Ethereum Foundation Funds Legal Defense for Tornado Cash Developers

The Ethereum Foundation and Keyring Network have launched a fundraising initiative to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, reviving industry debate about privacy tools and regulatory compliance in decentralized finance. The campaign marks a significant show of support for open-source developers facing criminal charges related to privacy-preserving protocol development.

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SWIFT Selects Ethereum’s Linea Layer-2 for Blockchain Payment Platform

SWIFT has officially confirmed it will build its blockchain payment settlement infrastructure on Ethereum layer-2 network Linea, with over 30 major banks including Bank of America, Citi, and JPMorgan Chase participating in trials. The move brings SWIFT’s $150 trillion annual payment volume into the blockchain ecosystem and positions Linea as a competitor to existing crypto payment networks like Ripple’s XRP Ledger.

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