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This $2.5 Billion BlackRock Fund Is Coming to Binance and BNB Chain

BlackRock has announced that its $2.5 billion USD Institutional Digital Liquidity Fund (BUIDL) will expand to Binance and the BNB Chain, according to a recent press release from Securitize. The fund will now be accepted as collateral for trades on Binance, marking its integration into the exchange. This asset, backed by U.S. Treasuries, aims to provide stable yields for institutional traders. Launched in March, the BUIDL fund has grown to support eight blockchains, and it offers an average yield of 3.7% on an annualized basis. Binance's clientele has been seeking more interest-bearing assets to mitigate price volatility. Securitize is also preparing for a public offering through a SPAC deal, further emphasizing the growing institutional interest in digital assets. This development continues to highlight the adoption of blockchain technology by major financial institutions, despite regulatory scrutiny.

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Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm

Prosecutors from the Southern District of New York asserted that there was sufficient evidence to convict Roman Storm, a developer of Tornado Cash, which is a cryptocurrency mixing service. In response to Storm's acquittal motion, the DOJ argued that the trial established his role as a co-founder and

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York asserted that they possess sufficient evidence to convict Tornado Cash developer Roman Storm, challenging his recent motion for acquittal following his conviction on a conspiracy charge. The prosecution's filing highlighted that Storm was a co-founder of Tornado Cash and intentionally

Tornado Cash Case: DOJ Had Enough Evidence to Convict Roman Storm, Prosecutors Say

Prosecutors from the Southern District of New York made a filing asserting that they had sufficient evidence to convict Roman Storm, a developer of the crypto mixing service Tornado Cash. This motion counters Storm's request for acquittal following his earlier conviction for conspiracy to operate an unlicensed money

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