 in trading volume on the dashboard.

Jinse Finance reported that Matt Huang, founder of Paradigm, posted on the X platform stating that there is a data vulnerability in Polymarket: most public data has an issue with double-counting trading volumes. This problem was discovered by user storm during due diligence and is of significant research value.

Odaily News According to official news, in response to recent discussions about layoffs, Gate publicly addressed external concerns, clarifying that the relevant rumors are completely false. Gate founder and CEO Dr. Han stated: "Thank you for your concern, the layoff storm has finally reached us, it is purely a rumor, there are no major moves within Gate. We are continuously accelerating our construction, and there will be many product updates coming soon, we welcome everyone to follow along and witness us doing better and better, Keep building. See you at the Abu Dhabi F1 finals next week."

Monad (MON) quickly became the market focus after completing a $269 million ICO at an astonishing speed. However, within just a few days, market sentiment took a sharp turn, and the token price has fallen by 24%, raising sustainability concerns. Maelstrom CIO Arthur Hayes stated in an interview that, apart from BTC, SOL, and ETH, most Layer 1 projects will eventually go to zero, and Monad is no exception. He believes that MON is a typical "high FDV, low circulation VC Token," and the short-term rise cannot hide the risk of a 99% fall in the future. Hayes pointed out that the proportion of insiders locking their holdings is too high, and once the Token is unlocked, a large-scale sell-off may occur.

Federal prosecutors stated that the trial of Tornado Cash developer Roman Storm is legitimate, and the judge should not consider his plea of not guilty. The Department of Justice rebutted Storm's motion for release, claiming there is sufficient evidence to prove he created and controlled a sanctioned Crypto Assets mixing service.

BlockBeats news, on October 31, the Nvidia Autumn GTC conference and the meeting between the Chinese and US presidents have become two major turning points in the global economy. Nvidia announced future performance guidance, expecting the Blackwell chip annual revenue to exceed 500 billion USD, with market capitalization approaching 5 trillion USD, igniting the entire AI industry chain. Meanwhile, expectations for easing China-US relations are rising, and trade agreements may drop tariffs and extend cooperation periods, injecting confidence into the global market. The technological revolution is reshaping wealth distribution, while the internal competition and speculation in the crypto market are causing people to miss real opportunities in this era. BiyaPay reminds investors: under the new cycle of AI and globalization, multi-asset investment is the future trend. The platform supports USDT remittances in USD, EUR, HKD and other currencies, and offers 0 transaction fee digital money Spot contracts, also usable with USDT.

The Trump administration lifted restrictions, allowing Ukraine to use long-range missiles from Western allies to enhance its strike capability against Russia. The Ukrainian military has successfully used the UK's "Storm Shadow" missiles to attack Russian targets, and cross-border attacks are expected to increase. This move has led to a rise in international oil and gold prices.

Golden Finance reported that Roman Storm, the developer of the Tornado Cash privacy protection protocol, asked the open source software community whether they are concerned about being retroactively prosecuted by the U.S. Department of Justice for developing a Decentralized Finance (DeFi) platform. Storm asked DeFi developers: How can you be sure that you won't be prosecuted by the Department of Justice for "MSB" (building non-custodial protocols), only to be accused later of needing to build custodial protocols? If the SDNY can charge developers for building non-custodial protocols... then what safety is there?

ChainCatcher message, according to official news, MEXC has officially launched the "Blue Chip Storm" event, refocusing on the core of the crypto market - BTC, ETH, BNB, and SOL. New and old users participating in the event enjoy zero trading fees, a maximum of 600% APR, share a total prize pool of $2,000,000, and have the chance to win a Tesla Cybertruck. The event has launched and will be held on November 14, 2025, at 18:00.

Roman Storm, co-founder of Tornado Cash, has requested a federal judge to dismiss three charges against him on the grounds of insufficient evidence to prove his criminal intent. The jury could not reach a consensus on the most serious Money Laundering charge, and the prosecution has yet to decide whether to retry the case.

The implied volatility of Bitcoin has dropped to its lowest level in 2023, presenting a "calm before the storm" situation in the market. Data indicates that the reserves of Bitcoin on exchanges have decreased, with investors holding their coins steady, and the derivatives market remains calm, suggesting a possible rise in demand in the future.

Odaily News In response to community concerns, former Morph CEO Cecilia Hsueh clarified on the X platform that she left the Morph team before the launch of the Morph black card and did not participate in its preparation, nor did she promote or sell the product to users, so there is no "overpromising." She expressed surprise that recent refund issues have led some users to still associate her with this matter, prompting her clarification. Previously, it was reported that a co-founder of the Morph project had moved to the MEXC exchange.

Odaily News Solana Policy Institute announced that it has donated $500,000 to the legal defense fund of Tornado Cash developers Roman Storm and Alexey Pertsev. The two have been convicted in connection with a cryptocurrency mixer case and are facing prison sentences. Pertsev was previously sentenced to 64 months in prison in the Netherlands for assisting in $1.2 billion Money Laundering, while Storm was convicted this month in New York for unlicensed money transmission, though the jury did not reach a consensus on the Money Laundering and sanctions charges. Solana Policy Institute CEO Miller

Golden Finance reported that Matthew Galeotti, Acting Assistant Attorney General of the Criminal Division of the U.S. Department of Justice, stated at the American Innovation Project event that "merely writing code without malicious intent is not a crime." He emphasized that the Department of Justice will continue to prosecute crimes involving fraud, Money Laundering, and sanctions evasion, but will not impose a new regulatory framework for the encryption industry through criminal law. The statement came weeks after Roman Storm, the founder of Tornado Cash, was convicted of operating an unlicensed money transfer business, sparking calls within the industry to dismiss the charges against him. The Department of Justice's shift in stance is seen as related to the new Trump administration's adjustments to digital asset policies.

PANews August 8 news, Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, posted on X stating that the foundation will donate an additional $500,000 for the legal defense of Tornado Cash founder Roman Storm. Wang emphasized: "Privacy is the norm, and writing code is not a crime." Previously, news yesterday reported that Tornado Cash founder Roman Storm was convicted of unlicensed money transmission, but the jury did not reach a consensus on the charges of money laundering and sanctions.

Bitcoin (BTC) prices have slightly rebounded, currently reporting around $114,850 during the Asian session today (7th). U.S. President Trump has raised tariffs on Indian goods to 50%, and as trade tensions escalate, it has further suppressed the demand for Crypto Assets. A Manhattan jury has found Tornado Cash co-founder and developer Roman Storm guilty of conspiring to operate an unlicensed currency business. Cryptocurrency traders are preparing for potential price drops in Bitcoin and Ethereum this August, as DeriveXYZ's options data shows a clear bearish sentiment in the market.

Odaily News According to market news: In the Roman Storm case, part of the ruling found the charges of illegal operation of unlicensed remittance services to be established, while the charges of conspiracy to Money Laundering remain undecided, with no violation of sanctions regulations.

PANews August 6 news, according to Zoomer, the jury in the case of Tornado Cash developer Roman Storm is currently divided, and the court states that a partial verdict may soon be reached.

Odaily News Encryption reporter Eleanor Terrett posted on the X platform stating that the jury in the Roman Storm case today reported being deadlocked on some charges. Judge Failla subsequently issued an Allen charge, instructing the jury to continue deliberating. If the deadlock persists, the court will accept partial verdicts, and the government may refile charges on the remaining counts. We are currently awaiting the results of the jury's continued deliberation.

The jury will decide the fate of Roman Storm, co-founder of Tornado Cash, who faces charges of Money Laundering and sanctions violations, and if convicted, could face 40 years in prison. This case could set a legal precedent for developer liability.

The U.S. Department of Justice has officially stated that it will no longer investigate Dragonfly's early investment in the encryption mixer Tornado Cash, confirming that media reports regarding the lawsuit are inaccurate. Tornado Cash co-founder Roman Storm still faces related charges.

According to data from the German market research firm GfK, the confidence index of UK consumers fell to -19 in July due to expectations that the UK government may raise taxes, while the savings index rose to +34, indicating consumers' cautious attitude towards the future economy and concerns about rising inflation.

According to Golden Finance, in the money laundering case of Tornado Cash developer Roman Storm, the defense is considering applying for a retrial, as the testimony of a victim may have misled the jury. On-chain analysts pointed out that the victim's funds did not go through Tornado Cash, and the prosecution did not verify the flow of funds, reflecting the significant impact of technical errors and misleading testimonies on the trial.

The trial of Tornado Cash co-founder Storm has concluded, with the jury members being relatively young. The prosecution referred to it as a "Money Laundering machine," while the defense emphasized that Storm is a tool that has been abused, planning to invite experts to testify in support of its claims. The case will continue tomorrow.

The co-founder of the crypto tumbler Tornado Cash, Roman Storm, is facing trial for Money Laundering and violating sanctions laws. He urgently needs $500,000 to address a funding shortfall and plans to raise another $1 million to cover legal fees, emphasizing the importance of defending code freedom.

The legal team of Tornado Cash co-founder Roman Storm has accused the U.S. prosecutors of using misleading evidence on the eve of the trial. The core controversy lies in the lack of forwarding source metadata for key messages extracted from Telegram chat records, which could mislead the grand jury. The prosecution admitted that the format of the chat records provided earlier (plain text) did not indicate forwarding information, but insisted that the later provided HTML version (with annotations) is authentic and valid. Legal experts pointed out that this evidence verification issue could weaken the prosecution's position due to a violation of the "Brady Rule" (which requires prosecutors to continuously correct errors), potentially affecting the credibility of the core charges in the case and raising concerns within the crypto community about the legal responsibilities of DeFi protocols and the fairness of judicial procedures. This case involves allegations of cryptocurrency Money Laundering and unlicensed remittance businesses, and its outcome will have far-reaching implications for the legal compliance of on-chain privacy tools (such as crypto mixers).

The criminal trial of Tornado Cash founder Roman Storm is about to begin, but as the prosecution plans to summon a Hacker to testify, Storm's defense attorney has requested to exclude the witness's testimony, arguing that it would bias the jury. If the court denies this motion, the defense team indicated that they might request a postponement of the trial. This case has sparked widespread follow in the encryption community, with many believing that writing code should not be considered a crime. Meanwhile, another founder of Tornado Cash, Alexey Pertsev, has been sentenced in the Netherlands, while Roman Semenov remains at large.

After Bitcoin (BTC) reached a historical high of 117 million USD, it continued to trade around 116,600 USD during the Asian early session today (11). A perfect storm is driving market sentiment, and Bitcoin spot ETF is expected to see inflows for six consecutive days. Analysts believe the target price for Bitcoin may reach 120,000 USD.

The lawyer of Tornado Cash co-founder Roman Storm has requested to exclude a hacker who may testify, stating that their identification was disclosed only after the deadline, which could impact the jury's judgment. If the request is denied, the defense team will seek to postpone the trial, scheduled to begin on July 14.

Bitcoin (BTC) is attempting to turn two key resistance levels into support after setting a historical highest weekly closing price, laying the groundwork for a new high. Some analysts believe that the crypto assets market may be in a "calm before the storm" phase. Prominent analyst Rekt Capital emphasizes that the goal is to convert this resistance into support, which would push BTC towards new all-time highs (ATH). He noted: "Given that the price barely closed above the final weekly resistance level, this leaves very little chance for the price to cleanly pull back and confirm that level as support; in other words, this pullback process is likely to be highly volatile."

Vitalik Buterin mentioned on the X platform that the trial of Tornado Cash founder Roman Storm is imminent and emphasized the importance of privacy tools. With frequent hacker attacks on centralized databases, there is a need to strengthen the integration of privacy and security, hoping that the United States can take the lead in creating a safer and freer environment.

Ethereum founder Vitalik supports Tornado Cash co-founder Roman Storm in a post, stating that anonymization software should not be subject to money transmission business regulation. He emphasizes that enhancing privacy protection is an important component of safety and hopes that the United States can promote a safer data environment.

Ethereum co-founder Vitalik supports Tornado Cash co-founder Roman Storm in a post, arguing that anonymization software should not be subject to money transmission regulations. He emphasizes that enhancing privacy protection is an important component of security and hopes that the U.S. can promote a safer data environment.

Roman Storm, the co-founder of Tornado Cash, revealed in an interview that his U.S. criminal trial will begin on July 14 in New York. He will respond to charges of illegal profits but did not specify whether he would defend against charges such as Money Laundering.

Jin10 Data July 1st news, according to information from Russia, on the evening of June 30th local time, the Ukrainian armed forces used "Storm Shadow" cruise missiles to attack the central area of Donetsk city, resulting in 1 death. As of now, there has been no response from the Ukrainian side.

Golden Finance reported that the hacker attacking the Cork Protocol has transferred $11 million worth of stolen ETH (4,520 coins) to the encryption mixer Tornado Cash, and subsequently donated 10 ETH, worth approximately $24,000, to the legal fund of Tornado Cash co-founder Roman Storm. In response, Roman Storm posted on the X platform stating that he would never accept donations from hackers and would return the 10 ETH to Cork Protocol. It is reported that Cork Protocol co-founder Phil Fogel has expressed gratitude and donated 1 ETH to Roman Storm's legal fund.

According to Gate News bot, CoinTelegraph reported that Celestia co-founder Mustafa Al-Bassam claimed that despite the escalating allegations of misconduct, insider profits, and community distrust, the team remains committed and has the financial capacity to weather the storm.

Gate News bot message, venture capital firm Paradigm has submitted an amicus brief supporting Tornado Cash co-founder Roman Storm, arguing that the jury needs to fully understand the legal definition of operating a remittance business.

Paradigm submitted an opinion letter to the New York court in support of Tornado Cash co-founder Roman Storm, emphasizing that he, as a developer, did not control user funds, opposing the prosecutor's charges, and warning that a conviction could have a negative impact on encryption and Open Source software development.

Gate News bot message, investment firm Paradigm has submitted an amicus brief to the New York court in support of Tornado Cash co-founder Roman Storm's case. The brief focuses on the legal definition of "money transmission business." Paradigm points out in the document that Storm, as a software developer, does not directly control user funds, and the prosecution's allegations conflict with current laws and FinCEN guidelines. Additionally, Paradigm elaborates on the consequences of Storm's conviction in the brief, stating that this ruling will have widespread implications for Crypto Assets, artificial intelligence, and Open Source software development.

Crypto analyst Don Alt warned that a storm may be brewing in bitcoin - and the driver of this storm may not be speculators, but institutional investors. He believes that companies hoarding bitcoin could end up being the biggest selling stressors in the market. Currently, global corporations hold more than 1.1 million bitcoins (worth more than $117 billion), and he believes that the factors driving the rally in this cycle could also accelerate the next crash. According to the analyst, the next decline could be the same as the catastrophic bear market of 2018, when Bitcoin plummeted by more than 80% from its highs. "No one is ready for the ferocity of the next bear market," he said, noting that institutional holders may take liquidation actions during periods of financial strain or falling prices.

Gate News bot news, the Ethereum Foundation recently announced a donation of $500,000 towards the legal defense of Roman Storm, one of the developers of Tornado Cash, and pledged an additional $750,000 in community donations. Storm's team stated that this amount is sufficient to cover his remaining legal fees. The Foundation expressed on X: "Privacy is reasonable, writing code is not a crime." Storm will face trial next month for alleged conspiracy to commit Money Laundering and violating U.S. sanctions.

Odaily News: US prosecutors have moved to prevent expert witness Roman Storm, founder of Tornado Cash, from testifying, claiming it would waste the jury's time and confuse jurors about privacy, tokenomics, and KYC. The case has evolved, with the Department of Justice dropping the unlicensed money transmission charges but retaining the money laundering charges, and ceasing to refer to Tornado Cash as a financial institution. Storm warned: if I lose, DeFi will go down with me. The Ethereum Foundation has provided $500,000 for Storm's defense and will match $750,000 in community donations, emphasizing that privacy is normal and writing code is not a crime. The case will be heard in less than 30.

The U.S. prosecutor opposes the appearance of expert witness Roman Storm, the founder of Tornado Cash, claiming it would confuse the jurors' understanding. The prosecutor has dropped the "unlicensed money transfer" charge but retains the money laundering charge, with the trial set to begin on July 14.

Odaily News The Ethereum Foundation announced it will provide up to $1.25 million in funding to support the legal defense of Tornado Cash co-founder Roman Storm, which includes $500,000 in direct assistance and up to $750,000 in community matching donations. Roman Storm will be tried in U.S. federal court on July 14, facing charges of operating a remittance business without a license, money laundering, and violating sanctions. The foundation emphasized, "Privacy is normal, writing code is not a crime," and this move is seen as a key stance in support of Open Source and Web3 privacy freedom. Previously, Vitalik Buterin had donated 50 ETH to support Storm's defense.

PANews, June 14 - According to The Block, Tornado Cash co-founder Roman Storm is raising defense funds for the trial that will begin on July 14 in New York. The Ethereum Foundation announced a donation of $500,000 and pledged to match community donations up to a maximum of $750,000. The foundation stated, "Privacy is normal, and writing code is not a crime."

Golden Finance reports that Tornado Cash co-founder Roman Storm is raising defense funds for the trial set to begin on July 14 in New York, with a target amount of $2 million. The Ethereum Foundation has announced a donation of $500,000 to support Roman Storm's defense. The Ethereum Foundation also stated that it will "receive up to $750,000 in additional donations from the community."

Gate News bot news, according to Wu's report, the Ethereum Foundation has donated $500,000 to Roman Storm's legal defense fund. Meanwhile, the Foundation also announced the launch of a matching donation program, with a cap of $750,000 for matching donations, in line with community contributions. In this donation statement, the Ethereum Foundation emphasized the importance of privacy as a fundamental right and pointed out that writing code should not be considered a criminal act. Currently, supporters can participate in Roman Storm's legal defense fund donations through the Juicebox platform.

Introduction A global cryptocurrency storm is sweeping across, with governments around the world imposing increasingly stringent regulations on cryptocurrencies, constraining the development space of digital assets like a tightening spell. Virtual currencies such as Bitcoin are facing unprecedented challenges, and the wave of exchange closures is forcing investors into a predicament. However, the innovative potential of blockchain technology still exists, and this storm may reshape the cryptocurrency ecosystem, leading the industry towards a more regulated future. Global Ban on Cryptocurrency: The Tightening Grip of Governments In recent years, the global cryptocurrency market has faced unprecedented challenges, with governments around the world tightening regulatory policies on virtual currencies. The ban on cryptocurrencies has acted like a tightening curse, firmly constraining the development space of digital assets. This wave of bans has swept across the globe, having a profound impact on the cryptocurrency industry. Bitcoin Becomes a Prisoner: The Wave of Exchange Closures and the Predicament of Investors Under the influence of the ban on currencies policy, many well-known cryptocurrency exchanges have been forced to shut down or withdraw.