July 17: Crypto’s Middle Innings - Tornado Cash, Pudgy Penguins & California Dreamin’

Headlines for July 17

• Roman Storm, developer of Tornado Cash, is finally in the courtroom this week as where Gov’t prosecturors are looking to prove his motives in helping criminal activity.
• Coinbase unveils Base App, rebrands wallet as all-in-one social and trading platform.
• US House clears procedural step for three key crypto bills, floor vote expected Thursday.
• California Governor Newsom signed an executive order forming a new tech innovation group in the Golden State.
• Finally, we’ve got a baseball analogy from Jason on Spotify. What inning is it for blockchain?

Rapid Fire Little Bitz to End Here

• Talos token launch fumbles out the gate. Empyreal team botches the Abri/Eth limit mechanism. That’s different than the Citi-backed crypto infrastructure firm Talos acquires Coin Metrics in deal worth over $100 million
• The exchange Upbit Faces Record $131B Fine in South Korea. Over 9.5M KYC violations detected, facing a possible fine: $100K per case
• CoreDAO introduces first revenue - sharing model for stablecoin issuers and devs.

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