Ethereum’s NEW $22K Fund: Is It Saving Crypto Devs From JAIL NOW?!
Can developers building essential privacy tools face lengthy jail sentences for their work? Shockingly, this is the reality for two Tornado Cash developers, prompting the Ethereum Foundation and Keyring to launch a groundbreaking new fund. This innovative initiative uses Keyring's zkVerified vaults on the Ethereum mainnet, directing initial protocol fees entirely toward the legal defense of Alexey Pertsev and Roman Storm, who face severe charges. Furthermore, the model allows users to supply USDC, earning rewards while simultaneously funding privacy-focused builders. This crucial development comes amidst soaring interest in Web3 privacy projects, though it faces challenges from competitors like Cardano's Midnight. To stay updated on these crucial battles for digital freedom, make sure to subscribe to our channel.
Tags/Hashtags: #keyring #privacy #web3 #developers #cryptocurrency #cardano #keyring #molochdao #cardano #midnight #monero #zcash
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